Beltion - Beyond Ritual
 

Looks like there are some updates. They apparently have a demo they brought to an expo and they are still without a publisher. Seems they won "best game without a publisher" award. I'm using an online translator so I could be way off.

It looks like they have been tweaking graphics quite a bit - to great effect. Looks like an overhaul to me.

New screenies as of yesterday:
http://www.beltion-game.com/gallery/screenshots

Nice screenshots - can someone tell me something about this game ?
I can't read this language.

I found this:
http://www.rostok-games.com.ua/eng/project/

I have no more info myself - I've been keeping an eye on this one for a year or so. Part of mymonthly Heart Eternity, Inquisitor and Beltion foriegn games sweep.

Inquisitor? Quick sweep came up with GW WH40k tabletop game, but I suspect that´s not what you meant. Links!