Russia’s Federal Antimonopoly Service ruled that UC RUSAL Trading House violated Article 10 (part 1, paragraph 8) of the Federal Competition Protection Act. The offense consisted in UC RUSAL Trading House refusing to supply KR-1 silicon to Permtsvetmet in August-November 2010, even though the two companies had signed a shipment agreement, the supplier received the applications for the supply of goods at determined prices, and there was every possibility of delivering the goods in question. The FAS committee thus came to the conclusion that UC RUSAL Trading House’s systematic failure to

First Deputy Mayor of Yekaterinburg Sergey Shvindt coordinated a meeting to check on the progress of Yekaterinburg’s application portfolio for the world football championship in 2018. Shvindt observed that the portfolio was quite an extensive file whose preparation involved nearly all the divisions of the city council. This is actually a sort of an investment program that gives the reader an idea of what and how much should be invested in the development of the city’s infrastructure to prepare the place for the championship. This means that the portfolio includes sections on the sports and

RosTransAvto was selected as the official dealer of the large Turkish holding SANKO MAKINA San. ve Tic. A.S., the company reports. RosTransAvto delivers SANKO MAKINA’s MST-branded machinery. The supplier’s excavator loaders are fitted with the same high quality joints and units as the ones found in the equipment made by the world’s leading manufacturers. For one, this includes Perkins engines made in Great Britain, the Italian-made Power Shift-type Carraro automated gearing system with an electronic control unit, Casappa hydraulic pumps made in Italy, and the U.S.-made Husko hydraulic

Deputy Head of Sverdlovsk Region Government and the region’s Minister for Industry & Science Alexander Petrov offered some comments on receiving a punitive reprimand for combining state service with being the Managing Director of Reltec International s.r.o. based in the Czech Republic. The information to this extent was earlier checked on by the regional public prosecution authorities. It was revealed that in 2005-2011, Petrov was the Managing Director of a profit-making company ReltecInternationals.r.o, whereas under the existing legislation, a member of Sverdlovsk Region Government

The designers of Sinara Group’s Ural Locomotives and their Siemens AG counterparts are now developing a DC electric train, the ES2G Series Siemens Sinara City Express. The technical design specification was provided by the Russian Rail, while Desiro RUS (Lastochka) electric train that is now being developed for the Sochi Olympics will be used as the model for the new make. The Ural variety of the train will have a number of new technical characteristics, which is why a lot of additional designers’ work and implementation of new engineering solutions will be necessary. The Russian and the

Sverdlovsk Region’s public prosecution authorities conducted an inquiry at the regional Ministry for Industry & Science. It was determined that Alexander Petrov, who was appointed Deputy Head of Sverdlovsk Region Government and the region’s Minister for Industry & Science by Governor of Sverdlovsk Region (decree No. 1212-UG dated December 28, 2009), was the Managing Director of a profit-making company ReltecInternationals.r.o. (based in Prague, the Czech Republic) in 2005-2011. Now under the existing legislation, a member of Sverdlovsk Region Government cannot get engaged in any

Fyodor Voropayev is leaving his post as the General Director of YIT Uralstroy. The company reports the executive is being transferred to the position of the Business Development Director so that he can concentrate on the new directions in the company’s business activity. He will still remain YIT Uralstroy and YIT Kazan’s BOD member and Chairman of Olimp-Service Management Company’s Board of Directors as well as a YIT Uralstroy’s shareholder Roman Gibov, currently First Deputy GD, will replace Voropayev as the General Director of YIT Uralstroy.

The Board of Directors decided to go through with the recommendations of Uralmash Machine-Building Corporation and to accept their share purchase offer. The corporation that already owns a 98.91% stake in Uralmashzavod suggested to the latter’s stockholders that the remaining shares should be bought out. The shares in question are the registered preference Type A ones coming from the first share issue, and the proposed purchase price comes to 51 RUR apiece.

Ural Airlines is opening a new Prague-bound flight from Nizhniy Novgorod. This direct, non-stop flight will be operated on a weekly basis, every Saturday. The first Nizhniy Novgorod-Prague flight will be operated on March 24, 2012. All the flights will be operated using the modern an comfortable A320 aircraft with a full-scale business class. Round trip prices start from ?230 (plus fees and charges). The air carrier currently operates weekly flights from Nizhniy Novgorod to Dubai as well. In the summertime, Ural Airlines will also be offering flights to Varna, Tivat, and Paphos.

Cushman & Wakefield finished off the year 2011 with the financial performance indicators that were two times better than the ones for a year earlier, as the company went through with a number of significant deals in the field of office, trading, and warehousing estate,’ the company’s press service reports. ‘The year 2012 is most likely to be trying, so the end-of-year results won’t be as impressive as they were in 2011, but the market will probably keep up with its current positive dynamics. In 2012, we intend to focus on the further buildup of our presence in the Russian regions and the

The Federal Public Assets Management Agency (acting on behalf of the Russian Federation) became the owner of a 7.4% shareholding in E.S. Yalamov Ural Mechano-Optical Plant Production Association. Prior to the transaction, the Russian Technologies State Corporation used to hold a 100% stake in this Yekaterinburg-based plant. ‘An additional share issue was launched in May 2009. We went through with this issue this January, so now we have got a new shareholder, Rosimuschestvo,’ the plant’s Securities Director Yuri Bushmakin told UrBC.

