Evrazbank to fly with 'Pigeon Book'

Fyodor Bondarchuk's new $8 mil project

MOSCOW -- Alexander Mazanov, the sole owner of Evrazbank, will invest in a new project by Fyodor Bondarchuk's company Art Pictures, local media reported Wednesday.

The movie, with the working title "Golubinaya Kniga" (Pigeon Book), is tentatively scheduled for release in 2010, and Mazanov will contribute about 70% of its $8 million budget, according to Russia's B&FM business daily.

Under Russian law, banks and investment companies cannot invest in the film industry, but their owners can.