The Ural Federal District division of Russia’s Federal Financial Markets Service (FSFR) completed an in-office audit of Ural-Minolta aimed at checking the company’s compliance with the Russian securities legislation; the Service was particularly interested in whether the company complied with the requirements of Russia’s Federal Financial Markets Service’s Order 09-33/pz-n as of August 13, 2009. Following the inspection, an order was issued to the company: Ural-Minolta now must eliminate the revealed violations of the Russian Federation law. The order was directed to the company on August 25,

ChTPZ and Daewoo International Corporation Textile Division signed a contract for the delivery of several tens of thousands of sets of modern, comfortable, and nice-looking workwear for the workers of its ‘white metallurgy’ divisionsVysota 239, the finishing center, Iron Ozone 32, and other departments of Chelyabinsk Tube-Rolling Plant and Pervouralsk New Pipe Plant. The delivery is to be made by December 2011, ChTPZ press service reports. The Korean experts visited the two plants the other day; they said they were impressed by the clean and smart-looking premises and got quite a few extra

Those opposed to the construction of a retail park in Verkh-Isetsky district of Yekaterinburg (to be developed by Forum Group) keep protesting, says Yabloko coordinator for Sverdlovsk Region Irina Skachkova. The construction site was blocked for four hours on Saturday. Activists claimed their went for a walk in the park and presented the authorities the ruling of the Statutory Court that said the area around was considered to be a TOP 1 kind of territory (a park); as they were not allowed to enter the park for some unclear reasons, they decided to have a picnic on the roadside. Incidentally,

The 8th international arms, military vehicles, and ammunition exhibition called Russian Expo Arms Nizhniy Tagil 2011 will take place in the Mid-Urals on September 8-11, 2011 and will present visitors to the fair the hi tech achievements not only of the defense industry but also those of the industrial sector on the whole; this makes the event a logical sequel to Innoprom 2011, the recent innovations exhibition, Sverdlovsk Region’s Minister for International and Foreign Economic Relations Alexander Kharlov says. Representatives of nearly forty countries, including delegations from twelve

A criminal suit relating to death of a number of workers who did some repairs at UC RUSAL Bogoslovsky smelter was recently directed to court. The spokesperson for Sverdlovsk Region public prosecution authorities has already reported earlier on how the criminal proceedings were progressing; the lawsuit in question had to do with violation of labor safety regulations that led to the death of two workers; the victims had been contracted to do some jobs at UC RUSAL Bogoslovsky smelter in Krasnoturyinsk. It was detected that on June 9, 2011, a cable hoist used for lifting some slates collapsed

Zero inflation was observed in Russia, Denmark, and Great Britain in July. These data on inflation in Russia and foreign countries are available via Russia’s Federal State Statistics Service’s website. As for the European Union on the whole, deflation was noticed as the consumer prices index for the EU came to 99.6%. Prices also declined in Norway, Turkey, and Ukraine, whereas the highest inflation rates were seen in Byelorussia (3.5%), the Republic of Korea (0.7%), and Kazakhstan (0.5%). Byelorussia was also No. 1 in terms of the speed of price growth, as prices have gone up by 41% since

A meeting of Sverdlovsk Region Labor Protection Committee took place in Yekaterinburg recently. The number of work injuries at Foratek EnergoTransStroy’s Yekaterinburg subsidiary went up by 3.1 times in 2010 compared with 2009. Every year, the enterprise gets some fatal accidents, with one person killed in 2009, two people killed in 2010, and one person killed in the first half of 2011. The committee considered the problem and decided to bring the subsidiary director A. A. Koltonyuk’s attention to the fact that the enterprise has not been meeting the norms of the Russian Federation Labor Code

According to Kommersant, the profitability of supermarket chain Magnit (which has been the most revenue-successful business in the industry for the last two years) has been going down for two quarters in a row: the company’s EBITDA margin amounted to 6.15% in April-June 2011 against 7% in the second quarter of 2010 and to 8.12% in the entire year 2010. In the first half of 2011, Magnit’s EBITDA margin came to 6.56% compared with 7.3% in the first six months of 2010. Analysts had expected the margin to amount to 6.57%.

