Nomos-Bank Group came up with a performance report for 2011 (compiled in accordance with the International Accounting Standards), Kommersant says. The Group’s net profit reached 12.1bn RUR by the end of 2011 against 7.4bn RUR in 2010. Nomos-Bank is the key business within a group comprising five other banks: Nomos-Regionbank, Nomos-Siberia, Inbank, Khanty-Mansiysky Bank, and Novosibirsk Municipal Bank, as well as a number of non-financial organizations. The bank’s primary stockholders are ICT Group and the Czech Republic-based PPF Group. Напомним, ОАО «Номос-банк» является головной структурой

Urals Power Engineering Center made 4.96m RUR worth of profit in 2011, which was actually 13.7 times less than in 2010, the company’s official report states. At the same time, the company’s revenues increased by 28% and came to 2.13bn RUR.

It was proposed that the duration of Innoprom exhibition in Yekaterinburg be prolonged from four to five days. This suggestion was voiced at the meeting dedicated to the upcoming event that was chaired by Governor Alexander Misharin. ‘It is important to give as many locals and visitors to the region a chance to visit the exhibition. In fact, the decision was actually taken as early as last year at the end of that summer’s exhibition, when many people said they wished the exhibition could last longer,’ the Governor said. This Ural International Exhibition/Forum for Industry & Innovations

Some FIFA representatives and members of the World Cup 2018 coordination committee are planning to visit Yekaterinburg soon. The visit has been scheduled for May 14, 2012 and will probably be the last one before the officials decide whether Yekaterinburg is going to be among the hosting cities for the championship in 2018. First Deputy Head of Yekaterinburg Administration Sergey Shvindt announced at a special meeting on World Cup 2018 preparations that visitors to the Urals’ capital would take a look at Koltsovo Airport, Central Stadium, and Historic Park where a fans’ festival would be held.

Ural Airlines acquired its own cockpit mock-up to train its pilots to operate Airbus 320 planes, the company’s Deputy DG Alexei Fomin told the reporters. ‘The airline is launching its training center in April. We bought this Airbus 320 mock-up right off the conveyor belt, so it’s new and unused,’ he said at a press conference in Nizhniy Novgorod. Fomin explained that prior to the opening of this center, the company’s pilots had to undergo training on the outside foreign airlines’ equipment. ‘Now they can train at home and save money on all the travel expenses and business trips,’ he added.

The pipe-welding department of VSMPO-Avisma Corporation had to stop operating temporarily in early March 2012, Interfax refers to the company as reporting. ‘At the beginning of March, after our order for Korea had been completed, all the jobs within the department were halted. The workers were offered temporary positions at the corporation’s other departments. At the moment, the order portfolio of the pipe-welding department is non-existent. The fact that the department has been left with no orders is sad but not tragic,’ the company reports. The halt is expected to last until the end of

Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark in Russia Tom Risdahl Jensen informed Governor of Sverdlovsk Region Alexander Misharin that a group of Danish delegates were planning to take part in Innoprom 2012. According to the Ambassador, the decision was taken thanks to the positive outcome of the Russian-Danish meetings that were held in Yekaterinburg in mid-March. The official also thanked the region’s Ministry for International and Foreign Economic Development for the organization of negotiations crucial to the Danish companies and of visits to the Urals-based

Yekaterinburg police officers are looking into the activity of Autolime motor show’s director. It is suspected that Ilnar E. (33), who dealt in the sales of used cars, disappeared out of sight with his customers’ money, the press office for Yekaterinburg Department of Sverdlovsk Region division of Russia’s Internal Affairs Ministry Main Administration told the reporters. In fact, these were Autolime’s employees who informed Police Department 9 on Thursday, March 22, that their director had been out of reach for a few days already. They said the director, Ilnar E., resided in Ufa, the Republic

According to Auto-Dealer-Yekaterinburg, 12,254 new automobiles were sold in Yekaterinburg in January and February 2012, which is 35%, or 3,054 cars more than in the two months of 2011. 7,029 cars were sold in the city in February alone, which was 39%, or 1,961 cars more than a year earlier. Lada is still by far the best-selling make on Yekaterinburg market. At the same time, the share of the Russian brand on the local market is going down: it used to come to 17% at the end of 2011 but amounted to only 14.6% at the end of February 2012. Significant changes can be observed among the top five

A direct air link has been introduced between Nizhniy Novgorod and Prague: Ural Airlines has launched a new scheduled flight. All of these flights will be operated using a modern and comfortable A 320 plane. Tickets are available for ?230. The flight will be operated every Saturday. Thanks to the convenient timetable, all those willing to travel from Prague to any other destination in Europe can do so: an interline agreement between Ural Airlines and the national Czech air carrier Czech Airlines allows for a one-time check-in which means a passenger gets a single ticket and can check in his

