HomeMaterials for 12.02.2010
12 February 201012:21

Igor Sechin to chair meeting in Yekaterinburg

Deputy Head of the Russian Federation Government Igor Sechin is going to chair a governmental meeting dedicated to the country’s metallurgical business development in Yekaterinburg on February 19, 2010, Head of Pipe Industry Development Fund Alexander Deyneko announced at a briefing on Wednesday. Deyneko said the meeting would be devoted to the industrial branch’s post-recession development and the measures that could help upgrade the business, RIA Novosti reports.
12 February 201012:21

Authorities find faults with Brilliant and Kirovskiy

Sverdlovsk Region’s public prosecution authorities and Ural State Assay Surveillance Inspection detected some violations in the way OOO Brilliant and ZAO Supermarket Kirovskiy dealt in precious metals and stones, the spokesperson for the prosecution authorities reports. The inspection of Brilliant revealed that, despite the existing legal norms, the company did not inform Rosfinmonitoring (the state watchdog responsible for counteracting laundering proceeds from criminal activity and terrorist financing) of its transactions. The public prosecution authorities found out that Brilliant failed
12 February 201012:20

Bank VTB confirms layoffs

‘The management of Bank VTB decided to lay off about 10% of actual employees and cut down on vacancies in both the head office and the subsidiaries. The decision regarding the redundancies was made within the framework of the bank’s expense-cutting program adopted by the Board in November 2008. Under this program, a ban on taking in any more staff has already been introduced,’ the bank’s Yekaterinburg subsidiary reported. ‘The economic recession made it necessary to work more effectively, so some of our processes were improved thanks to the new operational and business methods and launch of