HomeMaterials for December 2011 year
29 December 201109:17

Goldman Sachs: Time to Take BRIC off Investment List

The BRIC countries have to be taken off the list of investment goals: the time for this group’s intensive growth is now over, Goldman Sachs warns. BRIC will come to be replaced by a set of eleven most densely populated developing countries, Gazeta.Ru reports. ‘We have witnessed the peak in BRIC’s growth. Over the last decade, the mere idea of BRIC has been enough to attract investments. It is much more difficult now to believe that just having the faith in their future growth is enough to get these investments,’ says Goldman Sachs economist Dominic Wilson in his review on the BRIC countries
29 December 201109:17

Adidas, Reebok, Sochi 2014, Louis Vuitton, Chanel Pirated Most Often, Tyumen Customs Says

Workers of Tyumen Customs and officers of Tyumen Region division of the Internal Affairs Department have confiscated over 4,600 units of counterfeit goods since the beginning of 2011, the spokesperson for Ural Customs Administration reports. Now throughout the year, the customs and the police officers coordinated weekly joint searches aimed at finding counterfeit products on the territory of Tyumen Region in Ishim, Tobolsk, and Tyumen. Among the confiscated goods were fake Adidas, Reebok, Sochi 2014, Louis Vuitton, and Chanel items as well as toys such as Bakugan and Moxie girls and DVDs.
29 December 201109:16

UTair’s Boeing Performs Emergency Landing in Tyumen

UTair Airlines’ Boeing flying from Novosibirsk to Moscow had to perform an emergency landing at Roschino Airport in Tyumen. ‘The plane performed an emergency landing because of a flight attendant who was not feeling well,’ Tyumen Public Prosecution Authorities for Transportation’s Chief Assistant Natalya Bondarenko told Interfax-Ural on Wednesday. There were 126 passengers and six crew members on board the plane; no one was hurt. This is actually not the first time UTair’s airplanes get involved in the incidents of such sort: in the fall, the air carrier’s planes had to perform a whole series
29 December 201109:16

Hilton Excludes Yekaterinburg from Russian Expansion Program

The hotel chain that currently runs three hotels in Russia (Hilton Moscow Leningradskaya, Hilton Garden Inn Perm, and DoubleTree by Hilton Novosibirsk) and the Hilton Baku Hotel in Azerbaijan signed four new agreements and a multi-project deal on the development of the chain on the Russian market. Russia will get twenty-four Hilton Worldwide hotels altogether; Yekaterinburg was not on the list, Hoteldeluxes.com refers to the company’s press office as saying. Most of these prospective hotels will be put up in Moscow: Hilton Garden Inn Moscow New Riga, DoubleTree by Hilton Moscow Leningradsky
29 December 201109:16

Standard & Poor’s Promotes Sverdlovsk Region to BB+

The international rating agency Standard & Poor’s credit rating service promoted Sverdlovsk Region’s long-term rating from BB to BB+, with Stable rating outlook. ‘The rating was promoted due to the region’s financial performance indicators, which proved above our expectations and were caused by the increased budget revenues and some well-balanced control of the expenditure,’ the agency reports. The region’s solvency is also supported by its small debts, high liquidity indicators, and moderate financial performance indicators. ‘The Stable rating outlook indicates that we believe Sverdlovsk
28 December 201109:24

McDonald’s to Keep Expanding in the Urals

Next year, McDonald’s is planning to open up to fifty new restaurants in Russia, Retail.ru reports. The number of outlets operated by the company is expected to reach 310 before the end of the year, and this figure will increase by another 15% in 2012 when forty to fifty new places are launched. McDonald’s intends to keep expanding geographically, with restaurants to be opened in cities with population over a million people and in the regions’ capitals; in addition, more places will be opened in Moscow and Moscow Region, Saint Petersburg, the Urals, and the Volga Region.
27 December 201109:17

UBRD gets on Top50 list

The Profile magazine carried a rating of the largest banks in terms of net asset volume. The Ural Bank for Reconstruction and Development was given the 46th position on the list: its assets amounted to 93.13bn RUR on November 1, 2011. Last year, the bank scored the 47th position in the rating. As a matter of fact, the UBRD was also given good ratings among Russia’s most profitable banks at the end of November. According to RBC.Rating, the Ural Bank for Reconstruction and Development was the country’s 28th largest bank in terms of profit volume (this reached 1.8bn RUR on October 1, 2011, which
27 December 201109:16

Customer’s money missing from Alfa-Bank’s Yekaterinburg office

A large sum of a customer’s money went missing from Ural, Alfa-Bank’s Yekaterinburg office, the victim himself informed UrBC. ‘I decided to place 25,000 RUR into my Alfa-Bank card account on December 23. I used the cash-in ATM located in their Ural office right in the center of the city. Unfortunately, the money was not transferred into my account; nor did the ATM give me my money back,’ the bank’s customer told UrBC. According to the customer, the office clerks did admit that the trouble had most likely been caused by an ATM glitch and suggested that he should submit an official complaint.
27 December 201109:16

MOE: Firefighters, inquest authorities to determine causes of fire at Tagansky Ryad

The firefighters are now pouring water onto the scene of the fire at Tagansky Ryad market place and dismantling the burned-down structures there. Six firefighting vehicles and twenty-four people are involved in the proceedings. The causes of the fire are being investigated by the firefighting experts and inquest authorities, Sverdlovsk Region division of Russia’s Ministry of Emergencies reports. The fire at a warehouse at 1 Minometchikov St. was reported at 2:24 PM on December 25, 2011. Plenty of combustible material at the warehouse and a strong wind caused the fire to spread quickly. The
27 December 201109:16

