January 21, 2014. Sverdlovsk Region Arbitration Court processed Russian Magnesium’s trustee in bankruptcy D. Seleznev’s petition on terminating the trusteeship, declaring the company insolvent, and going forth with the bankruptcy proceedings. Now Russian Magnesium was set up in 2004 in order to put up a new magnesium-producing plant in Asbest. The projected capacity was estimated at 70,000,000 kg of magnesium and 90,000,000 kg of precipitated silica a year. OOO Solimag owned by an American businessman Mark Lisnyansky controls 50% plus two shares of the company’s authorized capital, 25% minus

January 21, 2014. Three FORMAX cold forming presses are now being assembled at Uralvagonzavod’s head plant. The corporation’s press service reports that the equipment is meant for making metal goods for the railway carriage assembly and mechanical assembly departments and was purchased within the framework of the Federal Program on the Development of the Defense Industry Sector in 2014-2020. ‘The old equipment is being dismantled and the large joints relating to the foundation are currently being assembled by Uralvagonzavod’s mechanical repairs department; however, very soon the rest of the

January 21, 2014. According to the recently available data, Sverdlovsk Region’s budget revenues amounted to 153.8bn RUR in 2013, while spending came to 180.4bn RUR, Sverdlovsk Region Government’s Press Service & Information Department reports. The unfavorable global economic factors resulted in a decrease in the federal constituency’s budget inflow, and the planned target figures were only met by 98% (the revenues were 3.3bn RUR less than expected). As for the budget spending, this was 180.4bn RUR, which exceeded the figures for 2012 by 15.7%, or 24.5bn RUR. It has preliminarily calculate

January 20, 2014. A court hearing where the pre-trial restrictions will be determined for eco-activists Igor Zhitenev and Mikhail Bezmensky will take place in Tverskoy Court of Moscow on January 20. The two men are suspected of extortion attempts targeted at Ural Mining & Metallurgical Company (UMMC) representatives (Article 163 of the Russian Federation Criminal Code), says a website called Protecting Khoper. The activists are currently being detained at Detention Unit 5 Vodnik. 'According to our data, Mikhail Bezmensky was pressured to testify against another environmental

January 20, 2014. The public prosecution authorities of Dzerzhinsky District of Nizhniy Tagil issued a bill of indictment against a former employee of OAO Uralkhimplast. The authorities accuse her of illegally giving away data that qualify as trade secrets, the spokesperson for Sverdlovsk Region public prosecution authorities reports. The investigative team claims that between June and December 2012, the accused repeatedly used a special software application installed on her computer to make screen prints of files opened on her computer. These files contained commercially sensitive data on

January 20, 2014. This January, Chelyabinsk Tractor Plant (a member of Uralvagonzavod Corporation) celebrates the 70th anniversary of the day the heavy tank IS2 was launched on an industrial scale. Tankograd's long-service employees are giving talks on the event at the local schools, and tours are being offered at the plant museum that are dedicated to this special date, Uralvagonzavod Corporation's press service reports. The new heavy tank was designed by a team headed by such outstanding engineers as Joseph Kotin, Nikolay Kotin, and Ivan Trashutin. All the organizational issues

January 20, 2014. In 2013, Pervouralsk New Pipe Plant (a member of ChTPZ Group) cut down on the energy resources spending by more than 4% in comparison with the year 2012, the enterprise's press service reports. The savings stemmed from the launch of energy-saving lighting fixtures at the plant departments and installing an automated system at the compressor equipment unit, and complying with the lighting schedule and upgrading the system for the revenue metering of electric power. Last year, PNTZ stopped outsourcing the maintenance of its information and measurement systems and created

January 20, 2014. Bulgaria is planning to reopen its consulate in Yekaterinburg, a counselor at the Bulgarian Embassy in Russia told acting Minister of International & Foreign Economic Relations of Sverdlovsk Region Vladimir Solovarov. Bulgaria's Deputy Minister for Economics & Energy Branimir Botev and Sverdlovsk Region Foreign Economics Minister Andrei Sobolev also talked about the possibility of reopening the consulate during the 9th Russian Arms EXPO exhibition in Nizhniy Tagil in late September 2013. It was said that the Bulgarian party was planning to take on a trade and

January 17, 2014. Uralvagonzavod Scientific & Production Corporation was commended for 'taking part in charity events, impressive corporate social responsibility, and direct help to those in need in 2013'. The corporation spent over 240m RUR on charity last year, the company's press service reports. 'A thank-you letter was addressed to the corporation's Director-General Oleg Sienko and the entire worker team and signed by Governor of Sverdlovsk Region Evgeny Kuivashev, Sverdlovsk Region Prime Minister Denis Pasler, Chair of Sverdlovsk Region Legislative Assembly

January 17, 2014. Rostechnologii State Corporation no longer controls Yekaterinburg-based Start, the joint stoc company's official message states. The corporation used to control over 50% of votes within the issuer's supreme governing body. This is no longer the case since Rostechnologii do not have a share in the business any more. Start deals in the production of multiple artillery rocket systems and air defense systems for the ground forces, production of missile munitions for the Navy and the aviation sector, and in the production of civil goods such as Bladder Bags and fire

