Central Bank of Russia reports volume of loans given by Sverdlovsk Gubernskiy Bank to state-owned profit-making organizations for 1 to 3 years went down by 29.1% (from 4.999 million RUR to 3.541 million RUR) in January-July 2007.

Governor of Chelyabinsk Region Petr Sumin held a cabinet meeting on August 6, 2007. The Governor discussed the results of the previous week’s activity with his deputies and offered an action plan for the upcoming days. Among the previous week’s highlights were the successful negotiations with the management of Rosspirtprom Federal State Unitary Enterprise regarding retention of distilleries in Petropavlovsk and Tyubuk. Governor Petr Sumin and Rosspirtprom’s General Director Igor Chuyan decided they needed an ad hoc committee that would draw up a plan on launching alcohol production at all of

Sberbank’s two new brokerage and depositary operations centers welcomed their first visitors in Ufa on August 1, 2007. All of the bank’s customers willing to make money through stock exchange trading can now get serviced at the new offices 8598/0195 and 8598/0197 located at 10 Pervomayskaya St. and 79 Pushkin St. respectively, as well as at Sberbank of Russia’s Bashkirskiy branch one. 'Introducing more bank offices is the first step on the way to turning these smaller offices into full-fledged financial centers that would offer their customers the whole range of services an investor

The value of net assets of Energy – Mixed Investments, the unit investment trust managed by Eurogreen Management Company Ltd. keeps going down. According to Eurogreen’s website, the company’s net assets decreased from 5,209,096.02 RUR on July 31, 2007 to 4,990,236.27 RUR on August 1, 2007, or by 1.99%.

'We’ve been on the cellular communication market for five years now, and we’ve managed to persuade over three million people to use our services so far. MegaFon Ural is currently operating in 355 cities and towns based in ten different regions of Russia - and they are all united by a single home-area network. This means MegaFon Ural could provide reliable communication services to all the 15.5 million people living within this area. At the moment, every one in five people living in the Urals prefers to use MegaFon Ural,’ MegaFon Ural’s General Director Denis Malyshev announced at a press

Ural Airlines can boast of an improved website that now offers information on any of the carrier’s flights performed from or to a particular city (that is, from or to about thirty Russian ones and sixteen cities located abroad and in the CIS). If a customer happens to be exploring the airline’s website and picks a city, he or she will be shown a list of destinations and directions available from there as well as a list of airports the planes leave and arrive in, a complete timetable with all the departure and arrival time lists available; in addition, information on the duration and the

According to the Central Bank of Russia, volume of natural persons’ investments and deposits in Uralprivatbank valid for 181 days to 1 year went down by 33.8% (from 143.522 million RUR to 94.974 million RUR) in January-July 2007.

According to the Central Bank of Russia, volume of loans given by SberInvestBank to natural persons for 181 days to 1 year went down by 36.9% (from 6.331 million RUR to 3.992 million RUR) in January-July 2007.

'Sverdlovsk Region division of Federal Antimonopoly Service is now once again looking into the recent increase in fuel prices introduced by Koltsovo airport of Yekaterinburg. The Service is trying to determine whether this increase was actually justified. The airport management claims this was brought about by growing wholesale purchasing prices, and we’ve already sent out a few inquiries to see if this really was the case,’ Head of Sverdlovsk Region division of Federal Antimonopoly Service Marina Pushkareva said to UrBC. Koltsovo airport is now selling its fuel at 18,460 RUR per ton

The growth of Raiffeisenbank Austria’s loan volumes dropped by 3.5% in the first half of 2007 compared to the previous period. The bank is reported to have provided its customers with 26.481 billion RUR in January-June 2007, Interfax-CEA reports.

According to the Central Bank of Russia, volume of nongovernmental financial institutions’ deposits in Yekaterinburg Municipal Bank valid for 31 to 90 days went down by 100% (from 1 million RUR to zero) in January-July 2007.

Central Bank of Russia reports volume of loans given by AGROPROMBANK Credit to natural persons for 181 days to 1 year went down by 27.4% (from 65.762 RUR to 47.719 RUR) in January-July 2007.

Central Bank of Russia reports volume of nongovernmental financial institutions’ deposits in Yekaterinburg Municipal Bank valid for 31 to 90 days went down by 100% (from 1 million RUR to zero) in January-July 2007.

Experts of Novokuznetsk-based paramilitary mine-rescue team have successfully completed testing one of the new fans employed as part of the venting and air heating system installed at Abakanskiy subsidiary of Evrazruda (Russian ore maker and part of Evraz Group). For two days, the experts had been doing a special depression survey that would allow them to indicate the direction and speed of the air streams within the mine. It’s going to take them one and a half months to process these data and come up with a list of recommendations for Abakanskiy management. The new venting and air heating

According to the Central Bank of Russia, volume of profit-making self-regulatory organizations’ deposits in Uralprivatbank valid for 31 to 90 days went down by 36.8% (from 96.431 million RUR to 60.95 million RUR) in January-July 2007.

Bank24.ru made its mortgage loans even more affordable for its customers. The bank reduced the annual interest rate on mortgages down to 10.75% (if you borrow rubles for up to ten years and your first installment comes to over 50% of the price of the dwelling you’re buying), to 11.25% (if you borrow rubles for twenty to thirty years and your first installment comes to over 50%). What is more, the demands a potential mortgager has to meet have grown less strict, with the upper age limit extended from 60 to 75 years old. Then, your last employment may last for only three months and you only

‘We are having particularly many problems with unpaid gas bills this year. The main problem is that the municipalities just can’t use the so-called lax credits since the regional budget hasn’t got the money for this,’ Uralsevergas’s press officer Oleg Vlasov said to UrBC. ‘Our customers used to owe us not more than 1 billion RUR last summer (700 to 800 million RUR at the most), but now their debts come to 1.1 billion RUR. If a company has a large debt and is not trying to pay it back, we have to stop supplying them with natural gas, partially or completely. Among such companies are the

The volume of loans given by SKB-Bank to legal entities and small- and medium-scale businesses amounted to 10 billion RUR on August 1, 2007, which is 39%, or 3.9 billion RUR better than at the beginning of the year. As regards the first half of 2007, the bank did quite well in all the other respects as well. Its loan portfolio grew by over 5.6 billion RUR and reached 15.886 billion RUR on July 1, 2007. Besides, the portfolio is reported to be well-balanced and have very low risks, the bank’s press officer reports.

Central Bank of Russia reports volume of loans given by GRAN Commercial Bank to natural persons for 91 to 180 days went down by 76.6% (from 5.415 million RUR to 1.266 million RUR) in January-July 2007.

'It’s good that the region’s prosecution bodies have promptly reacted to the problems related to local practice of giving land allotments to developers. Yet their actions have seriously slowed down the process of getting all the papers filed and approved of,’ the spokesperson for Yekaterinburg municipal council Konstantin Pudov reports. In the meantime, the regional authorities claim that their withdrawal of documents regarding the land distribution never hindered the implementation of the national project known as Affordable Housing to Russian Citizens, and papers on most of the cases