The rating agency Expert RA rated the business solvency of Sberinvestbank at A (High Business Solvency Level), with Stable rating outlook. The Stable outlook means the rating is highly likely to remain the same in the medium term, the agency explains. The bank’s rating is positively affected by the nice balance of its assets and liabilities in the short term, great level of issued loans guarantees, and low credit and stock risks for the securities portfolio. Among some other positive factors are the satisfactory quality of the lending portfolio, access to the sources of additional cash

The public prosecution authorities took administrative action against the director of Chelyabinsk-based McDonald’s for arrears of wages owed to five teenagers who worked at the café during their summer holidays,’ the authorities report. An inspection revealed that the terms of wage-payment were violated when the five underage workers resigned from their part-time jobs. The restaurant’s director is now involved in an administrative lawsuit, with charges based on Article 5.27 (part 1) of the Russian Federation Administrative Offense Code. An order was issued to compensate the minors for the

Sinara Pipe Plant (a part of Pipe Metallurgical Company (TMK)) re-built and upgraded a branch of its medical unit in the pipe workers’ district of Kamensk-Uralsky. This was done within the framework of the company’s investment program, TMK’s press service reports. The solemn opening ceremony was attended by Mayor of Kamensk-Uralsky Mikhail Astakhov, the eparch of the local diocese His Grace Sergiy, the Bishop of Kamensk-Uralsky and Alapayevsk, the Managing Director of Sinara Pipe Plant Sergey Chetverikov, the plant’s HR Director Vyacheslav Gagarinov, a representative of the company’s

The deputy director of Vodokanal-NT and the legal entity of the same name are now involved in an administrative lawsuit for the contamination of the River Vyya; they could be fined to 3,000-4,000 RUR and 30,000-40,000 RUR, respectively, the spokesperson for Sverdlovsk Region prosecution authorities says. Vodokanal-NT offers services for the sewage network management to the following enterprises: KDV Nizhniy Tagil, Nizhniy Tagil Cold Storage Facility 1, Nizhiy Tagil Refrigerator, and Interatlantik –NTRK. It was determined that Interatlantik –NTRK dumped some waste water within the protected

The number of hunger-strikers at AMUR Car Factory has gone up to 100 people, the Novouralsk-based factory’s former worker Irina Zaprudina told UrBC. The ‘second wave’ of hunger-strikers started at AMUR today. The ‘first wave’ involved 16 people who went on a public hunger-strike. About thirty people were on hunger-strike at home. As was expected, those who went on hunger-strike in public were paid all the money that was their due. According to the former employees, the debt came to 1.5m RUR, according to some other resources, the figure came to as much as over 30m RUR. ‘The number of