Sverdlovsk Region Arbitration Court keeps processing Uralstroyproekt Construction Company’s bankruptcy application. In March 2006, the company was placed on the list of dishonest developers that had been compiled by the City of Yekaterinburg. The reason for this blacklisting was the fact that the developer failed to put up its buildings within deadlines. However, the company was taken off this list in August 2007. Uralstroyproekt applied for bankruptcy because its wage arrears, debts, and other obligatory payments had amounted to 111.8 million RUR and it had had no permanent assets except for

Russian President Dmitriy Medvedev signed a decree that will provide for the introduction of a number of federal-status universities in Russia. So the Russian Federation Government now has three months to set up Ural Federal University in Ural Federal District. This higher educational establishment will be founded on the basis of Boris N. Yeltsin Ural State Technical University.

The management of Pokrovskiy Passage Shopping Center can’t compensate the dwellers of an apartment building that was illegally knocked down in the center of Yekaterinburg. What actually happened was that about 50% of a two-storey building at 8/10 Rosa Luxemburg St. collapsed and slid right into the foundation pit dug up for an extension to Pokrovskiy Passage on August 6, 2009. The State Construction Surveillance Administration declared this had been due to lack of proper control on the part of the developer and violation of night-time construction regulations. The shopping center

Sverdlovsk Region Arbitration Court decided to consider the validity of Uralskiy Val’s bankruptcy application in December 2009, the spokesperson for the court informed the UrBC reporter. The consumer electronics and white goods chain store applied for bankruptcy on September 28, 2009, declaring it was unable to pay its creditors in full since its liabilities exceeded the worth of its assets. As for the company’s trustee in bankruptcy, Elena Klochko of Ural Region Self-Regulatory Organization of Trustees in Bankruptcy Noncommercial Partnership is one of the possible candidates. In fact,

Governor of Chelyabinsk Region Petr Sumin decided to allocate 100 million RUR to Chelyabgortrans so that the municipal public transport organization could pay off its debts to electricity and heating suppliers, the spokesperson for the Governor reports. ‘We can’t let Chelyabinsk dwellers freeze themselves to death while waiting for buses and trams that won’t come on time. The city’s public transport system must be failure-proof,’ Sumin said. According to the regional minister for construction, roads, and infrastructure Viktor Tupikin, the money allocated from the region’s budget will allow