HomeMaterials for 17.08.2011
17 August 201110:31

Yugra’s Oil Output Goes Down

Ural Federal District’s industrial production index kept going up in January-June 2011, and the increase in the industrial production growth rates came to 1.9% (against January-June 2010). This information is available from the report presented to Plenipotentiary Representative of Russian Federation President in Ural Federal District Nikolai Vinnichenko. The data will soon be discussed at the upcoming meeting of the district’s anti-recession committee. The fact that the production growth mainly results from the success of the processing industries is seen as a good trend. In January-June
17 August 201110:31

Uralvagonzavod’s Profitability Declines

Uralvagonzavod Scientific & Production Corporation announced it performance results recently. The company’s revenues reached 30bn RUR in the first half of 2011, its gross profit amounted to 8.11bn RUR, while its net profit exceeded 3.66bn RUR. All these figures are better than those for the first half of 2010. The increase in revenues, the issuer reports, was brought about by great demand for the enterprise’s carriage-making division’s produce. At the same time, the profitability of the plant’s produce decreased down to 18.3%. Uralvagonzavod explains this stems from the growing prime cost.
17 August 201110:30

Sverdlovsk Region Officials to Hold in Camera Meeting on EXPO 2020

An in camera meeting dedicated to the city’s World Exhibition EXPO 2020 application campaign will be held in Yekaterinburg today. Now Russian President Dmitri Medvedev has already announced his official decision that it is the Urals’ capital Yekaterinburg that will compete for the honor of hosting the exhibition in Russia. The meeting will be attended by Governor of Sverdlovsk Region Alexander Misharin, First Deputy Head of Sverdlovsk Region Government and Minister for Investments & Development Mikhail Maksimov, professor of the Academy of Architecture in Mendrisio (University of Lugano,
17 August 201110:30

Sela Stores in Yekaterinburg Quit Svyaznoy-Club Program

Starting October 1, 2011, the clothes chain Sela will only support its own loyalty scheme. The company left Svyaznoy-Club program and stopped adding and deducting bonus points for the program’s cardholders, Retailer.Ru reports. All Svyaznoy-Club cardholders are welcome to exchange their current cards for Sela’s club cards with a 5% discount with any purchase they make at the stores before October 1, 2011. The new club cards will be offered in Sela stores in Moscow, Saint Petersburg, Kazan, and Yekaterinburg. The company chose not to explain the reason for leaving Svyaznoy-Club program.