Governor of Chelyabinsk Region Petr Sumin chaired the regional anti-drug committee meeting. This was attended by the members of the State Boundary Commission (headed by the head of the Federal Drug Control Service Vladimir Kalanda). Kalanda said the main aim of their coming to the region was to look into the regional anti-drug committees’ performance as well as to propose a set of specific measures to make their job more efficient. The spokesperson for the Governor reports the region is home to a major drug trafficking artery starting in Afghanistan and gets some inflow of drugs from Troitsk,

Uralkhimmash BOD suggested that the stockholders should pass the common registered stock and preferred type A stock dividend for 2008 in the course of an AGM. The meeting itself took place on April 30, 2009.

The net loss of Pipe Metallurgical Company (TMK) rose by 2,431,390,000 RUR, or 32.7% in the first quarter of 2009, the company’s press officer reports. The company’s net loss amounted to 9.877 billion RUR (in accordance with the Russian Accounting Standards) in January-March 2009 compared with 7.445 billion RUR in October-December 2008. A year earlier, however, TMK’s net loss came to 2.841 million RUR. The company’s press service explains their loss figures in the first quarter of 2009 have to do with the re-assessment of their foreign currency liabilities.

MRSK Urala finished off the first quarter of 2009 with 389.948 million RUR worth of losses, which caused the company’s net profit to go down by 1,251,300 RUR, or 145.3% (from 861.352 million RUR in the last quarter of 2008). The interregional network company reports the poor financial performance has been brought about by the need to create the 586-million-ruble bad debt reserve to make up for the overdue bad debts unsecured by any collateral or guarantee.

Bank Severnaya Kazna’s former top managers are apparently accusing the bank’s former BOD Chairman Vladimir Frolov of destroying the business. At least, that is what Leonid Bratsev, Valery Malkov, Sergey Kuroptev, and Evgeniy Parfenov said to a Delovoy Kvartal interviewer. The managers claimed the bank never needed any financial recovery at all and was quite capable of coping with the difficult circumstances on its own. The only reason Bank Severnaya Kazna was sold to Alfa-Bank was the decision taken by the BOD Chairman and majority stockholder Vladimir Frolov, they feel. The former bank

Governor of Chelyabinsk Region Petr Sumin signed a provision regarding the prevention of АН1N1 flu outbreak in the region. The list of measures is to be drawn up by his deputies Andrei Kosilov and Evgeniy Redin, who will lead an ad hoc team consisting of Health Minister Viktor Shepelev, Minister for Agriculture Ivan Feklin, Minister for Radiation and Environmental Safety Gennady Podtesov, head of Rospotrebnadzor’s Chelyabinsk Region division Anatoly Semenov, head of Rosselkhoznadzor’s Chelyabinsk Region division Sergey Naumov, and heads of some other ministries and departments. This team is

Vladimir Baltin has been appointed the Director of URSA Bank’s Chelyabinsk branch after being approved of by the Central Bank of Russia’s local division, the bank’s press officer reports. ‘Vladimir Baltin was born on November 18, 1970 in Izhevsk, the Republic of Udmurtia. He graduated from Izhevsk Mechanical Institute with a major in instrument making in 1993. In 1998, he got his degree in Finances and Lending at Izhevsk State Technical University. Between 1993 and 2007, Baltin was employed in various capacities ranging from an economist to a deputy branch CEO at Udmurtinveststroybank,

The international rating agency has recently demoted LSR Group’s long-term Issuer Default Rating (the foreign currency one) and their priority, unsecured rating from B to B-. What is more, the Group’s long-term Issuer Default Rating has been placed on the Rating Watch as Negative. ‘The drop is reflexive of Fitch’s feeling that the company is faced with an increased risk of not getting the financing needed in due time. Meanwhile, the Group needs this money to pay off its short-term debts,’ Fitch Ratings reports. The agency also took into account the fact that LSR Group’s liquidity figures went

The City of Revda’s own budget was implemented by 72 million RUR (in terms of revenues) in the first quarter of 2009, which comes to 87% of the figures for a year earlier, Mayor Andrei Semenov announced at a governmental meeting targeted at supporting Sverdlovsk Region’s enterprises. The information to this extent has been supplied by the spokesperson for the Governor of Sverdlovsk Region. According to Nizhneserginskiy metal goods plant’s acting General Director Fanis Khusainov, the plant’s losses amounted to more than 1.9 billion RUR in the first quarter of the year.

Novolipetsk Iron & Steel Works (NLMK) and Zaporozhstal’s countermanding their 1.5 billion RUR worth or orders (nearly completed by the company already) turned out to be Uralmash Machine-Building Corporation’s major problem, the enterprise’s acting GD Vadim Dadyka explained at a governmental meeting targeted at supporting Sverdlovsk Region’s enterprises. ‘Our storehouses keep getting packed with half-finished and completed items, and our workers’ wages have gone down by 8,000 RUR to 9,000 RUR on average,’ he added.