10 October 200707:17

Nemiroff strong drinks fall behind in sales, Zvezdniy says

'Nemiroff strong drinks have been falling behind most other Ukrainian and Russian vodkas in terms of sales for the last three months,’ Anna Golubeva, manageress of Zvezdniy, a large supermarket in Yekaterinburg, said to UrBC. 'This mainly stems from the fact that there are quite a few kinds of Russian and Ukrainian vodka on the market at the moment, and these vodkas can actually compete with Nemiroff’s produce,’ she added.
10 October 200707:15

Governor of Chelyabinsk Region says 3 billion RUR from region’s budget must be spent

Governor of Chelyabinsk Region Petr Sumin announced in the course of a cabinet meeting that the region had yet to spend 3 billion RUR worth of budget revenues. The Governor asked all the region’s ministers, district heads, committee chairs, and directors of different departments to start working on the ways of spending this money wisely. 'Our main challenges lie in the field of housing maintenance and utilities services, finishing up this year’s harvesting, and wise money-spending,’ he said.
09 October 200713:48

Ural Bank for Reconstruction and Development becomes one of Russia’s leading trading floor operators

The Ural Bank for Reconstruction and Development got on Russia’s leading trading floor operators list. According to MICEX, the bank was rated 46th in Russia’s Top 50 stock market operators rating and 26th in Russia’s Top 50 bond market operators list in September 2007. The company’s trade turnovers amounted to 3.2 billion RUR and 7.7 billion RUR respectively. RTS (FORTS) gave the Ural Bank for Reconstruction and Development, with its 12.3 billion RUR worth of forward and option transactions, the 20th position among 129 firms in September 2007. In addition, the bank was given the prestigious
09 October 200713:38

Ural Turbine Plant meets ISO 9001 requirements

The spokesperson for RENOVA says the British Standards Institution (BSI) conducted the annual audit of Ural Turbine Plant and admitted that the enterprise’s quality management system met all the international requirements imposed by ISO 9001 standard. Ural Turbine Plant has a well-documented quality management system that provides for effective quality improvement policies and achievement of goals. Strict adherence to the quality management system makes it possible for us to continually improve on the efficiency of resource use as well as on the quality of our produce,’ the plant’s General
09 October 200713:34

Ural Airlines says most people fly to United Arab Emirates, Thailand, and India in winter

United Arab Emirates, Thailand, and India (namely, Goa) will probably be the most popular winter holiday destinations. It is already becoming difficult to book tickets for the winter holiday season due to enormous demand. This winter, travelers are likely to go not only to popular ski resorts in Austria, France, and Germany, but also to Mauritius and Bali, «Ural Airlines» Commercial Director Kirill Skuratov announced at a press conference on October 8, 2007. «Both domestic and international travel has been on the rise lately, with more and more people willing to visit other countries. This is
09 October 200713:32

Western Union awards URSA Bank for network development

URSA Bank was awarded by Western Union in the Network Development category. The ceremony took place in Moscow in the course of the Customer’s World conference. The award, namely, a gold star, is normally given by Western Union to the company’s partners for greatest growth in the number of service outlets. Hikmet Ersek, Executive Vice President for Europe, the Middle East, Africa and South Asia, and Natalia Melnikova, President of Western Union East, report that the number of Western Union outlets available through URSA Bank rose by 36 offices in 2007, and the number of money orders has
08 October 200709:24

Evraz Group gets ready for winter

Sverdlovsk Region-based enterprises belonging to Evraz Group started getting ready for the winter season. Before the end of November, some 7,000 employees of Nizhniy Tagil Iron and Steel Works, Vysokogorskiy Ore Mining and Processing Enterprise, and Kachkanar Ore Mining and Processing Enterprise (aka Vanadium) are to be vaccinated in order to avoid the outbreak of flu. The immunization is free for the employees, since the medications are paid for by their companies. It is actually obligatory for old-age workers and people whose jobs involve interacting with large numbers of people, such as
08 October 200709:22

Severnaya Kazna stops handling dollar payments for one day

The bank’s official website informs customers that since Monday, October 8, 2007 is a public holiday in the United States, Severnaya Kazna is not going to handle any outward dollar payments for one day. All the dollar payments and stock trading operations will be performed on Tuesday, October 9, 2007, though. In the meantime, one can still sell or buy U.S. dollars within the bank as well as make inward payments on October 8, 2007. In addition, it is also possible to make Euro payments and deal in stock trading operations as usual.
08 October 200709:20

ChTPZ-Complex Pipe Systems delivers taps for Vankor-Purpe pipeline

ChTPZ-Complex Pipe Systems delivered the first set of 40 taps with the diameter of 820 millimeters for Vankor-Purpe pipeline in September 2006. The second set of 140 taps will have been delivered by the end of 2007, the company’s press officer reports. All the taps were produced in Chelyabinsk by a division of ChTPZ-Complex Pipe Systems. The technical specifications of the taps are based on the standards developed by Russia’s major oil and gas enterprises.
08 October 200709:18

Ural Bank for Reconstruction and Development Finance Ltd makes 25.22 million RUR worth of bond coupon payments

The Ural Bank for Reconstruction and Development Finance Ltd (a company fully owned by the Ural Bank for Reconstruction and Development of Yekaterinburg) made 25.22 million RUR worth of the fifth coupon payments on its three-year bonds. The payments came to 25.55 RUR per one bond with face value of 1,000 RUR, which means the annual interest rate amounted to 10.25%. The Ural Bank for Reconstruction and Development Finance Ltd went through with 1 billion RUR worth of bonds at MICEX stock exchange on July 6, 2007. The first coupon annual interest rate was then determined at 11%. On June 21,
08 October 200709:14

URSA Bank gets on Russian Companies with Best Sales list

URSA Bank was rated 300th on the Expert magazine’s list of companies with the largest sales figures in 2006. The bank sold 9.858 billion RUR worth of products and services last year, which is 65.3% better than in 2005. The bank’s growth rate therefore reached 188.1%, its net profit rose by 192% compared to a year earlier and came to 1.464 billion RUR, and its assets grew by 289% and amounted to 111.6 billion RUR. Besides, the bank’s equity capital went up by 426% and came to 15.021 billion RUR. Russia’s Top 400 companies with the best sales figures featured by the Expert magazine sold 19.3
08 October 200709:12

Pirated Puma and Adidas sportswear confiscated in Verkhnyaya Salda

Officers of Nizhniy Tagil Customs and the law-enforcement agencies of Verkhnyaya Salda found a large assortment of pirated Puma and Adidas sportswear in one of Verkhnyaya Salda’s shops. The spokesperson for Ural Customs Administration reports the goods had no accompanying documents that could prove the authenticity of the trademarks used, which means the trademark owners’ rights were being abused through illegal sales. 39 items of clothing worth some 35,000 RUR altogether were confiscated; the case is subject to further investigation.