25 September 201209:27

Technical Innovations Center for Metallurgy Might Be Set up in Yekaterinburg

Sverdlovsk Region Government is planning to set up a technical innovations launch center for metallurgy and heavy engineering on the basis of a number of scientific research institutes. The agreements to this extent have been reached with Russia’s Economic Development Minister Andrei Beloussov, the Government’s PR Administration reports. ‘Today, metallurgical enterprises working on modernization are opting for multi-faceted, multi-purpose projects that range from design, production and assembly of equipment to after-sales services to personnel training. Such projects are mainly offered by
25 September 201209:27

Governors of Sverdlovsk, Orenburg Regions Sign Five-Year Cooperation Agreement

Sverdlovsk and Orenburg Regions’ business ties have acquired an official status now. Governor Evgeny Kuivashev and Governor of Orenburg Region Yuri Berg signed a five-year trade, economic, scientific, technological, social, and cultural cooperation agreement at the International Investment Forum in Sochi on September 21, Governor of Sverdlovsk Region’s PR Department reports. The two parties are going to work on the emerging innovations infrastructure, on the two regions’ socioeconomic development, on improving environmental conditions, and on expanding interaction within SMEs together.
24 September 201209:26

Over 20 Illegal Filling Stations Found in Yekaterinburg

Over 40 administrative lawsuits have been instituted in Sverdlovsk Region in relation to legal offenses at gas- and fuel-filling stations, the public prosecution authorities of Sverdlovsk Region report. Following an explosion that occurred at a filling station in Yekaterinburg on August 16, 2012 and a request placed by Russia’s Deputy General Prosecutor Yuri Ponomarev, the region’s prosecution authorities and experts from the monitoring agencies looked into the local filling stations’ compliance with the existing legislation in terms of location and maintenance. These inspecting procedures
24 September 201209:25

Nearly 500,000 RUR Spent on Deporting 133 Illegal Immigrants from Sverdlovsk Region since January

Since the beginning of the year, court bailiffs have had 133 illegal immigrants deported from the country; 17 more people are now awaiting the court’s decision. Plane tickets for the deported cost 495,000 RUR to the region’s budget, with rates varying from 6,000 RUR for a flight to Kyrgyzstan to 32,000 RUR for a flight to Iran, Head of Sverdlovsk Region division of Russia’s Federal Court Bailiffs Service Sergey Schebekin announced at a press conference today. Out of these 133 illegal immigrants, 72 arrived from Tajikistan, 42 from Uzbekistan, 21 from Kyrgyzstan, 5 from China, 4 from Armenia,
24 September 201209:25

SKB-Bank Management Get on Russia’s Best Managers List

The Association of Russian Managers and Kommersant Publishing House came up with their 13th annual rating of Russia’s leading managers. This year, the traditional list of Top1000 Russian Managers (the overwhelming majority of whom are businesspeople residing in the two capitals) was complemented by the Top1000 Regional Company Heads list featuring the most efficient heads of companies located in different parts of the country. Heads of 81 federal constituencies and heads of regional business organizations were invited to join as experts and to evaluate the performance of top managers in their
24 September 201209:25

Uralvagonzavod’s Deputy DG Semyen Mlodik Gets on Best Managers List

Deputy Director-General of Uralvagonzavod Corporation for Road-Building and Agricultural Vehicles Semyen Mlodik was featured in the 13th annual rating of Russia’s Best Managers, the corporation’s press service reports. Top List 2012 was compiled by the Association of Russian Managers and Kommersant Publishing House. The rating was based on the principle of ‘the best selecting the best’: Russian business leaders themselves acted as experts. The factors that mattered were the candidates’ compliance with the international standards and ethical norms in what they did, the extent to which this
24 September 201209:24

