A tender aimed at deciding on the interest rate on the first coupon of Magnitogorsk Iron & Steel Works (MMK) bonds (Series BO-08, totaling to 5bn RUR, in circulation for three years and with an eighteen-month offer period) was coordinated yesterday. The bond issue is now listed in MICEX Quotation List B. Investors made over 13bn RUR worth of bids altogether, which means the issue was oversubscribed by more than 2.5 times. All in all, 137 bids were submitted in the course of the tender. In the end, the interest rate on the first coupon of MMK s bonds was set at 8.19% a year, which was in

Tyumen Region Arbitration Court sustained the claim placed by Rosimuschestvo against UTair Aviation Company; the state agency denied the airline’s ownership rights over the airfield of Plekhanovo Airport in Tyumen, the Russian Agency for Legal & Court Information reports. The court also confirmed the Russian Federation’s ownership rights over the air field, whose total area comes to 98.7 hectares. The claim was placed with the court by Khanty-Mansiysky Autonomous Region Yugra division of the Federal Agency for State Property Management (Rosimuschestvo). The defendant asked the court to

Х5 Retail Group is not planning to sell its Karusel supermarket chain to Wal-Mart, Interfax reports. The company’s analysts sent out a letter that states the retailer is not negotiating for the sale of the chain. In fact, the company’s CEO Andrei Gusev also informed Interfax earlier that the X5 had no intention of selling Karusel and was actually planning on developing the chain further in order to make the business even more efficient. The Group runs three Karusel stores in Yekaterinburg: in Park House, ComsoMALL, and Alatyr shopping malls.

Ural Airlines is planning to suggest that Sverdlovsk Region authorities co-pay the international flights that are not fully sold out, the air carrier’s Director-General Sergey Skuratov told Interfax-Ural. He said this kind of state-private cooperation was practiced in Chelyabinsk Region, where flights from Chelyabinsk to Harbin and from Chelyabinsk to Vienna receive regional budget subsidies. ‘Subsidies decrease as the seat occupancy goes up. At some point, there comes a moment when subsidies are cut out as the passenger load factor reaches a certain level that ensures a positive balance

Ural Federal University is trying to prevent the registration of the domain name urfu.ru with the help of Sverdlovsk Region Arbitration Court. Russia’s First President B.N. Yeltsin Ural Federal University placed a claim against Oleg Bartov and a company called Domain Name Registration. The university representatives insist that Oleg Bartov be forbidden to use the name of urfu in the domain name urfu.ru within the Web and that Domain Name Registrator REG.RU stop registering urfu.ru in the name of Oleg I. Bartov. The court hearing has been set for February 21, 2012. As a matter of fact, the

Chelyabinsk Iron & Steel Works dumped 62,900 tons of pollutants in the air in 2010. This discharge figure was the one of the largest among all of Chelyabinsk Region-based enterprises in 2010. These data are available from the public report on the state of and protection of the environment in the Russian Federation in 2010. The public report on the state of and protection of the environment in the Russian Federation in 2010 was prepared by Russia’s Ministry for Natural Resources & the Environment in cooperation with the NGO International Projects Center, the interested ministries,