January 17, 2014. Sinara Development (a member of Sinara Group) put up the first section of an apartment building called Kometa in Bebel St in Yekaterimburg. The section was commissioned three months ahead of schedule, the commissioning permit was obtained in late December 2013, the company's press service reports. 'The 14-storey section with an office for the condominium staff is the first part of this three-section, multi-storey building called Kometa. In January, the developers handed over the apartments to 80 families. The first (and the highest) section was supposed to be

January 17, 2014. In 2013, power generating unit 3 (operating via BN 600 reactor) at Beloyarskaya Nuclear Power Station produced more than 4,120,294,000 kilowatt-hours of electric power, the station's Information & PR Department reports. Speeding up all the jobs realting to the consturction of power generating unit 4 with BN 800 reactor was the station's other important achievement last year. These jobs included filling the primary and secondary storage tanks with sodium, installing electric current supply at Kurchatovskaya power substation, providing electricity supply for the

January 17, 2014. Birzhevoy Leader carried a rating of Russian banks' popularity on the Internet based on the data provided by Yandex and on the number of followers within social network groups. In terms of Yandex search queries, VUZ-Bank is one of the top twenty banks that customers look for most often, the bank's press service reports. 21,988 queries were made relating to VUZ-Bank over the last month alone. In terms of the number of registered users in VKontakte, VUZ-Bank is also one of Russia's top twenty banks: VUZ-Bank's group currently has over 2,000 subscribers. All

January 17, 2014. Magnitogorsk Iron & Steel Works (MMK) was No.1 in the rating carried by Metallosnabzheniye I Sbyt magazine (in the category denoted as Flat Stock Supplies); it was also given the second position in the Deep-Level Processing Goods category and the fourth position in the Rolled Section Steel Supplies category. MMK METIZ was given the third position among Russia’s metal goods producers. MMK Trading House was also among the best in the Trading Firms category. The rating was based on the votes submitted by visitors to a portal called Metalinfo.ru, who commented on which

January 16, 2014. The head plant of Uralvagonzavod Scientific & Production Enterprise summed up the conclusions following an inspection of fire safety condition of the plant’s departments, the holding’s press service reports. The fire safety system meets the requirements set out in the normative fire safety documentation. In 2013, not a single fire occurred at the enterprise premises. ‘Throughout the year, the corporation’s head plant kept working on meeting the sate fire surveillance agency’s requirements and fitting its departments with emergency fire-fighting equipment and installing

January 16, 2014. A slitting line was recently commissioned at TMK-INOX, a JV run by ROSNANO and Pipe Metallurgical Company (TMK) on their premises in Kamensk-Uralsky. This launch is part of the strategic program for the reconstruction of stainless pipes production, TMK’s press service reports. The machinery was supplied by the Swiss company SYTCO. The new slitting line is meant for length-cutting of metal rolls weighing up to 30,000 kg that are up to 1,600 mm wide and 0.4 to 6.0 mm thick. The unit was produced in accordance with the EU standards and ensures a great speed of cutting: up to

January 16, 2014. Ural Airlines start operating a daily flight from Ufa to Moscow and back on February 1, 2014. The price of a one-way ticket comes to 2,962 RUR (all the fees and charges included), the airline’s press service says. Passengers will be able to travel from the capital of Bashkortostan to Moscow in the evening: the departure time is 6:40 PM, the arrival time is 7:10 PM. The return flight will be operated at day time: the departure time is 1:15 PM, the arrival time is 5:20 PM. ‘This means that businesspeople will have an opportunity of planning their trips more flexibly and of

January 16, 2014. Lyudinovsky Diesel Locomotive Plant (LTZ, a member enterprise of Sinara Transport Machines), was certified for meeting the International Railway Industry Standard (IRIS) requirements, the company’s press service says. The certification procedure was carried out by the auditors from the international holding DQS GmbH, one of the global leaders on the market of examination of business processes and certification of management systems. The IRIS standards was developed at the initiative of the Association of the European Rail Industry (UNIFE). IRIS lays out the basic

January 16, 2014. OOO Avia Center issued 767 new plane tickets to customers who booked their tickets online via Eviterra.com and later had those tickets canceled, the agency’s press service reports. Customers whose departure dates were set before January 23, 2014 had their tickets restored. The tickets with departures set for later dates are being restored at the moment. Avia Center actually pointed out that there was no communication whatsoever between the customers of Eviterra.com and the employees of OOO Eviterra Travel. Now Eviterra Travel announced that complaints could be submitted

January 15, 2014. Coal shipments through Sverdlovsk Railways (a subsidiary of Russian Railways) dropped by 28.6% in 2013 and amounted to 0.8m tons. According to the company's press service, the shipments of buildings materials also declined by 11.2% (21.6m tons), those of ferrous metals decreased by 3.6% (10.9 m tons), those of scrap ferrous metals went down by 3.1% (2.7m tons), those of coke fell by 12.1% (1.2m tons), those of cement declined by 1.1% (2.3m tons), those of timber decreased by 6.7% (1.9m tons), those of chemicals and soda decreased by 7.3% (4m tons), and those of grains