FAS Finds Out Russian Railways, RoszheldorProject Violate Antimonopoly Law

On September17, 2012, Sverdlovsk Region division of Russia’s Federal Antimonopoly Service declared Russian Railways and RoszheldorProject guilty of violating Article 10 (part 1) of the Competition Protection Act, the agency’s press service reports. Legal action was taken on November 24, 2011 following an appeal by SNT Parus regarding Russian Railways and RoszheldorProject violating the Competition Protection Act. Sverdlovsk Region division of Russia’s Federal Antimonopoly Service detected that on November 10, 2011 RoszheldorProject, acting on behalf of Russian Railways, and SNT Parus signed
21 September 201209:15

Yekaterinburg Fiscal Revenue Comes to 15.5bn RUR in First Half of Year

Yekaterinburg Municipal Duma deputies looked into the city’s budget for the first half of 2012 at a Budget & Economic Policies Committee meeting. The city’s revenues amounted to 15.459bn RUR, which comes to 51% of the year’s adopted target figures. Expenses came to 13.819bn RUR, or to 43.5% of the expected figure for this year, the Duma’s press service reports. These figures are greater than those for the first halves of the last eleven years. In the first half of 2012, the positive trend in the city’s economic growth still holds. ‘The only exception is the amount of construction jobs
21 September 201209:14

YugraGaz’s Former Director to Pay 4m RUR Fine for Bribe-Taking

The former director of OAO YugraGaz was found guilty of bribe-taking, the public prosecution authorities of Khanty-Mansiysky Autonomous Region Yugra report. Yugra District Court pronounced the verdict of guilty upon the company’s ex-director, who was found guilty of a crime described in Article 204 (part 3) of Russia’s Criminal Code (commercial bribery, that is, illegally accepting money for acting in the interests of the money-giver on the part of a person who holds a managerial position at a for-profit company and can facilitate things due to his or her position). It was determined by the
21 September 201209:14

MMK Sets Record in Home Market Deliveries

In August 2012, Magnitogorsk Iron & Steel Works (MMK) home market shipments amounted to 710,000 tons of metal goods. According to MMK Deputy DG for Sales Nikolai Lyadov, this figure sets a historic record for the company and is actually greater than what the company managed to achieve in the Soviet times. ‘We nearly reached these figures as early as 2008, but the start of the recession prevented our plans from coming true. Today, four years later, our domestic market deliveries have exceeded 700,000 tons of metal goods. This results from the enterprise getting focuses on the Russian
21 September 201209:14

Uralvagonzavod to Set Up Armored Vehicles Repair Plant in Kazakhstan

A memorandum on cooperation was signed by OAO Uralvagonzavod Scientific & Production Corporation and AO Kazakhstan Engineering Scientific Corporation in the course of the 9th Russia-Kazakhstan Interregional Cooperation Forum on September 19, Uralvagonzavod’s press service reports. The memorandum provides for the creation of a joint venture for armored vehicles repairs and upgrades in the Republic of Kazakhstan. The two parties confirmed their intentions to implement the said project and fixed the dates and the implementation stages in the memorandum. The signing of this cooperation
21 September 201209:13

Uralvagonzavod Takes Part in Africa Aerospace & Defence — 2012

Uralvagonzavod Scientific & Production Corporation has taken part in Africa’s largest civil and military aviation and ammunition exhibition Africa Aerospace & Defence — 2012 for the first time this year; the fair opened in the South African Republic on September 19. The corporation is presenting its two life-size armored vehicle samples there. Experts believe this demonstration will be the show’s main feature this year. Over a hundred various firms and companies from the world’s leading powers, including Russia, Great Britain, France, Germany, and the USA are presenting their vehicles
20 September 201211:01

Business Leaders: MMK Heads Are Among Russia’s Best Managers

The BOD Chairman of Magnitogorsk Iron & Steel Works (MMK) Viktor Rashnikov has been featured in the business leaders rating once again; the rating comprises the top managers and leading administrators of Russia’s largest enterprises. Kommersant carried the 13th annual rating called Russia’s Top100 Managers that had been prepared by the Association of Russian Managers. This rating serves as a measuring tool for getting an objective estimate of the leading Russian top managers’ professional skills. It looks into their performance in the course of one year and singles out the most
20 September 201211:00

