According to the Central Bank of Russia, volume of loans given by Uralprivatbank to private individuals for 181 days to 1 year went down by 26.7% (from 8.296 million RUR to 6.077 million RUR) in January-April 2008.

Head of Sverdlovsk Region Government Viktor Koksharov met Germany’s Foreign Minister and Vice-Chancellor Frank-Walter Steinmeier at Koltsovo airport of Yekaterinburg on May 13, 2008. The spokesperson for the Governor of Sverdlovsk Region reports the minister heads an official delegation of Germany’s leading business executives. The agenda of the minister’s visit covers meeting the Governor of Sverdlovsk Region Eduard Rossel, negotiating with the Russian Federation Minister of Foreign Affairs and Plenipotentiary Representative of Russian Federation President in Ural Federal District Petr

Central Bank of Russia reports volume of loans given by Pervouralsk Joint Stock Commercial Bank to state-run for-profit organizations for 181 days to 1 year dropped by 100% (from 1.4 million RUR to zero) in January-April 2008.

URSA Bank made $15.79m worth of coupon payments on its Eurobond issue on May 12, 2008, the bank’s press officer reports.

Moscow, 13 May 2008 - UC RUSAL, the worlds largest aluminium and alumina producer, is pleased to announce the appointment of Dmitry Razumov, CEO of the ONEXIM group, to its Board of Directors. This appointment follows the acquisition of 25% plus one share stake in Norilsk Nickel from the ONEXIM Group. Biography: Dmitry Razumov has been the CEO of the ONEXIM Group since May 2007. From 2001, Dmitry was deputy to the CEO of OAO GMK Norilsk Nickel. In this capacity, he supervised the development strategy of the company and its merger and acquisition policy. Between 2000 and 2003, Dmitry was a

According to the Central Bank of Russia, volume of loans given by Tagilbank to sole traders for 31 to 90 days went down by 81% (from 11.94 million RUR to 2.258 million RUR) in January-April 2008.

Arbat Prestige, the cosmetics store located at the intersection of Lenin Ave. and Gagarin St. in Yekaterinburg, has recently closed down. This was Arbat Prestige’s last store in town, while the first one, located in Vosmoye Marta St., had to stop operating in November 2007. Neither the company’s local representatives nor the HQ employees could provide any comments.

According to the Central Bank of Russia, volume of loans given by Khanty-Mansiyskiy Bank to state-run for-profit organizations for 1 to 3 years went down by 41% (from 178 million RUR to 104.735 million RUR) in January-April 2008.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of May 7, 2008, the share price of Raiffeisen Electroenergetika (Raiffeisen Capital Management Company) has gone down by 27.53% since January 1, 2008.

Central Bank of Russia reports volume of loans given by Ural Innovational Commercial Bank to for-profit self-regulatory organizations for up to 30 days plummeted by 100% (from 6.8 million RUR to zero) in January-April 2008.

Ural Airlines is to start operating its new Yekaterinburg-Khabarovsk-Yekaterinburg flight on May 15, 2008. Prior to the introduction of this flight, passengers had to use connecting flights with stops in Moscow or Irkutsk, which took much longer. Now it will only take a passenger six hours to get from Yekaterinburg to Khabarovsk. The airline’s experts have scheduled really convenient departure and arrival time so as to make sure a passenger has a whole day in front of them upon landing in Khabarovsk, the company’s press officer reports. Moreover, the flight timetable is coordinated with the

Chelyabinsk Tube Rolling Plant (RTS: CHEP) and Pervouralsk New Pipe Plant (RTS: PNTZ) (ChTPZ Group’s largest tube and pipe manufacturers) supplied their consumers with 566,100 tons of tubular goods in the first four months of 2008, which falls short of the figures for a year earlier (that is, 633,400 tons) by 11%. ChTPZ Group sold 301,800 tons of tubes and pipes in the four months of the year, which falls short of the figures for a year earlier (that is, 352,700 tons) by 14%. These figures include a 24% drop in the amount of large-diameter pipes: this came to 153,100 tons compared with

According to the Central Bank of Russia, volume of loans given by Tyumenenergobank to natural persons for 31 to 90 days dropped by 70% (from 5 million RUR to 1.5 million RUR) in January-April 2008.

The municipal contracts committee of Ural, Khanty-Mansiyskiy Autonomous Region, chose SKB-Bank as the winner of a tender aimed at finding the bank that could deal in opening and administration of private individuals’ accounts and management of bank card transactions involving transferring money meant for supporting orphaned children or children deprived of parental custody. ‘This decision signifies the city council’s trust and means the bank’s services can really boast some very good quality. As for SKB-Bank, we can prove that we are a socially responsible business,’ SKB-Bank’s Urai branch

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ demand deposits in VUZ Bank valid for 91 to 180 days went down by 65.83% (from 1.2 million RUR to 410,000 RUR) in January-April 2008.

Magnitogorsk Iron & Steel Works (MMK) started making cold-rolled hot-dip-galvanised products in accordance with the EN 10292:2007 standard that defines the delivery specifications and quality of strips and sheets made of high yield limit steel with coating made in the process of continuous hotmelt dipping, MMK’s press officer reports. The enterprise aspires to improve its competitiveness through adhering to the world’s most advanced product quality management trends. MMK relies on the newest machinery and promising steels-based goods and is trying to most efficiently meet the increasing

Central Bank of Russia reports volume of loans given by SberInvestBank to for-profit self-regulatory organizations for 91 to 180 days plummeted by 100% (from 55 million RUR to zero) in January-April 2008.

‘Alfa Capital’s customers first started to complain about a month ago when they found it difficult to get the investments they’d made into the cooperative back,’ says Accord Invest’s Deputy GD Konstantin Selyanin. The anonymous dissatisfied customers report they had invested some money in this consumer cooperative but were never able to get their money back when the time came. The investors say their money could have been refused to them due to financial troubles that, in their, turn, had been caused by the recent arrest and temporary freeze of the company’s accounts. In the meantime, the

Central Bank of Russia reports volume of loans given by Perviy Respublikanskiy Bank to for-profit self-regulatory organizations for over 3 years dropped by 96.81% (from 170 million RUR to 5.415 million RUR) in January-April 2008.

Following the inspections carried out by Sverdlovsk Region Ministry of Natural Resources in April 2008, twenty-three unauthorized dumps were detected in seven out of Yekaterinburg’s eight districts, the spokesperson for the Ministry reports. These illegal dumping grounds cover a total area of 5,000 square meters in Ordzhonikidzevskiy district alone. Apart from these inspections, the Ministry is currently checking forty-seven local builders and has already administered 40,000 RUR worth of fines for dirt and construction waste. In addition, to mark the Year of Cleanliness, the housing