Sverdlovsk Region Forestry Committee is going to put up a standing wood auction. Put to an auction are three patches of 3.5 hectares (opening bid 72,000 RUR), 0.07 hectares (opening bid 700 RUR) and 12 hectares (opening bid 104,000 RUR) in Turinsky sector of Lensky forestry, a patch of 2.75 hectares (opening bid 23,000 RUR) and a coniferous area of 5.1 hectares (opening bid 55,000 RUR) in Novomarkinsky forestry, and a deciduous area of 12.5 hectares (opening bid 59,000 RUR) and a patch of 5.8 hectares (opening bid 40,000 RUR) in Shariginsky forestry.

‘Basic research development in Sverdlovsk Region will be backed-up by $ 1 million in 2006,’ Head of Sverdlovsk Region Government Alexei Vorobyov announced at the press conference. ‘At the moment, state orders are being placed by the government within the framework of an open competition; the topicality is being determined by the Russian Academy of Sciences,’ he said. ‘Applied science is also getting some financial support; the amount of money given for this branch development is expected to be satisfactory,’ Mr Vorobyov said.

A foreign developer is about to enter Yekaterinburg’s housing market: an American-based Astor Group is going to introduce two share holding building projects in the spring of 2006. ‘We are currently scheming out two projects, an economy Aston Park dwelling at an intersection of Kishinev St. and Kunarskaya St. and a business class Aston Plaza in Radishchev St.,’ General Director of Aston Builders CJSC (part of Aston Group) Konstantin Drozdov said to the agency’s representative. According to Mr Drozdov, Aston Park and Aston Plaza’s maximum height will come up to 16 and 25 storeys, respectively.

The Court of Arbitration of Tartar Republic dismissed the claim laid by Nefis Cosmetics plc to Kalina concern plc regarding libel. According to a Kalina’s spokesperson, the plaintiff had expected the court to classify concern’s published statements as to the plaintiff’s continual violation of trademark legislation as erroneous and disgracing, and to place a letter of apologies as well as the script of the court’s. Meanwhile, the Court of Arbitration of Sverdlovk Region proceeded with the suit of Kalina concern plc against Nefis Cosmetics plc stating that the defendant be fined for illegal use

The banking sector of Sverdlovsk Region experienced an increase of 33.2% in investments in 2005. Over a half of all the investments was accumulated by the region’s independent banks. Private savings made up nearly a half (52.8%) of all the money, whereas about one-quarter (24.8%) came from legal entities and various proprietors, with issued securities, bank-to-bank loans and deposits, and budgetary and non-budgetary funds making up 9.9%, 5.7%, and 3.6%, respectively, of the total sum. Private savings appear to keep their position as the most significant source of investments: the increase in

Deputy General Director of Irbit chemico-pharmaceuticals plc’s Evgeniy Tsimbal is kept in detention at the moment, the Public Prosecutor for Irbit inter-regional Department Vladimir Khoroshikh said to the agency’s representative. He reports that the criminal lawsuit against E. Tsimbal, who is charged with having sold 500 grams of narcotic substances, is currently under investigation by the General Department of Russian Federal Drug Trafficking Bureau for Sverdlovsk Region. ‘The investigation could take up to two months, and Mr Tsimbal is to be kept in detention for all that time,’ Mr

An extraordinary general meeting of energy suppliers TGK–9 plc shareholders was adjourned with a decision to restructure the company by doing a merger with energy supplier Sverdlovskaya generiruyushaya kompania plc and energy supplier Permskaya generiruyushaya kompania plc, which is going to make TGK–9 the second largest regional energy supplier that makes all core decisons vital to the prospective company structure with the help of minority shareholders, yielding only to TGK–5.

‘We are expecting the regional budget profits to reach 64 billion RUR by the end of 2005,’ Ms Kovaleva said at the recent press-conference. ‘The original sum has gone up by 8 billion RUR, while the delays in paying off the wages have been diminishing steadily: the debt is plummeting to 8 million RUR from last year’s one billion. There are fewer people with incomes below living wage: 14% compared to last year’s 16.9%. The average salary in December has been estimated at 10,000 RUR,’ the Minister for Economics and Labour in Sverdlovsk Region Galina Kovaleva announced.

The Court of Arbitration of Tartar Republic dismissed the claim laid by Nefis Cosmetics plc to Kalina concern plc regarding libel. According to a Kalina’s spokesperson, the plaintiff had expected the court to classify concern’s published statements as to the plaintiff’s continual violation of trademark legislation as erroneous and disgracing, and to place a letter of apologies as well as the script of the court’s decision in Kommersant newspaper. Meanwhile, the Court of Arbitration of Sverdlovk Region proceeded with the suit of Kalina concern plc against Nefis Cosmetics plc stating that the

Investments in Sverdlovsk Region general capital have come up to 63.6 billion RUR over the months of January to November this year, which makes up 102.2% of last year’s figures, local statistics agency Sverdlovskstat reports. The total amount of capital spent on building throughout January to November has been estimated at 35.0 billion RUR (112.7% of last year’s counterpart), with 3.8 billion RUR spent in November, whilst the amount of capital involved in agricultural produce has come to 29.3 billion RUR (101.3% of last year’s figures). The turnover of retail trade has reached a point of

