‘The first three apartment buildings of Yekaterinburg’s Academic district will have been commissioned by the end of the year. These include two seven-storey buildings and one eleven-storey one or some 30,000 square meters altogether,’ says the Academic construction project manager Stanislav Pridvizhkin. Stanislav Pridvizhkin said the construction process fit in all the plans and schedules, with builders currently working on the concreting.

Hewlett-Packard coordinated a region-wide conference on software products in Yekaterinburg. The informational coverage was provided by UralBusinessConsulting Agency of Information and Analytics. More than 170 enterprises’ executives, solution providers, and reporters met to discuss the latest IT advances’ potential. Hewlett-Packard presented one of its newest IT products: HP Service Manager based on HP Service Desk and Peregrine Service Center. In addition, the company announced it had managed to make its НР Service Manager and HP Asset Manager country-specific, which means that both programs

Central Bank of Russia reports volume of nonresident private individuals’ demand deposits in SberInvestBank went down by 49.31% (from 73,000 RUR to 37,000 RUR) in January-March 2008.

Sverdlovsk Region’s division of Federal Antimonopoly Service took legal action against Alco-Market Magnum, claiming that the latter violated the federal advertising legislation, the spokesperson for the Service reports. Magnum’s stores located at 1 Samoletnaya St. and 42 Kosmonavtov St. are reported to violate Article 14.3 of the Administrative Offense Code and Article 21 (part 2) of the federal advertising law through exposing strong drink ads in the shop windows.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of April 25, 2008, the share price of LUKoil Fund First (Uralsib Management Company) has gone down by 15.31% since January 1, 2008.

Sverdlovsk Region’s division of Federal Antimonopoly Service took legal action against UralTransBank, claiming that the latter violated the federal advertising legislation, the spokesperson for the Service reports. UralTransBank is reported to violate Articles 28 (part 3) and 5 (part 7) of the federal bill through its ads devoted to Universal, Rainbow, and Car Loan products.

According to the regional statisticians, 2,900 flights were operated through the region’s major airport in January-March 2008 (which exceeds the figures for the first quarter of 2007 by 600), while the number of trains dealt with by Sverdlovsk Region Railways (Russian Railways Public Company’s regional branch) came to 5,400, which falls short of the figures for a year earlier by 200. These data are available from the report on Sverdlovsk Region’s socioeconomic development in January-March 2008 on the Federal State Statistics Service’s official website.

Workers of Magnetitovaya mine located at Vysokogorskiy Ore Mining and Processing Enterprise (VGOK, part of Evraz Group) started extracting ore at the level of 850 meters below the ground. This is the deepest level ever achieved at any of the company’s three mines. The spokesperson for Evraz Group reports the preparation for this record-setting procedure took several years. First, the operational exploration and drilling jobs had to be done; then, geological sections and 4,000 meters of roadway were completed. The miners put up a water-removing system for subsurface water that includes three

The claim laid by the Federal Property Management Agency (aka Rosimuschestvo) against Koltsovo airport of Yekaterinburg will be considered in court on May 20, 2008. CaseА60-1122/08 Rosimuschestvo vs. Koltsovo airport (the regional division of the former being the plaintiff, the latter the defendant) was first heard in court on April 9, 2008. Rosimuschestvo is planning to cancel the rental agreement it has with the airport regarding its premises. The court’s press officer reports this agreement involves the renting of state-run property such as the airport apron, the runways, the aircraft

Central Bank of Russia reports volume of loans given by Bank24.ru to sole traders despite overdraft dropped by 59.39% (from 165,000 RUR to 67,000 RUR) in January-March 2008.