Chelyabinsk Tube Rolling Plant and Pervouralsk New Pipe Plant (ChTPZ Group’s largest tube and pipe manufacturers) supplied their consumers with 1,309,000 tons of tubular goods in the eight months of 2007, which is 18% better than in January-August 2006 when the figure only came to 1,111,000 tons. ChTPZ Group sold 717,500 tons of tubes and pipes in the eight months of the year, which exceeds the figures for a year earlier (that is, 611,900 tons) by 17%. These figures include a 26% increase in the amount of large-diameter pipes: it came to 401,300 tons compared with only 317,300 tons of LDPs in

According to the Central Bank of Russia, volume of for-profit self-regulatory organizations’ deposits in Yekaterinburg Municipal Bank valid for 1 to 3 years went down by 59.41% (from 31.78 million RUR to 12.9 million RUR) in January-August 2007.

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in Pervouralsk Joint Stock Commercial Bank valid for 1 to 3 years went down by 89.13% (from 92 million RUR to 10 million RUR) in January-August 2007.

Stock market experts believe a recent drop in the dollar rate is not likely to affect either the Russian citizens’ well being or the Russian banks’ performance. ‘Even though the U.S. dollar rate went down from 25.4 RUR to 25.18 RUR per dollar within a week, we don’t believe people will start frantically get rid of their dollars,’ SKB-Bank’s Dealing Director Anton Khavin says. ‘The dollar rate started decreasing as early as the beginning of summer when it went past the psychologically significant point of a digit changing 25 RUR per U.S. dollar, and this trend just keeps developing. It looks

Central Bank of Russia reports volume of overdraft loans given by UralTransBank to for-profit self-regulatory organizations went down by 13.15% (from 88.306 million RUR to 76.694 million RUR) in January-August 2007.

‘We need to adopt some special environmental protection policy,’ Governor of Chelyabinsk Region Petr Sumin announced at the regional government’s meeting. ‘Quite a few companies are now starting to pay more attention to conservational issues, yet what we need is not only some improvements in the management system, but also stricter surveillance measures as well as making sure the environmental offenses that still occur sometimes are invariably prosecuted, and that there is always some appropriate redress. One vital issue is handling the region’s disposal sites and consumer waste. Keeping an

Central Bank of Russia reports volume of loans given by AGROPROMBANK Credit to for-profit self-regulatory organizations for 1 to 3 years went down by 21.89% (from 1,949,182,000 RUR to 1,522,531,000 RUR) in January-August 2007.

According to the Central Bank of Russia, volume of loans given by Tagilbank to for-profit self-regulatory organizations for 181 days to 1 year went down by 18.19% (from 59.1 million RUR to 48.352 million RUR) in January-August 2007.

URSA Bank was proclaimed Russia’s Most Caring Bank in the course of the First Russian Bank Festival inspired and coordinated by the Association of Russian Banks and the National Bank Club. The festival took place in Budva, Montenegro. This event was attended by top representatives of the legislature and of the executive branch, executives from the Banking Association for Central and Eastern Europe as well as those from the European Banking Federation, and heads of Russia’s largest banks. The agenda of the festival/forum included a session on the ways of creating a united Pan-European

Central Bank of Russia reports volume of loans given by GRAN Bank to natural persons for 181 days to 1 year went down by 28.48% (from 42.657 million RUR to 30.508 million RUR) in January-August 2007.

The Soviet of the Federation appointed Yuri Osintsev the Soviet’s representative in Sverdlovsk Region Legislative Assembly on September 19, 2007. Mr. Osintsev was elected member of the Soviet on February 24, 2007 (he was the only candidate for the position).

Golden Telecom, an Internet connection provider, decided to become less friendly to its individual subscribers through canceling its policy of giving a subscriber a bonus for topping up one’s account with the help of an ATM. The company sends out letters that state, ‘We thereby inform you that beginning from October 1, 2007, no bonuses will be added to your account when replenishing it through an ATM transaction. We do hope for further cooperation.’ The bonus consisted in Golden Telecom making up for the 2% their subscriber would spend on a bank commission when using an ATM. Even though the

IES Multiutilities reports it had 618.21 million RUR worth of unpaid electricity bills, 422.414 million RUR worth of unpaid heating bills, and 52.683 million RUR worth of unpaid water supply bills on September 1, 2007. Overall, various companies came to owe IES Multiutilities 1,093,306,000 RUR altogether. The company is still using complaints and claim-laying practices as the major tool of debt recovery; in August 2007, 599 cases ended up in the court, with 556 out of 599 claims laid against private individuals. Kamensk Communal Company, with its 75,209,020,000 RUR worth of debts (as of

Central Bank of Russia reports volume of loans given by Plato Bank to natural persons for 1 to 3 years went down by 55.3% (from 2.821 million RUR to 1.261 million RUR) in January-August 2007.

Director of SverdlovEnergo Mikhail Dralin resigned, the General Director of the Urals and Volga Interregional Network Company Alexei Bobrov announced in the course of a press conference held in Interfax-Ural’s headquarters on September 18, 2007. Mr. Bobrov maintains Mr. Dralin’s resignation has to do with SverdlovEnergo merging with his enterprise. ‘SverdlovEnergo vested all the authority of its sole executive body with our company, this is why it is no longer going to have a general director; we will retain the position of a CEO, though. Mr. Dralin is now on the Federal Network Company’s

Governor of Chelyabinsk Region Petr Sumin allotted 600 million RUR to be spent on public vehicles, since the region’s transportation businesses kept sending in their applications for vehicle replacement. This money is meant for Chelyabinsk Region’s two largest cities, namely, Chelyabinsk and Magnitogorsk. The former was given 400 million RUR, so the city council has already conducted a number of tenders among bus suppliers. As a result, seventy-two modern buses produced by Neftekamsk car factory are expected to arrive in Chelyabinsk before the end of the year. Besides, tenders for trolley-bus

Central Bank of Russia reports volume of loans given by Ural Innovational Commercial Bank to natural persons for 91 to 180 days went down by 95.01% (from 1.002 million RUR to 50,000 RUR) in January-August 2007.

United Company RUSAL’s 8,000,000th ton of aluminum was produced at Bogoslovskiy Aluminum Plant, UC RUSAL’s local press officer Roman Lukichev said to UrBC. This remarkable achievement resulted from the plant’s electrolysis shop reaching all of its target figures this September; their raw aluminum production figures came to 100.1% of the planned amount in the eight months of 2007. The increase in the company’s production output stems from the use of improved electrolysis technologies, greater reliance on IT and installation of new equipment, enhancing the workers’ technical awareness and

Central Bank of Russia reports volume of loans given by Universal Bank to sole traders for 1 to 3 years went down by 21.2% (from 18.214 million RUR to 14.353 million RUR) in January-August 2007.

According to the Central Bank of Russia, volume of call loans given by VUZ Bank to natural persons went down by 23.84% (from 14.683 million RUR to 11.183 million RUR) in January-August 2007.