Sinara-Development obtained the official permission to put up a building near Central Stadium in Yekaterinburg. ‘Sinara-Development must be provided with a permission to provisionally use a land allotment for putting up an apartment building in slot 66:41:0303075:12 (area 11,285 sq m) in Zone C2 (the service sector and business activity zone) in Krylov St/Melnikov St in Yekaterinburg. The land allotment will be used for putting up multi-storey apartment blocks that have some non-residential quarters as well,’ says the decree signed by Mayor of Yekaterinburg Alexander Yakob. The design

ZAO BauerHof might be declared bankrupt: a claim to this extent has been placed with Sverdlovsk Region Arbitration Court by OOO SK Progress. Now ZAO BauerHof is the official dealer of BMW in Sverdlovsk Region.

MRSK Urala’s shareholders approved of the company’s annual report and the annual accounting report (including the profit and loss statement) for the financial year 2011. It was decided that the net profit (2.54bn RUR) should be directed to the company’s reserve fund (127.4m RUR), development (2.17bn), and dividends (244.8m RUR). EPS comes to 0.0028 RUR.

Zelimkhan Mutsoyev is now the Russian Federation State Duma Deputy again. United Russia’s Council-General decided to propose the candidates for replacing a number of deputies to the Central Election Committee after Deputies Oleg Morozov (the Republic of Tatarstan) and Ekaterina Semenova (Tyumen Region) resigned before the end of their terms. For one, it was decided to offer a deputy seat for the Republic of Tatarstan to Timur Akulov. Semenova’s seat was offered to Mutsoyev. In fact, Mutsoyev was on United Russia’s list for Sverdlovsk Region, but he was unable to secure a seat in the course of

Ural State University of Economics (USUE) no longer offers its students an opportunity to get their master’s degrees there. The decision was taken at the college’s Learned Council’s last meeting. The university offered master’s degrees in 2008-2012; about half of grad schools students were this college graduates, while the rest came from Ural State University, Ural State Technical University, Ural State Mining University, and other Russian colleges as well as those based in Kazakhstan and Uzbekistan. The grad school offered over forty majors in Economics, Management, Commerce, Applied

Uralkhimmash BOD decided to appoint Sergey Gavrikov acting Director-General of the company from June 16, 2012 and till the date the agreement transferring the sole executive body’s authority to Izhorsky Plants has been signed, Uralkhimmash’s press service reports. ‘Gavrikov was employed by the plant as First Deputy DG and Operational Director in March 2012. Igor Timofeyev was elected Uralkhimmash BOD Chairman. Igor Molibog was elected Deputy BOD Chairman,’ the plant reports. The company offers no comment on where the company’s former DG Sergey Tsarapkin is at the moment.

A work meeting of two strategic partners, Magnitogorsk Iron & Steel Works (MMK) and Chelyabinsk Tube Rolling Plant (ChTPZ), was held in Yekaterinburg. The meeting was attended by MMK Director-General Boris Dubrovsky and ChTPZ DG Yaroslav Zhdan as well as by experts from the production, commercial, and logistics departments of both companies. The parties agreed on the basic commercial terms of their cooperation. The attendees discussed the prospects of the two companies joining the pipeline development projects in Russia and the CIS in 2012-2013, agreed on the important commercial terms

All of Yekaterinburg’s hotels will have to undergo a certification procedure in the next few years; as a result, the hotels will be assigned this or that number of stars. According to Yekaterinburg Council, only 40 out of the 99 hotels that have been operating in Yekaterinburg since 2005 (over the last seven years, that is) have undergone a category-assigning procedure so far. Two hotels are now ranked as five-star ones, twelve – as four-star ones, and seventeen – as three-star ones. All the other hotels will have to get certified by 2018, when a world football championship will be held in

UC RUSAL’s major enterprises increased the amount of aluminum shipped via Russian Railways by 5.3% in January-May 2012 compared with a year earlier; the figure came to 1.058m tons, Russian Railways reports. According to the available data, UC RUSAL’s Bogoslovsky smelter shipped 24,700 tons of goods in January-May 2012 (compared with 32,000 tons in January-May 2011).

