Three trade unions of Severouralsk Bauxite Mine (aka SUBR) – Russia’s Ore and Mining Trade Union, the regional division of Independent Trade Union of Ural Miners, and Severouralsk division of Trade Union of Ural Miners – objected to the illegitimate actions of some members of SUBR United Independent Trade Union of Russian Miners and asked the company’s management to deal with the problem, the spokesperson for United Company RUSAL said to UrBC. The three trade unions’ position was backed up by Sverdlovsk Region administration; the latter filed a complaint with the regional prosecution

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in UniCreditBank valid for 181 days to 1 year went down by 17.71% (from 164.564 million RUR to 135.416 million RUR) in January 2008.

‘We decided not to raise our prices so as not to hurt the consumers. We keep the prices the same to make sure anyone can afford to buy a perfect quality product. Our assets as well as our flexible pricing policy allow us to reach a compromise with every single customer,’ says Roman Marchenko, the General Director of Khortytsa’s Russian representation. In the meantime, the government imposed some prohibitive export tax on wheat that came to 40% of the price of a ton of wheat. However, this measure did not succeed in preventing the price increases on the home market. At the same time, the news

Sberbank of Russia’s Ural branch is currently investing in the construction of a new head office. The seventeen-storey building is to be located in the heart of the city, at the intersection of Kuibyshev St, Rosa Luxemburg St, and Gogol St. The whole project requires over 2 billion RUR worth of investments, and the bank is able to finance it independently. At the moment, the sixth storey is about to be completed. The developers are employing today’s most advanced building technologies in the construction process. The site has some complicated hydrogeological conditions, so the builders had to

According to the National Managers’ League’s profitability ranking of unit investment trusts as of March 25, 2008, the share price of Alfa Capital Index MICEX (Alfa Capital Management Company) has gone down by 14.52% since the beginning of 2008.

‘We are not likely to see any dramatic market changes after Tata acquires Jaguar and Land Rover. The only thing that could change is these brands’ image, as this Indian holding specializes in inexpensive cars. This means customers might stop considering Jaguar and Land Rover to be exceptional quality automobiles,’ Lucky Motors’ Sales Manager Stepan Pidzhakoiv said to UrBC. A little while ago, Ford sold its Jaguar and Land Rover brands to Tata for $2.3bn. The two dealers who offer these cars to Yekaterinburg’s customers are Autoland and Krasnolesye.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of March 25, 2008, the share price of BCS Consumer Sector Fund (BrokerCreditService Management Company) has gone down by 14.35% since the beginning of 2008.

The net profit of Uralvagonzavod-Finance dropped by 92.98% in October-December 2007 compared with July-September 2007 and reached 67,000 RUR against 955,000 RUR in the previous quarter.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of March 25, 2008, the share price of VTB Index MICEX (VTB-Index MICEX Management Company) has gone down by 14,46% since the beginning of the year.

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in SberInvestBank valid for up to 30 days plummeted by 100% (from 200 million RUR to zero) in January 2008.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of March 25, 2008, the share price of BCS Bank Stock Fund (BrokerCreditService Management Company) has gone down by 17.88% since the beginning of the year.

‘Nakhimov Plaza is still being put up by URAL VEM, while PremierStroy is still the developer’s general contractor. The construction process drags on because the construction site is not big enough,’ Aston Group’s Chairman Vyacheslav Trapesnikov said to UrBC. Mr. Trapesnikov reports Aston Group is going to be the future plaza’s broker. Aston’s official website reports Nakhimov Plaza, an office and trade center at 9 Vainer St, is currently under construction, but does not provide any information as to when the construction process is to be finished. At the moment, the construction process does

Following the Federal Customs Service’s order issued on March 5, 2008, Colonel Alexander Brov was appointed Deputy Head of Ural Customs Administration, the spokesperson for the Administration reports. Alexander Brov has been employed at the customs since September 2001; prior to this, he used to serve in the Russian Federation Ministry of Internal Affairs in the Far East. He was first appointed Head of Far Eastern Customs’ Interrogation Department and was then employed in the capacity of Far Eastern Customs’ Deputy Head between November 2002 and March 2008. The Colonel has a number of

Magnitogorsk Iron & Steel Works (MMK) won in one of the country’s most respectable environmental contests called Russia’s One Hundred Best Enterprises/Environment and Environmental Management. The event was supported by the Soviet of the Federation, the State Duma, the Chamber of Commerce and Industry, and some environmental NGOs and consisted of two stages. First, the regional authorities selected a few local organizations that did particularly well in terms of conservational activity and environmental management In Chelyabinsk Region, MMK and Chelyabinsk Tube Rolling Plant were

‘Like all the other Legislative Assembly deputies, I was insured, and like all the other deputies elected at the same time, I was insured through Surgutneftegas’s Yekaterinburg branch. When I was leaving office I found out that, according to my contract with the insurer, I should be compensated in case I get seriously ill. I have second-degree disability at the moment, so the company is supposed to pay me 70% of the insured sum. I informed the insurer about this, but they have been dragging on for ages,’ former deputy of Sverdlovsk Region Legislative Assembly Vladimir Kadochnikov said to

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in Perviy Respublikanskiy Bank valid for up to 30 days dropped by 100% (from 4 million RUR to zero) in January 2008.

According to the Central Bank of Russia, volume of loans given by Ural Innovational Commercial Bank to for-profit self-regulatory organizations for 31 to 90 days went down by 8.42% (from 38 million RUR to 34.8 million RUR) in January 2008.

The Ural Bank for Reconstruction and Development will stop paying the interest to those bank card holders who like to keep their money in their card account on April 1, 2008. Nevertheless, any bank card holder will be able to make its money work by transferring it from a bank card account onto a deposit right through the ATM. The beauty of the new system lies in its system approach: firstly, the bank offers its customers four types of deposits to choose from, all of which were designed so as to meet the customers’ needs and are based on convenient and advantageous terms. Secondly, a card

Ural Airlines launched special tariffs for its Yekaterinburg-Saint Petersburg-Yekaterinburg flights on March 26, 2008: if you buy a return ticket via the company’s online booking office, regardless of the departure date, the ticket’s full cost (all fees included) will come to 9,800 RUR, the airline’s press officer reports. In addition, if you buy a single ticket ten days before the flight, the price will come to 4,700 RUR (all fees included). So, travelers who’d like to go to Saint Petersburg this April can already use the carrier’s latest offer.

‘We expect the first shipment of Toyota Camry cars assembled in Russia to arrive this April. In terms of quality, these automobiles are just as good as the ones made in Japan, while the 9% decrease in price was brought about by the desire to lure more customers in,’ Natalya Malakhova from Toyota Center Vostok’s Marketing Department said to UrBC. Toyota intends to start selling Toyota Camry cars made in Russia on March 31, 2008. ‘At the moment, our customers have to wait for up to six months before their car arrives – that’s what our contract says. Toyota has not yet commented on whether this