The inquiry team is now busy confiscating the documentation of UTair Airlines following the airplane crash in the vicinity of Tyumen, Russia’s Investigative Committee reports. ‘The company’s technical and pre-flight documentation is now being confiscated,’ the message states. UTair’s pssenger plane ATR 72 flying from Tyumen to Surgut crashed during take-off. There were forty-three people on board, of whom thirty-two (according to the latest updates) were killed.

Ural Insturment-Making Plant has been placed on the list of companies that owe over 1m RUR to the Russian Federation budget. These data (as of March 15, 2012) were provided by Sverdlovsk Region division of Russia’s Federal Tax Service.

A joint working team comprising the representatives of Seversky Pipe Plant and NL Agency under the Dutch Ministry of Economic Affairs, Agriculture and Innovation will be working on an energy-saving project that will be implemented at the plant, the Governor’s PR Department reports. The Dutch energy-saving experts arrived in Sverdlovsk Region on March 29. Their two-day visit comprised a trip to the plant, where the plant’s management presented them the company’s production technologies and had a look at the Dutch party’s presentation on improvements in the field of energy-saving for

MMK Group’s trade union committee decided to raise the allowances paid to support the health of children of employees working at Magnitogorsk Iron & Steel Works (MMK), its daughter enterprises, and affiliate organizations in the summer of 2012. MMK is also preparing for the summer health campaign for the workers’ children. This is why the trade union committee actually decided that the compensation for the expenses related to paying for the trade union members’ children’s stay at MMK’s health resorts should be increased by 500 RUR. The trade union reimbursed 2,500 RUR to the workers last

Greenwich Shopping Center got a mobile app for iPhone and Android developed recently. The app can be downloaded from the online stores Android-Google Play and iPhone-AppStore’s official websites. Greenwich mobile app gives its users an opportunity to receive updates on all the news at the mall right onto their phones on a daily basis; the news is distributed via push notifications and widgets. The application can be downloaded with the help of a QR code or from Google and Apple’s official stores.

Sverdlovsk Region Government decided to buy four shares of Central Stadium, with face value of 1,000 RUR each; the shares are available through an additional share issue and will be purchased with the funds provided for by Sverdlovsk Region’s public property management and public property privatization program for 2012. Sverdlovsk Region Ministry for Public Property Management was requested to sign a purchase and sale agreement and pay for the shares. The government’s decree to this extent was carried by Oblastnaya Gazeta today. ‘This purchase will secure Sverdlovsk Region’s blocking

Ufaleynickel incurred 689.05m RUR of net losses (calculated in accordance with the Russian Accounting Standards) in 2011, which exceeded the figures for a year earlier by 475.2 times, the company reports. Ufaleynickel’s revenues declined by 9% last year in comparison with the year 2010 and amounted to 8.08bn RUR; this includes revenues stemming from the sales of industrial produce (which went down by 3.8% and reached 6.22m RUR), Kommerant says.

A group of delegates from the Chinese company CIMM Co. Ltd visited Karabashmed. The delegation was headed by the company’s First Deputy DG Zhang Saoming; CIMM Co. Ltd is the company which is working on the copper enterprise’s project and supplies the machinery for its new vitriolic department. At the moment, presentations are being made on the vitriolic department equipment, and talks are being held by the technical experts. The parties are negotiating over the particular components of the equipment that could be supplied and over the terms of the contract. In the future, the two companies

SECOM, the Ural Region-based strong drinks supplier, laid a claim against Kostya Tszyu Boxing Academy with Sverdlovsk Region Arbitration Court; the plaintiff wants to get back 50,000 RUR it lent the defendant. The corresponding application was placed with the court on March 23, 2012. SECOM’s Legal Department explained to UrBC that the fund had been offered a 1m-RUR loan, but the remaining unpaid portion of the debt (50,000 RUR) had to be obtained through the court, despite all the existing agreements and the Academy’s promises to pay the money back. When UrBC reporter called the boxing

In 2011, United Company RUSAL’s Polevskoy Cryolite Plant incurred 406.76m RUR worth of net losses, which was 2.4 times less than in 2010, Interfac Ural refers to the company’s report as stating. The enterprise’s revenues rose by 1.75 times in 2011 compared with 2010 and came to 1.55m RUR.

