Ural State University of Economics was unable to explain the fact that the college funds were used to buy an expensive Lexus car. According to the website dedicated to state purchases, the university recently completed a purchasing transaction involving a Japanese car that cost 3.75m RUR. It has been reported off the record that the automobile in question happens to be the Lexus that the university Rector Mikhail Fedorov uses. No comments,’ USUE press officer Olga Kulakova told UrBC. Meanwhile, Yekaterinburg dwellers were informed a little while earlier that the university violated the fire

Pipe Metallurgical Company (TMK), one of the world’s leading manufacturers of tubing products for the oil and gas industry, reports its premium thread connections TMK PF have been successfully certified for compliance with the ISO 13679 CAL IV requirements. The certification audit was carried out at Oil States Industries in Aberdeen, Great Britain, where the world’s largest O & G companies’ produce get certified, TMK press service reports. The testing was performed by TMK-Premium Service that has actually tested TMK’s produce for compliance with the ISO 13679 CAL IV standard for the first

1.79m passengers used the services of Ural Airlines in the year 2010, with the company’s aircraft performing a total of 16,650 flights, the airline’s press service reports. Ural Airlines is now one of Russia’s Top10 air carriers in terms of passenger turnover. The company’s fleet of vessels is mainly comprised of the modern and comfortable Airbus planes: the carrier currently uses seventeen such planes (twelve A320 ones and five A321 ones).

Russia’s Federal Financial Markets Service’s Ural Federal District division ruled on June 14, 2011 (Order 62-11-681/pz-i) that the emission of Sverdlovsk Region-based Euroleasing’s ordinary registered uncertificated shares should be halted.

Standard & Poor’s affirmed the ratings of Russia’s major producer of dairy foods and fruit juices Wimm-Bill-Dann Foods (WBD) at BB+ (the long-term credit rating) and ruAA+ (the national scale rating) as well as the rating for the company’s bonds. We are now calling the ratings off at WBD’s request. At the time of the calling-off, the rating outlook stood at Positive, which means the rating could actually be promoted due the synergizing operational effect and the positive trends in the company’s financing after it has been transferred 100% to PepsiCo Inc (A/Stable/A-1),’ the rating agency