OREANDA-NEWS. December 31, 2010. FAS Russia is considering a petition of the “Savings Bank of Russia” OJSC (location: 19, Vavilova St., Moscow, 117997; main activities – banking services) about acquiring 51% voting shares of “Iskitimcement” OJSC (location: 1a, Zavodskaya St., Iskitim, the Novosibirsk region, 633209; main activities – cement production), Registration No. 63128 of 13th December 2010.

The overall book value of the assets of the Buyer’s group of persons (as of 30th September 2010) exceeds seven billion Rubles.

Governed by Article 33 of No.135-FZ Federal Law “On Protection of Competition” of 26th July 2006, FAS Russia examined the petition and extended the period for petition consideration for two months to be able to obtain additional information necessary to give objective and comprehensive consideration to the transaction.

All interested persons can submit information to the Federal Antimonopoly Service as to how the transaction can affect the state of competition.