UrBC, Magnitogorsk, Chelyabinsk Region, February 9, 2011. Magnitogorsk Iron & Steel Works (MMK) Mill 5000 has by now been fully engaged in terms of product orders. The mill produced 127,000 tons of hot-rolled goods in January 2011 against 112,000 tons last December, MMK reports. Now Mill 5000 projected capacity comes to 1.5m tons of rolled stock a year. ‘Our strategy is aimed at creating an up-to-date production site and launching new product types with high value-added that enjoy demand first and foremost in Russia. For one, MMK is now engaged in the implementation of the decade’s

A chemicals and pharmaceuticals plant based in Irbit, Sverdlovsk Region, has been found guilty of an administrative offense on the securities market. Russia’s Federal Financial Markets Service in Ural Federal District ruled that the plant is to pay 500,000 RUR.

Sverdlovsk Region Arbitration Court ruled on January 17, 2011 that OOO Ural Elevator-Making Plant should undergo bankruptcy proceedings, thus closing case А60-1521/2010-С14, Kommersant reports under its Insolvency Announcements heading. Vladimir Rudko, a member of Delo Self-Regulatory Organization of Independent Trustees in Bankruptcy Non-Commercial Partnership, was appointed the company’s trustee in bankruptcy.

We had to close the store down for a while. The place will welcome the visitors again later on,’ EMA furniture store told UrBC without setting any exact reopening dates. The local service of Russia’s Ministry of Emergencies received a phone call about a broken reserve cold water supply pipeline (width 1,000 mm) at 4 Pirogov St in Yekaterinburg. The emergency crew locked the damaged section of the pipeline out. Apartment buildings and socially important structures keep getting their cold water supply as usual. Five vehicles and the eleven-people municipal emergency team are now working on the

Moscow division of Russia’s Federal Antimonopoly Service imposed a one-million-ruble fine on National Bank Trust for its advertisements that read, ‘DEPOSITS at enormous interest’ and ‘LOAN is not scary’, the service’s press officer reports. According to the service, the two outdoor advertisements in question violated Article 5 (part 7) and Article 28 (part 1 (paragraph 2 (sub-paragraph 2))and part 3) of the Federal Advertising Act. For one, the ads violated Article 5 (part 7) of the Federal Advertising Act in that some of the information that is essential to the customer and the terms that