Sverdlovsk Region Court of Arbitration started looking into the claim laid by Ural Federal District’s division of Rostechnadzor (the state environmental, technological, and nuclear safety watchdog) against Aston, the local developer. ‘We carried out our first inspection of buildings at 1a Radischev St. (a twenty-five storey apartment building) and at 16 Radischev St. (an eighteen-storey one) in April 2008. Aston was apparently violating the design documentation and the construction procedure requirements. Our second inspection in June 2008 revealed that the developer did not eliminate those

The building and energy-saving technologies that large developers (like RenovaStroyGroup, for instance) employ are going to benefit the smaller builders’ technological development as well, which, in its turn, is likely to stimulate the building market’s growth in general, Sverdlovsk Region’s Deputy Minister for Construction Alexei Krupkin said in the course of a press conference. RenovaStroyGroup’s Academic construction project is the largest building project implemented in Yekaterinburg at the moment. The press conference was devoted to the practical application of the federal bill on the

Russian Special-Property Alloys Management Company’s annual general meeting held in Yekaterinburg resulted in the decision to pass a dividend for 2007. In addition, a Board of Directors was elected: Sergey Gilvarg, Serafim Kolpakov, Igor Tkachenko, and Yuri Valkovskiy became the new BOD members.

Ural Airlines keeps making e-tickets to more destinations available online. On July 29, 2008, the carrier’s online booking offices started selling e-tickets to over thirty destinations within Russia and the CIS. The company’s experts are now working on making e-tickets for all of the airline’s flights available for online purchase. For one, e-tickets for Yekaterinburg-Moscow flights will be bought online in the near future. The company actually started selling its e-tickets online on July 24, 2008, but, until July 29, 2008, this service was only offered for international flights, the

The Ural Bank for Reconstruction and Development had its QUIK Broker online trading system upgraded in July 2008, so the system now works faster and is more reliable. The upgrading process was four-fold: firstly, the facility was transferred into the bank’s server room, secondly, the system’s central Internet Transaction Server was replaced with a new one, thirdly, a new Internet provider was chosen, while the entire system’s fall-over protection and capacity were greatly increased. Finally, the bank provided its customers with the system’s latest version QUIK 5.11 The bank’s press officer

VEK sent an obligatory notification to Uraltransbank, proposing to buy the bank’s securities for 6.61 RUR apiece. The bank must accept the proposal or come up with its terms within seventy days of receiving this notification. This compulsory purchase procedure was guaranteed by Bank Severnaya Kazna.

Mechel Bank keeps setting up more offices in Yekaterinburg. A new office was opened at 14 Sverdlov St. on July 29, 2008. This outlet is going to render a full range of services to both businesses and private customers, including the renting of safety vaults. Prior to the introduction of the new office, the latter service used to be available only in the bank’s office at 53 Kraul St. Mechel Bank runs 45 subdivisions (including seven subsidiaries, twenty-nine additional offices, six credit and cash terminals, and two cash departments) altogether, five of which are located in Yekaterinburg.

Sverdlovsk Region Court of Arbitration delivered its judgment regarding case А60-13735/08, the claim laid by Ural Federal District’s division of Rostechnadzor (the state environmental, technological, and nuclear safety watchdog) against Rusgrad, the developer that works on Koltsovo airport’s new international terminal. The first court hearing took place on July 22, 2008. Rostechnadzor insisted on Rusgrad’s administrative prosecution for lacking some essential papers: the state board of experts’ approval of the developer’s design documentation and engineering surveys as well as the

‘The fact that Sverdlovsk Region’s division of the Federal Migration Service only provides the local citizens with foreign passports with great delays is a violation of their civil rights. Yekaterinburg’s tourist community has numerously placed claims and requests with the Service’s representatives, asking them to do something about the problem. At the beginning of summer, these officials were invited to the town hall to think over the possible solutions with the tourist market representatives and Deputy Mayor Viktor Konteev. One of the ways out proposed in the course of this meeting was to

SKB-Bank’s balance sheet total came to more than 50 billion RUR in June 2008 compared with only 35.8 billion RUR at the beginning of the year. SKB-Bank’s Chairman of the supervisory Board Vladimir Pukhov reports the bank’s funds reached over 5 billion RUR, which is the second best result in Ural Federal District. ‘This means the business can expand and keep reaching new heights. A fifty-billion-ruble balance sheet total is a milestone on our way to becoming this region’s largest bank. Even though the business is now growing rapidly, we are not going to stop where we are and hope to achieve