Ural Airlines now runs 22 Airbus planes

Ural Airlines’ fleet of vehicles now numbers as many as twenty-two Airbus planes. The company’s ninth Airbus A321 arrived at Koltsovo Airport of Yekaterinburg yesterday. This was yet another stage in the airline’s fleet upgrade program. The new plane was bought on operational lease terms in Dublin, Ireland. Like the previous A321 planes, this one has 220 economy class seats. The air carrier intends to use it mostly for chartered flights. Ural Airlines also intends to upgrade its fleet of vehicles further by buying four more airplanes in 2012 and to operate thirty Airbus planes by 2015. The
27 December 201109:15

Most flights from Yekaterinburg are bound for Egypt, Czech Republic, UAE

929 flights will be operated from Yekaterinburg’s Koltsovo Airport during the holiday season, between December 25, 2011 and January 15, 2012. This includes 635 domestic flights, 294 international flights, 903 scheduled flights, and 27 chartered flights. The greatest portion of the international flights will be operated to Egypt (26 flights to Hurghada and 20 flights to Sharm El Sheikh), the Czech Republic (32 flights to Prague and 6 flights to Carlsbad), the United Arab Emirates (22 flights to Dubai and 8 flights to Sharjah), Thailand (21 flights to Bangkok and 5 flights to Phuket), and China
26 December 201109:35

Mikhail Maximov to act as Head of Government, Sverdlovsk Region Government says

Head of Sverdlovsk Region Government’s press officer Evgeny Kharlamov explained the facts behind First Deputy Head of Government Mikhail Maximov signing a governmental decree. ‘Mikhail Maximov is going to sign the regional government’s decrees while Anatoly Gredin is absent. This was the case on December 17, for example, when Maximov signed the decree regarding the state guarantees offered by Sverdlovsk Region to OAO Ural Exhibition Center in 2011. Anatoly Gredin was away on business in Moscow at that moment,’ Kharlamov said. In fact, Sverdlovsk Region provided Ural Exhibition Center with
26 December 201109:35

Russian Railways to build parking lot in Yekaterinburg

160 Russian railway stations will be fitted with the wireless Internet connection in 2012, Russian Railways’ press service reports. At the moment, twenty Russian railway stations can boast a Wi-Fi connection: the ones in Moscow, Moskovsky and Finlyandsky ones in Saint Petersburg, and the ones in Vologda, Nizhniy Novgorod, Vladimir, Cherepovets, Arkhangelsk, Yaroslavl, Pyatigorsk, Rostov, and Sochi, RZhD Partner reports. It is also reported that, in order to improve customer service for passengers and visitors to the railway stations, the baggage rooms have been converted to automated mode
26 December 201109:34

Khanty-Mansiysky Bank, Yugoria’s shareholdings to be privatized in 2012

The shareholdings of Khanty-Mansiysky Bank and of the insurance company Yugoria that currently belong to Khanty-Mansiysky Autonomous Region will be placed on the list of assets to be privatized in 2012, the region’s State Property Management Department informed Interfax. ‘The date of the auction aimed at selling the shares of Khanty-Mansiysky Bank will be announced in the first quarter of 2012; the auction aimed at selling Yugoria’s shares will take place approximately in April or May 2012,’ the Department said. The state-owned shareholdings of Khanty-Mansiysky Bank and Yugoria were initially
26 December 201109:34

Titanium Valley to hold road show in Switzerland, Italy, Finland, Canada next year

This year, the representatives of Titanium Valley Management Company coordinated over three hundred meetings with companies and enterprises based in Western and Northern Europe, Southeast Asia, the United States, and Canada which could become potential residents of the special economic zone. Among the most important events of this kind were taking part in such exhibitions as Hannover Messe in Germany, MIPIM in France, Titanium in the U.S., and Innoprom, Russian Expo Arms, and MAKS in Russia. Most of the promotion activities are expected to take place in 2012, when infrastructure work begins
23 December 201109:19

UBRD registers with Google+

The Ural Bank for Reconstruction and Development set up a web page with Google+, the new social network provided by the world’s best-known search engine. The address, now hosts photographs and videos about the bank as well as information on the bank’s services and links to popular products. In fact, the bank already runs two groups in Vkontakte, one group in Odnoklassniki, and a Twitter account. The regional SMM market experts speak very highly of the launch of the bank’s projects in the social network Vkontakte. According to a research done by the digital data agency DeltaClick (called Top
23 December 201109:17

Rostelecom is behind increase in telecommunication offenses, Tatiana Kolotova says

The number of violations of the antimonopoly legislation in the field of telecommunications is now on the rise in Sverdlovsk Region, Head of Russia’s Antimonopoly Service Sverdlovsk Region division Tatiana Kolotova said at a press conference. Kolotova pointed out that the increase in the number of offenses was due to Rostelecom. ‘We had to process four or five suits involving this company this year,’ the official added. In addition to telecommunications, power engineering, heat supply industry, and railway shipments are also common areas of the antimonopoly legislation abuse. ‘Every year,
23 December 201109:16

Sverdlovsk Region Government thanks Ural Airlines for charity work

Ural Airlines has received a letter of gratitude from Sverdlovsk Region Government once again; the letter was sent to thank the company for taking part in charity work, its great social responsibility, and providing immediate help for the financially challenged Russians in 2011. The benefactors’ awarding ceremony took place at the end of Charity Days coordinated in Sverdlovsk Region on December 6-21, 2011, Ural Airlines’ press office reports. ‘Your charity work promotes the revival of Russia’s great moral traditions,’ the letter from Sverdlovsk Region Government, Sverdlovsk Region Union of