According to the Central Bank of Russia, the natural persons given the loans by UralTransBank are now in 100, 246,000 RUR worth of arrears on their payments. The debt has jumped up to this figure from 68,622,000 RUR throughout January to July 2006.

Ural Airlines are hoping to introduce new flights to a number of destinations in South-East Asia. The carrier is going to acquire a few mid-range Airbus -320 planes in the nearest future, which will allow the company to perform regular flights to Deli, Bangkok, and Beijing. These flights will be offered by the carrier in cooperation with the interline partners for the time being. The flights bound for these cities are attractive for both tourists and entrepreneurs; the federal aviation authorities are currently getting ready to negotiate on air communication development with India, Thailand,

According to the Central Bank of Russia, the volume of natural person accounts set up by UgleMetBank for a term of 181 days to 1 year has gone down by 27.7% (from 464,259,000 RUR on July 1, 2005 to 335,552,000 RUR on July 1, 2006) in the first half of 2006. The only positive fluctuation (1.5% up) was recorded at the beginning of the year, when the volume of accounts came to 330, 453,000 RUR on January 1, 2006.

Starting September 1, 2006, ChelyabEnergoSbyt, the regional electricity suppler, will supply less electricity to Chelyabmeliovodhoz, the federal enterprise, due to debt. As the spokesperson for ChelyabEnergoSbyt said to UrBC representative, they had to stop the supply to the debtor’s pump houses and wells located in their Oktyabrskiy subsidiary altogether in June and July. Prior to this, the company was deprived of electricity on a daily 8 AM to 5 PM basis. Right now it owes the supplier 188, 700 RUR (considering both the budgetary and the non-budgetary contracts). The issue of debt became

A 28-year old steeplejack suffering from third-degree burns that covered 90% of his body was brought to the intensive care unit of the corporate clinic on Saturday afternoon. This person was an employee of PromVysota, a company dealing in steeplejack operations, and hired by Metallurgical Industrial Complex of Magnitogorsk for reconstructing the arc-furnace plant. A cooling gas flue was assembled at 35 meters above the arc-furnace there, and the steeplejacks had to paint the gas pipes on the inside using heat-resistant paint. The diameter of the pips is 2.8 meters, and the workers went inside

Starting September 1, 2006, Ural Bank for Reconstruction and Development expands range of guarantees offered to legal entities and sole traders. It now offers them the benefits of the bank’s new guarantee-concerned services such as individual treatment of each client willing to use a bank’s guarantee, considering the application promptly (in less than five work days), giving a guarantee without a security deposit and flexible pricing policies, reports the bank’s spokesperson.

Sverdlovsk Region Court of Arbitration has recently declared a number of debtors insolvent, these debtors being Concord Production Ltd. of Krasnoufimsk, Ellina, a sole proprietorship of Natalyinsk, Yu. L. Goryacheva, a sole proprietorship from Sarana, Ozernyi, a partnership of Smolenskoye, Agrospetsmontazh CJSC, the equipment-leasing firm of Talitsa, Plamya, a partnership of Belyanovskoye, TugulymskAgroPromChimiya CJSC of Talitsa, and some Yekaterinburg businesses: Design Service Ltd., Ladi Ltd., Ural VMTS Ltd., Doira Ltd., Bunar Complect Ltd., Mellon CJSC, Incomshield Ltd., Sergey A.

‘The General Director of TGK-9 has not been appointed yet, says the spokesperson for Sverdlovsk Region subsidiary of this power generating company. The need for a new GD emerged due to current GD Valeriy Rodin becoming Director of TGK-1. ‘The Board meeting which will take place in September will be devoted to consulting the management of the company’s subsidiaries. We’ll naturally take into account the opinion of our shareholders as well. Only then will we be able to appoint the new head of Sverdlovsk Region subsidiary of TGK-9,’ the spokesperson said.

According to the data provided by the insurance inspectorate in Ural Federal District, the insurers of Tyumen Region dealing in obligatory car insurance collected a total of 929,499 RUR throughout January to June 2006, of which 193,645 RUR came from the subsidiaries and 735,854 RUR came from the companies proper. They also paid the drivers 587,698 RUR altogether (following the insured accident), of which 478,377 RUR had to be paid by the regional insurers and 109,321 RUR had to be paid by the subsidiaries.

RTS stock exchange started dealing in shares and securities of SibAcademBank JSC; these securities are classed as ‘delisted outstanding securities’ and include Type III preference shares, reports the spokesperson for RTS.