X5 Retail Group’s supermarket Karusel is closing down its Magic Card loyalty program in Yekaterinburg. The customer cardholders’ bonus points are now written off their cards when a purchase is processed at the till as the cashiers explain no points can be accumulated any longer. They do not give the reason for the program wrap-up, however. Karusel started selling its loyalty Magic Cards in Yekaterinburg slightly less than two years ago, on April 12, 2010. Shortly before the start of the sales (in late March) Karusel’s Yekaterinburg-based supermarkets in Park House and Alatyr Shopping Centers

Ural Airlines is launching a special offer on its Gyandzha-Saint Petersburg flights. Starting February 1, 2012, the price of a one-way ticket will only come to ?70, the air carrier’s press service reports. A 50% discount is also available on children’s tickets. What is more, a passenger can now check in bags weighing up to 40 kg altogether free of charge; this new regulation applies both to economy and business class passengers. Tickets are available via the company’s website www.uralairlines.com or in the booking offices. The flights are operated using Airbus A320 aircraft.

UralSib Management Company and the Ural Bank for Reconstruction & Development announce they signed an agency agreement that will allow the bank’s customers to invest their funds in UralSib’s unit investment funds. UralSib Management Company is thus to offer the UBRD’s customers eight unit investment funds open to choose from: UralSib First Fund, UralSib Conservative Fund, UralSib Professional Fund, UralSib Russia’s Metals, UralSib Oil & Gas, UralSib Energy Prospect, UralSib Infrastructure & Telecommunications, and UralSib Russian Finances.

A land allotment where a Buddhist temple is being put up illegally by the believers’ community of Kachkanar pertains to Quarter 27 (Unit 11) of Kachkanar division of Kachkanar forestry fund (Verkhoturskoye ranger district) and is owned by the state, Sverdlovsk Region’s Natural Resources Minister Konstantin Kryuchkov explained to UrBC. Meanwhile, president of the Diamond Way Buddhist Center of the Karma Kagyu Lineage in Kachkanar Alexander Berezin appealed to the media on behalf of the local Buddhist community, who have been working on their Shadchupling Monastery on Mount Kachkanar,

Parts of Governor of Sverdlovsk Region Alexander Misharin’s staff car (a Mercedes) have been sent to Germany for an examination by a board of experts, head of Investigative Department of Russia’s Investigative Committee Sverdlovsk Region Division, Colonel of Justice Valery Zadorin announced at a press conference in Yekaterinburg. The Governor’s automobile and accompanying cars were involved in a bad accident on Yekaterinburg-Servo freeway on December 1, 2011. The Governor’s Mercedes collided with a Volga, whose driver was killed. Misharin and his chauffer were badly injured. ‘We haven’t got

In case Yekaterinburg gets selected as the city to host the EXPO 2020 exhibition, $20bn will be allocated from the federal budget to coordinate the event, Sverdlovsk Region’s Minister for Investments & Development Mikhail Maksimov said in the course of the recent Investment Safari Forum in Yekaterinburg. ‘We are not quite ready to host EXPO right now, but if we do manage to prepare and to convince the arriving committees that the project is feasible, we will be trusted to organize the exhibition,’ the official said. ‘The government said: we will provide you with the resources. If you win,

Ural Airlines came up with a special offer for business class passengers traveling from Moscow to Cologne. Starting February 3, 2012, customers can buy tickets for the flight for only ?199 (one-way) or ?389 (round trip), plus fees and charges. Starting April 2, 2012, flights from Cologne to Moscow’s Domodedovo Airport will be operated every Monday, Wednesday, and Friday. All of Ural Airlines’ flights are operated using Airbus A320 planes with a full-scale business class section. Tickets can be booked via the air carrier’s official website www.uralairlines.com and in the booking offices.

Sverdlovsk Region Arbitration Court accepted the claim laid by AstanaEnergoPromStroy & Co against Beloyarskaya Nuclear Power Station (US BAES) for processing. The plaintiff insists on being paid 73.98m RUR. This is actually not the first claim AstanaEnergoPromStroy & Co lays against US BAES. In 2010, the Kazakh company appealed to an arbitration court, hoping to make the defendant provide the plaintiff with the copies of the as-built documentation, namely, acts of work completion, signed by the director and sealed with the company seal. AstanaEnergoPromStroy & Co was involved in

One of MDM Bank’s Yekaterinburg-based offices – the outlet at 4V Chebyshev St – is now offered for sale. The office has been estimated at 266m RUR. The bank reports they are already negotiating with the potential customers. For one, the representatives of B.N. Yeltsin Ural Federal University have shown an interest in the purchase, and so has Yava Corporation located nearby in Generalskaya St. According to the owner’s representative’s estimates, this is not an ordinary type of real estate: a twelve-storey building was designed specifically as a bank. MDM Bank admits that the negotiations are