29 June 201110:30

Ural Airlines Buys One More Airbus А320

Ural Airlines keeps renovating its fleet of vehicles. An Airbus A320 fit for 156 passengers arrived in Koltsovo Airport of Yekaterinburg last Saturday and set off for its first Yekaterinburg-Moscow flight at once. The plane will from now on be used for the summer flights. Now that one more A320 was added to the air carrier’s fleet, the company runs eighteen Airbus planes altogether (thirteen A320 makes and five A321 models). The new aircraft is the fourth one Ural Airlines has bought in the year 2011, the carrier’s press service reports.
28 June 201109:14

METCOMBANK To Launch 5bn RUR Bond Issue

METCOMBANK Board of Directors considered and approved of the idea to launch a Series 01 and 02 bond issues worth a total of 5 billion RUR, the bank’s press service reports. The first bond issue amounts to 2 billion RUR, the second one to 3 billion RUR, with each bond coming at face value of 1,000 RUR apiece. The bonds will remain in circulation for three years (1,098 days) from the day of the launch. These securities will be distributed via a public subscription, with the coupon yield for every coupon period reaching a certain percentage of the bonds’ face value; it is to be paid on the day
28 June 201109:12

Governor’s Mercedes Lawsuit Starts in Sverdlovsk Region

A preliminary hearing was held in Sverdlovsk Region Arbitration Court today regarding the claim laid by the region’s public prosecution authorities on the legitimacy of purchasing a Mercedes for the needs of Sverdlovsk Region Government’s car park. The defendants in the case are OOO Stern, Sverdlovsk Region Government Car Park, and the regional State Orders Department. Sverdlovsk Region’s division of Russia’s Federal Antimonopoly Service was involved in the case as a third party. The case was considered by Justice Marina Toropova. The claims have remained essentially the same and boil down to
28 June 201109:12

Tour Operators Might Cancel Contracts with Sky Express

Some of the tour operators are prepared to cancel their agreements with the air carriers and call off their deposits. These are the airline owners who must deal with the problem, what we are getting is the last year’s scenario. If the proprietors don’t do anything about the issue, they might have to face some most serious consequences,’ the Association of Russian Tour Operators’ official website quotes Head of the Association’s Transport Committee Dmitri Gorin as saying. Now Rosaviation announced last week that because Sky Express had been delaying flights for a long time more and more often
27 June 201109:37

Ural Airlines Starts Flying from Yekaterinburg to Samarkand

Ural Airlines recently launched scheduled flights from Yekaterinburg to Uzbekistan’s second largest city Samarkand. The company’s press service reports that the flights will be operated on a weekly basis, namely, every Friday. The plane is to leave Yekaterinburg at 2:00 AM and to arrive in Samarkand at 3:55 AM; then the plane takes off in Samarkand at 5:25 AM and lands in Yekaterinburg at 9:25 AM. The flights will be operated using an Airbus A320.
24 June 201109:01

Uralkhimmash Passes Dividend

The stockholders of Ural Chemical Machine-Building Works (Uralkhimmash) decided in the course of the annual general meeting not to pay any ordinary share or type A preference share dividends for the year 2010. The enterprise gave up on the idea of profit distribution because it suffered losses last year. In addition to the issue of dividends, the AGM was also dedicated to approving the annual report and the annual accounting report and electing the nine members of the Board of Directors.
24 June 201109:01

Geely Might Get Assembled in Sverdlovsk Region again

The Chinese car manufacturer Geely might set up one more assembling site in Russia. In addition to Derveis in Circassia, where Geely MK is produced, the Chinese company is currently negotiating for the resumption of production at Yekaterinburg-based AMUR car factory. If the parties involved come to an agreement, the new Geely models will be assembled at the Russian facilities, RBC daily reports. Nothing has been settled yet, as the talks only began a few weeks ago. We are not talking about relocating Geely MK production from the plant in Circassia to the Urals. The proposal in question is to
23 June 201109:34

Number of Tourists Coming to Russia Drops

The tourist in-flow from countries that normally provide for most travelers to Russia has noticeably dropped lately, the Russian Travel Industry Union reports. To handle this incoming tourists problem, the Union sent a proposal to the Russian Ministry of Foreign Affairs, asking to set up an ad hoc team that will look into the potential of tourism at home,’ the Union’s press secretary Irina Turina said at a press conference on Wednesday. Interfax refers to Ms Turina as saying that the Union suggested creating a work team that will involve the Foreign Affairs Ministry’s representatives as well
23 June 201109:32

3 Customs Points Closed around Magnitogorsk

Starting July 1, 2011, the customs control is lifted at the Russian-Kazakh border and is transferred further to the external borders of the Customs Union, where the control of goods and vehicles entering the Union will be carried out. The Customs Union comprises the Russian Federation, the Republic of Kazakhstan, and the Republic of Byelorussia, and the customs control will apply to goods and vehicles coming in from other countries, the press service of Ural Customs Administration reports. This is why three customs points are closed down in Magnitogorsk Customs area, namely, the railway
23 June 201109:32

Moskovia, Kogalymavia Delay Most Flights in 2011

Experts from the Economic Analysis Center RIA-Analitika’s (a division of RIA Novosti) used Rosaviation’s data to compile a rating of Russian airlines based on the share of delayed flights in the total flight turnover in January-May 2011. The rating comprised all the companies whose data for Janaury-May 2011 were available to the experts. The flights were classed as delayed if they took off more than two hours behind the timetable. In the first five months of 2011, the companies that delayed most flights were Moskovia (18.7% of all flights were delayed), Kogalymavia (17.4%), North Wind