Ore Mining and Processing Enterprise of Kachkanar JSC (part of Evraz Group) started assembling a new separator with high magnetic-field strength at its dry magnetic separation department. The equipment of this kind has never been used by the company before. The strength of this new facility is almost twice as big as that of the currently used ones. By the experts’ estimates, in case the separation facilities are fully replaced the enterprise can raise its ore output by .5%, which is quite an achievement for the business. This high magnetic-field strength separator was made by Voronezh-based

‘The region has enjoyed stable socio-economic conditions and a 5% production growth (compared to a year earlier) throughout January to June 2006. The amount of investments has also increased by 1.5 times and came to $5bn,’ Governor Eduard Rossel announced at the press conference. ‘The agricultural produce turnover went up by 15%, which was largely due to regular subsidies; the branch has received 200 combines whose capacity is six times greater than that of the old ones. This allowed the farmers to harvest nearly 2,000 tons of feeding stuffs within 12 hours,’ Mr Rossel said.

The Labour and Industrial Safety Department of Metallurgical Industrial Complex of Nizhniy Tagil JSC (part of Evraz Group) consists of over 60 workers who have to constantly keep track of providing for the safe working conditions for the company’s employees. The Complex sees the life and health of its workers as its top priority; the latest examinations specifically dwelled on the metallurgists following drinking routines in the corporate production shops and on accident prevention. Summer is considered to be the most challenging period for metallurgical enterprises as the temperature in the

Tashtagolskiy subsidiary of Evrazruda JSC (ore maker and part of Evraz Group) has been testing its new magnetic separation systems. The experts from the company’s Central Technological Laboratory and the subsidiary itself are selecting samples of original ore, ore concentrate and final tailings that are then tested and thus make it possible to decide on the best way of ore processing. Fitting the separators with the new magnetic systems is being done within the framework of the corporate modernization program. Four of the subsidiary’s ten separators have already had these systems installed,

Following the decision of Board of Directors of RAO UES of Russia made on June 23, 2006, the company’s executives compiled the list of additional share issue projects targeted at attracting more money into heat generation development. Thus, financing obtained through issuing shares of TGK-9, the heat and power generating company, will be used to renovate the power generating facilities in Sverdlovsk and Perm Regions. The share of RAO UES of Russia in the authorized capital of TGK-9 (given the recent merger with Regional Generating Company of Komi JSC) should come to at least 25% plus 1 share

First Deputy Head of Sverdlovsk Region Government Vladimir Molchanov held a meeting devoted to preparations for the 1st UralMetalExpo 2006 industrial fair/exhibition that will be opened on the premises of the state exhibition center in Nizhniy Tagil on September 7, 2006. The event is sponsored by Sverdlovsk Region Government, Regional Association of Metallurgists, Council of Nizhniy Tagil, and Uralvagonzavod, one of the region’s largest plants. According to the Director of the exhibition center Valeriy Rudenko, over 15o enterprises from 13 Russian regions, France, Germany, and the Ukraine

Minister for International and Foreign Economic Relations of Sverdlovsk Region Viktor Koksharov received a fax message from the Ambassador of the Republic of Slovenia to Russia Andrei Benedeitich informing the Minister about the decision of Slovenian Chamber of Commerce and Industry to set up a representation in Yekaterinburg. In this message, Mr Benedeitich also let Mr Koksharov know that they had already appointed current First Secretary of Slovenian Embassy in Moscow Mr Esad Asti Director of the Chamber, reports the spokesperson for the Governor of Sverdlovsk Region.

According to the Central Bank of Russia, the amount of overdue payments of sole traders to UralTransBank has gone up from 7,554,000 RUR to 11,753,000 RUR throughout January to July 2006.

According to the spokesperson for First Power Generating Company JSC, the enterprise has invested 918.5 million RUR in modernization campaign over the seven months of 2006. The upgrading included the overhaul of No. 2 steam turbine, current repairs of No. 1 steam turbine, of No. 1 steam boiler, and of No. 2 steam boiler at Urengoyskaya state district power plant. The company has also sponsored the maintenance works of No. 2 and No. 3 power generating units at Permskaya power plant and of No. 1 power generating unit at Nizhnevartovskaya power plant. As for Iriklinskaya power plant, No. 2 and

Irbinskiy subsidiary of Evrazruda JSC (part of Evraz Group) received a new 55-ton truck as part of the technical modernization of the mine. This new vehicle will replace the obsolete 42-ton truck in transporting the muck, thus making it possible for the enterprise to achieve its annual production targets. The subsidiary now owns twenty-four trucks altogether, sixteen of them being 55-ton ones and eight being 42-ton ones. As the fleet of 42-ton trucks is rather worn out, the company is thinking of gradually putting them out of use and replacing them with the new 55-ton trucks. The fleet is