HomeMaterials for January 2011 yearPage 2
25 January 201109:15

Bank24.ru’s e-banking certificate expires

OAO Bank24.ru’s e-banking security certificate expired recently. Starting Friday, January 21, 2011, all of the bank’s e-users could only see a message notifying them that the security certificate was invalid when they tried to open i.bank24.ru service. ‘i.bank24.ru has been using an invalid security certificate. The service expired on January 21, 2011,’ the message reads. According to the customer manual, using e-banking services without a valid certificate is not totally safe. However, the bank’s system still suggests that the users keep on performing the transaction by clicking a button
24 January 201109:10

Vanadium gets on polluters list

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a negative impact on the environment and must be subject to environmental surveillance by the state. The decrees to this extent were signed in eighty-three federal constituencies, including Sverdlovsk Region, says the Ministry’s press service. For one, Vanadium, a Kachkanar-based ore mining and processing enterprise, has been placed on this list.
24 January 201109:09

Home Credit & Finance Bank’s net profit goes down in fourth quarter

The net profit of OOO Home Credit & Finance Bank decreased by 1.26 million RUR, or 37.88% in the last quarter of 2010, that is, from 3.34 million RUR in the third quarter of the year down to 2.01 million RUR in the fourth quarter, the bank’s official report states. The organization explains the drop in profits has to do with having to pay the third quarter’s tax and to make greater advance payments on profit tax.
24 January 201109:09

Uralvagonzavod gets on polluters list

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a negative impact on the environment and must be subject to environmental surveillance by the state. The decrees to this extent were signed in eighty-three federal constituencies, including Sverdlovsk Region, says the Ministry’s press service. For one, OAO Uralvagonzavod Scientific Production Corporation has been placed on this list.
21 January 201114:13

MMK delivers 500,000 tons of flats to OMK

UrBC, Magnitogorsk, Chelyabinsk Region, January 21, 2011. Magnitogorsk Iron & Steel Works (MMK) delivered 500,000 tons of flat stock made at the company’s Mill 5000 to United Metallurgical Company (OMK), MMK PR Department reports. These wide-measure sheets have been produced by MMK for Vyksunsky Metallurgical Plant (a member of OMK) since November 2009. The product is meant for making large-diameter pipes used in oil and gas pipeline construction. ‘OMK is our company’s strategic partner and one of our Mill 5000 flat stock key consumers,’ says MMK BOD Chairman Viktor Rashnikov. He says MMK
20 January 201114:13

MMK to trade ERUs

UrBC, Magnitogorsk, Chelyabinsk Region, January 20, 2011. Russia’s Ministry for Economic Development approved of a program for the introduction of electric steel-smelting technologies at Magnitogorsk Iron & Steel Works (MMK) as a JI project run in accordance with the Kyoto Protocol and the United Nations Framework Convention on Climate Change regulations. The result is that MMK is now the joint implementation project’s investor with a granted right to sell its emission reduction units (ERUs) in accordance with the Kyoto Protocol mechanisms. The JI project mechanism described in Article 6
20 January 201109:01

Bauerhof undergoes bankruptcy proceedings

Sverdlovsk Region Arbitration Court ruled on December 22, 2010 that ZAO Bauerhof (63 Gurzufskaya St. Yekaterinburg) is to undergo bankruptcy proceedings, thus resolving case А60-25401/2010-C14, Kommersant reports under its Insolvency Announcements heading. Evgeny Legalov, a member of Self-Regulatory Organization of Central Federal District Trustees in Bankruptcy Non-Commercial Partnership, was chosen as the company’s provisional trustee in bankruptcy.
20 January 201109:00

Uralelectromed on polluters list

Russia’s Minster for Natural Resources & Environment Yuri Trutnev confirmed the lists of Russia-based facilities that make a negative impact on the environment and must be subject to the environmental surveillance by the state The orders to this extent were signed in the territories of eighty-three federal constituencies, including Sverdlovsk Region, the Ministry’s press service reports. For one, OAO Uralelectromed based in Verkhnyaya Pyshma was placed on the list.
20 January 201109:00

Asmoto to break ties with Chrysler Group

OOO Asmoto will no longer be selling luxury cars and is switching to the less expensive KIA, the car show’s managers told UrBC. The company used to deal in selling Chrysler, Jeep, Daewoo, and Dodge makes before. ‘We are now gradually switching to KIA; it’s more of a ‘people’s car’ and it’s closer to the customers, the managers said. The reason behind this decision is the supply problems. ‘If we had the cars, as well as promotion and advertising, we would keep on selling these makes; the demand would be much greater then,’ it was said, even though it was admitted the supply was not the
20 January 201109:00

Heat network affects environment

Russia’s Minster for Natural Resources & Environment Yuri Trutnev confirmed the lists of Russia-based facilities that make a negative impact on the environment and must be subject to the environmental surveillance by the state The orders to this extent were signed in the territories of eighty-three federal constituencies, including Sverdlovsk Region, the Ministry’s press service reports. For one, Sverdlovsk Heating Network, a daughter enterprise of TGK-9, was placed on the list.
20 January 201108:58

Ural Airlines passenger traffic goes up 20%

OAO Ural Airlines reached its best-ever performance results in 2010, which was all in accordance with the company’s business development plan. For the first time last year, the company flew over 1.5 million passengers within twelve months. The exact figure came to 1.79 million people, which was 20% better than in 2009. 661,400 people used Ural Airlines’ international flights, of whom 167,190 passengers took scheduled flights; this was 59% more than in the year 2009. ‘Such performance was made possible due to the introduction of quite a few new flights last year. For one, Ural Airlines
19 January 201109:06

Jewelry business to disclose stock information

Ural Federal District’s division of Russia’s Federal Financial Markets Service completed its desk audit of OAO Yuveliry Urala, a jewelry business. The audit was aimed at checking the company’s compliance with the existing Russian securities legislation, namely, with the rules of information disclosure. Upon the completion of the audit, the joint stock company was ordered to eliminate the detected violations of the law and to prevent the violations of Russian legislation in the future.
19 January 201109:05

Evraz to pay over 1bn for waste-dumping

Kemerov Region division of Rosprirodnadzor (the state environmental watchdog) laid a claim against Evraz Group’s Evrazruda in order to make the company pay 1.14 billion RUR for dumping its industrial waste from Abagurskaya sintering plant’s tailings pond into bodies of water, RIA Novosti refers to the environmental agency as saying. The preliminary hearing of Kemerov Region Arbitration Court has been set for January 31. 2011. Experts from Kemerov Region division of Rosprirodnadzor carried out an unscheduled inspection of the plant in September 2010 after an emergency release of manufacturing
19 January 201109:05

Capital Tour to start bankruptcy proceedings on February 14

On February 14, 2011 Moscow Arbitration Court will decide whether OOO Capital Tour’s bankruptcy application is well grounded, RIA Novosti refers to a court functionary as saying to the Russian Agency of Legal and Court Information. Capital Tour’s debts run up to 1.3 billion RUR altogether, including 45 million RUR the company owes to Credit Bank of Moscow. The tour operator’s accounts were frozen by the bank on November 11, 2010. Five days later, the company announced it was having a hard time meeting its tour obligations. Over 8,000 customers happened to be abroad at the time Capital Tours