HomeMaterials for April 2012 yearPage 3
17 April 201209:16

RosTransNadzor bans flights in Uktus Airport

RosTransNadzor (the transport surveillance agency) banned the operation of any flights to or from Uktus Airport because Second Sverdlovsk Aviation Company has no aviation security compliance certificate. The monitoring of aviation security conditions by Ural Federal District division of Administration for State Transport Supervision and Transport Security revealed that Uktus Airport (Second Sverdlovsk Aviation Company)’s aviation security compliance certificate had expired. Under Article 8 of Russia’s Air Code, legal entities handling the provision of aviation security must undergo
17 April 201209:15

Ural Airlines’ IOSA registration renewed till 2014

Ural Airlines has once again proved its adherence to the principle of providing top-level security measures in its operation. The International Air Transport Association (IATA) decided to renew the air carrier’s IOSA registration through April 25, 2014, the company’s press service reports. This is, in fact, the third time Ural Airlines has undergone IOSA international audit. The obligatory IOSA certification is part of the airline’s policy aimed at ongoing professional improvement. Meeting IOSA standards means consistent systematization and management of interaction procedures among all of
17 April 201209:15

Cyprus-based company co-owns Reftinskaya, Sredneuralskaya power stations

Russia’s Federal Antimonopoly Service sustained the petition placed by PFR Partners Fund I Limited (based in Cyprus and primarily dealing in investment activity) regarding a preliminary approval of purchasing a 26.435% stake (in voting shares) in Enel OGK-5 (based in Yekaterinburg and dealing in electric and heat power production). The FAS decided to approve of the petition. Enel OGK-5 comprises Sverdlovsk Region-based Reftinskaya and Sredneuralskaya power stations.
17 April 201209:15

Ural Airlines’ cake wins in Anna Aero online contest

A cake to which Ural Airlines and Cologne Bonn Airport treated the first passengers on Moscow-Cologne flight gathered a record-breaking number of votes in the Cake of The Week competition: 1,792 votes. The information and analytical web portal Anna Aero (the contest coordinator) has never witnessed such enthusiastic approval before. ‘In Europe, they typically make extraordinary cakes to celebrate the new flights and then choose the best one. The winner is determined by the number of votes submitted by the visitors to the website. Our cake, number 22, got 33.17% of votes, leaving Air France’s
16 April 201217:52

MMK spends 73.8% more on green projects in 2011

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
16 April 201209:29

Uralvagonzavod’s Armata shipments put off till 2017

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.
16 April 201209:28

UTair Engineering’s net loss goes up 11 times

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.
16 April 201209:28

RED Group might be put up to auction

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
16 April 201209:28

Stockholders can’t be sure their shares are safe, Concern Kalina’s stockholder’s lawyer says

‘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.
13 April 201209:16

Ural Airlines flies over 500,000 passengers since January 1

Ural Airlines came up with a performance report for March 2012. In this month, the air carrier flew 214,240 passengers, which is 67% more than in March 2011. All in all, 583,780 passengers have used this carrier since the beginning of the year, the airline’s press service reports. In March 2012, Ural Airlines operated 1,840 flights (a 43% increase against a year earlier), including 652 international flights, 755 domestic flights, and 442 flights around the CIS. The actual passenger turnover came to 589,700 passenger-kilometers in March 2012, which was 83% better than in March 2011.
13 April 201209:15

Yekaterinburg Non-Ferrous Metals Processing Plant BOD approves selling shares to Renova

Yekaterinburg Non-Ferrous Metals Processing Plant’s Board of Directors suggested that the plant’s shareholders accept the offer to purchase the company’s shares made to them by Renova Group. Now Renova Group of Companies intends to consolidate a 100% shareholding in Yekaterinburg Non-Ferrous Metals Processing Plant. Renova currently owns a 71.294% stake in the plant. The suggested price for buying the shares has been set at 800 RUR apiece.
13 April 201209:15

RosTransAvto launches subsidiaries in Tyumen and Perm

In late March and early April, RosTransAvto (RTA) welcomed customers to its new offices in two leading economic centers of the Urals and the Volga Region at once, that is, in Tyumen and Perm, the company reports. According to the BOD Chairman of the company (dealing in Mitsuber, Howo, and Sanko Makina machinery) Anna Gorodenker, the newly opened subsidiaries will offer their customers a full range of delivery services relating to the entire spectrum of products by Mitsuber, Howo, and Sanko Makina; they will also handle pre-delivery inspections and offer warranty and post-warranty services.
13 April 201209:15

