‘If we don’t start putting production facilities right now, Yekaterinburg might feel the shortage of building materials in two years’ time,’ the Executive Director of Sverdlovsk Region Union of Building Enterprises Yuri Chumerin announced at the press conference of the Union of Sverdlovsk Region Builders. According to Mr Chumerin, it is necessary to raise the production output of cement, insulating stuffs, and concrete components. The technological efficiency of the construction process can also be questioned, as Mr Chumerin believes very few local building enterprises have mastered the most

SKB-bank introduced a new subsidiary in Tyumen, located right in the center of the city (61 Respubliki St.) ‘This office renders all kinds of banking services for both private and business clients. The residents of Tyumen will probably find our already-popular consumer loans (Loan for a Friend, Loan for Buddies) and deposit schemes (The Simple Decision and The Multiplication Table) quite interesting. We are ready to offer the businesses and sole traders a lot of banking products and services, namely, the schemes for point-of-sale services (Start, Business Class, Comfort), loans and lines of

The causes of and damage done by the fire that broke out at sheet-rolling shop of Metallurgical Industrial Complex of Magnitogorsk have yet to be determined, reports the press officer for Chelyabinsk Region Department of Emergencies. Based on what has been revealed by 7 AM today, an exhaust and inflammation of hydrochloric acid placed in the rinse tanks occurred at the etching department of the sheet-rolling shop for yet obscure reason, causing a fire to start. The fire then deformed the bearing structures of the building, so all the metalwork and the roof of the shop covering the area of

According to the Central Bank of Russia, the volume of loans given by Credit Ural Bank to natural persons for a term of 181 days to 1 year has gone down by 68.71% (from 27.128m RUR to 8.487m RUR) in the ten months of 2006.

‘ChelyabEnergoSbyt received the certificate of readiness for the winter season. We have done plenty of work, such as drawing up the schedules for limiting electricity supply for the period when our facilities are normally overloaded,’ Sergey Sukhodoev, Deputy GD of ChelyabEnergoSbyt, the electricity supplier, announced at the press conference of power generating and supplying companies. ‘In case of emergency, our power facilities will decrease their capacity to 967 megawatts, which amounts to 20% of the total regional energy consumption. All the schedules have been approved of by the regional

The amount of foreign investments coming to Chelyabinsk Region has risen by 48.6% over the nine months of 2006 (compared with January-September 2005) and amounted to $961.2m, says Chelyabinsk Region Minister of Economic Development Yuri Klepov. This increase has largely been caused by the attempts of the regional government to create the conditions that would attract the foreign investors to the region; besides, Chelyabinsk Region has been quite stable both economically and politically lately. In addition, a system of interconnected legislative acts aimed at promoting investing activity was

‘Since Yekaterinburg Meatpacking Plant is now the object of an administrative quarrel, the employees would really like to know if they are going to keep their jobs. They organized a demonstration this morning, demanding to see the group of people led by Fedor Gafinets that entered the premises of the plant on November 28, 2006,’ the Marketing and Advertising Director of the plant Alexander Boboshin said to UrBC representative. ‘The workers demands were for the plant to operate uninterruptedly, for the wages to be paid with no delay, and for no redundancies to be made. They were not able to