Uralvagonzavod Prepared to Supply Heat in Winter

This year’s heating season began in Dzerzhinsky District of Nizhniy Tagil. The supply network is currently being filled and rinsed. On September 20, heating will be supplied in several stages to the socially important buildings and dwellings. Uralvagonzavod’s power and heating supply facilities are fully prepared to provide the heating, the corporation’s press service reports. In order to be prepared, Uralvagonzavod Corporation’s head plant launched a large-scale repairs campaign. The company spent about 60m RUR on replacing and reconstructing its heat supply facilities. During the summer,
20 September 201211:00

Uralvagonzavod Considers Making Underground Carriages

Uralvagonzavod Scientific & Production Corporation presented its produce at InnoTrans-2012 in Berlin on September 18. Railway vehicles, city transport, road construction vehicles, agricultural vehicles, and the multi-purpose TMV-2 - the corporation’s wide range of innovational products meant that Uralvagonzavod could be among the most impressive participants of the world’s largest transportation technologies exhibition, the corporation’s press service reports. For one, cooperation between Uralvagonzavod and a major transport corporation Bombardier was discussed at InnoTrans. The plant
20 September 201211:00

UBRD Signs Cooperation Agreement with AKA Export Finance Bank

The Ural Bank for Reconstruction & Development signed a framework agreement with AKA Export Finance Bank. The agreement means the German bank can now take part in financing the UBRD and its customers. The signing of this agreement is one more step on the way to strengthening the UBRD’s international position, the bank’s press service reports. The agreement was signed in the course of the UBRD’s road show that covered meetings with the representatives of Europe’s largest banks. The meetings were dedicated to further cooperation and the possibilities of using some new products and services
20 September 201210:59

First Rents to Be Put up in Sverdlovsk Region in 2013

The construction of the first commercial apartment buildings in Sverdlovsk Region will begin in 2013, Sverdlovsk Region Government’s Press Service & Information Department reports. ‘Early in 2013, a pilot project on the construction of commercial apartment buildings will begin in Sverdlovsk Region. The city council of Kamensk-Uralsky will provide the first location for the buildings. After the apartments in these two economy class buildings have been commissioned, they will be let to specific categories of local residents and to Kamensk-Uralsky businesspeople who are interested in
19 September 201209:43

Yugoria Goes 2 Positions Down in Insurers’ Rating

In the first half of 2012 against the first half of 2011, the rating of Russia’s top twenty insurance companies changed in the following way: the first seven positions have remained the same, while VTB Insurance, with the 17th position last year, is now in the 8th place (formerly occupied by Alliance, which is in the 9th place this year). MSK Insurance Group is no longer in the top ten, but it only slid down one position and is now in the 11th place. The portal Strakhovaniye carried the ranking of insurers for the first half of 2012. The ranking is based on the data provided by the Federal
19 September 201209:43

Yekaterinburg Comes 11th in Google’s Russian Roads Rating

Google and Auto.ru launched a project called Russian Roads, where web users can evaluate the condition of roads in 22 Russian cities using their Android-based mobile devices. Yekaterinburg happened to be in the middle of the list and came 11th in the rating, Google’s official blog states. In the six months of 2012, users evaluated 103,100 km of Russian roads, which comes to a tenth of all the roads in the country. The average score for the quality of roads in cities is 2.8 on a scale of one to five. Not a single city got a score lower than 2 points and not a single city got a score higher
19 September 201209:43

Roscosmos to Hire New Director of NPO Avtomatika

The Federal Space Agency (Roscosmos) announced a tender for the position of the Director-General of N.Semikhatov Automated Devices Scientific Production Association (NPO Avtomatika). Applications can be submitted on October 15-19 in Moscow. Now Leonid Shalimov has been the enterprise’s DG since 1997. The tender will be coordinated on October 26. A successful candidate will have higher vocational education, at least five years’ managerial experience, and knowledge of management, economics, and finance. The tender will comprise two stages. First, all the candidates qualified for the tender will