Governor of Sverdlovsk Region Alexander Misharin met the Ambassador Extraordinary and Plenipotentiary of the United Kingdom to the Russian Federation Anne Pringle, who arrived in Yekaterinburg to look at the region’s socioeconomic development and to learn about the approach taken by the local authorities to counteract the global economic recession. According to the spokesperson for the Governor, the UK has been one of Sverdlovsk Region’s top twenty foreign business partners over the last few years. In 2009, the two parties’ trade turnover totaled to $245.2m, which was the 13th largest figure

The e-customers of Bank24.ru have been once again faced with the bank’s poor online performance: they couldn’t perform a single transaction, as the service denied private individuals any access to the resource. The denial was explained by preventive maintenance operations, even though the bank never informed its customers about these operations beforehand. Some of the unhappy customers comment on this via E1 forum: ‘There is nothing about the preventive maintenance in the news, so this must be something done on a regular basis and under a schedule, then? I would like my bank to be

The internal rules and policy of Khanty-Mansiysk-based Khanty-Mansiyskiy Bank have not been approved of by the Federal Financial Market Service of the Russian Federation so as to counteract laundering proceeds from criminal activity and terrorist financing.

The Ural division of Rostechnadzor (the state environmental, technological, and nuclear safety watchdog) carried out an investigation and detected that the fatal accident at Kalyinskaya mine (SUBR-Stroy, Sverdlovsk Region) on January 15, 2010 had been caused by poor mine maintenance, badly organized working space, unsatisfactory arrangement of production processes, and lack of control over technological and production discipline, the spokesperson for the division reports. The fatal accident occurred at Kalyinskaya mine on January 15, 2010. The victim was a forty-five-year-old shaft man. A

Standard & Poor’s decreased Evraz Group’s rating from B+ down to B, with Stable Rating Outlook. ‘The decrease in ratings is a sign that the agency believes Evraz to be entering a period of operational weakness for the next couple of years due to the steel industry’s dramatic downfall,’ says the agency’s credit analyst Alex Herbert. S&P expects the company to remain heavily in debt (stemming from some earlier acquisitions) and to have limited cash generation. The agency feels Evraz Group’s profits and cash flow will gradually restore as the steel market slowly comes back to life.