In 2011, United Company RUSAL’s Polevskoy Cryolite Plant incurred 406.76m RUR worth of net losses, which was 2.4 times less than in 2010, Interfac Ural refers to the company’s report as stating. The enterprise’s revenues rose by 1.75 times in 2011 compared with 2010 and came to 1.55m RUR.

Evraz Plc made $453m in terms of net profit by the end of 2011, which was 3.6% less than a year earlier, the company’s press service reports. At the same time, Evraz’s revenues increased by 22.4% last year and amounted to $16.4bn. The company’s EBITDA went up by 23.3% and reached $2.89bn. The enterprise’s gross profit soared by 27.7% and came to $3.92bn, while its operating profit increased by 39.8% and came to $1.86bn; the pre-tax profit rose by 37.9% and came to $873m. As of December 31, 2011, the company’s total debt amounted to $7.2bn (compared with $7.8bn at the end of 2010). Its net

The Bank of Moscow’s Board of Directors decided to close down the bank’s representation in Frankfurt am Main, Germany, as well as its Syktyvkar subsidiary at 9 Pervomayskaya St in Syktyvkar.

‘We did receive a letter from Sverdlovsk Region public prosecution authorities. The letter has been registered, so now our priority case investigation department is looking into the application. We have to decide whether to institute criminal proceedings against the region’s Economic Affairs Minister Evgeny Sofrygin, who is suspected of violating the migration law through exceeding Sverdlovsk Region’s foreign workers quota for 2012,’ the official representative of Sverdlovsk Region division of Russia’s Investigative Committee Alexander Shulga told UrBC. Meanwhile, the public prosecution

Nomos-Bank Group came up with a performance report for 2011 (compiled in accordance with the International Accounting Standards), Kommersant says. The Group’s net profit reached 12.1bn RUR by the end of 2011 against 7.4bn RUR in 2010. Nomos-Bank is the key business within a group comprising five other banks: Nomos-Regionbank, Nomos-Siberia, Inbank, Khanty-Mansiysky Bank, and Novosibirsk Municipal Bank, as well as a number of non-financial organizations. The bank’s primary stockholders are ICT Group and the Czech Republic-based PPF Group. Напомним, ОАО «Номос-банк» является головной структурой