The net profit of ChelyabInvestBank dropped by 37.7% (73.31m RUR) in the third quarter of 2011. The decrease in profit had to do with lowered revenues from stock transactions and the growing securities tax.

RIA-Analitica came up with a rating of Russian banks based on the private individuals’ deposits volume. The analysts observe that Russian citizens placed 4% more money with the banks in the third quarter of 2011 than earlier, and the sum reached 10.9 trillion RUR altogether. Three banks registered in Ural Federal District were featured on the Top 50 list. This included SKB-Bank that was given the 31st position country-wide. The bank’s private individuals’ deposits volume exceeded 39.8bn RUR on October 1, 2011. The Urals-based banks are usually the ones that do best in terms of deposits: the

A Russian-Kazakh uranium enrichment company will start operating in Novouralsk in 2012, head of Rosatom Sergey Kiriyenko announced. ‘We have reached a full understanding with our Kazakh partners. This is a state-run program, we are moving along in accordance with the scheduled, and I believe the joint venture should be operating in 2012,’ RIA Novosti quotes Kiriyenko as saying. According to Rosatom CEO, the Kazakh partners will be involved in the operation of Ural Electrochemical Plant and will be able to use the uranium enrichment opportunities it offers; in return, Russia will be able to

Sky Express Airlines will no longer be operating under this brand. The company’s fleet of vehicles and its personnel will be handed over to Kuban Airlines, while the brand known as Sky Express is expected to grace chartered flights with its presence, RBC daily reports. The airline will operate its two last flights from Kaliningrad to Saint Petersburg and Moscow. ‘We have completed the transfer of aircraft formerly operated by Sky Express to Kuban Airlines’ fleet of vehicles,’ says Kuban’s Director-General Alexander Stognushenko. He says the new carrier’s fleet will now number seven Boeing

Sverdlovsk Region-based entrepreneurs have just come back from a business trip to Europe organized for them by Sverdlovsk Region Infrastructure Hub. Their trip included visits to innovation centers, business incubators, and Britain’s Chambers of Commerce as well as receiving medals at the British Invention Show and Awards. The British Invention Show is one of Europe’s leading innovations expo, with ninety-two companies from different countries taking part this year. The jury, made up of well-known scientists and representatives of large enterprises, awarded two projects from the Urals: