Magnitogorsk Iron & Steel Works (MMK) keeps introducing more facilities for the production of zinc-coated rolled metal products. This news was announced by Sergey Pikalov, Senior Manager for Coated Metal & Tin Sales from MMK Trade Sales Department, at the 7th international conference on galvanized and paint-coated rolled metal goods in Moscow. MMK’s coating shop currently operates two continuous hot-dip galvanizing units with the capacity of 500,000 and 450,000 tons of goods a year. The units were supplied by the Italian firm Danieli and were launched in 2002 and 2008. Over 5m tons of

Uralburmash made 913,000 RUR worth of net profit (calculated in accordance with the Russian Accounting Standards) in 2011, which was 11.8 times less than in 2010, the company’s report states. The enterprise’s revenues rose by 5.7% and came to 821.26m RUR, Interfax-Ural reports.

Russia’s Ministry for Economic Development invited the member enterprises of Sverdlovsk Region Union of Industrialists & Entrepreneurs to take part in the organization of an economic and investment opportunities demonstration center for Russian regions on the premises of Russia’s Trade Representation in Germany. The center will be located at 61 Unter-den-Linden St in Berlin, in the buildings run by Russia’s Trade Representation in Germany. ‘This is an opportunity to present the Russian companies’ demonstration stands, booklets, and samples of export-oriented produce,’ Sverdlovsk Region

The Supreme Court of the Czech Republic put an end to a court trial involving the former head of Yekaterinburg Non-Ferrous Metals Processing Plant Nikolai Timofeyev and the U.S.-based B&H Instruments LLC: Timofeyev was, after all, declared insolvent, Kommersant-Ural says. B&H Instruments LLC insisted that the businessman be declared bankrupt as he failed to meet his contractual obligations relating to paying back a loan amounting to 15m Czech korunas (about $1m). According to the court files, his American partner company lent Timofeyev the money in July 2007 so that the businessman

The Polish Embassy will set up eight visa centers (in Vologda, Khabarovsk, Novosibirsk, Kazan, Rostov-on-Don, Omsk, Yekaterinburg, and Smolensk) by July 2012. According to the Ambassador Extraordinary and Plenipotentiary of Poland to Russia Wojciech Zaj№czkowski, the decision was made in order to give the chance to visit the republic to as many people as possible. ‘We operate three Consulates-General in Russia and a consular section at the embassy in Moscow. Even though we issued over 160,000 visas last year, we came to the conclusion that the current network is too small for Russia, for an

The founder of a white goods and electronic appliances chain store Rafael Shikhov is no longer on Yekaterinburg Municipal Bank’s list of Anti-Partners (people who failed to meet their obligations towards the bank); however, the businessman has not paid off its debts to the bank yet. ‘Rafael Shikhov is still one of our debtors. The businessman and his organization still haven’t paid off their debt to the bank,’ Assistant to the bank’s President Igor Vassilyev told UrBC. Now the municipal Duma deputy Rafael Shikhov used to be on the list of those who failed to meet their obligations towards the