The issue of Sverdlovsk Region-based Ural Welding Materials Plant’s ordinary registered uncertified shares was halted by Order 62-11-1061/pz-I of Russia’s Federal Financial Market Service’s division in Ural Federal District on August 22, 2011.

The deputies of Sverdlovsk Region Duma approved of the changes in the region’s budget for 2011 relating to the allocation of 300m RUR to prepare an application for Yekaterinburg to take part in the exhibition EXPO 2020. The money will be obtained through reducing the outgoings of Mid-Urals Development Corporation.

Rosaviation will have to decide whether to renew Avianova’s aircraft operator certificate today, Kommersant reports. Head of the agency Alexander Neradko is to discuss the issue with the airline’s director Vladimir Gorbunov, Rosaviation states. Now Avianova’s current certificate (prolonged with ‘limitations’) will expire on August 29, 2011. The main certificate was valid through July 29, 2011 and had to be renewed until the year 2013, but Rosaviation only agreed to prolong this certificate by one month.

Russia’s Federal Antimonopoly Service signed an agreement with Total Razvedka Razrabotka Yamal (Total’s Russia-based daughter enterprise) in compliance with the law on foreign investment in strategic organizations, which allowed the service to give the company a preliminary approval of the transaction that involves the French company buying a 20.5% stake in Yamal-SPG, the FAS reports through its press service. Russia’s FAS and the French enterprise’s agreement ensures the latter party will meet the imposed obligations; this, and the requirements of the Federal Law 57-FZ, gave the antimonopoly

An autonomous non-profit organization is to be set up in Sverdlovsk Region to deal with the organization and submission of Yekaterinburg’s EXPO 2020 application. The organization will also work on setting up a coordination committee for the World Universal Exhibition. The company’s assets will probably comprise a voluntary donation of 10,000 RUR deducted from the region’s budget. Consequently, Yekaterinburg will be competing for EXPO 2020 through a company with only a token authorized capital. On the other hand, even the very first draft budgets for the application process strike one’s