UrBC, Magnitogorsk, Chelyabinsk Region, April 16, 2012. In 2011, Magnitogorsk Iron & Steel Works (MMK) spent 73.8% more money on environmental projects on the previous year: the figure came to 3.886,7bn RUR, the company reports. Reducing its harmful impact on the environment is one of MMK’s strategic goals. This is achieved through switching to modern technological processes, launching green facilities based on the best technologies available, and disposing of obsolete machinery. Last year, the company’s gross pollutant emission came to 220,500 tons, with the figure being the same as the

The large-scale supply of new tanks to the Russian military forces will start in 2017; the tanks will be produced by Uralvagonzavod Scientific Production Corporation using Armata, a main battle platform, Deputy Head of Russian Government Dmitri Rogozin reports. The enterprise’s management announced earlier that the new Russian tank Armata would go into mass production in 2015 and that the Russian Federation Armed Forces would have received 2,300 units by 2020, RIA Novosti says.

UTair Engineering finished the year off with the net loss figures that were 11 times higher than those for a year earlier and thus came to 1.07bn RUR, the company’s report states. At the same time, the company’s sales revenues rose by 17.8% and reached 3.4bn RUR. ‘UTair Engineering operates within the approved budget and in accordance with its upgrades and development plan. We keep expanding our production, upgrading the machinery, and mastering the new types of aircraft,’ Interfax-Ural refers to the air carrier’s Deputy DG for Financial Issues Sergey Yemelyanov as saying.

UrBC was informed that the Yekaterinburg-based RED (Real Estate Development) Group might be soon sold by auction. This group of companies was set up in 2005 through a merger of a few real estate businesses. RED Group of Companies comprises an investment company, a construction company, and a management company. The group is currently running over twenty projects, the key ones being A Class business centers Palladium, Senate, and President and a Class B+ business center called Galleon. The company itself denies the possibility of the business being offered for sale. ‘Any rumors of such sort

‘Concern Kalina does not offer its stockholders a hundred percent guarantee that their shares will be safe; in fact, the shares could actually be used for some illegitimate transactions,’ Yulia Kulikova, the lawyer of Concern Kalina’s shareholder Igor Platonov, explained to UrBC after Sverdlovsk Region Arbitration Court had rejected Platonov’s claim in the course of the hearing. Now Platonov placed his claim against VTB Registrator with Sverdlovsk Region Arbitration Court, demanding that the entry made in his account 6838, opened in the name of Igor Ivanovitch Platonov, be declared invalid.