The Finance magazine came up with a ranking of Russia’s largest banks in terms of asset profitability in the first quarter of 2011. The main rating criterion used was ROA, that is, the ratio of the pre-tax profit in the first quarter to the average asset volume in the same three months of the year. SKB-Bank, with its ROA at 3.52%, was among Russia’s top 20 most profitable banks and was given the 16th position on this list. What is more, the bank was rated the most profitable bank in Ural Federal District and second most profitable bank in Sverdlovsk Region. The bank’s net profit reached 712m

Acting Governor of Sverdlovsk Region Anatoly Gredin held a work meeting with the Ambassador Extraordinary and Plenipotentiary of Turkey to Russia Aydin Sezgin. The diplomat arrived in the mid-Urals to take part in the Turkish Culture Days coordinated by Ural Federal University. Given the volumes of our mutual trade turnover and our investment cooperation potential, as well as the availability of direct flights between Sverdlovsk Region and Turkey, it’s time we set up a Turkish trade representation or a consulate in Yekaterinburg. This would allow us to build up on the business and

UT440, a flight from Tomsk to Moscow operated by UTair, was delayed in Tomsk Airport by five hours, the airport’s interactive announcement board states, according to RIA Novosti. According to the original timetable, the plane was to leave for Moscow at 7 AM local time (4 AM Moscow time), but the departure was put off until noon (9 AM Moscow time). The interactive announcement board only says that the security check has been completed. Tomsk Airport information center explains that the flight was delayed due to technical problems with the aircraft.

Gosstroynadzor (the state construction surveillance agency) experts and the representatives of Yekaterinburg municipal council as well as officials from the city’s district councils completed their examination of the sanitary condition of the local construction sites. Gosstroynadzor’s local division reports a number of developers have to fix things at once: RSU-37 must bring things to order at an apartment block site in Krasnolesye St, Uralmashstroy needs to work on an educational facility/underground garage site in Gagarin St and Botanicheskaya St, Stroytech has to take care of a shopping

Pufico is closing down its representation in Yekaterinburg without having met its customer obligations. The company’s show room, currently located at Gulliver furniture store, will work for one last day tomorrow, the company told UrBC reporters. We are going to call our customers and inform them of the closure tomorrow,’ Pufico reports. This Yekaterinburg furniture shop received some money in advance but never delivered the orders. Its customers have been struggling for a while now, trying to get the furniture or their money back. According to Pufico’s employees, a factory in Miass,