Starting October 2, a direct flight to the Czech Republic will be available in Tyumen. Ural Airlines is launching a new Tyumen-Karlsbad-Tyumen flight, the airline’s press service reports. Flights will be operated on Tuesdays using the European concert Airbus’s A320 aircraft that has both a business and an economy class section. Tickets for the flight are already available for booking; the cheapest rates come to ?489 for a round trip ticket. As a matter of fact, the company is already operating flights to the Czech Republic, namely, to Prague (from Yekaterinburg and Nizhniy Novgorod) and to

Ural Airlines is launching a new flight from Yekaterinburg to Lenkoran. Starting July 3, the flight will be operated every Tuesday using the comfortable Airbus aircraft, the company’s press officer reports. In fact, Ural Airlines keeps expanding its destination network around the CIS. For one, the air carrier operates scheduled flights to three cities in Azerbaijan: to Baku from Moscow and Yekaterinburg, to Gyandzha from Moscow and Saint Petersburg, and to Lenkoran from Moscow, Saint Petersburg, and Yekaterinburg.

EVRAZ Kachkanar Ore Mining & Processing Plant and EVRAZ Vysokogorsky Ore Mining & Processing Plant decided not to pay any share dividend for 2011. This decision was taken at the annual general meetings. The following people were elected onto EVRAZ Kachkanar Ore Mining & Processing Plant’s Board of Directors: Giacomo Carlo Baizini, Konstantin Lagutin, Sergey Napolskikh, Oleg Ponomarev, and Yelena Zhavoronkova. The following people were elected onto EVRAZ Vysokogorsky Ore Mining & Processing Plant’s BOD: Giacomo Carlo Baizini, Igor Korotayev, Konstantin Lagutin, Oleg Ponomarev,

Magnitogorsk Iron & Steel Works (MMK) signed a long-term agreement for natural gas supply with Novatech Chelyabinsk (a 100% daughter enterprise of Novatech) in order to ensure the current activities and further development of MMK Group. The contract is valid for 10.5 years, through December 31, 2022. Over this decade, the total amount of natural gas shipments is expected to exceed 50bn cubic meters. Under this contract, Novatech Chelyabinsk will supply MMK with 2.3bn cubic meters of natural gas in the second half of 2012 and 4.5bn cubic meters of gas in 2013. ‘MMK started relying on

Yekaterinburg Electrical Network Company is going to present its new intellectual Smart Grid system at Innoprom 2012 exhibition on July 11-15, 2012, the company’s press service reports. The company’s stand will mainly be dedicated to presenting the potential and the stages of launching Smart Grid, a technology for building the smart distribution networks of the future, in Yekaterinburg electric mains system. The stand will provide information on the basics of building and operating Smart Grid, on the changing role of the consumer once the system has been launched, on the benefits the new

A Yekaterinburg dweller appealed to Sverdlovsk Region Center for Hygiene and Epidemiology, asking for legal advice on a clash she had with Rusfinance Bank, Sverdlovsk Region division of Rospotrebnadzor reports. Her loan agreement provided for a monthly fee for the servicing of the loan account (1.7% of the total sum, or 15,000 RUR, or 2,550 RUR a month). Given that the loan period came to 36 months, the fees would total to 91,800 RUR altogether. Experts from the center helped the woman prepare a complaint to the bank that demanded that terms infringing on the consumer’s rights be eliminated

It has been detected that Perm Airlines violated aviation safety regulations, the spokesperson for Ural Public Prosecution Authorities for Transportation reports. The inspection by Perm Public Prosecutor for Transportation of how well the company complied with the aviation safety requirements revealed that the company violated them in some instances. For one, sometimes people accompanying passengers were allowed into the limited access zone during the preflight inspection, even though only passengers with tickets can be present there. The inspection also revealed that the premises used for

Uralvagonzavod and the French company Sagem Defense Securite (a member of Safran Group) signed an agreement of intentions. The document was signed by Uralvagonzavod Director-General Oleg Sienko and Sagem Defense Securite PDG Philippe Petitcolin, Uralvagonzavod’s press service reports. The ceremony took place on the first day of the 2nd International Forum on Machine-Building Technologies 2012 (TVM 2012) that was held in Moscow Region-based Zhukovsky on the premises of Rossiya Exhibition Center in Ramenskoye Airfield. Safran Group has been cooperating with the Russian industry in the field of

Russian President Vladimir Putin signed a decree on handing some of the state-owned assets over to Uralvagonzavod, Lenta.ru refers to the Kremlin website as stating. The shares of some companies currently owned by the state will become part of Uralvagonzavod’s authorized capital ‘in order to improve the structure’ of the company and ‘to develop its scientific, technological, and production potential’. Among the assets the state is handing over to the plant are a 42.5% shareholding in Tver Carriage-Making Plant (TVZ), 100% minus one share of Tomsk Electro-technical Plant, a 21.82% shareholding

The new mill launched by Magnitogorsk Iron & Steel Works (MMK) will enhance the production efficiency of all the Russian car manufacturers, MMK Director for Business Development and Efficiency Management Evgeny Redin announced at the 10th International Metallurgical Summit in Moscow. According to MMK’s top executive, the Russian car market is now winning the leading positions in Europe and has good development potential. One has to take into account the changes in the metal consumption patterns in this industry and the increase in the share of zinc-coated metals and highly durable brands

