‘We are aware of existence; the emergence of this website has not resulted from our activity on the whole or from actions taken by some of our employees. We do not know the names of people who might be interested in damaging our reputation. In fact, these could really be some activists that are fighting for allegedly truthful depiction of facts about all of Yekaterinburg-based car dealers online. On the other hand, this site could have been created by our rivals,’ Krasnolesie Car Center’s Executive Director Igor Surkov said to UrBC. The website www.rfblog.ru is regularly updated with some

According to the Central Bank of Russia, volume of loans given by Ural Innovational Commercial Bank to for-profit self-regulatory organizations for 181 days to 1 year went down by 9.57% (from 194.09 million RUR to 175.533 million RUR) in January-July 2007.

The value of net assets of Energy – Mixed Investments (the unit investment trust) managed by Eurogreen Management Company Ltd. went down by 9.9% between July 20, 2007 and August 20, 2007. According to Eurogreen’s website, the company’s net assets decreased from 5,373,957.3 RUR on July 20, 2007 to 4,839,247.64 RUR on August 20, 2007.

Central Bank of Russia reports volume of natural persons’ deposits and investments in Plato Bank Ltd valid for 91 to 180 days went down by 22.91% (from 3.61 million RUR to 2.783 million RUR) in January-July 2007.

‘Neither of the two car dealers is going to win anything as a result of the current public relations warfare. One of them might be able to entice a number of customers through blackening its rival at first, but in the long run, people are going to shun both companies,’ Director of Saint Petersburg-based BC Communications Olga Chernyshova said to UrBC. She believes the continuation of this mutual negative publicity campaign will affect the sales of both car centers badly. ‘The customers will simply get confused and are bound to stop trusting both companies. This means they will start buying

Central Bank of Russia reports volume of loans given by Universal Commercial Bank to for-profit self-regulatory organizations for 181 days to 1 year went down by 96% (from 22.65 million RUR to 900,000 RUR) in January-July 2007.

According to the Central Bank of Russia, volume of loans given by Sverdlovsk Gubernskiy Bank to for-profit self-regulatory organizations despite overdraft account went down by 24.9% (from 160.364 million RUR to 121.102 million RUR) in January-July 2007.

‘If Maxi Group actually enters the weldless pipe market, its rivals are bound to try to prevent the company from succeeding in the business,’ UralPromSnab’s Sales Manager Dmitriy Gilvanov said to UrBC. He is also inclined to think Maxi Group might experience some difficulties creating the demand for its goods. ‘Consumers are more likely to buy weldless pipes from a company with a well-established reputation, a company they have for a long time been doing business with,’ Mr. Gilvanov observed. Maxi Group has recently started putting up a weldless pipe production plant in Revda; experts tend to

‘The fact that two large Yekaterinburg-based car dealers have been campaigning against each other via mass media resources is sure to affect them both badly. If it is actually proved that the companies themselves are behind the negative publicity targeted against one another, they are simply going to lose all the credibility as far as their customers are concerned,’ Andrei Tavolzhanskiy, PR Manager of Obratnaya Svyaz Agency (based in Moscow), said to UrBC. Mr. Tavolzhanskiy believes if some bad reports on the companies appear online often enough, they will gradually seep in the potential

‘Our customers normally come to us with pre-chosen mortgage schemes from this or that bank, yet no one has ever come with an offer from URALSIB,’ Director of SV Nedvizhimost Ltd Svetlana Scherbinina said to UrBC, explaining the reason why her real estate agency is not at all aware of the bank’s mortgage offers and sees no reason for doing business with URALSIB. In the meanwhile, the number of Sverdlovsk Region-based banks that deal in mortgage lending keeps growing, and so does the variety of options. However, this has not resulted in greater numbers of given mortgages: this year, the amount

A round table discussion devoted to the new banking season was held in Yekaterinburg on August 24, 2007. A number of representatives of crediting and non-profit organizations from both Yekaterinburg and Moscow took part in the event. The main point on the agenda covered the issue of the banking crisis. Bankers claimed there was not going to be any crises in the upcoming year. ‘In fact, we expect our business to expand next year,’ SKB-Bank’s Deputy Chairman Alexander Kudryavtsev said. The banking experts support the idea of the banking sector’s stable development; some drastic political and

Central Bank of Russia reports volume of loans given by VUZ Bank to sole traders for 91 to 180 days went down by 53.44% (from 78.343 million RUR to 36.478 million RUR) in January-July 2007.

According to the Central Bank of Russia, volume of for-profit self-regulatory organizations’ deposits in UralFinance Bank valid for 181 days to 1 year went down by 92.31 (from 32.5 million RUR to 2.5 million RUR) in January-July 2007.

According to the Central Bank of Russia, volume of loans given by Plato Bank Ltd to natural persons for a term of over three years went down by 83.84% (from 4.145 million RUR to 670,000 RUR) in January-July 2007.

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in SberInvestBank valid for 1 to 3 years went down by 35.71% (from 21 million RUR to 13.5 million RUR) in January-July 2007.

‘The summer tourist season is gradually coming to an end; the city dwellers have already bought tours for September and are considering offers available for the upcoming fall. Egypt is definitely going to get the greatest number of travelers in the next few months, as people are attracted by inexpensive trips to Hurghada as well as by premium class hotels and nice service in Sharm El Sheikh. Apart from that, the United Arab Emirates, Thailand, and Goa are also expected to enjoy great popularity with tourists,’ Director of Inna Tour (a Yekaterinburg-based travel agency) Inna Averyanova said to

‘The current state of events at the local agricultural market is simply deplorable. The problem is of social rather than economic nature, since the livelihood of thousands of people depends on the conditions and opportunities of producing and selling their foods,’ Farming Coordination Director of Chelyabinsk Region Ministry of Agriculture Igor Kushnirenko said at the round table discussion devoted to ways of introducing the quality produce of local farmers on the regional markets. ‘Helping our farmers sell their produce should be seen as a top priority national challenge. These types of food

Ural Airlines and Grazhdanskiye Samolyoty Sukhogo (Sukhoi Civil Aircraft) signed an agreement of intent regarding the purchase of five SuperJet100 airplanes. 'Ural Airlines thus made it clear that they intend to support Russian aircraft makers and, since the carrier needs some new airplanes with small seating capacity, the company held preliminary talks with representatives of Sukhoi Civil Aircraft; the agenda of this meeting covered looking into the technical characteristics of the aircraft and giving Ural Airlines’ future business partners all the data on the potential travel routes so

'I think Russian stock market could largely appeal to foreign investors that have business in Russia and are interested in attracting some more rubles for the development of their Russian assets. Besides, some of them might see trading at Russian stock exchanges as a clever image-shaping act that could bring the additional advertising benefit,’ FINAM Investment Company’s PR and Media Director Vladislav Kochetkov said to UrBC. In the meanwhile, the Federal Financial Market Service has been working on a new legislation that would allow foreign companies to sell their shares on Russian

According to the Central Bank of Russia, volume of for-profit self-regulatory organizations’ deposits in Pervouralsk Joint Stock Commercial Bank valid for 1 to 3 years went down by 89.1% (from 92 million RUR to 10 million RUR) in January-July 2007.