The value of net assets of Energy - Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by 1.74% between February 26, 2008 and February 27, 2008. According to Eurogreen’s website, the company’s net assets decreased from 3,066,332.46 RUR on February 26, 2008 to 3,013,037.22 RUR on February 27, 2008.

Evraz Group is planning to invest ?500m in upgrading their rail production facilities in 2008-2011, the spokesperson for Evraz Group said to UrBC referring to the company’s BOD Chairman and CEO Alexander Frolov. This means that Novokuznetsk Iron & Steel Works and Nizhniy Tagil Iron & Steel Works will be producing 750,000 tons and 950,000 tons of rails respectively by 2011. Nizhniy Tagil Iron & Steel Works will also be improving its railroad wheel production, on which Evraz Group is to spend ?107m. As it happens, the company does not consider one-year rail production contracts

Central Bank of Russia reports volume of loans given by UniCreditBank to state-run for-profit organizations for 31 to 90 days went down by 100% (from 24.5 million RUR to zero) in December 2007-January 2008.

Klyuchevsk Ferrous Alloys Works announced the company was to produce less than had been planned for the first three months of 2008. This was brought about by the delays in the supply of chrome iron ore from Kazakhstan to Russian Chrome 1915 (the enterprise which is part of RosSpetsSplav as well as Klyuchevsk Ferrous Alloys Works). According to RosSpetsSplav’s press officer, the shipments of ore will get back to normal no sooner than in mid-March 2008.

The officers of Nizhniy Tagil customs detected a number of counterfeited items of clothing bearing Nike and Adidas logos and trademarks in one of the town shops at the end of February 2008, the spokesperson for Ural Customs Administration reports. The sportswear was not accompanied by any papers that could prove the authenticity of the brands, so the sales were violating the trademark owners’ rights. 135 items of clothing worth 170,000 RUR altogether were confiscated, while the local shops were subject to further investigation.

The shareholders decided to terminate the authority of Maxi Group’s President Nikolai Maximov in the course of an extraordinary general meeting. The decision was taken due to the fact that this position was missing from the company’s new Charter (adopted in the course of the same meeting).

Central Bank of Russia reports volume of demand deposits and other demand investments made by private individuals in UIC Bank went down by 27.74% (from 27.758 million RUR to 20.058 million RUR) in December 2007-January 2008.

'Most foreign workers come to Sverdlovsk Region from Tajikistan (28%), Kazakhstan (18%), China (16%), Kyrgyzstan (13%), and Turkey (5%). They are mainly employed in fields like the building industry and the service sector (including catering business and motor shows),’ Deputy Head of Sverdlovsk Region’s division of the Federal Migration Service Sergey Kashinin announced at a press conference on February 28, 2008. 'We don’t expect the number of illegal immigrants to soar dramatically this year, since the measures we’ve taken are believed to be able to keep these figures at last

Central Bank of Russia reports volume of demand deposits and other demand investments made by private individuals in Plato Bank went down by 23.29% (from 1.747 million RUR to 1.34 million RUR) in December 2007-January 2008.

According to the Central Bank of Russia, volume of for-profit self-regulatory organizations’ deposits in SberInvestBank valid for 181 days to 1 year plummeted by 100% (from 600,000 RUR to zero) in December 2007-January 2008.

Maxi Group elected the new General Director after the company’s Board of Directors decided to terminate the authority of former GD Alexander Loginovskikh and elected Valery Shevelev instead. Remarkably, Mr. Shevelev hasn’t got a share in the enterprise’s authorized capital.

The Minister for International and Foreign Economic Relations of Sverdlovsk Region Alexander Kharlov announced in the course of the ministry meeting that the region had received over $1.338bn worth of foreign investment altogether in 2007, which was comparable with the previous year’s level. However, the structure of these investments proved to be much better than before. Direct foreign investments, for instance, amounted to $119m, which exceeds the figures for 2006 by thirty times. Besides, this was the region’s best-ever result since 2001 when the figure came to $103m and then kept going

MOTIV, formerly one of Sverdlovsk Region’s telecommunications provider, expanded to become a telecommunications group operating in both Ural Federal District and Perm Territory at the end of 2007. Now the company offers its customers mobile communication as well as area and landline connection and Internet access. In addition, MOTIV now provides people living in Perm Territory with landline telephone connection, the company’s press officer reports. This impressive expansion in terms of both geography and technology was made possible due to a major restructuring. For one, the new

According to the Central Bank of Russia, volume of loans given by Perviy Respublikanskiy Bank to for-profit self-regulatory organizations for 31 to 90 days went down by 28.21% (from 290.281 million RUR to 208.4 million RUR) in December 2007-January 2008.

'We are having a hard time with some consumer electronics producers due to the recent amendments to the federal law on competition,’ Centri Maintenance Center’s Technical Director Leonid Khavroshin said to UrBC. The amendments came into force on December 12, 2007 and now give a customer the right to complain about the quality of a product not only to the producer and the seller but to the importer as well, who is now responsible for the quality of the product, too. According to Yekaterinburg Consumer Rights Committee Chairman Andrei Artemiev, it is usually the seller that the

Central Bank of Russia reports volume of loans given by Tyumenenergobank to sole traders despite overdraft went down by 26.85% (from 4.283 million RUR to 3.132 million RUR) in December 2007-January 2008.

The court is going to consider Koltsovo airport’s claim against Aviaprad on March 3, 2008. The decision to postpone the hearing was taken by the Judge of Sverdlovsk Region Court of Arbitration to give the parties a chance to work over and agree on the details of the case, the court’s press officer says.

'We experienced a software breakdown on February 22, 2008 and were thus unable to perform certain operations with the natural person accounts. For one thing, no new accounts could be opened; nor could our customers get any statements of their accounts, even though the balance was available from any ATM or office,’ the spokesperson for Alfa Bank’s Yekaterinburg branch Evgeniy Vladykin said to UrBC. 'All the problems were solved during the day, so our customers could be serviced properly again. As we never got a single complaint, I would think no psychological damage was done,’ the

Central Bank of Russia reports volume of loans given by Bank24.ru to for-profit self-regulatory organizations for 91 to 180 days went down by 40.96% (from 63.344 million RUR to 37.4 million RUR) in December 2007-January 2008.

Central Bank of Russia reports volume of loans given by Uralprivatbank to sole traders for 181 days to 1 year went down by 11.32% (from 37.017 million RUR to 32.826 million RUR) in December 2007-January 2008.