Sverdlovsk Region public prosecution authorities completed their check of whether the credit instruments of Ural Exhibition Center had been secured in a legitimate way; now the Center is the investor in the construction of Yekaterinburg EXPO, an international exhibition center, at the expense of Sverdlovskaya poultry factory, a state-run enterprise. It has been determined that the finances for the international exhibition center Yekaterinburg EXPO came from both Ural Exhibition Center’s own funds and the borrowed ones (provided through a loan from Sberbank). The loan payoff was backed up by a

The guests of the 8th international arms and munitions exhibition called Nizhniy Tagil Russian Defence Expo 2011 will be able to see the battlefield and maintenance potential of the foreign states’ military equipment for the first time this year. France and Italy will exhibit their vehicles at the event for the first time ever. Remarkably, these participants are planning to show some combat action moves,’ says Sverdlovsk Region Minister for Industry & Science. For one, the coordinators of the exhibition have already signed contracts with the Italian Iveco, Thales, Nexter, and Renault

Greenpeace claims the produce of fourteen international clothing manufacturers contains some toxic components. The list features such companies as Adidas, H&M, Calvin Klein, Abercombie&Fitch, Kappa, Lacoste, Nike, and Puma, the online portal Molly.Ru reports. The organization’s report states that their research indicated some hydroxy-ethyl alkylphenol content in the clothes and footwear produced by these companies. These compounds are know to be able to convert into nonylphenol during washing, and this chemical can have a detrimental effect on a human’s hormonal balance; it can also

Sverdlovsk Region public prosecution authorities for transportation detected a number of violations in the activity of the three airlines, RIA Novosti refers to head of the authorities Sergey Zabelov as saying. At the same time, no violations were detected in the performance of Yekaterinburg-based Koltsovo Airport, which is where the inspection of frequently delayed flights had taken place. The prosecution authorities began the inspection at the airport at the end of June. According to the data available to the authorities then, seven flights were delayed and four called off on June 27 alone.

The BOD of Ural Diesel Motor Plant (a member of Sinara Transport Machines Holding) appointed Nikolai Ovchinnikov the enterprise’s Director-General. Nikolai Ovchinnikov was previously employed as MSA s.a. Chairman of the Supervisory Board. The former DG Alexei Petrov, who was in office in November 2010-August 2011, took a new job offer.

In the first half of 2011, the revenues of Yekaterinburg-based Koltsovo Airport amounted to 2.15bn RUR, which is a little less than the figure for the first half of 2010. The airport explains the decrease in revenues has to do with the seasonal variations of the air travel market. The company’s net profit increased to 260.79m RUR against the 559m RUR loss in the first half of 2010.

Deputy of Sverdlovsk Region Duma Georgy Persky obtained some detailed information on how the 300m RUR allocated from the region’s budget to prepare Yekaterinburg’s application for hosting the World Universal Exhibition EXPO 2020 will be spent. Now the sum in question is to come from the redistribution of Mid-Urals’ Development Corporation’s budget. 11m is allocated for the official announcement of joining the application process. This figure covers professional advice and coordination on all the papers involved, the analysis of the earlier experience, and some events for the press. In plain

VUZ-Bank (a member of Life Financial Group) and MasterCard announce the start of their special offer called VUZ-Bank and Cirque du Soleil. Under the terms of this special offer, the bank’s customers and MasterCard holders who make at least 10,000 RUR worth of purchases on September 1-30, 2011, will join a lottery; the drawing will take place at the bank’s headquarters on October 7, 2011. The prizes are ten tickets (each valid for two people) for the performance of the legendary Cirque du Soleil that is to bring its show toYekaterinburg on October 15-23, 2011. There will be five tickets for

The issue of Sverdlovsk Region-based Ural Welding Materials Plant’s ordinary registered uncertified shares was halted by Order 62-11-1061/pz-I of Russia’s Federal Financial Market Service’s division in Ural Federal District on August 22, 2011.

The deputies of Sverdlovsk Region Duma approved of the changes in the region’s budget for 2011 relating to the allocation of 300m RUR to prepare an application for Yekaterinburg to take part in the exhibition EXPO 2020. The money will be obtained through reducing the outgoings of Mid-Urals Development Corporation.

Rosaviation will have to decide whether to renew Avianova’s aircraft operator certificate today, Kommersant reports. Head of the agency Alexander Neradko is to discuss the issue with the airline’s director Vladimir Gorbunov, Rosaviation states. Now Avianova’s current certificate (prolonged with ‘limitations’) will expire on August 29, 2011. The main certificate was valid through July 29, 2011 and had to be renewed until the year 2013, but Rosaviation only agreed to prolong this certificate by one month.

Russia’s Federal Antimonopoly Service signed an agreement with Total Razvedka Razrabotka Yamal (Total’s Russia-based daughter enterprise) in compliance with the law on foreign investment in strategic organizations, which allowed the service to give the company a preliminary approval of the transaction that involves the French company buying a 20.5% stake in Yamal-SPG, the FAS reports through its press service. Russia’s FAS and the French enterprise’s agreement ensures the latter party will meet the imposed obligations; this, and the requirements of the Federal Law 57-FZ, gave the antimonopoly