Upon Gazprom Transgaz Yekaterinburg’s demand, the assets of Ural-Avstro-Invest have been seized. This decision was taken by Sverdlovsk Region Arbitration Court. Ural-Avstro-Invest is considered to be the company that owns the International Trade Center, including Atrium Palace Hotel. Gazprom Transgaz Yekaterinburg went to court asking to make Ural-Avstro-Invest pay 56.79m RUR it owed the company under a simple partnership agreement signed in 1998. Alongside the claim, the plaintiff also submitted a petition asking to secure the claim through the seizure of the defendant’s funds located in one

Ural Airlines came up with a performance report for May 2012. The company flew 298,993 passengers last month, which was 40% better than in 2011. All in all, 1.13m passengers have used the company’s services since the beginning of the year. For the first time in this company’s history, the air carrier’s millionth passenger of the year was serviced as early as spring, the airline’s press service reports. In May 2012, Ural Airlines operated 2,335 flights (a 33% increase on May 2011), including 1,049 international flights, 800 domestic flights, and 486 flights around the CIS. The actual passenger

1.31m passengers were serviced at Koltsovo Airport’s international terminal in the five months of 2012, which is 20.4% more than a year earlier. The international passenger turnover rose by 29% on the previous year. Paphos, Punta Cana, Samarkand, Simferopol, Tbilisi, U-Tapao, Harbin, Ho Chi Minh, and Shardzha were among the new destinations launched in the five months of 2012. All in all, Koltsovo Airport processed flights to 91 destinations in January-May 2012. ‘Over this period, the most popular destinations were Salekhard, Osh, Bishkek, Myneralnye Vody, Hurghada, Sanya, Larnaka, Rodos, and

Innovations presented by Magnitogorsk Iron & Steel Works (MMK) won medals at the 23d International Inventions, Innovations & Technologies Exibition ITEX’12. The exhibition was held at KLCC Center in Kuala Lumpur (Malaysia). This event, aimed at converting innovations into profits, was coordinated by Malaysia’s Science & Technologies and Higher Education Ministry with support from the World Intellectual Property Organization (WIPO). Over 350 participants from 14 different countries presented 700 innovations in the fields of nanotechnologies, environmental protection,

‘The land allotment for the construction of Ural Federal University’s first science & education center with the area of 200 hectares has been registered and handed over to the university as its asset. Now it is the matter of financing the infrastructure development that is at stake. We also need to make sure we get federal funding to acquire more land,’ Rector of B.N. Yeltsin Ural Federal University Viktor Koksharov announced at a recent press conference. Now the territorial division of the Federal Public Property Management Agency in Sverdlovsk Region announced it might provide Ural

The 17th Arbitration & Appeals Court accepted the claim placed by Concern Kalina shareholder Igor Platonov for consideration. The plaintiff insists that VTB Registrator declare an entry regarding his shares illegal and restore his shares in the register. The court hearing has been set for June 26, 2012. Concern Kalina, a non-banking institution called National Settlement Depository, Partner Universal Investment Company, Dmitri V. Medvedev, Professional Registration Center, and Central Moscow Depository are involved in the hearings as third parties to the case. Platonov claims VTB

The bankruptcy proceedings involving OOO Dr. Scheller Beauty (Concern Kalina’s project) have been completed. Such was the ruling pronounced by Sverdlovsk Region Arbitration Court today. Concern Kalina was the coordinator of a beauty parlor chain Dr. Scheller Beauty Center. The project was launched in 2007 and required about $650m worth of investments. About a thousand parlors were expected to operate in Russia and Europe’s major cities. The company liquidator placed an insolvency application with the court on October 11, 2011. In November 2011, Dr. Scheller Beauty had to start undergoing

McDonald’s fast food chain is going significantly to expand its presence in the Ural Region; the company is planning to launch about twenty restaurants here in the next two years, Kommersant reports. McDonald’s Logistics Manager for Russia and Eastern Europe Sergey Kapkov told the newspaper that the company was planning to set up some twenty outlets in the Urals (including Perm). ‘About a dozen restaurants are run in Ural Federal District today. Over the next two years, we expect to open fifteen to twenty more. Besides, we’ve also got a ten-year development plan that covers for the launch of

The special economic zone Titanium Valley’s stockholders are planning to re-elect the company’s BOD in the course of an extraordinary general meeting. The decision is to be made on August 20, 2012. The agenda of the meeting also covers the approval of a provision on the company’s Board of Directors as well of a provision on the review committee and the election of the new BOD for Titanium Valley.

Radio Aids Plant is not going to pay any share dividend for the year 2011. This decision, taken at the annual general meeting, has been reported via the plant’s official announcement. The company’s press release states their net profit for last year will be directed to R & D and invested into new equipment, MFD InfoCenter reports.

Sverdlovsk Region Arbitration Court admitted that the tax authorities’ claims against OAO Oil Plant are well grounded. The Interregional division of Russia’s Federal Tax Service for Sverdlovsk Region’s largest taxpayers carried out an in-house tax audit of the plant’s VAT declaration. The results of the inspection were presented in the Act dated July 28, 2011; after the report had been studied and the taxpayers’ claims accounted for, it was decided to reject the demands to make the plant face tax liability and not to allow the tax deduction option in what regards the tax declaration for the