A claim against OOO Formica was placed with Sverdlovsk Region Arbitration Court by Polygon Print Advertising Group. The plaintiff wants to be paid 546,450 RUR; the company’s Director-General Inna Batalova chose to offer no comment on the reasons for placing the claim. The preliminary court hearing has been set for August 3, 2012. This is, in fact, not the first time Formica is clashing in court with some Yekaterinburg-based businesses. For one, the Governor of Sverdlovsk Region Programs Fund took part in the organization of the exhibition Innoprom 2010. It was this fund that allotted Formica

Adidas is setting up a new format store in Yekaterinburg. The new store will be offering a wide range of brands under one roof: from Adidas Performance (including Adidas by Stella McCartney) to Originals (Including Adidas Originals by Jeremy Scott) to Adidas Style (Porsche Design and NEO). Molly.Ru reports. Each variety will be displayed in a specially designated area. Adidas intends to use this format in large cities where the incomes are high, and only wants the best locations. The new store, whose area comes to over 780 sq m, will be housed in Raduga Park Shopping Center. The preliminary

The shareholders of Polevskoy Cryolite Plant decided to pass the dividend for 2011 because of the net loss incurred last year. The decision was made in the course of the annual general meeting, Interfax-Ural refers to the plant as reporting. The plant’s net loss (calculated in accordance with the Russian Accounting Standards) came to 406.762m RUR in 2011. In fact, the plant paid no share dividend in 2010 as well – also due to losses. The stockholders approved of the annual report, elected the Board of Directors and the check-up committee and appointed Capital Audit Group as the company’s

The shareholder meeting of Pipe Metallurgical Company (TMK) was held in Moscow. The shareholders approved of the company’s annual report and the annual accounting report, including the P & L statement for the financial year 2011; they also elected the company’s Board of Directors and the check-up committee and approved of the desirable transactions. Ernst & Young was chosen as TMK’s auditor. What is more, the shareholders voted for paying a 2.7 RUR dividend per one ordinary share with face value of 10 RUR for the year 2011. The dividend payments will thus total to 2.53bn RUR. TMK

The stockholders of Ural Instrument-Making Plant decided in the course of the annual shareholding meeting on June 22 that the dividend for the year 2011 wouldn’t be distributed, the company’s official announcement states. The net profit obtained by the end of last year will be directed to compensation of previous years’ losses, Interfax-Ural reports.

OOO ComsoMall Management Company is now involved in the case Megalomania Advertising Agency vs. Sverdlovsk Region division of Russia’s Federal Antimonopoly Service on a third party basis. Sverdlovsk Region Arbitration Court’s preliminary hearing has been set for July 17, 2012. The FAS’s Sverdlovsk Region division found Megalomania guilty of an administrative offense. On March 11, 2012, the division declared that ComsoMall Shopping Center’s ad that read, ‘Siniye Kamni has people living there, too’ and ‘ZhBI is no ghetto’ was improper. The ad was distributed by Megalomania via billboards around

Sverdlovsk Region Government approved of the declaration of intent regarding the construction of a new generating unit in Beloyarskaya nuclear power plant. First Vice Premier Vladimir Vlasov pointed out this decision was expected to make a crucial contribution to the region’s stable socioeconomic development, the spokesperson for the Governor reports. The region’s acting Energy & Communal Housing Services Minister Nikolai Smirnov said the construction of a new power unit would also secure Russia’s technological leadership in the field of closed nuclear fuel cycle development. ‘The

UTair Airlines ATR 42 had to stop the take-off due to technical problems at Roschino Airport, Interfax-Ural reports. Ural Investigative Department for Transportation of Russia’s Investigative Committee’s press service reported on Tuesday that the incident occurred at 6:25 AM (local time) the day before. The plane did not fly to Nizhnevartovsk because of an engine failure. ‘According to the preliminary data available, the reason for the incident was that the left engine did not switch into the takeoff mode,’ the message states.

The International Airport Association (MAA) has been set up in Yekaterinburg. An agreement to this effect was signed during the aviation forum Routes CIS 2012 that was held in the Urals’ capital. The association was founded by the representatives of Yekaterinburg-based Koltsovo Airport, Moscow-based Vnukovo Airport, and Novosibirsk-based Tolmachevo Airport, Kommersant reports. The documentation needed to set up the association took about two years to prepare. The association founders announced that the association would later be converted into a self-regulatory organization. This means some

Rusal made its aluminum price forecast for 2012 more moderate: the figure dropped from $2,200 to 2,400 per ton to $2,100 to 2,200, says the company’s First Deputy Director-General Vladislav Solovyev. ‘The market situation is quite complicated at the moment; not only the aluminum but all commodities, in fact, including oil, are enjoying less demand. Things are unstable in Europe, and investors are backing out of risk-prone assets. We feel it is time to prepare for a prolonged recession,’ Kommersant quotes Solovyev as saying. A ton of aluminum cost $1,800 at LME yesterday; the average price