A Yekaterinburg-based customer of Home Credit & Finance Bank managed to have a number of terms contained in the bank’s agreements declared invalid by the court. The court ruled that the customer’s loan agreement was invalid in that it charged a commission of 1.725% a month for the issuance of a loan, a commission for topping up one’s loan account, and that the bank made it compulsory for the borrowing party to get insured against an accident and pay 8,912 RUR for it. The bank will now have to pay B., the plaintiff, 8,910 RUR – the insurance fee, as well as 24,178.7 RUR – the commission

Ural Federal District’s division of Rosprirodnadzor (the state environmental watchdog) completed its unscheduled inspection of Sinara Pipe Plant that was aimed at checking the plant’s compliance with two earlier orders. As it turned out, the company failed to fulfill one order, with a new order issued for the enterprise. Two Rosprirodnadzor experts were sent to take part in the investigation carried out by Sverdlovsk Region public prosecution authorities upon the request of Ural Federal District’s division of Russia’s General Prosecutor’s Office; the inquiry is targeted at verifying the

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed a list of Russian enterprises that make a negative impact on the environment and must be subject to environmental surveillance by the state. Orders were signed in eighty-three federal constituencies, including Sverdlovsk Region. For one, OAO Sevuralboksitruda (OAO SUBR) has been placed on this list.

OAO Bank24.ru’s e-banking security certificate expired recently. Starting Friday, January 21, 2011, all of the bank’s e-users could only see a message notifying them that the security certificate was invalid when they tried to open i.bank24.ru service. ‘i.bank24.ru has been using an invalid security certificate. The service expired on January 21, 2011,’ the message reads. According to the customer manual, using e-banking services without a valid certificate is not totally safe. However, the bank’s system still suggests that the users keep on performing the transaction by clicking a button

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a negative impact on the environment and must be subject to environmental surveillance by the state. The decrees to this extent were signed in eighty-three federal constituencies, including Sverdlovsk Region, says the Ministry’s press service. For one, Vanadium, a Kachkanar-based ore mining and processing enterprise, has been placed on this list.

The net profit of OOO Home Credit & Finance Bank decreased by 1.26 million RUR, or 37.88% in the last quarter of 2010, that is, from 3.34 million RUR in the third quarter of the year down to 2.01 million RUR in the fourth quarter, the bank’s official report states. The organization explains the drop in profits has to do with having to pay the third quarter’s tax and to make greater advance payments on profit tax.

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a negative impact on the environment and must be subject to environmental surveillance by the state. The decrees to this extent were signed in eighty-three federal constituencies, including Sverdlovsk Region, says the Ministry’s press service. For one, OAO Uralvagonzavod Scientific Production Corporation has been placed on this list.

UrBC, Magnitogorsk, Chelyabinsk Region, January 21, 2011. Magnitogorsk Iron & Steel Works (MMK) delivered 500,000 tons of flat stock made at the company’s Mill 5000 to United Metallurgical Company (OMK), MMK PR Department reports. These wide-measure sheets have been produced by MMK for Vyksunsky Metallurgical Plant (a member of OMK) since November 2009. The product is meant for making large-diameter pipes used in oil and gas pipeline construction. ‘OMK is our company’s strategic partner and one of our Mill 5000 flat stock key consumers,’ says MMK BOD Chairman Viktor Rashnikov. He says MMK

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a bad impact on the environment and must be subject to environmental surveillance by the state. For one, OAO Ural Chemical Reagents Plant based in Verkhnyaya Pyshma, Sverdlovsk Region, was placed on this list.

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a bad impact on the environment and must be subject to environmental surveillance by the state. For one, OAO Concern Kalina, a cosmetics manufacturer, was placed on this list.

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a bad impact on the environment and must be subject to environmental surveillance by the state. For one, Yekaterinburg-based OAO Koltsovo Airport was placed on this list.

The net profit of OAO Khanty-Mansiysky Bank decreased by 40.2% in 2010, that is, from 324.87 million RUR down to 194.38 million RUR. The bank explains the net profit went down because of the need to set up possible loss reserves and because of the growing operating expenses.

Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a bad impact on the environment and must be subject to environmental surveillance by the state. For one, Logopark Pyshma was placed on this list

UrBC, Magnitogorsk, Chelyabinsk Region, January 20, 2011. Russia’s Ministry for Economic Development approved of a program for the introduction of electric steel-smelting technologies at Magnitogorsk Iron & Steel Works (MMK) as a JI project run in accordance with the Kyoto Protocol and the United Nations Framework Convention on Climate Change regulations. The result is that MMK is now the joint implementation project’s investor with a granted right to sell its emission reduction units (ERUs) in accordance with the Kyoto Protocol mechanisms. The JI project mechanism described in Article 6

Sverdlovsk Region Arbitration Court ruled on December 22, 2010 that ZAO Bauerhof (63 Gurzufskaya St. Yekaterinburg) is to undergo bankruptcy proceedings, thus resolving case А60-25401/2010-C14, Kommersant reports under its Insolvency Announcements heading. Evgeny Legalov, a member of Self-Regulatory Organization of Central Federal District Trustees in Bankruptcy Non-Commercial Partnership, was chosen as the company’s provisional trustee in bankruptcy.

Russia’s Minster for Natural Resources & Environment Yuri Trutnev confirmed the lists of Russia-based facilities that make a negative impact on the environment and must be subject to the environmental surveillance by the state The orders to this extent were signed in the territories of eighty-three federal constituencies, including Sverdlovsk Region, the Ministry’s press service reports. For one, OAO Uralelectromed based in Verkhnyaya Pyshma was placed on the list.

OOO Asmoto will no longer be selling luxury cars and is switching to the less expensive KIA, the car show’s managers told UrBC. The company used to deal in selling Chrysler, Jeep, Daewoo, and Dodge makes before. ‘We are now gradually switching to KIA; it’s more of a ‘people’s car’ and it’s closer to the customers, the managers said. The reason behind this decision is the supply problems. ‘If we had the cars, as well as promotion and advertising, we would keep on selling these makes; the demand would be much greater then,’ it was said, even though it was admitted the supply was not the

Russia’s Minster for Natural Resources & Environment Yuri Trutnev confirmed the lists of Russia-based facilities that make a negative impact on the environment and must be subject to the environmental surveillance by the state The orders to this extent were signed in the territories of eighty-three federal constituencies, including Sverdlovsk Region, the Ministry’s press service reports. For one, Sverdlovsk Heating Network, a daughter enterprise of TGK-9, was placed on the list.

OAO Ural Airlines reached its best-ever performance results in 2010, which was all in accordance with the company’s business development plan. For the first time last year, the company flew over 1.5 million passengers within twelve months. The exact figure came to 1.79 million people, which was 20% better than in 2009. 661,400 people used Ural Airlines’ international flights, of whom 167,190 passengers took scheduled flights; this was 59% more than in the year 2009. ‘Such performance was made possible due to the introduction of quite a few new flights last year. For one, Ural Airlines

Ural Federal District’s division of Russia’s Federal Financial Markets Service completed its desk audit of OAO Yuveliry Urala, a jewelry business. The audit was aimed at checking the company’s compliance with the existing Russian securities legislation, namely, with the rules of information disclosure. Upon the completion of the audit, the joint stock company was ordered to eliminate the detected violations of the law and to prevent the violations of Russian legislation in the future.