Governor of Chelyabinsk Region Petr Sumin held a meeting on the problems of local mining towns and the prospects of the region’s coal mining industry. The meeting was attended by First Deputy Governor Vladimir Dyatlov, mayors of Kopeisk, Korkino, and Yemanzhelinsk, and General Director of Chelyabinsk Coal Company Konstantin Strukov. The agenda of the meeting contained issues related to the socioeconomic situation in the local mining towns and to the performance of Chelyabinsk Coal Company. Governor Sumin was mainly interested in the unemployment rates and the efficiency of measures taken to

‘We first considered building a third extension to Greenwich Trade & Entertainment Center three and a half years ago. A year later, the construction process began. About 2.5 million RUR has been spent on the new building, of which about 40% came from our own funds, while the rest was borrowed from Raiffeisen-Bank. Remarkably, once the recession has kicked in, we actually started paying less on this loan, as our interest rate was LIBOR-dependent,’ the co-founder of 73 Malyshev St Society Igor Zavodovskiy said at a press conference devoted to the opening of Greenwich Trade &

Sverdlovsk Region Arbitration Court began considering the claim laid by Bank VTB’s Yekaterinburg subsidiary against Rostransavto. The plaintiff demands that the defendant be declared bankrupt. The bank insists that Rostransavto is unable to meet its creditors’ claims, as its debts outstrip the cost of its assets. Rostransavto is a large business dealing in the supplies of road construction appliances, freight vehicles, communal housing services and warehouse machinery, and spare parts to the customers based in the Urals and Siberia. The company is also the official dealer of TK Kommash,

Polaris chain stores located at 99 Lenin St and 8d Vosmoye Marta St in Yekaterinburg recently closed down. Nevertheless, the company still provides its earlier customers with warranty services locally. The country-wide computer chain store was founded in 1998 and comprised over fifty outlets in various Russian regions. The company’s core business activity was focused on the retail sales.

‘We have already signed sixty-one rental contracts, which covers 100% of Alatyr Mall shopping area. However, our tenants did not expect us to open the mall on time, so most of them are still unprepared to move in their new stores. Adidas, for example, is not going to start working before New Year,’ head of TEN Development Management Company and project investor Sergey Trofimov announced at a press briefing in Yekaterinburg. The briefing was dedicated to the recent launch of Alatyr Mall. ‘We are planning to open 61% of shops in January; by February, the figure will have risen to 80%, and by

Bank VTB’s Yekaterinburg branch placed its application with Sverdlovsk Region Arbitration Court, asking that Gora Volchikha Ski Resort be declared bankrupt. The bank originally laid a claim against Mikhailov Enterprise and Gora Volchikha Ski Resort as early as in the summer of 2009. The bank then insisted on being paid 63.52 million RUR. The court agreed to have the defendant’s mortgaged property – the artificial snow-making equipment and four lifting devices – arrested and forbade Mikhailov Enterprise, RevdaDorStroy, and other parties to take any action aimed at alienation of disputed assets.