HomeMaterials for 21.02.2011
21 February 201109:16

IKEA calls off Rumanian beds

The Swedish furniture maker IKEA is calling off 6,000 children’s beds due to a production fault. According to the company’s press service, the beds in question, Sniglar, made at IKEA’s Rumania-based factories, are now being called off in Canada. The problem is that the fastening bolts for the beds turned out to be too short; as a result, the beds can collapse and therefore hurt the children. The beds were sold between October 2005 and June 2010, RBC reports. IKEA pointed out that no problems have been recorded up to now. However, the company strongly recommends that all Sniglar beds should be
21 February 201109:15

Raiffeisenbank and RENOVA StroyGroup offer mortgages

Raiffeisenbank and RENOVA StroyGroup launched a new mortgage scheme recently that allows one to buy an apartment in Yekaterinburg’s newest Academic district. Customer willing to buy a place there can choose among three mortgage programs, all of which offer such advantageous terms as a 15% down payment, twenty-five years to pay the rest off, no moratorium on or commissions for the early repayment, no need to look for any guarantors or collateral. The bank promises to process the applications within three to five working days. What is more, through a special offer run by Raiffeisenbank between
21 February 201109:15

Acron protests against Sylvinite’s merger

OAO Acron appealed to Head of Russian Federation Government Vladimir Putin, asking him to forbid the merger of OAO Uralkaliy and OAO Sylvinite, Vedomosti reports. Acron President Ivan Antonov has sent two letters to Putin so far. The first one is a request to forbid the merger of two companies of any kind; the second one is a proposal that Russia’s Federal Antimonopoly Service should refuse Uralkaliy’s request to allow the merger with Sylvinite and that Russia’s Federal Financial Markets Service should look into the two companies’ compliance with the joint stock companies, securities, and
21 February 201109:14

Egypt wants Russian tourists back

The Egyptian authorities placed an official request with Russia’s Ministry of Foreign Affairs, asking to reconsider their recommendation that Russian tourists shouldn’t be traveling to Egypt for the time being. The news was reported by the Egyptian Ambassador to Russia Alaa El-Hadidi in the course of a conference with the Russian tour operators. The Ministry, however, is reluctant to let Russians go to Egypt. Rostourism head Alexander Radkov says Egypt might become a welcome country very soon, but flights to Egypt are highly unlikely to be resumed in the next couple of days.