08 April 200809:15

Koltsovo airport’s rental rates must be reconsidered, Rosimuschestvo says

Sverdlovsk Region Court of Arbitration is to consider the claim laid by Rosimuschestvo’s regional division against Koltsovo airport of Yekaterinburg. Rosimuschestvo is planning to cancel the rental agreement it has with the airport regarding its premises. The court’s press officer reports this agreement involves the renting of state-run property such as the airport apron, the runways, the aircraft parking areas and so on; the whole set’s balance sheet value has been estimated to come to 397,285,629 RUR. ‘The airport’s rental rates haven’t changed since the 90s, which means they really must be
08 April 200809:11

URSA Bank’s own funds reach 25.8 billion RUR in January-March 2008

URSA Bank’s balance sheet total doubled over the first quarter of 2008 and amounted to 292.2 billion RUR; the bank’s net assets (calculated in accordance with Interfax’s standards) rose by 1.9 times and reached 202.4 billion RUR in January-March 2008. URSA Bank’s own funds increased by 2.1 times and came to 25.8 billion RUR on April 1, 2008, which is 13.3 billion RUR better than a quarter earlier. The bank’s loan portfolio grew by 58.2% and came to 119.1 billion RUR: the company’s retail loan portfolio went up by 90%, reaching 62.3 billion RUR, while the business loan portfolio rose by 34%
07 April 200809:19

Kinetika is Urals’ first business to get ISO 9001:2000 certificates

Kinetika, the logistics company, became the Urals’ first business to get ISO 9001:2000 quality management system certificate for safekeeping and processing of cargo. The certification procedure was carried out by TÜV Rheinland Group’s Russian representation. ‘The certification was mainly targeted at officially proving to our customers that this company’s logistics services meet the highest international standards and that the quality of these services is both dependable and guaranteed. This isn’t just a fad, this is a sign of our system approach to business efficiency,’ the company’s GD
07 April 200809:13

Chairman of Chelyabinsk Tube Rolling Plant declared Environmentalist of the Year

Chairman of Chelyabinsk Tube Rolling Plant Alexander Fedorov was declared the Environmentalist of The Year at the second All-Russian conference on the industrial bionomics and development of economic mechanisms of environmental protection. Mr. Fedorov was granted this honorary title for his considerable contribution to the development of conservational culture in Russia and his support of the environmental priorities of the country’s industrial enterprises. In addition, Chelyabinsk Tube Rolling Plant was awarded with the European Quality Gold Medal in Russia’s 100 Best
07 April 200809:11

Ural Airlines launches extra Moscow-Yekaterinburg flight

Ural Airlines is to start operating an additional Moscow-Yekaterinburg flight on April 9, 2008. The plane leaves Domodedovo airport at 11.50 PM and arrives at Koltsovo airport in Yekaterinburg at 4 AM every Wednesday, Thursday, and Friday. The airline operates six flights bound for Moscow and back daily. Special tariffs (with cheapest single tickets available for only 2,200 RUR, excluding the fuel fee) were offered to customers beginning from March 25, 2008, even though the number of seats is limited. U6-264, the Yekaterinburg-Moscow flight, leaves Koltsovo at 6.50 AM and arrives at
07 April 200809:07

SKB-Bank leads Russian lending market in 2007

RBC.Rating came up with the results of its last year’s research on the banking market aimed at finding the banks that were most successful in offering loans to private individuals. The agency’s analysts report, referring to the Central Bank of Russia, that the country’s banks provided individual customers with 3.6 trillion RUR worth of loans altogether in 2007, which exceeds the figures for a year earlier by 50.37%. The market growth can be explained by economic development and the population’s rising income, they say. SKB-Bank hit Russia’s Top 30 Largest Banks rating in terms of consumer
07 April 200809:05

CFM International and Ural Airlines strike deal

Ural Airlines and CFM International signed a contract for the delivery of fifteen CFM56-5B4/3 and CFM56-5B3/3 air engines for seven Airbus A 320 airplanes on April 3, 2004. The contract-signing ceremony was attended by Head of Sverdlovsk Region Government Viktor Koksharov and Sverdlovsk Region’s Deputy Minister for Industry and Science Anatoly Gredin. The sum of the transaction is reported to come to about $125m. The preliminary agreement was signed in France last summer. The airline had to decide what time of aircraft to buy first, with the final price of an airplane depending on the
04 April 200808:19

Khortytsa backs up Denis Simachev’s concert in Yekaterinburg

Khortytsa coordinated a youth culture event in Yekaterinburg by backing up a concert of Denis Simachev, a young designer who co-played a three-hour set with a DJ known as One Dollar at Pushkin Bar & Basement Club, the company’s press officer said to UrBC. The event proved to interest the city’s clubbing community a lot. ‘Keep an eye on the bills, and Khortytsa will give you the most unusual and exciting concerts,’ says Roman Marchenko, Khortytsa’s Russian representation’s director.
04 April 200808:17

URSA Bank sets up 104 cash-in ATMs

URSA Bank has recently introduced an option of making loan payments and topping up one’s accounts through cash-in ATMs. The bank’s Siberian branch can already boast 104 such machines that handle VISA and Master Card, while all the operations are made using the ruble; there is no fee for the service. ‘Cash-in ATMs spare the customers the trouble of queuing or having to ask for a clerk’s help, which means they save a lot of time into the bargain. This is something that Russian and foreign leading banks turned to a long time ago in order to relieve their front offices and improve on the quality
04 April 200808:15

RENOVA Stroy Group’s satellite project is unique, Petr Sumin says

Russia’s newly elected president Dmitriy Medvedev conducted a meeting of the Russian Federation President Top Priority National Projects and Demographics Council, partly in order to discuss the multi-faceted area development project known as the Sun Valley that is currently being implemented by RENOVA Stroy Group in Chelyabinsk Region. The meeting was attended by Governor of Chelyabinsk Region Petr Sumin. ‘The major way of implementing the Affordable and Comfortable Housing to Russian Citizens national project in Chelyabinsk Region is multi-faceted development of cities and smaller
04 April 200808:13

UC RUSAL to go for social projects, Viktor Koksharov says

Head of Sverdlovsk Region Government Viktor Koksharov said referring to a miners’ strike in Severouralsk that he conducted a meeting of the government, trade unions, public prosecution authorities, the region’s Ministry of Internal Affairs, and UC RUSAL (the mine proprietor) representatives on Tuesday. ‘We looked into the ways of solving this problem, and UC RUSAL’s management assured us in the course of this meeting that they intended to implement all of their social projects, including an investment program for Severouralsk bauxite mine development. In addition, the company will carry on
04 April 200808:11

Nizhniy Tagil Iron & Steel Works’ steelmaking unit to undergo reconstruction

Nizhniy Tagil Iron & Steel Works (member of Evraz Group) keeps working on its four-year oxygen converter upgrading project, the spokesperson for Evraz Group said to UrBC. The shop’s steelmaking converter has been shut down for the time being, as the unit is to undergo some thorough reconstruction. Everything is to be completed within seventy-five days, with 1,500 experts and workers taking part in the process. In the meantime, the shop itself will keep operating as usual. The better part of the new machinery has already been delivered, and the company’s workers have assembled the main