HomeMaterials for 05.06.2012
05 June 201209:20

Ural Airlines, Amadeus Sign Long-Term Partnership Agreement

Ural Airlines (one of Russia’s top seven air carriers) and Amadeus, the global tourist & air travel industry’s leading technological partner and processing operator, signed a long-term technological partnership agreement that provides for the delivery and launch of a new-generation passenger service system, the airline’s press officer reports. The step-by-step conversion to Amadeus’s new technological platform will begin in 2013. Under this large-scale cooperation agreement, Ural Airlines will start using a full-scale version of Amadeus Altea platform, including ticket booking modules and
05 June 201209:19

Anna Chernysheva: Court to Keep Looking into Raduga’s Case

The court hearings related to the construction of Raduga Retail Park in Yekaterinburg’s Verkh-Isetsky District will go on, Partner at Legal Interests Group of Companies Anna Chernysheva told UrBC. Now Yekaterinburg Municipal Duma Deputy Maxim Petlin, whose interests Ms Chernysheva represented, was unable to prove in Sverdlovsk Region Arbitration Court that the city council’s decision to allocate a land allotment for the park had been illegitimate. ‘The court claims the only way to allocate an allotment is through signing a primary rental contract. We feel, however, that a change in the way an
05 June 201209:19

Avtoprodiks Gets Involved in Avtofrans’s Case in Yekaterinburg

Saint Petersburg-based Avtoprodiks had to be involved in the hearing of a court case related to the debts of Yekaterinburg-based Avtofrans. This decision was made by Sverdlovsk Region Arbitration Court. Yekaterinburg Administration asks the court to make Avtofrans pay them the rent for a land allotment (September 2010 to December 2011, a total of 2.85m RUR plus late fees for the period between September 11, 2010 and February 29, 2012, a total of 723,160 RUR). It follows from the defendant’s response that on July 2, 2009, Avtofrans and Avtoprodiks, Saint Petersburg, signed a purchase and sale
05 June 201209:18

Yekaterinburg’s Innoprom Stand to Present City as Global Events Venue

Yekaterinburg’s stand at the upcoming Ural International Exhbition/Forum of Industry & Innovations Innoprom 2012 will be presenting the region’s capital as the place where globally important events take place. The stand will present the major international events that the city is expected to host in the next few years: the world computer programming championship 2016, the World Cup 2018, and the World Universal Exhibition EXPO 2020. In the twenty-first century, Yekaterinburg sees itself not only as the region’s center and the capital of Ural Federal District, but also as a major Russian
05 June 201209:18

Home Credit & Finance Bank’s Net Profit Drops 24.3%

Home Credit & Finance Bank, a business specializing in consumer lending, decreased its net profit (calculated in accordance with the IAS) by 24.3% in the first quarter of 2012 compared with a year earlier; the figure reached 2.4bn RUR. This had to do with the bank’s expenses related to the expansion of branch network and IT infrastructure, the bank reports. The company’s operating profit rose by 33.1% in January-March 2012 and came to 10bn RUR, RIA Novosti reports. Despite the market inertia typical of the first quarter of the year, Home Credit & Finance Bank managed to increase its