HomeMaterials for March 2009 year
31 March 200912:33

Uralstroy-1 does billions RUR of damage to customers

The officers of Sverdlovsk Region’s economic crimes division of Ministry of Internal Affairs carried out an investigation resulting in uncovering the criminal activity of Uralstroy-1, the local builder, the spokesperson for Sverdlovsk Region’s division of Ministry of Internal Affairs reports. According to the existing line of inquiry, Uralstroy-1 signed agreements with both natural persons and legal entities regarding their investment in would-be apartments and offices. Later on, the builder allegedly converted the customers’ property rights over the future estate to some third party by
31 March 200908:39

MMK looks into collective agreement

Magnitogorsk Iron & Steel Works (MMK) looked in the success of the enterprise’s compliance with the collective agreement in 2008. One thing MMK invests in is improving on the city’s cultural infrastructure by maintaining two culture centers hosting over 1,500 various clubs’ members. 850 events were organized for the enterprise’s employees last year alone, with 25.78 million RUR worth of investments. What is more, MMK provides for a set of health-improvement and PE measures through organizing sports events and summer and winter championships. All in all, more than 12,500 people took part
30 March 200909:04

Ural Airlines sells tickets for Dushanbe-Irkutsk flights

Ural Airlines started selling tickets for its U6-2941/2942 Dushanbe-Irkutsk-Dushanbe flights. Starting April 2, 2009, flights are to be operated every Thursday. The departure time for Irkutsk-Dushanbe flight is 3.15 PM, the arrival time is 4 PM. The departure time for Dushanbe-Irkutsk flight is 4.20 AM, the arrival time is 1.15 PM. All flights are operated on an Airbus A320 plane; these are five-hour flights. For more information, call the 24/7 Passenger Support Service 8 800 2000 262 (toll free within Russia).
30 March 200909:01

Degtyarsk Machine-Building Plant under attack

Degtyarsk Machine-Building Plant’s management claims the company is under a raiding attack initiated by Malik Gaisin, a local entrepreneur. ‘Since the law-enforcement agencies do not seem to pay any attention to the notorious Malik F. Gaisin’s actions, one of Degtyarsk’s few operating businesses is under a threat of total destruction,’ the plant’s GD Valery Malygin was quoted as saying by the Anti-Corruption Committee. The plant’s top executives report eleven buildings located on the plant’s premises have been registered with Kolva Ltd (controlled by Malik Gaisin). However, neither money nor
30 March 200908:58

Local smelters’ output halves, Minister warns

Deputy Head of Sverdlovsk Region Government and the region’s Minister for Industry and Science Anatoly Gredin presented his report on the state of local aluminum smelters at an anti-crisis committee meeting. The Minister explained things were hard for Severouralsk bauxite mine (SUBR) and Bogoslovskiy and Ural smelters at the moment; their output had halved, while the produce didn’t appear to enjoy any demand. In the meantime, these enterprises employ over 10,000 local dwellers. The regional government officials have already drawn up an agreement providing for lower electricity and heat prices
27 March 200908:41

Security market needs state involvement, Oleg Borisov says

‘Providing for commercial security is an important part of social security and a top priority issue at the moment. This is a problem both the country as a whole and every city in Russia is faced with. This is true of Yekaterinburg as well. I believe this issue needs to be discussed and to be given a lot of attention at the city’s Security Council meeting,’ says Europe-Asia Information and Consulting Center’s GD and President of Ural Center of Nongovernmental Security Institutions Association Oleg Borisov. The first professional report on Yekaterinburg’s security services market came out in
27 March 200908:41

Governor Sumin meets Vladimir Evstratov

Governor of Chelyabinsk Region Petr Sumin met the General Director of Asha Metallurgical Works Vladimir Evstratov. The two executives looked into the enterprise’s current problems and tried to think of how to actually implement the company’s long-term investment projects targeted at modernization. Evstratov said the first modernization stage was completed in 2006 when the new ladle furnace was launched; the second stage was carried out in 2007 when the new CC machine started operating at the plant. However, the outbreak of the global economic turmoil prevented the enterprise from going
27 March 200908:39

Euroset Yekaterinburg owes state over 1 million RUR

Ural Transport Machine-Building Works, Euroset Yekaterinburg, Ural & Siberia Metallurgical Company, Yekaterinburg Pharmaceutical Factory, Pnevmostroymachina, and Ural Turbine Plant have been placed on the list of companies owing more than 1 million RUR to the state (i.e. the Russian Federation budget), Sverdlovsk Region’s division of the Federal Tax Service reports. All in all, the list comprised 341 enterprises on March 15, 2009.
27 March 200908:37

Bank Severnaya Kazna top management’s agreements declared void

The agreements signed with Bank Severnaya Kazna’s (now the asset of Alfa-Bank) top managers that provided the latter with greater salaries, a life time medical insurance and impressive redundancy payments have been declared void and cancelled. Following the order of the Russian Federation’s Deputy Prosecutor-General, the region’s public prosecution authorities carried out an investigation of the bank’s former managers allegedly illegal practices and found out that the offense did take place. It was detected that in October 2008, despite the ongoing economic crisis and the bank’s being unable
27 March 200908:35

Bank-related complaints rise 50%, consumer society reports

‘At the time of a crisis, the number of bank-related complaints has gone up by 50%. All in all, we have received fifty-four complaints about the banks’ activity since the outbreak of the trouble,’ Inna Abolonina, Sverdlovsk Region Consumer Rights Protection Society’s legal advisor said to UrBC. ‘Most complaints have to do with lending issues and bank deposits, with the latter dominating over the former. People complain of a whole range of banks, including Bank Russkiy Standart and Sberinvestbank,’ she added.
26 March 200910:55

Governor Sumin draws up anti-crisis proposals

Governor of Chelyabinsk Region Petr Sumin attended a meeting of Ural Federal District’s constituency heads chaired by head of the Russian Federation Government Administration Sergey Sobyanin and made a number of proposals regarding the Government’s anti-crisis action plan for 2009. The spokesperson for the Governor reports Sumin spoke about the inter-budgetary problems; for one, Chelyabinsk Region’s Federal Tax Service division’s profits had already dropped by 34% because of the smaller tax payments. Then, as the action plan provides for 300-billion-ruble subsidies to the regions, Governor
26 March 200910:00

Klyuchevsk Ferrous Alloys Works might pass dividend

‘The stockholders will probably decide not to pay the dividend for 2008 when they meet at the AGM at the end of April. This is the decision they normally make,’ the spokesperson for Klyuchevskoy Ferrous Alloys Works said to an UrBC reporter. ‘Our production output has been going down over the last few months, which is actually the case throughout the entire ferrous alloys branch. We’ve managed to avoid redundancies, however,’ the spokesperson said.