HomeMaterials for 12.04.2012
12 April 201217:53

MMK’s two projects okayed within Kyoto Protocol

UrBC, Magnitogorsk, Chelyabinsk Region, April 12, 2012. The Russian Federation Economic Development Minister Elvira Nabiullina’s decree laid out the list of projects that comply with Article 6 of the Kyoto Protocol in accordance with the UN Framework Convention on Climate Change. This list comprises two projects run by Magnitogorsk Iron & Steel Works (MMK). One of the approved projects has to do with production of slab ingots through electric steel smelting, while the other one deals with the launch of new agglomerate production technologies and the new techniques of charging furnaces at
12 April 201209:37

FAS allows Rolsy to buy 63.16% stake in Euro-Asian International Transport & Logistics Center

Sverdlovsk Region division of Russia’s Federal Antimonopoly Service sustained the petition placed with the agency by Rolsy (a freight forwarder based in Yekaterinburg). Rolsy wanted to purchase a 63.16% shareholding in Euro-Asian International Transport & Logistics Center (a Yekaterinburg-based business dealing in development, expert examination, and maintenance of investment projects). The division looked into the petition and found no threats to limiting competition, so it was decided to let Rolsy go ahead with the transaction.
12 April 201209:37

Bank Intesa loses court case in Yekaterinburg

Radio Equipment Plant managed to make Bank Intesa pay them 771,860 RUR (the money classed as the bank’s unjustified enrichment after the lending institution charged the plant a commission for the early repayment of loans). The plant placed a claim with Sverdlovsk Region Arbitration Court, demanding that the bank pay them 1.28m RUR; the two parties arrived at a voluntary settlement in the course of the hearing, under which the bank admitted its debt (771,860 RUR). Bank Intesa promised to pay the sum by April 15, 2012.
12 April 201209:36

Uralets’s DG Potekhin: Ministry’s claim is nothing but string-pulling

The Director-General of Uralets Entertainment Center Vyacheslav Potekhin disagrees with the stance taken by Sverdlovsk Region Ministry for Public Property Management and claims the ministry’s actions should be seen as exerting pressure, through administrative levers, upon the center in order to make them sign an agreement, he told UrBC. Now Sverdlovsk Region Ministry for Public Property Management and the Ministry’s Executive Directorate intend to get Uralets to hold a general shareholder meeting, through a court ruling if necessary. The claim to this effect, asking to proclaim the ministry’s
12 April 201209:36

NPO Avtomatiki vs UOMZ ends in out-of-court settlement

The clash between NPO Avtomatiki, a scientific & production association, and Ural Mechano-Optical Plant (UOMZ) ended in an out-of-court settlement in Sverdlovsk Region Arbitration Court. Now NPO Avtomatiki went to court with a claim demanding that the defendant pay them 4.58m RUR (the principal and the interest charged for using another party’s funds). In the course of a court hearing, the parties announced they had reached a voluntary settlement and asked the court to confirm it. As a result, UOMZ admitted owing 4.49m RUR to NPO Avtomatiki. The two parties agreed that the defendant would
12 April 201209:36

Ural Builder fails to get Uraltransmash’s accounts seized

Ural Builder LLC was unable to get Uraltransmash’s accounts seized: Sverdlovsk Region Arbitration Court rejected the company’s petition to that effect. Now Ural Builder placed a claim asking to make Uraltransmash make an advance payment (7.31m RUR) and the interest charged for using another party’s funds (150,730 RUR) with the court. At the same time, the plaintiff asked to take provisional measures, that is, to seize the defendant’s funds, including those getting transferred into the defendant’s bank account, or any other property of the defendant. When submitting the petition, the plaintiff