In order to meet its customers’ needs, RosTransAvto is now offering them the services relating to the delivery and renting of tower cranes. ‘Customers can both buy or rent our MITSUBER tower cranes as well as order the assembling and dismantling of the machinery we supply,’ RosTransAvto reports. Among the strong points of MITSUBER building tower cranes is the electronic and electric equipment manufactured by the French concern Shneider Electric; what is more, the cranes are fully adjusted for operation in Russia and the CIS member states at temperatures ranging from -40 to +40 degrees

Magnitogorsk Iron & Steel Works (MMK) keeps introducing more facilities for the production of zinc-coated rolled metal products. This news was announced by Sergey Pikalov, Senior Manager for Coated Metal & Tin Sales from MMK Trade Sales Department, at the 7th international conference on galvanized and paint-coated rolled metal goods in Moscow. MMK’s coating shop currently operates two continuous hot-dip galvanizing units with the capacity of 500,000 and 450,000 tons of goods a year. The units were supplied by the Italian firm Danieli and were launched in 2002 and 2008. Over 5m tons of

Uralburmash made 913,000 RUR worth of net profit (calculated in accordance with the Russian Accounting Standards) in 2011, which was 11.8 times less than in 2010, the company’s report states. The enterprise’s revenues rose by 5.7% and came to 821.26m RUR, Interfax-Ural reports.

Russia’s Ministry for Economic Development invited the member enterprises of Sverdlovsk Region Union of Industrialists & Entrepreneurs to take part in the organization of an economic and investment opportunities demonstration center for Russian regions on the premises of Russia’s Trade Representation in Germany. The center will be located at 61 Unter-den-Linden St in Berlin, in the buildings run by Russia’s Trade Representation in Germany. ‘This is an opportunity to present the Russian companies’ demonstration stands, booklets, and samples of export-oriented produce,’ Sverdlovsk Region

The Supreme Court of the Czech Republic put an end to a court trial involving the former head of Yekaterinburg Non-Ferrous Metals Processing Plant Nikolai Timofeyev and the U.S.-based B&H Instruments LLC: Timofeyev was, after all, declared insolvent, Kommersant-Ural says. B&H Instruments LLC insisted that the businessman be declared bankrupt as he failed to meet his contractual obligations relating to paying back a loan amounting to 15m Czech korunas (about $1m). According to the court files, his American partner company lent Timofeyev the money in July 2007 so that the businessman

The Polish Embassy will set up eight visa centers (in Vologda, Khabarovsk, Novosibirsk, Kazan, Rostov-on-Don, Omsk, Yekaterinburg, and Smolensk) by July 2012. According to the Ambassador Extraordinary and Plenipotentiary of Poland to Russia Wojciech Zaj№czkowski, the decision was made in order to give the chance to visit the republic to as many people as possible. ‘We operate three Consulates-General in Russia and a consular section at the embassy in Moscow. Even though we issued over 160,000 visas last year, we came to the conclusion that the current network is too small for Russia, for an

The founder of a white goods and electronic appliances chain store Rafael Shikhov is no longer on Yekaterinburg Municipal Bank’s list of Anti-Partners (people who failed to meet their obligations towards the bank); however, the businessman has not paid off its debts to the bank yet. ‘Rafael Shikhov is still one of our debtors. The businessman and his organization still haven’t paid off their debt to the bank,’ Assistant to the bank’s President Igor Vassilyev told UrBC. Now the municipal Duma deputy Rafael Shikhov used to be on the list of those who failed to meet their obligations towards the

Rosbank’s Ural Federal District branch announced that its reorganization is now complete. The bank’s Ural subsidiary located in Yekaterinburg was set up through a merger of regional subdivisions. However, this was accompanied by redundancies, Rosbank’s First Deputy Chairman of the Supervisory Board Igor Antonov explained to reporters in the course of a press conference. ‘We have re-evaluated our risks approaches, and our terms have grown stricter. We had to stop doing business with some of the borrowers, which resulted in fewer overdue loans. We have also switched to a forceful reduction of

NOMOS Bank is reducing the number of offices it operates in the Urals. For one, the bank will soon leave Sverdlovsk and Chelyabinsk Regions. NOMOS’s outlets will be handed over to Khanty-Mansiysky Bank which is actually co-owned by NOMOS, NOMOS Bank’s President Dmitri Sokolov told the reporters at a press conference in Yekaterinburg. NOMOS Bank currently runs two offices in Yekaterinburg and one office in Kamensk-Uralsky. As for the Southern Urals, there is one office in each of these: Chelyabinsk, Magnitogorsk, and Trekhgorny. At the same time, there are already two outlets of

Autoland Sweden went into liquidation because of reorganization through merging with RegionProm. This news was announced at a Sverdlovsk Region Arbitration Court hearing. In the meantime, MDM Bank is trying to make Uralchermetavto and Autoland Sever pay them over 206m RUR. As Autoland Sweden stopped operating as an independent entity, the court is replacing the third party with its assignee, RegionProm. The preliminary court hearing for the case was therefore put off till April 2, 2012.