Governor of Sverdlovsk Region Alexander Misharin and Russia’s Deputy Economics Minister Oleg Savelyev signed an agreement on behalf of Russia’s Ministry for Economic Development and Sverdlovsk Region Government regarding the launch of Titanium Valley, a special economic zone in Verkhnyaya Salda; they also signed an action plan on the project implementation stages. ‘We are about to start designing a special economic zone, securing a land allotment for the project, and working on its infrastructure. These jobs are to be completed in 2012. We will also start signing our agreements with the

Russia’s Federal Financial Markets Service Ural Federal District division completed its desk audit of OAO Ural University Complex and OAO Ural Pharmaceutical Holding. At the end of the audit procedures, both companies were ordered to eliminate the detected violations of the Russian legislation and to prevent them in future.

Dexter, an air carrier that has arrived on Yekaterinburg air travel market recently keeps canceling flights from Yekaterinburg. The airline called off seven local area flights today, including flights 9627 from Yekaterinburg to Tyumen (departure time 9:35 AM), 9631 from Yekaterinburg to Kurgan (departure time 1:00 PM), 9653 from Yekaterinburg to Magnitogorsk (departure time 4:55 PM), and 9629 from Yekaterinburg to Tyumen (departure time 9:10 PM). This means that the return flights from Tyumen (arrival time 12:00 PM and 11:35 PM) and from Kurgan (arrival time 3:55 PM) were also called off. The

Several flights from Moscow still haven’t arrived at Koltsovo Airport of Yekaterinburg, the airport’s interactive announcement board states. For one, Nordavia-Regional Airlines flight 5H 743 was supposed to have arrived at 2:30 AM but was delayed until 12:30 PM. In addition, two Aeroflot flights SU 735 and SU 741 from Sheremetyevo Airport have been delayed by twenty and nine hours, respectively. Foreign air carriers’ flights also get delayed: Alitalia flight AZ 3784 was to have arrived at 5:50 PM yesterday but is actually only expected at 2:00 PM today. It has been reported that the flight

OAO Khanty-Mansiysky Bank’s Board of Directors decided to close down its Yekaterinburg representation. The Board members met to make the decision on December 24, 2010.