The banking sector of Sverdlovsk Region experienced an increase of 33.2% in investments in 2005. Over a half of all the investments was accumulated by the region’s independent banks. Private savings made up nearly a half (52.8%) of all the money, whereas about one-quarter (24.8%) came from legal entities and various proprietors, with issued securities, bank-to-bank loans and deposits, and budgetary and non-budgetary funds making up 9.9%, 5.7%, and 3.6%, respectively, of the total sum. Private savings appear to keep their position as the most significant source of investments: the increase in

Price levels of basic regional economic branches produce throughout October haven’t changed dramatically compared to September levels, as was indicated through an economic survey for Sverdlovsk Region carried out by the staff of the General Department of the Bank of Russia in Sverdlovsk Region. Among the respondents were eighty-four enterprises working in various economic branches. The proportion of businesses that had the prices go up is one percent smaller compared to the previous month (16% in October vs. 17% in September), the leader among those enterprises being non-ferrous metallurgy.

Deputy General Director of Irbit chemico-pharmaceuticals plc’s Evgeniy Tsimbal is kept in detention at the moment, the Public Prosecutor for Irbit inter-regional Department Vladimir Khoroshikh said to the agency’s representative. He reports that the criminal lawsuit against E. Tsimbal, who is charged with having sold 500 grams of narcotic substances, is currently under investigation by the General Department of Russian Federal Drug Trafficking Bureau for Sverdlovsk Region. ‘The investigation could take up to two months, and Mr Tsimbal is to be kept in detention for all that time,’ Mr

As the deputy Head of the Sverdlovsk Region Government and Minister for Economics and Labour in Sverdlovsk Region Galina Kovaleva reports, ‘The period of 2004-2005 has laid a profound foundation for the region’s economic development despite minor setbacks in power engineering, food industry and agriculture due to specific climate conditions. The expected investments increase is 86 billion RUR, which is 24.6% compared to last year’s data. Trade turnover has gone up to 230 billion RUR due to the introduction of a fairly large number of retail and wholesale chain stores and outlets (25% compared

An extraordinary general meeting of energy suppliers TGK–9 plc shareholders was adjourned with a decision to restructure the company by doing a merger with energy supplier Sverdlovskaya generiruyushaya kompania plc and energy supplier Permskaya generiruyushaya kompania plc, which is going to make TGK–9 the second largest regional energy supplier that makes all core decisons vital to the prospective company structure with the help of minority shareholders, yielding only to TGK–5.

‘Nominal population profits have increased by 23% this year compared to 2004, whereas the factual profits have also gone up by 12%,’ Governor of Sverdlovsk Region Eduard Rossel announced at the press conference. ‘Debts concerned with paying off the wages and salaries have decreased from 250 million RUR in the second quarter of 2005 to 130 million RUR in December 2005,’ Mr Rossel says.

‘We are expecting the regional budget profits to reach 64 billion RUR by the end of 2005,’ Ms Kovaleva said at the recent press-conference. ‘The original sum has gone up by 8 billion RUR, while the delays in paying off the wages have been diminishing steadily: the debt is plummeting to 8 million RUR from last year’s one billion. There are fewer people with incomes below living wage: 14% compared to last year’s 16.9%. The average salary in December has been estimated at 10,000 RUR,’ the Minister for Economics and Labour in Sverdlovsk Region Galina Kovaleva announced.

Starting 2006, there are going to be 13.6% more dwellings introduced for living than in 2005, claims the Ministry for Building and Housing and Communal Services in Sverdlovsk Region. This growth is thought to be possible within the framework of a regional project aimed at an increase in the construction of reasonably priced dwellings in Sverdlovsk Region in 2006-2010. The increase is predicted to come up to 20% in 2007 and to 12% to 13% in 2008-2010. The annual output is planned at about 2.1 million square meters of living space, with the total amount of 8,600 million square meters of

Investments in Sverdlovsk Region general capital have come up to 63.6 billion RUR over the months of January to November this year, which makes up 102.2% of last year’s figures, local statistics agency Sverdlovskstat reports. The total amount of capital spent on building throughout January to November has been estimated at 35.0 billion RUR (112.7% of last year’s counterpart), with 3.8 billion RUR spent in November, whilst the amount of capital involved in agricultural produce has come to 29.3 billion RUR (101.3% of last year’s figures). The turnover of retail trade has reached a point of

Price levels of basic regional economic branches produce throughout October haven’t changed dramatically compared to September levels, as was indicated through an economic survey for Sverdlovsk Region carried out by the staff of the General Department of the Bank of Russia in Sverdlovsk Region. Among the respondents were eighty-four enterprises working in various economic branches. The proportion of businesses that had the prices go up is one percent smaller compared to the previous month (16% in October vs. 17% in September), the leader among those enterprises being non-ferrous metallurgy.