There exist no insurmountable organizational obstacles whatsoever that could prevent Ural State Technical University (USTU) and Ural State University (USU) from merging into Ural Federal University. This fact has been distinctly stated by the two colleges’ ad hoc committees whose heads met on USU’s premises recently, the spokesperson for Ural State University reports. ‘To start with, we decided to single out all the problems in all the fields of our activity. The first discussions have made it clear that some disagreements the two committees might have are related to tactics only. However,

The international rating agency raised OAO MDM Bank’s long-term Issuer Default Rating from BB- to BB. The long-term national rating was upped from A(rus) to A+(rus). Besides, Fitch took the bank off its Positive Rating Watch list and gave its long-term IDR Stable rating outlook. All these changes have meant that MDM Bank proved to be capable of coping with a serious stress of the recession without losing on asset quality or relying too heavily on its capital support. Also, the bank is evidently able to absorb its losses at the moment. ‘MDM Bank’s impressive market capitalization was the proof

Sverdlovsk Region’s division of the Federal Antimonopoly Service stated that Sverdlovteplosbyt, the subsidiary of TGK-9, the regional heat and power supplier, was guilty of violating Article 10 (part 1, paragraph 5) of the Competition Protection Act, the spokesperson for the Service’s regional division reports. ‘TGK-9 actually avoided signing a power supply contract with Deka, the construction company, as it only agreed to hook the company up through another network (YekaterinburgEnergo Municipal Unitary Enterprise) and insisted on charging Deka for this kind of intermediary hookup,’ the

Sverdlovsk Region Arbitration Court rejected OAO AKB Rosbank’s demand that the ruling of Rospotrebnadzor’s Sverdlovsk Region division be declared invalid. Now the regional division of the state consumer rights watchdog stated that Rosbank had to stop violating its customers’ rights when drawing out loan agreements. The order to this extent was issued after the bank had undergone a document check; this inspection, in its turn, was carried out by Rospotrebnadzor’s experts upon a customer’s complaint. The agreement which this customer signed with the bank contained a number of terms that