The first new-format award ceremony of the international Golden Chariot Prize took place in Dubai, UAE, in the course of the 59-th World Congress and the exhibition on Mobility & Urban Transport. Ural Airlines won in the Russia’s Air Transport Leader category and was given a gilded figurine of a troika as well as the laureate’s certificates. ‘The prize won international recognition in 2011, so receiving such a prestigious award is a mark of the air carrier’s international status and significance,’ Ural Airlines emphasizes. The awarding board distributed prizes on the basis of a set of

Chelyabinsk Tube Rolling Plant produced a financial performance report for the year 2010. The company’s revenues rose 52% and amounted to 85,401m RUR (against 56,078m in the year 2009). Its EBITDA came to 17,631m RUR, with EBITDA profitability at 21% (against 4,841m RUR and 9%, respectively, a year earlier). The company’s net profit for 2010 came to 4,724m RUR compared with 4,447m RUR worth of losses in 2009.

Ural Airlines keeps buying new aircraft to make its fleet more modern. The company bought one Airbus A321 on operational leasing terms. In fact, the company bought the same kind of airplane at the end of March as well. What is more, Ural Airlines is also planning to buy one more A321 airplane. At the moment, the air carrier operates sixteen Airbus planes, including 12 A320 makes and 4 A31 makes.

Russian Special Alloys Management Company (UK RosSpetsSplav) suggested that the shareholders should pass last year’s dividend on the company’s common stock. The annual general meeting was set for May 30, 2011. The agenda of the meeting also covers issues related to the annual report approval and electing the BOD and the audit committee members.

Nomos-Bank, which accumulated 51.3% of Khanty-Mansiysky Bank’s shares in 2010, is considering buying out the remainder of the stock provided that the share price is appealing, the bank’s IPO memorandum states. ‘It’s possible that we will acquire the remainder of the shares in Khanty-Mansiysky Bank at a good price. Nomos-Bank is planning to buy the shareholding belonging to Khanty-Mansiysky Autonomous Region-Yugra,’ the memorandum says. Khanty-Mansiysky Autonomous Region-Yugra currently owns a 44.20% shareholding in the bank.

Russia’s Federal Financial Markets Service annulled the license of BNP Paribas Vostok allowing the bank to deal in brokerage operations. The decision was taken after the bank placed a corresponding application with the service and provided the documented proofs of having no unmet liabilities.

The General Director of Ural Electronic Plant Viktor Ulitin is now the proprietor of the company together with the General Director of Mirex Yaroslav Shikolev, the company told UrBC. According to Viktor Ulitin, the two businessmen now own equal shares in the holding. Prior to the new acquisition, the holding belonged to Stanislav Tkhai, who used to be the General Director of both companies. ‘We now fully own the business. Mr. Tkhai is now focused on his position of the General Director of Rosplasma in Kirov,’ Viktor Ulitin said. Once the proprietors of the business have changed, Ulitin became

UrBC, Saint Petersburg, April 11, 2011. Intercos-IV, a member of MMK Group, started working on the second extension to a service maintenance center and a stamping components plant MMK Intercos in Saint Petersburg. All the design and development jobs have been completed by now, with the press machinery already ordered and paid for; the delivery is expected to take place in late April. Besides, the construction jobs and the engineering work have already started. Magnitogorsk Iron & Steel Works (MMK) is also working on making sure the new metal products will be welcomed by their future

OAO Nizhneserginsky Metal Goods Plant (NSMMZ, NLMK’s daughter enterprise) reports a decrease in revenues, gross profit and sales proceeds by 5%, 24%, and 59%, respectively, in the fourth quarter of 2010 compared with the last quarter. The plant’s revenues amounted to 8.8bn RUR in the last quarter of 2010 (compared with 9.3bn RUR in the third quarter), its gross profit came to 1.6bn RUR (compared with 2.2bn RUR in the third quarter), and its sales proceeds reached 512.5m RUR (compared with 1.2bn RUR in the third quarter of 2010).

The gross profit of OOO VIZ-Stal (NLMK’s daughter enterprise) decreased by 10% in the fourth quarter of 2010 compared with the third quarter, whereas the figures for the year 2010 were 35% smaller than in 2009, the company’s financial report (drawn up in accordance with the Russian Accounting Standards) says. Thus, the company’s gross profit reached 3.2bn RUR last year against 5bn in the year 2009. ‘The decrease in profits has to do with the dropping market steel prices and the growing hot-rolled products that serve as raw materials for the electric steel production,’ NLMK reports. VIZ-Stal’s

ОAO Vanadium is going to change its name to EVRAZ Kachkanarsky Ore Mining and Processing Plant. The decision was taken at the company’s shareholder meeting in Kachkanar, Sverdlovsk Region. The company’s new full name runs as Joint Stock Company «EVRAZ Kachkanarsky Ore Mining and Processing Plant». Its official abbreviation now runs as EVRAZ KGOK.

