25 January 200809:03

Karabashmed upgrades facilities

Karabashmed, the ore-making company, has recently launched the second stage of upgrading its production facilities with the help of Ausmelt technologies and equipment, the spokesperson for Russian Copper Company said to UrBC. This second modernization stage covers projects like putting up the second Lurgi vitriolic shop using the Finnish Outotec Oy's technology and expertise, construction of the second Linde AG oxygen plant, fitting the company’s Ausmelt furnace with another stockyard and a raw stuff delivery unit, installation of four 160-ton Kumera Corporation converters, and
25 January 200809:01

Most complaints come from customers of Autoland and Okami Motors, Yekaterinburg Consumer Rights Committee says

'Most complaints we receive come from the customers of Autoland and Okami Motors car centers, with a little portion of claims laid against some other motor shows. Quite often, car centers will sell low quality automobiles with certain drawbacks claiming that these cars are brand new. This is the most frequent complaint we here of,’ Chairman of Yekaterinburg Consumer Rights Committee Andrei Artemiev said to UrBC. ‘On the whole I believe the current inspections of car centers carried out by local customs and law-enforcement officers are both necessary and justified,’ he noted. In the
24 January 200811:21

Copies of accounting records withdrawn from Krasnolesye car center

A number of law-enforcement and customs officers finished inspecting the papers of Krasnolesye car center at 3 PM on January 23, 2008. The spokesperson for the center reports the officers withdrew copies of the company’s accounting documents, even though the company believes there is no ground for suspecting them of anything illegitimate. In the meantime, most Yekaterinburg car centers are to undergo inspections related to tax evasion, undeclared wages, and violations of customs regulations as well as to the numerous complaints made by the customers who are unhappy with the sales procedures.
24 January 200811:19

SKB-Bank proves Sverdlovsk Region’s most profitable bank in 2007

SKB-Bank proved to be Sverdlovsk Region’s most profitable bank in 2007. The company’s profit amounted to 665,780,000 RUR on January 1, 2008, which is the best result in the region and the third best result in Ural Federal District. According to RBC.Rating as of October 1, 2007, SKB-Bank was one of Russia’s Top 100 most profitable banks and was given the 83d position. Thanks to the rapid profit growth, SKB-Bank is highly likely to improve its position in last year’s rating.
24 January 200811:03

Ural Bank for Reconstruction and Development raises number of cards by 42% in 2007

The Ural Bank for Reconstruction and Development raised the number of bank cards by 42% in 2007, including an 82% increase in the number of VISA cards issued last year, the bank’s press officer reports. At the same time, the demand balance - as far as the ruble, dollar, and Euro accounts operated through a bank card are concerned - went up by 59.3%, 6.4%, and 41.8%, respectively. In addition, the bank can boast a very developed bank card infrastructure consisting of 203 ATMs (150 of which are located in Sverdlovsk Region (including 75 ATMs in Yekaterinburg)) and 80 cash terminals (50 of which
23 January 200809:21

Leroy Merlin to have hard time in Yekaterinburg, Alliance says

'It’s possible that Leroy Merlin’s decision to invest 4 billion RUR in putting up stores in Sverdlovsk Region has been inspired by the success Auchan proved to be. They are bound to have some hard time here, though, because the region is already full of strong chain stores dealing in building materials and all the accompanying products. Besides, Castorama has been trying to enter our market as well,’ says Alexei Podolyako, CEO Alliance Independent Partnership. As became clear from Sverdlovsk Region’s Governor’s meeting with some French entrepreneurs, Leroy Merlin is thinking of setting