EXPO 2020 Application Committee: We cannot influence authorities in terms of urban development

‘The application committee gathers data and monitors the state of Yekaterinburg’s infrastructure on a regular basis in order to prepare a candidate city’s profile. We use the official data obtained from the publicly open sources and provided by the municipal and the regional authorities,’ EXPO 2020 Application Committee’s Deputy Director-General Alexander Vyakhirev told UrBC. ‘The city’s readiness to host EXPO 2020 is evaluated on the basis of quite a few criteria, including not only the state of the infrastructure but also some other socio-economic indicators and the data on education,
13 April 201209:14

Yekaterinburg authorities ban Philip Morris’s Metro-Party

The Metro-Party that Philip Morris Sales & Marketing had planned to hold in Yekaterinburg underground is not going to take place after all. Philip Morris Sales & Marketing confirms that it had meant to have a selective-entry event for adult smokers at Dynamo underground station in Yekaterinburg on April 12, 2012. ‘We have many years’ experience of organizing parties for adult tobacco consumers; these are always held in strict accordance with the rules for coordinating mass-scale events, and all the necessary permissions from the authorities in each particular city are always obtained.
12 April 201217:53

MMK’s two projects okayed within Kyoto Protocol

UrBC, Magnitogorsk, Chelyabinsk Region, April 12, 2012. The Russian Federation Economic Development Minister Elvira Nabiullina’s decree laid out the list of projects that comply with Article 6 of the Kyoto Protocol in accordance with the UN Framework Convention on Climate Change. This list comprises two projects run by Magnitogorsk Iron & Steel Works (MMK). One of the approved projects has to do with production of slab ingots through electric steel smelting, while the other one deals with the launch of new agglomerate production technologies and the new techniques of charging furnaces at
12 April 201209:37

FAS allows Rolsy to buy 63.16% stake in Euro-Asian International Transport & Logistics Center

Sverdlovsk Region division of Russia’s Federal Antimonopoly Service sustained the petition placed with the agency by Rolsy (a freight forwarder based in Yekaterinburg). Rolsy wanted to purchase a 63.16% shareholding in Euro-Asian International Transport & Logistics Center (a Yekaterinburg-based business dealing in development, expert examination, and maintenance of investment projects). The division looked into the petition and found no threats to limiting competition, so it was decided to let Rolsy go ahead with the transaction.
12 April 201209:37

Bank Intesa loses court case in Yekaterinburg

Radio Equipment Plant managed to make Bank Intesa pay them 771,860 RUR (the money classed as the bank’s unjustified enrichment after the lending institution charged the plant a commission for the early repayment of loans). The plant placed a claim with Sverdlovsk Region Arbitration Court, demanding that the bank pay them 1.28m RUR; the two parties arrived at a voluntary settlement in the course of the hearing, under which the bank admitted its debt (771,860 RUR). Bank Intesa promised to pay the sum by April 15, 2012.
12 April 201209:36

Uralets’s DG Potekhin: Ministry’s claim is nothing but string-pulling

The Director-General of Uralets Entertainment Center Vyacheslav Potekhin disagrees with the stance taken by Sverdlovsk Region Ministry for Public Property Management and claims the ministry’s actions should be seen as exerting pressure, through administrative levers, upon the center in order to make them sign an agreement, he told UrBC. Now Sverdlovsk Region Ministry for Public Property Management and the Ministry’s Executive Directorate intend to get Uralets to hold a general shareholder meeting, through a court ruling if necessary. The claim to this effect, asking to proclaim the ministry’s
12 April 201209:36

NPO Avtomatiki vs UOMZ ends in out-of-court settlement

The clash between NPO Avtomatiki, a scientific & production association, and Ural Mechano-Optical Plant (UOMZ) ended in an out-of-court settlement in Sverdlovsk Region Arbitration Court. Now NPO Avtomatiki went to court with a claim demanding that the defendant pay them 4.58m RUR (the principal and the interest charged for using another party’s funds). In the course of a court hearing, the parties announced they had reached a voluntary settlement and asked the court to confirm it. As a result, UOMZ admitted owing 4.49m RUR to NPO Avtomatiki. The two parties agreed that the defendant would