A verdict of guilty was recently returned upon a Yekaterinburg-based pirated videos trader; the public prosecutor, who insisted upon the sentence, explained the offender had done large-scale damage to the copyright holders, the district division of the Russian Federation General Prosecutor’s Office reports. In the course of the court sessions, the prosecution provided exhaustive evidence of how the thirty-one-year-old Alexander Okunev had been selling pirated audio and video discs in a store in Griboyedov St. in Yekaterinburg since the fall of 2007. He used to buy the fake goods by wholesale

Despite the recent claims as to the restored air connection in Europe, two flights were called off in Yekaterinburg-based Koltsovo Airport on April 23, 2010. These were Yekaterinburg-Helsinki and Yekaterinburg-Frankfurt flights, the airport’s online announcement board states. All in all, eight flights were cancelled in Koltsovo in one week due to the eruption of Eyjafjallajökull, the volcano located within 200 km of Reykjavik, Iceland.

The Russian Union of Industrialists and Entrepreneurs declared the results of its Best Russian Enterprises contest for 2009. The winners and the nominees received their awards during the Russian Business Week (which is the Union’s key event in the field of state-private cooperation). OAO Magnitogorsk Iron & Steel Works (MMK) won the competition in the Best Innovational Project category, the company’s PR Department reports. Last year, MMK completed a major investment project on putting up a hi-tech plate iron production facility on its premises. This plate iron is popular with the O&G

On April 8, 2010, the interest rate for Magnitogorsk Iron & Steel Works (MMK) BO-05 bonds was determined in the course of a tender. The bonds total to 8 billion RUR and are to be in circulation for 1,092 days (three years). Under the conditions of the bond issue, no en-route offers are provided; the coupon period comes to 182 days. The potential investors placed over 14.5 billion RUR worth of bids for the tender, which meant the issue was oversubscribed by 1.8 times. According to the results of the tender, the interest rate for the first coupon of MMK’s bonds was set at 7.65% a year,

A continuous hot galvanizing unit produced by the Italian Danieli & C. Officine Meccaniche SpA was launched at MMK- Atakaş in Iskenderun, Turkey recently. The new unit’s estimated capacity comes to 450,000 tons of zinc-coated rolled products a year. These goods are to be both sold and used at some further manufacturing stages on a polymeric coating unit. Now this unit, launched on January 15, 2010, has a capacity of 200,000 tons of goods a year. According to MMK’s PR Department, their MMK-Atakaş project is being implemented in accordance with the schedule. At the final stage, MMK-Atakaş’s

A verdict of guilty was recently returned upon a Yekaterinburg-based pirated videos trader; the public prosecutor, who insisted upon the sentence, explained the offender had done large-scale damage to the copyright holders, the district division of the Russian Federation General Prosecutor’s Office reports. In the course of the court sessions, the prosecution provided exhaustive evidence of how the thirty-one-year-old Alexander Okunev had been selling pirated audio and video discs in a store in Griboyedov St. in Yekaterinburg since the fall of 2007. He used to buy the fake goods by wholesale

Despite the recent claims as to the restored air connection in Europe, two flights were called off in Yekaterinburg-based Koltsovo Airport on April 23, 2010. These were Yekaterinburg-Helsinki and Yekaterinburg-Frankfurt flights, the airport’s online announcement board states. All in all, eight flights were cancelled in Koltsovo in one week due to the eruption of Eyjafjallajökull, the volcano located within 200 km of Reykjavik, Iceland.

The Russian Union of Industrialists and Entrepreneurs declared the results of its Best Russian Enterprises contest for 2009. The winners and the nominees received their awards during the Russian Business Week (which is the Union’s key event in the field of state-private cooperation). OAO Magnitogorsk Iron & Steel Works (MMK) won the competition in the Best Innovational Project category, the company’s PR Department reports. Last year, MMK completed a major investment project on putting up a hi-tech plate iron production facility on its premises. This plate iron is popular with the O&G

On April 8, 2010, the interest rate for Magnitogorsk Iron & Steel Works (MMK) BO-05 bonds was determined in the course of a tender. The bonds total to 8 billion RUR and are to be in circulation for 1,092 days (three years). Under the conditions of the bond issue, no en-route offers are provided; the coupon period comes to 182 days. The potential investors placed over 14.5 billion RUR worth of bids for the tender, which meant the issue was oversubscribed by 1.8 times. According to the results of the tender, the interest rate for the first coupon of MMK’s bonds was set at 7.65% a year,

A continuous hot galvanizing unit produced by the Italian Danieli & C. Officine Meccaniche SpA was launched at MMK- Atakaş in Iskenderun, Turkey recently. The new unit’s estimated capacity comes to 450,000 tons of zinc-coated rolled products a year. These goods are to be both sold and used at some further manufacturing stages on a polymeric coating unit. Now this unit, launched on January 15, 2010, has a capacity of 200,000 tons of goods a year. According to MMK’s PR Department, their MMK-Atakaş project is being implemented in accordance with the schedule. At the final stage, MMK-Atakaş’s