RusRating Agency promoted the Ural Bank for Reconstruction and Development’s rating from B- to B Stable. The agency reports this promotion has been brought about by the bank’s greater efforts in the field of offering loans to natural persons, expanding its subsidiary network, and dynamic overall business expansion. Then, there are factors like impressive share of the regional retail deposit market, a nice reputation on the Russian interbank market, and a clever development strategy. ‘All of the bank’s ratings are currently at least at B level, which means the independent experts think highly

Experts from Ural Airlines’ Economic Planning Department evaluated the results of the company’s activity in July 2007 The carrier performed 1,211 flights on July 1-31, 2007, including 344 international ones, 789 domestic ones, and 78 flights made within the CIS. The total number of flights exceeds that for July 1-31, 2006 by 7%. Ural Airlines flew almost 10,000 more passengers than had originally been planned, with round about 160,000 people using the airline this July (which is 20% better than a year earlier). Some 90,000 passengers used the company’s domestic flights and 60,000 people used

Sverdlovsk Region Court reports that the trial of Pavel Fedulev that began on August 6, 2007 is going to be resumed at 10 AM on August 7, 2007 after a day’s adjournment. Mr. Fedulev is accused of attempted fraud, falsification of evidence, forgery, and mass riots (Articles 30 (part 1), 159 (part 4), 33 (part 3), 303 (part 3), 327 (part 2), and 212 (part 1) of Russian Criminal Code).

The regional budget got a lot more revenues in the first half of 2007 compared with a year earlier in terms of advance corporation tax (27.5% better than in January-June 2006), natural person income tax (31.4% better than in January-June 2006), total revenue tax (39.2% better than in January-June 2006), property tax (44.5% better than in January-June 2006), environmental fees (23% better than in January-June 2006), and state dues (39% better than in January-June 2006), Sverdlovsk Region Ministry of Economics and Labor reports. Excise duty revenues dropped by 70% compared with January-June

‘Former Minister of Economics and Labor Galina Kovaleva is highly likely to get a job at Sverdlovsk Gubernskiy Bank, given especially the fact that she is the bank’s BOD chairperson at the moment. Ms Kovaleva might also get a position with a large federal bank that needs to quickly break into the market as well as get a very powerful administrative resource and great government relations,’ Unicom Partner Universal Investment Company’s Asset Management Director Vitaliy Kalugin said to UrBC. ‘I don’t believe Ms Kovaleva’s leaving Sverdlovsk Gubernskiy Bank is going to badly affect the bank’s

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by 3.03% over last month. According to Eurogreen’s website, the company’s net assets decreased from 5,186,765.19 RUR on July 2, 2007 to 5,029,555.64 RUR on August 2, 2007.

‘'We’ve been on the cellular communication market for five years now, and we’ve been able to offer our customers over thirty different tariff schemes so far. Every tariff and payment scheme eventually grows outdated, so we come up with some new ones. Our main principle is making tariffs both innovational and transparent, that is, clear to our subscribers,’ MegaFon’s General Director Sergey Soldatenkov announced at a press conference on August 3, 2007. ‘In 2002 we offered our customers some tariffs that worked on a regional scale, and now we are also able to operate on the federal level.

Central Bank of Russia reports volume of loans given by Sverdlovsk Gubernskiy Bank to state-owned profit-making organizations for 1 to 3 years went down by 29.1% (from 4.999 million RUR to 3.541 million RUR) in January-July 2007.

Governor of Chelyabinsk Region Petr Sumin held a cabinet meeting on August 6, 2007. The Governor discussed the results of the previous week’s activity with his deputies and offered an action plan for the upcoming days. Among the previous week’s highlights were the successful negotiations with the management of Rosspirtprom Federal State Unitary Enterprise regarding retention of distilleries in Petropavlovsk and Tyubuk. Governor Petr Sumin and Rosspirtprom’s General Director Igor Chuyan decided they needed an ad hoc committee that would draw up a plan on launching alcohol production at all of

Sberbank’s two new brokerage and depositary operations centers welcomed their first visitors in Ufa on August 1, 2007. All of the bank’s customers willing to make money through stock exchange trading can now get serviced at the new offices 8598/0195 and 8598/0197 located at 10 Pervomayskaya St. and 79 Pushkin St. respectively, as well as at Sberbank of Russia’s Bashkirskiy branch one. 'Introducing more bank offices is the first step on the way to turning these smaller offices into full-fledged financial centers that would offer their customers the whole range of services an investor

The value of net assets of Energy – Mixed Investments, the unit investment trust managed by Eurogreen Management Company Ltd. keeps going down. According to Eurogreen’s website, the company’s net assets decreased from 5,209,096.02 RUR on July 31, 2007 to 4,990,236.27 RUR on August 1, 2007, or by 1.99%.

'We’ve been on the cellular communication market for five years now, and we’ve managed to persuade over three million people to use our services so far. MegaFon Ural is currently operating in 355 cities and towns based in ten different regions of Russia - and they are all united by a single home-area network. This means MegaFon Ural could provide reliable communication services to all the 15.5 million people living within this area. At the moment, every one in five people living in the Urals prefers to use MegaFon Ural,’ MegaFon Ural’s General Director Denis Malyshev announced at a press

Ural Airlines can boast of an improved website that now offers information on any of the carrier’s flights performed from or to a particular city (that is, from or to about thirty Russian ones and sixteen cities located abroad and in the CIS). If a customer happens to be exploring the airline’s website and picks a city, he or she will be shown a list of destinations and directions available from there as well as a list of airports the planes leave and arrive in, a complete timetable with all the departure and arrival time lists available; in addition, information on the duration and the

According to the Central Bank of Russia, volume of natural persons’ investments and deposits in Uralprivatbank valid for 181 days to 1 year went down by 33.8% (from 143.522 million RUR to 94.974 million RUR) in January-July 2007.

According to the Central Bank of Russia, volume of loans given by SberInvestBank to natural persons for 181 days to 1 year went down by 36.9% (from 6.331 million RUR to 3.992 million RUR) in January-July 2007.

'Sverdlovsk Region division of Federal Antimonopoly Service is now once again looking into the recent increase in fuel prices introduced by Koltsovo airport of Yekaterinburg. The Service is trying to determine whether this increase was actually justified. The airport management claims this was brought about by growing wholesale purchasing prices, and we’ve already sent out a few inquiries to see if this really was the case,’ Head of Sverdlovsk Region division of Federal Antimonopoly Service Marina Pushkareva said to UrBC. Koltsovo airport is now selling its fuel at 18,460 RUR per ton

The growth of Raiffeisenbank Austria’s loan volumes dropped by 3.5% in the first half of 2007 compared to the previous period. The bank is reported to have provided its customers with 26.481 billion RUR in January-June 2007, Interfax-CEA reports.

According to the Central Bank of Russia, volume of nongovernmental financial institutions’ deposits in Yekaterinburg Municipal Bank valid for 31 to 90 days went down by 100% (from 1 million RUR to zero) in January-July 2007.

Central Bank of Russia reports volume of loans given by AGROPROMBANK Credit to natural persons for 181 days to 1 year went down by 27.4% (from 65.762 RUR to 47.719 RUR) in January-July 2007.

Central Bank of Russia reports volume of nongovernmental financial institutions’ deposits in Yekaterinburg Municipal Bank valid for 31 to 90 days went down by 100% (from 1 million RUR to zero) in January-July 2007.