The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by .22% between October 3, 2007 and October 4, 2007. According to Eurogreen’s website, the company’s net assets decreased from 5,084,142.42 RUR on October 3, 2007 to 5,073,161.67 RUR on October 4, 2007.

Central Bank of Russia reports volume of loans given by Uralprivatbank to state-run for-profit organizations for 1 to 3 years went down by 12% (from 2.5 million RUR to 2.2 million RUR) in January-September 2007.

The spokesperson for RENOVA says the British Standards Institution (BSI) conducted the annual audit of Ural Turbine Plant and admitted that the enterprise’s quality management system met all the international requirements imposed by ISO 9001 standard. Ural Turbine Plant has a well-documented quality management system that provides for effective quality improvement policies and achievement of goals. Strict adherence to the quality management system makes it possible for us to continually improve on the efficiency of resource use as well as on the quality of our produce,’ the plant’s General

By the end of 2008, the average Evraz Group worker’s pay will have reached at least five living wages, Evraz Group President Alexander Frolov announced at a pres conference. «We are going to go through with a pay rise in the fourth quarter of 2007, even though the increase in wages was originally scheduled for January or February 2008», he added.

United Arab Emirates, Thailand, and India (namely, Goa) will probably be the most popular winter holiday destinations. It is already becoming difficult to book tickets for the winter holiday season due to enormous demand. This winter, travelers are likely to go not only to popular ski resorts in Austria, France, and Germany, but also to Mauritius and Bali, «Ural Airlines» Commercial Director Kirill Skuratov announced at a press conference on October 8, 2007. «Both domestic and international travel has been on the rise lately, with more and more people willing to visit other countries. This is

URSA Bank was awarded by Western Union in the Network Development category. The ceremony took place in Moscow in the course of the Customer’s World conference. The award, namely, a gold star, is normally given by Western Union to the company’s partners for greatest growth in the number of service outlets. Hikmet Ersek, Executive Vice President for Europe, the Middle East, Africa and South Asia, and Natalia Melnikova, President of Western Union East, report that the number of Western Union outlets available through URSA Bank rose by 36 offices in 2007, and the number of money orders has

According to the Central Bank of Russia, volume of loans given by Pervouralsk Joint Stock Commercial Bank to state-run for-profit organizations for 1 to 3 years went down by 20% (from 6 million RUR to 4.8 million RUR) in January-September 2007.

Sverdlovsk Region-based enterprises belonging to Evraz Group started getting ready for the winter season. Before the end of November, some 7,000 employees of Nizhniy Tagil Iron and Steel Works, Vysokogorskiy Ore Mining and Processing Enterprise, and Kachkanar Ore Mining and Processing Enterprise (aka Vanadium) are to be vaccinated in order to avoid the outbreak of flu. The immunization is free for the employees, since the medications are paid for by their companies. It is actually obligatory for old-age workers and people whose jobs involve interacting with large numbers of people, such as

The bank’s official website informs customers that since Monday, October 8, 2007 is a public holiday in the United States, Severnaya Kazna is not going to handle any outward dollar payments for one day. All the dollar payments and stock trading operations will be performed on Tuesday, October 9, 2007, though. In the meantime, one can still sell or buy U.S. dollars within the bank as well as make inward payments on October 8, 2007. In addition, it is also possible to make Euro payments and deal in stock trading operations as usual.

ChTPZ-Complex Pipe Systems delivered the first set of 40 taps with the diameter of 820 millimeters for Vankor-Purpe pipeline in September 2006. The second set of 140 taps will have been delivered by the end of 2007, the company’s press officer reports. All the taps were produced in Chelyabinsk by a division of ChTPZ-Complex Pipe Systems. The technical specifications of the taps are based on the standards developed by Russia’s major oil and gas enterprises.

