UrBC, Yekaterinburg, December 9, 2010. Lufthansa’s flight LH 1480 from Frankfurt to Yekaterinburg was cancelled today, Koltsovo Airport’s interactive announcement board states. The plane was to have landed in Yekaterinburg at 6:45 AM, but the arrival was first put off till 9:50 AM and then called off altogether. This naturally means that flight LH 1481 from Yekaterinburg to Frankfurt was also cancelled; the aircraft was supposed to have taken off in Koltsovo first at 9:10 AM and then and 10:30 AM. The airline’s press service reports the flight was called off because of bad weather in

UrBC, Yekaterinburg, December 9, 2010. Alfa-Bank placed an application with Sverdlovsk Region Arbitration Court: the bank insists that OOO Ural Power Machine-Building Plant be declared bankrupt, the court’s press officer reports. ‘We received an application to this extent. The case has not been accepted for a court hearing yet, we have five days to consider the claim,’ the press officer explains. Now the plant happens to be the core production site for Teploenergoservice group. The plant is located on the premises of Uralmash techno-park in Yekaterinburg, with the total production area of all

UrBC, Yekaterinburg, December 9, 2010. Rive Gauche, a perfume and cosmetics chain store might buy the Russian branch of the German Douglas Rivoli. The chain controlled by Oleg Boiko is currently one of the businesses that are most likely to take over Douglas, Kommersant reports. Douglas operates one store in Yekaterinburg at the Park House Mall. OOO Douglas Rivoli that runs thirty-one stores in Russia altogether announced in the fall of 2010 that it was planning on selling the business. Taiga Capital, an investment company, was asked to look for a customer. The offer first interested Alcor

UrBC, Yekaterinburg, December 9, 2010. OAO Second Freight Company will start operating in the second half of 2011 at the earliest, the company’s General Director Vitaly Evdokimenko announced in the course of a meeting dedicated to Sverdlovsk Region’s freight haulers with the Russian Railways. ‘The company is expected to reach its full operational capacity in the summer,’ he said. The businessman explained that during the transition period, the freight company’s fleet will b operated by a territorial center for transport service under an agency agreement. It was also reported in the course of

UrBC, Yekaterinburg, December 8, 2010. The delegation of Latvian officials suggested that Yekaterinburg businesspeople invest in the republic’s economy. A delegation from Riga headed by the city’s mayor Nil Ushakov arrived in Yekaterinburg recently. The Latvian officials coordinated a business seminar for the representatives of the Urals’ business community. ‘Building up on economic cooperation with the Russian provinces is an important part of our work. We are greatly interested in the Ural Region; we support the local food manufacturers and are willing to deliver our foods here. We also see