Yekaterinburg Municipal Duma deputies looked into the city’s budget for the first half of 2012 at a Budget & Economic Policies Committee meeting. The city’s revenues amounted to 15.459bn RUR, which comes to 51% of the year’s adopted target figures. Expenses came to 13.819bn RUR, or to 43.5% of the expected figure for this year, the Duma’s press service reports. These figures are greater than those for the first halves of the last eleven years. In the first half of 2012, the positive trend in the city’s economic growth still holds. ‘The only exception is the amount of construction jobs

The former director of OAO YugraGaz was found guilty of bribe-taking, the public prosecution authorities of Khanty-Mansiysky Autonomous Region Yugra report. Yugra District Court pronounced the verdict of guilty upon the company’s ex-director, who was found guilty of a crime described in Article 204 (part 3) of Russia’s Criminal Code (commercial bribery, that is, illegally accepting money for acting in the interests of the money-giver on the part of a person who holds a managerial position at a for-profit company and can facilitate things due to his or her position). It was determined by the

In August 2012, Magnitogorsk Iron & Steel Works (MMK) home market shipments amounted to 710,000 tons of metal goods. According to MMK Deputy DG for Sales Nikolai Lyadov, this figure sets a historic record for the company and is actually greater than what the company managed to achieve in the Soviet times. ‘We nearly reached these figures as early as 2008, but the start of the recession prevented our plans from coming true. Today, four years later, our domestic market deliveries have exceeded 700,000 tons of metal goods. This results from the enterprise getting focuses on the Russian

A memorandum on cooperation was signed by OAO Uralvagonzavod Scientific & Production Corporation and AO Kazakhstan Engineering Scientific Corporation in the course of the 9th Russia-Kazakhstan Interregional Cooperation Forum on September 19, Uralvagonzavod’s press service reports. The memorandum provides for the creation of a joint venture for armored vehicles repairs and upgrades in the Republic of Kazakhstan. The two parties confirmed their intentions to implement the said project and fixed the dates and the implementation stages in the memorandum. The signing of this cooperation

Uralvagonzavod Scientific & Production Corporation has taken part in Africa’s largest civil and military aviation and ammunition exhibition Africa Aerospace & Defence — 2012 for the first time this year; the fair opened in the South African Republic on September 19. The corporation is presenting its two life-size armored vehicle samples there. Experts believe this demonstration will be the show’s main feature this year. Over a hundred various firms and companies from the world’s leading powers, including Russia, Great Britain, France, Germany, and the USA are presenting their vehicles