13 March 200811:14

ChTPZ Group delivers 256,800 tons of tubes and pipes in January-February 2008

Chelyabinsk Tube Rolling Plant and Pervouralsk New Pipe Plant (ChTPZ Group’s largest tube and pipe manufacturers) supplied their consumers with 256,800 tons of tubular goods in two months of 2008, which falls short of the figures for January-February 2007 (298,100 tons) by 14%, the Group’s press officer said to UrBC. ChTPZ Group sold 134,500 tons of tubes and pipes in two months of the year, which falls short of the figures for a year earlier (that is, 163,500 tons) by 18%. These figures include a 27% decrease in the amount of large-diameter pipes: his came to 70,800 tons compared with 96,800
13 March 200811:12

Ural Airlines offers free hotel with plane ticket to Moscow

Ural Airlines has recently come up with a new offer for its customers: a passenger buying a plane ticket to Moscow can make a hotel reservation at the Izmailovo Hotel and can get it confirmed right away. A passenger is thus offered a return ticket from Yekaterinburg to Moscow and back and one- to three-day stay at the hotel (breakfast included) at a lower price, the carrier’s press officer reports. If you stay at the hotel for one day, the price of the offer comes to 9,899 RUR per person in a double room and to 10,900 RUR in a single room; if you stay there for two days, the price will come
13 March 200811:10

Danish trade representation set up in Yekaterinburg

The Russian Federation Government assented to the Ministry of Foreign Affairs’ proposal that a trade department of the Kingdom of Denmark’s Embassy in Yekaterinburg could be set up in the city. The Governor of Sverdlovsk Region Eduard Rossel was informed of the news; the proposal had earlier been coordinated by the Russian Federation Ministry for Economic Development and a number of other federal executive authorities as well as the Danish parties involved.
12 March 200809:17

Head of Sverdlovsk Region Government warns compensation might replace free fare in July 2008

‘The gradual replacement of free fare privileges with monetary compensation is unavoidable. The federal authorities demand that we fully switch to monetary compensation of all social welfare benefits (including public transport fares and housing bills) before January 1, 2009,’ Head of Sverdlovsk Region Government Viktor Koksharov said at a briefing on March 11, 2008. ‘The issue is being hotly debated at the moment, with the region’s legislative assembly deputies contributing to the discussion. It isn’t clear yet whether the monetary compensations will have been introduced by July 1, 2008 or
12 March 200809:13

All smash hit concerts performed live, Intershow says

‘Sverdlovsk Region’s concert entertainment market is saturated with operators of all sorts, who have to compete with each other as well as with the performers’ Moscow agents and directors (who don’t feel they can rely on anyone to take care of their stars,’ Intershow’s press officer Yulia Filatova said to UrBC. Ms Filatova reports fifteen to twenty concerts are held in Yekaterinburg weekly during the high seasons (that is, end of January to mid-May and September-December), so even a real enthusiast can’t possibly go to them all; besides, sometimes a few similar-style concerts are organized on
12 March 200809:11

Europe-Asia sets up subsidiaries in Moscow and Volgograd

Europe-Asia, the information and consulting center dealing in services related to a business’s economic security with headquarters in Yekaterinburg, set up subsidiaries in Moscow and Volgograd. ‘Making sure a business can be secure is a complex set of tasks like eliminating the legal, physical, and information security risks, coordinating the personnel, and cooperating with the state authorities and the security agencies. To protect a business successfully, one needs highly skilled workers, a lot of experience, and certain know-hows which our company takes pride in. This is why our services
12 March 200809:05

Sberbank’s Ural branch offers foreign currency

Sberbank of Russia’s Ural branch keeps raising the number of Yekaterinburg-based outlets where one can now buy or sell not only the traditional U.S. dollars and Euros but also the UK pounds sterling, Canadian dollars, Swiss francs, Czech korunas, Ukrainian hryvnias, Chinese Renminbi yuans, and Japanese yens. So far, these currencies are dealt with in eight of Sberbank’s Yekaterinburg offices at 11 Moskovskaya St., 1 Vainer St., 25 Verkh-Isetskiy Boulevard, 62 Tatischev St., 10 Belorechenskaya St., 4 Yasnaya St., 84 Repin St., and Mega Trade Center at 87 Metallurgi St. The latter can be found
11 March 200808:14

Ural Bank for Reconstruction and Development’s net assets grow 44.31% in 2007

RBC.Rating has recently come up with its newest research on Russia’s banking market that proves the country’s banks still have a lot of developmental potential despite the external markets’ crises. What is more, Russia’s largest banks managed to grow impressively in almost all the possible fields. The net assets of the Ural Bank for Reconstruction and Development, for instance, rose by 44.31% in 2007 and reached 37,817.5 million RUR on January 1, 2008. This is the 63d best result among all the Russian banks and the best result in Sverdlovsk Region. The bank’s quick assets increased by 85.17%.
11 March 200808:08

Koltsovo airport fined by Antimonopoly Service

Sverdlovsk Region’s division of the Federal Antimonopoly Service made Koltsovo airport of Yekaterinburg pay a fine of 13,041,093 RUR for administrative offenses. The Service declared on December 4, 2007 that the airport, as well as RusAviaJet and Aviaprad, violated the federal law on the protection of competition (Article 11, Part 1, points 3 and 6). The offense consisted in the three parties’ collusion, so the Service insisted that this violation must be removed. The companies in question agreed that some mineral and oil products would be stored by them in July 2006-November 2007; as a