Evraz Plc made $453m in terms of net profit by the end of 2011, which was 3.6% less than a year earlier, the company’s press service reports. At the same time, Evraz’s revenues increased by 22.4% last year and amounted to $16.4bn. The company’s EBITDA went up by 23.3% and reached $2.89bn. The enterprise’s gross profit soared by 27.7% and came to $3.92bn, while its operating profit increased by 39.8% and came to $1.86bn; the pre-tax profit rose by 37.9% and came to $873m. As of December 31, 2011, the company’s total debt amounted to $7.2bn (compared with $7.8bn at the end of 2010). Its net

The Bank of Moscow’s Board of Directors decided to close down the bank’s representation in Frankfurt am Main, Germany, as well as its Syktyvkar subsidiary at 9 Pervomayskaya St in Syktyvkar.

‘We did receive a letter from Sverdlovsk Region public prosecution authorities. The letter has been registered, so now our priority case investigation department is looking into the application. We have to decide whether to institute criminal proceedings against the region’s Economic Affairs Minister Evgeny Sofrygin, who is suspected of violating the migration law through exceeding Sverdlovsk Region’s foreign workers quota for 2012,’ the official representative of Sverdlovsk Region division of Russia’s Investigative Committee Alexander Shulga told UrBC. Meanwhile, the public prosecution

Nomos-Bank Group came up with a performance report for 2011 (compiled in accordance with the International Accounting Standards), Kommersant says. The Group’s net profit reached 12.1bn RUR by the end of 2011 against 7.4bn RUR in 2010. Nomos-Bank is the key business within a group comprising five other banks: Nomos-Regionbank, Nomos-Siberia, Inbank, Khanty-Mansiysky Bank, and Novosibirsk Municipal Bank, as well as a number of non-financial organizations. The bank’s primary stockholders are ICT Group and the Czech Republic-based PPF Group. Напомним, ОАО «Номос-банк» является головной структурой

Urals Power Engineering Center made 4.96m RUR worth of profit in 2011, which was actually 13.7 times less than in 2010, the company’s official report states. At the same time, the company’s revenues increased by 28% and came to 2.13bn RUR.

It was proposed that the duration of Innoprom exhibition in Yekaterinburg be prolonged from four to five days. This suggestion was voiced at the meeting dedicated to the upcoming event that was chaired by Governor Alexander Misharin. ‘It is important to give as many locals and visitors to the region a chance to visit the exhibition. In fact, the decision was actually taken as early as last year at the end of that summer’s exhibition, when many people said they wished the exhibition could last longer,’ the Governor said. This Ural International Exhibition/Forum for Industry & Innovations

Some FIFA representatives and members of the World Cup 2018 coordination committee are planning to visit Yekaterinburg soon. The visit has been scheduled for May 14, 2012 and will probably be the last one before the officials decide whether Yekaterinburg is going to be among the hosting cities for the championship in 2018. First Deputy Head of Yekaterinburg Administration Sergey Shvindt announced at a special meeting on World Cup 2018 preparations that visitors to the Urals’ capital would take a look at Koltsovo Airport, Central Stadium, and Historic Park where a fans’ festival would be held.

Ural Airlines acquired its own cockpit mock-up to train its pilots to operate Airbus 320 planes, the company’s Deputy DG Alexei Fomin told the reporters. ‘The airline is launching its training center in April. We bought this Airbus 320 mock-up right off the conveyor belt, so it’s new and unused,’ he said at a press conference in Nizhniy Novgorod. Fomin explained that prior to the opening of this center, the company’s pilots had to undergo training on the outside foreign airlines’ equipment. ‘Now they can train at home and save money on all the travel expenses and business trips,’ he added.

The pipe-welding department of VSMPO-Avisma Corporation had to stop operating temporarily in early March 2012, Interfax refers to the company as reporting. ‘At the beginning of March, after our order for Korea had been completed, all the jobs within the department were halted. The workers were offered temporary positions at the corporation’s other departments. At the moment, the order portfolio of the pipe-welding department is non-existent. The fact that the department has been left with no orders is sad but not tragic,’ the company reports. The halt is expected to last until the end of

Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark in Russia Tom Risdahl Jensen informed Governor of Sverdlovsk Region Alexander Misharin that a group of Danish delegates were planning to take part in Innoprom 2012. According to the Ambassador, the decision was taken thanks to the positive outcome of the Russian-Danish meetings that were held in Yekaterinburg in mid-March. The official also thanked the region’s Ministry for International and Foreign Economic Development for the organization of negotiations crucial to the Danish companies and of visits to the Urals-based