HomeMaterials for 04.02.2010
04 February 201012:05

FINAM devaluates FSK EES

FINAM Investment Company decreased its target price assessment of OAO FSK EES’s ordinary shares from $.0.0193 down to $0.0135. This is the company’s forecast for the end of 2010. Nevertheless, FINAM still recommends buying the electricity provider’s shares. FINAM actually decided to reconsider the target price after the Federal Tariff Service confirmed the parameters which FSK EES is to use when switching to RAB-based tariff design, and also because the company’s management came up with some new financial forecasts.
04 February 201012:04

Supermarket chain closes down two stores in Yekaterinburg

Kirovskiy supermarket chain recently closed down two stores at 16 Lenin Ave. and at 62 Lenin Ave. in Yekaterinburg, the chain’s press officer Olga Nagibina said to an UrBC reporter. ‘As it happens, we own about 98% of all our shopping space, but a little bit is rented. The building at 16 Lenin Ave. belonged to two different proprietors, one of whom decided to sell his bit. So we did not think it would be expedient to renew our lease,’ she explained. ‘As for the store at 62 Lenin Ave, some technical examinations made it clear as early as December 2009 that the rented building was not in good
04 February 201012:04

Toyota dealer has no Land Cruiser Prado or Land Cruiser 200 now

‘We can currently offer our customers only a limited number of last year’s models because the distributor does not supply us with the amount the market needs. The production of cars was reduced at the end of 2009, as it was feared the unstable economic situation could affect the customers’ purchasing power badly, so the car manufacturer might suffer from overstocking. As a result, these wrong forecasts have led to shortage, with the demand outgrowing the supply,’ says Head of Toyota Center Yekaterinburg Zapad’s Sales Department Sergey Nosov. ‘Ironically, some of the most popular cars at the
04 February 201012:03

Subaru’s new makes come to Yekaterinburg in two months

‘We have been witnessing some revival of Yekaterinburg car market lately. For one, customers are once again interested in expensive makes. Subaru has just come up with a new and quite high-priced model that is already so popular that we have a shortage. Our customers find themselves having to wait for two or three months before these popular makes arrive,’ Head of OOO Subaru Center Yekaterinburg Yug’s Sales Department Sergey Mankevitch told UrBC. OOO Subaru Center Yekaterinburg Yug is Subaru’s official dealer in Yekaterinburg. ‘Making plans and coming up with forecasts for this year’s
04 February 201012:02

Russian Standard Bank gets many complaints

The public activists of Nizhniy Tagil, Sverdlovsk Region, are currently collecting signature for the petition to the Russian Federation Public Prosecutor’s Office and the President of the Russian Federation Dmitriy Medvedev’s Administration that calls for looking into the business activity of Russian Standard Bank. The petition was designed by Nizhniy Tagil branch of Russia’s Young Lawyers, a pressure group. The branch’s head Evgeniy Ryakin says they have been getting plenty of complaints regarding the methods the bank in question employs to collect loan debt. What is more, the lawyers