The net profit of Novolipetsk Iron & Steel Works (NLMK) dropped by 70% in the fourth quarter of 2010 in comparison with the previous quarter; however, the net profit for the entire year 2010 rose by 35%, the company’s financial report (drawn up in accordance with the Russian Accounting Standards) says. In the fourth quarter of the year, the profit came to 4.2bn RUR, whereas in the third quarter, the figures reached 13.8bn RUR. In 2010, NLMK’s net profit amounted to 32.38bn RUR. ‘The decrease in the fourth quarter’s net profit was mainly brought about by some incidental factors, including

Yekaterinburg-based Koltsovo Airport serviced 582,880 passengers in the first quarter of 2011, which was 16.5% better than in the first quarter of 2010. This figure included 227,660 people flying internationally (which was 14.4% better than a year earlier) and 355,220 passengers on domestic flights (which was 17.9% better than a year earlier). The number of sorties rose by 36% against the first quarter of 2010 and came to 4,160. Most passengers flew to Phuket, Goa, Dubai, Bangkok, Beijing, Saint Petersburg, and Frankfurt.

Three air state borders will be closed in Russia on May 1, 2011, namely, the airports of Ivanovo, Kogalym, and Bykovo, Moscow Region, RIA Novosti reports. The border-crossing points will be closed in accordance with the Russian Government’s decree. ‘The government now has to spend more money on maintaining these points than it could possibly make from these airports’ economic activity,’ Rosgranitsa says.

Sverdlovsk Region’s public prosecution authorities for transportation detected some legal offenses in the field of air protection and environmental protection on the part of some industrial enterprises that emit pollutants in the atmosphere without a corresponding permit. For one, inspections revealed that SUAL-Kremny-Ural, Gazprom Transgaz Yekaterinburg, Uralkhimmash, Uraltransmash, and Kamensk-Uralsky Foundry Plant that all run permanent polluting facilities kept dumping harmful emissions in the air without any permissions or projects on maximum permissible discharge.

B. N. Yeltsin Ural Federal University is going to lobby the idea of handing the buildings put up in Yekaterinburg in preparation for the World Cup 2018 over to the university, says Rector Viktor Koksharov. We truly hope that the we could use the scenario of Kazan or Vladivostok in preparing the facilities for the World Cup 2018. Vladimir Putin actually mentioned this recently. This would mean we could put up buildings to host football fans, visitors and reporters and then the university would make good use of these buildings after the championship is over. If Yekaterinburg wins, we will do

Novosibirsk Region division of Russia’s Federal Antimonopoly Service (FAS) detected that Siberia Airlines violated Article 14.31 of the Russian Federation Administrative Offense Code and will therefore have to pay a 10-million-ruble administrative fine, the spokesperson for the division reports. Siberia Airlines is believed to abuse its dominant position on Novosibirsk-Vladivostok-Novosibirsk flight direction by introducing its own fares. Some tickets cost about 38,000 RUR, which is 1.5 times more than the other carriers operating the same flights charge. The company had no good economic

The Russian Federation Government decided that OAO Uralmashzavod should no longer be on the list of companies that can enjoy the preferential terms of foreign machinery supply; the company used to get some tax relief, which was aimed to help the enterprise restore its metallurgical, welding, and assembling facilities, the Russian Federation Ministry for Industry & Trade reports. The relief used to make it possible for the company to zero in on value-added tax.

UrBC, Magnitogorsk, Chelyabinsk Region, April 7, 2011. Magnitogorsk Iron & Steel Works (MMK) came up with a financial performance report for the year 2010. The report was prepared in accordance with the International Accounting Standards. The company’s revenues reached $7,719m last year, which was 52% better than a year earlier. The net profit rose by 6% and amounted to $322m. EBITDA reached $1,606m, which exceeded the figures for the year 2009 by 23%. The EBITDA margin came to 21%. MMK Group’s share of high value-added goods increased from 27% in 2009 to 34% in 2010 against the

Yekaterinburg’s largest supermarket belonging to the electronic goods chain Eldorado in Vainer St. had to cut its shopping space by a third. The area will be handed over to Sportmaster, Arendator.ru reports. Under an agreement signed by the new tenant, RED will allow Sportmaster rent the 3,600 sq m place for ten years. Eldorado opened its hypermarket in Yekaterinburg in the middle of 2007. The area of the store came to 11,800 sq m at the time.