United Company RUSAL (the world’s largest producer of aluminum and alum earth) reports it has signed a memorandum of intent with ANTAM, the state-owned Indonesian company. The paper dwells upon the project to set up a joint venture that would put up a bauxite and alumina facility in Indonesia. According to some preliminary estimates, the facility’s throughput is believed to come to some 3.6 million tons of bauxites and 1.2 million tons of alumina a year, UC RUSAL’s press officer in the Urals Roman Lukichev said to UrBC. The memorandum, signed in Jakarta on September 6, 2007 within the course

According to the Central Bank of Russia, volume of loans given by Ural Interregional Bank to natural persons for 181 days to 1 year went down by 56.65% (from 16.184 million RUR to 7.015 million RUR) in January-August 2007.

Central Bank of Russia reports volume of natural persons’ deposits in Ural Interregional Bank valid for 1 to 3 years went down by 20.9% (from 67.638 million RUR to 53.438 million RUR) in January-August 2007.

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in Uralprivatbank valid for 31 to 90 days went down by 79% (from 96.431 million RUR to 20 million RUR) in January-August 2007.

‘The towns of Verkhnyaya Salda, Krasnouralsk, Talitsa, Degtyarsk, Verkhnyaya Tura and Ivdel are Sverdlovsk Region’s most troublesome municipalities. Degtyarsk, for one, is experiencing great problems with the boiling equipment, and Verkhnyaya Tura is now in dire need of good heating mains. The local authorities are now considering the idea of switching to coal instead of natural gas as a way out,’ Sverdlovsk Region Minister of Construction and Housing Maintenance and Utilities Alexander Karlov announced at a press conference on September 6, 2007. ‘On the other hand, Krasnoturinsk, Serov,

According to the Central Bank of Russia, volume of loans given by Plato Bank to for-profit self-regulatory organizations for 1 to 3 years went down by 28.77% (from 75.896 million RUR to 54.059 million RUR) in January-August 2007.

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by .86% between September 3, 2007 and September 4, 2007. According to Eurogreen’s website, the company’s net assets decreased from 4,913,050.11 RUR on September 3, 2007 to 4,870,727.92 RUR on September 4, 2007.

Central Bank of Russia reports volume of loans given by Yekaterinburg Municipal Bank to for-profit self-regulatory organizations for up to 30 days went down by 100% (from 15.05 million RUR to zero) in January-August 2007.

Sverdlovsk Region public prosecution authorities inspected the area near the village of Magnitka in the vicinity of Pervouralsk; as a result, some light was shed on the grave violations of environmental legislation by Russian Chrome 1915. The company had been dumping waste water with excessive amount of chemical compounds in the River Chusovaya, which led to contamination of the water and the fish with environmentally hazardous substances, the authorities report. Russian Chrome 1915 will have to undergo a criminal trial; the enterprise was charged with violation of environmentally hazardous

According to the Central Bank of Russia, volume of loans given by Ural Innovational Commercial Bank to for-profit self-regulatory organizations for 181 days to 1 year went down by 14.27% (from 194.09 million RUR to 166.384 million RUR) in January-August 2007.

‘We were last updated on the discontinuation of some goods by Mattel Inc., the American toy maker, about a couple of weeks ago. We removed the indicated products from our shelves immediately. I believe we’ll send these toys back to the producer at the end of September,’ Wonderland’s Volume Sales Manager Irina Tumanova said. ‘These negative reports have already led to Rostechnadzor (the state environmental, technological, and nuclear safety watchdog) inspecting all of our retail outlets. However, despite the recent events, our chain intends to keep doing business with Mattel Inc.,’ she added.

Central Bank of Russia reports volume of loans given by UralTransBank to state-owned for-profit organizations for 1 to 3 years went down by 41.2% (from 912,000 RUR to 536,000 RUR) in January-August 2007.

‘Consumers tend to have less confidence in the new and unknown brands that have just broken into the market than in the well-known and reputed ones,’ Terranova’s CEO Vladimir Chebakov said to UrBC. He feels AVS Group will therefore have to endure considerable expenses and charge extra if the holding wants to turn its new chain store into a full-fledged market player. ‘I think a project like this can pay off in the course of six months, but this requires great extra charges and impressive turnover rates,’ Mr. Chebakov added. In the meantime, AVS Group, the financial and industrial holding,

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by 1.9% between August 3, 2007 and September 3, 2007. According to Eurogreen’s website, the company’s net assets decreased from 5,011,581.47 RUR on August 3, 2007 to 4,913,050.11 RUR on September 3, 2007.

According to the federal statistical agencies, Sverdlovsk Region’s industrial production index came to 108% in the first half of 2007; the figures for the entire country amount to 107.7%. Kaliningrad and Sakhalin Regions appear to have achieved the highest industrial production indices (namely, over 150%). At the same time, thirteen Russian Federation subjects experienced a certain rundown, with the coefficient of variation in this respect coming to 18.3%.

According to the Central Bank of Russia, volume of loans given by Sverdlovsk Gubernskiy Bank to state-owned for-profit organizations for 1 to 3 years went down by 29.16% (from 4.999 million RUR to 3.541 million RUR) in January-August 2007.

According to the Central Bank of Russia, volume of loans given by SberInvestBank to for-profit self-regulatory organizations for up to 30 days went down by 100% (from 30 million RUR to zero) in January-August 2007.

Ural Airlines’ Planning and Economic Department reports the carrier operated some 4,000 flights between June 1, 2007 and August 31, 2007, including 1,000 international flights, nearly 2,500 domestic flights, and 240 flights within the CIS. The company was able to fly 466,000 passengers. 140,000, 160,000, and more than 170,000 dwellers of Yekaterinburg used the airline in June 2007, July 2007, and August 2007, respectively, Ural Airlines’ press officer reports. The number of flights performed each month reached more than 1,200. Over 195,000 people arrived in Yekaterinburg from various health

The fourth Ural exhibition/fair featuring automobiles, railway and some special vehicles as well as road-building equipment (known as Mainline 2007) is to take place at Staratel range in the vicinity of Nizhniy Tagil on September 6, 2007. Some 256 enterprises from twenty-two Russian regions, the CIS, France, and Italy are expected to take part in the exhibition. The agenda of the fair includes making presentations on all the major types of Russian railway, motor, and air transport.

Central Bank of Russia reports volume of loans given by Tagilbank to for-profit self-regulatory organizations for 31 to 90 days went down by 45.6% (from 26.25 million RUR to 14.28 million RUR) in January-August 2007.