Russian Stock Exchange (RTS) index rose 1.67% and reached 1488.67 points over the week of September 20-24, 2010. On September 17, 2010, the index came to 1464.18 points. The common stock of LUKOIL (LKOHS) made the most positive impact on the index, with its +14.05 rise. The shares of Sberbank of Russia (SBERS) and Norilsk Nickel (GMKNS) increased by +8.19 and +3.68 points, respectively. The common stock of OAO Concern Kalina (KLNA), which dropped by 5.26% down to $18, topped the list of depreciating shares and was followed by the ordinary and preference shares of OAO Rostelecom (RTKM): these

Yekaterinburg is currently hosting the 5th All-Russian seminar meeting of the top executives running Interpol’s Russian branches. Governor of Sverdlovsk Region Alexander Misharin addressed the meeting in order to emphasize that the region was interested in the development of international cooperation, in preserving and building up on economic stability, and in promoting the rule of law in the area. The Governor declared Yekaterinburg was prepared to welcome a local division of Interpol’s General Secretariat that would collaborate with the national central bureaus in the member states of the

OAO Uralkhimplast was fined for violating the security market regulations. The fine amounted to 700,000 RUR. The decision to make the company pay a fine was taken by Ural Federal District’s division of Russia’s Federal Financial Markets Service.

The public prosecution authorities of Kurgan Region completed their investigation of OAO VUZ-Bank; the inspection was aimed at checking the bank’s observing consumer lending rights. It was detected that VUZ-Bank violated the existing Consumer Rights Protection Act in that the loan agreements did not contain any data as to the actual amount of annual interest for using the borrowed money. What is more, it was also revealed that in some instances the bank violated Article 16 of the said Act in that the loan agreements only allowed the borrowing party to pay the loan back early if a