The Ural Bank for Reconstruction and Development Finance Ltd (a company fully owned by the Ural Bank for Reconstruction and Development of Yekaterinburg) made 25.22 million RUR worth of the fifth coupon payments on its three-year bonds. The payments came to 25.55 RUR per one bond with face value of 1,000 RUR, which means the annual interest rate amounted to 10.25%. The Ural Bank for Reconstruction and Development Finance Ltd went through with 1 billion RUR worth of bonds at MICEX stock exchange on July 6, 2007. The first coupon annual interest rate was then determined at 11%. On June 21,

Central Bank of Russia reports volume of loans given by Sverdlovsk Gubernskiy Bank to state-run for-profit organizations for 1 to 3 years went down by 29.17% (from 4.999 million RUR to 3.541 million RUR) in January-September 2007.

URSA Bank was rated 300th on the Expert magazine’s list of companies with the largest sales figures in 2006. The bank sold 9.858 billion RUR worth of products and services last year, which is 65.3% better than in 2005. The bank’s growth rate therefore reached 188.1%, its net profit rose by 192% compared to a year earlier and came to 1.464 billion RUR, and its assets grew by 289% and amounted to 111.6 billion RUR. Besides, the bank’s equity capital went up by 426% and came to 15.021 billion RUR. Russia’s Top 400 companies with the best sales figures featured by the Expert magazine sold 19.3

Officers of Nizhniy Tagil Customs and the law-enforcement agencies of Verkhnyaya Salda found a large assortment of pirated Puma and Adidas sportswear in one of Verkhnyaya Salda’s shops. The spokesperson for Ural Customs Administration reports the goods had no accompanying documents that could prove the authenticity of the trademarks used, which means the trademark owners’ rights were being abused through illegal sales. 39 items of clothing worth some 35,000 RUR altogether were confiscated; the case is subject to further investigation.

On October 4, 2007, Ural Airlines and Airbus S.A.S. signed an international agreement regarding the acquisition of new Airbus planes by the Russian carrier in the course of a solemn ceremony that took place in Sverdlovsk Region Government House. The Russian party’s signatory was Ural Airlines’ General Director Sergey Skuratov, the French party was represented by Airbus Vice President Sales in Eastern Europe and the C.I.S. Andreas Kramer. The preliminary acquisition agreement was signed in June 2007, yet the terms were only finalized on October 4, 2007. The contract provides for the delivery

Chelyabinsk Region’s best teachers received presidential grants on October 4, 2007. The grants were awarded to the worthiest teachers for the second time this fall, which is part of the state-funded National Education Project. 218 school workers living in the South Urals received 100,000 RUR each. The ceremony was attended by First Deputy Governor of Chelyabinsk Region Andrei Kosilov, who said that the regional education system was one of the best in Russia as well as internationally. This can be proved by the prestigious awards that local students win in international contests on regular

Central Bank of Russia reports volume of loans given by UralTransBank to state-run for-profit organizations for 91 to 180 days went down by 15% (from 10 million RUR to 8.5 million RUR) in January-September 2007.

SKB-Bank decided to celebrate the company’s birthday with a whole range of pleasant surprises for its customers. The bank’s anniversary at the beginning of November will probably be remembered for special offers on deposits, namely, increased interest rates. SKB-Bank’s customers could enjoy better deposit yields from mid-September if their money was in Gold Standard deposit, since the effective interest rate reached 14.37%. The interest on the World Standard deposit came to 13.8% on October 1, 2007. ‘Even though banks have been lowering their interest rates on deposits lately, SKB-Bank

VUZ Bank’s Board of Directors decided to dismiss former Deputy Chairman of the Supervisory Board Mikhail Frolov on October 4, 2007.

The Ural Bank for Reconstruction and Development was among the thirty-five Russian banks with the low credit risk ratings ( ), Bankir.ru maintained after the agency’s analysts looked into these banks’ activity in September 2007. There are only three other Sverdlovsk Region-based banks on the list. Bankir.ru’s experts report that the bank’s resource base is fairly diverse, the risk of a sudden outflow of funds that could hurt the company is very low, and there is virtually no bad debt in terms of attracted resources that the bank has to worry about. Then, the Ural Bank for Reconstruction and