All charges dropped against Ural businessman Mars Sharafulin

LLC «Lobvinsky biochemical factory», who hasbeen in a frozen statefor several years, is now possibly becoming the subject of investing. Recollecting its history, LLC «Lobvinsky biochemical factory» has been possessed by the Ural businessman Mars Sharafulin who conservedthe enterprise due to his absence in the region. LLC «Lobvinsky biochemical factory» came under the management of Mars Sharafulin in 2009 by the decision of the Sverdlovsk region Security Council. This decision was made as a resolution to the disastrous state of the plant brought to the production collapse and bankruptcy by the

Mars Sharafulin and UMMC’s clash over who gets to control Demidov Business Center of Yekaterinburg moved into a new phase after the former acquired Lobvinskiy biochemical plant. This alcohol-producing plant, formerly owned by Pavel Fedulev, a local entrepreneur, had gone bankrupt. In April 2008, some workers went on a hunger strike, demanding their wages and resumption of work. The hunger strike was only stopped after Sverdlovsk Region Government decided to sell the plant to an investor who would pay off the enterprise’s debts and could spend some money on the technical upgrades. Finding such

Demidov Business Center is being put up in one of Yekaterinburg’s streets in full accordance with the schedule; however, a number of problems have recently made the process more complicated, Director of KlaasStroy Mars Sharafulin announced in the course of a meeting at Sverdlovsk Region’s government house. The business center in question is one of the buildings that have to be completed by the beginning of the Shanghai Cooperation Organization summit that is to take place in Yekaterinburg next year. Mars Sharafulin reports Yekaterinburg transport and traffic committee is not prepared to

August 18, 2014. Chkalovsky District Court of Yekaterinburg sentenced the director of several firms Alexander Osminin to three years in prison; the man was found guilty of embezzling 7m RUR that had been allocated from Sverdlovsk Region budget to the development of nanotechnologies, the press officer of Sverdlovsk Region public prosecution authorities reports. It was determined by the court that in 2008-2011, the businessman signed a number of agreements with Sverdlovsk Region Government for Industry & Science relating to reimbursement of money spent on scientific research and development

Russian law-enforcement authorities closed the criminal case involving a Siemens employee, the company says in its quarterly report. As has been reported earlier, the Russian authorities carried out an investigation based on a suspicion that the budget money had been misused through offering Siemens a contract for the delivery of medical equipment to Yekaterinburg in 2003-2005. On July 5, 2011 the inquiry involving a Siemens employee was closed, with all the charges dismissed,’ Interfax quotes the company as reporting. In November 2007, Siemens representative for Sverdlovsk Region Lev Dubnov