16 February 201209:38

KGOK Vanadium Dumps 71,900 Tons of Pollutants in Air

Kachkanar Ore Mining & Processing Plant (KGOK) Vanadium dumped 71,900 tons of pollutants in the air in 2010. This discharge figure was the one of the largest among all of Sverdlovsk Region-based enterprises in 2010. These data are available from the public report on the state of and protection of the environment in the Russian Federation in 2010. The public report on the state of and protection of the environment in the Russian Federation in 2010 was prepared by Russia’s Ministry for Natural Resources & the Environment in cooperation with the NGO International Projects Center, the
16 February 201209:22

Nomos-Bank: MMK’s Performance Might Be Best in Sector This Year

The performance dynamics of Magnitogorsk Iron & Steel Works (MMK) might prove the best in the metallurgical sector this year, says Nomos-Bank’s analyst Yuri Volov. ‘MMK managed to get a discount on the benchmark price of iron ore on its contract with the main raw stuff supplier, the Kazakhstan-based ENRC. The exact figures are not quoted, it is only reported that the discount is rather ‘impressive’ and that it comes into effect starting from the last quarter of 2011,’ he explains. ‘The terms of ENRC delivering iron ore to MMK were the subject of an animated discussion at the end of last
15 February 201209:53

Nizhniy Tagil Iron & Steel Works Dumps 66,100 Tons of Pollutants in Air

Nizhniy Tagil Iron & Steel Works dumped 66,100 tons of pollutants in the air in 2010. This discharge figure was the one of the largest among all of Sverdlovsk Region-based enterprises in 2010. These data are available from the public report on the state of and protection of the environment in the Russian Federation in 2010. The public report on the state of and protection of the environment in the Russian Federation in 2010 was prepared by Russia’s Ministry for Natural Resources & the Environment in cooperation with the NGO International Projects Center, the interested ministries,
15 February 201209:53

H&M to Open Store in MEGA Yekaterinburg Late in 2012

Under the existing tenant agreements, H&M is supposed to open its outlets in MEGA Ufa and MEGA Samara in the second quarter of 2012, while outlets in MEGA Parnas, MEGA Yekaterinburg, and MEGA Nizhniy Novgorod will be opened in the third quarter of the year. This means the Swedish brand’s stores will be found in eight MEGA malls in a number of Russian regions. As for Yekaterinburg, H&M stores already operate in Greenwich and ComsoMall shopping malls.
15 February 201209:52

Formica, Innoprom Clash in Sverdlovsk Region Arbitration Court

F Event (Formica Company) placed a claim against Innoprom and an NGO called Regional Politics Institute with the arbitration court, Sverdlovsk Region Arbitration Court’s website states. The company, which used to do business with the defendants in the course of Innoprom 2011 exhibition, insists that the deal effected by loan agreement 2/IRP-311 dated July 19, 2011 be declared invalid; the plaintiff also asks for the consequent procedures for an invalid transaction to be enacted as Innoprom, in the course of going through with the deal, violated the requirements set by the law for large-scale
15 February 201209:52

Apollo, CIC, Caisse des Depots, Macquarie, Goldman Sachs, Apax, Eton Park, CVCI Representatives to Visit Yekaterinburg

Russian Direct Investment Fund and Strategic Initiatives Agency are to coordinate a visit of the major international funds’ representatives to Yekaterinburg and their meeting with the regional authorities and the local business community on February 15, 2012, Governor of Sverdlovsk Region’s PR Department reports. The visit is part of a regional tour organized by the two organizations in order to attract long-term foreign investments in Russia’s economy and to improve the country’s investment image one the federal and regional scale. A number of Sverdlovsk Region-based companies will be able
15 February 201209:52

Most International Passengers Fly to Bangkok, Frankfurt, Koltsovo Airport Says

The passenger traffic at Yekaterinburg-based Koltsovo International Airport rose by 19.3% in January 2012 in comparison with the first month of 2011. In fact, the number of passengers went up as far as flights in all directions were concerned: the number of travelers on domestic flights increased by 25% (against January 2011), that on international flights increased by 0.9%, and that on flights around the CIS increased by 80.5%. ‘The rise in passenger traffic has to do with the increased demand for air travel and, consequently, the emergence of new air carriers and the introduction of more
14 February 201210:45

UBRD Launches Android, iPhone Apps

The Ural Bank for Reconstruction & Development recently launched the new applications for Androids and iPhones that provide the bank’s customers with instant access to the necessary information on ATMs and offices, exchange rates, the bank’s news and its special offers. The apps make the use of the bank’s remote access Telebank Light system very convenient and make it possible for the user to benefit from the services offered via the UBRD’s website, the bank reports. The applications also allow the users to look for the ATMs and bank offices nearest to them, as well as for outlets where
14 February 201210:45

Koltsovo Airport vs. Czech Connect Airlines a.s to Be Heard in Yekaterinburg Court

Koltsovo Airport placed a claim against Czech Connect Airlines a.s. with Sverdlovsk Region Arbitration Court. The plaintiff insists on being paid $66,400. The preliminary court hearing has been set for April 5, 2012. Now the airline’s Board of Directors submitted its insolvency application to the territorial court of Ostrava on January 18, 2012. Czech Connect Airlines a.s. then promised to do their best to minimize the damage done to the company’s business partners. The airline, which used to operate a flight from Yekaterinburg to Karlsbad, stopped its business activity until March 24, 2012.
14 February 201210:45

Karabashmed to Get Kumera Equipment

The shipment of the Finnish company Kumera’s machinery from Nizhnekamsk to Karabash-based Karabashmed has begun. The goods arrived from Finland to Nizhnekamsk by sea. The shipment comprises three horizontal 150-ton converters, a holding furnace for the separation of matte and slag melts, and an anode baking furnace, all of which will be used for the production of crude copper. The total weight of the shipment comes to 600 tons. The uniqueness of this machinery lies in that all the technical solutions employed are the best ones available. In fact, nearly all of today’s Western and Asian
14 February 201210:44

Logo.ru, Nord Stop Operating

The online stores logo.ru and Nord are not operating for the time being. The stores’ official websites explain that orders cannot be processed at the moment due to technical problems. ‘We’ll try to resume operation in the nearest future,’ the companies report. Meanwhile, a message regarding a fire at a white goods warehouse at 19 Ogneuporschikov St. in Verkhnyaya Pyshma was received by Russia’s DOE 01 Service at 12:30 PM (Moscow time) on February 11. The fire broke out in the area of 5,000 sq m. No one was injured or hurt. 30 vehicles and 142 people (including the cadets from Russia’s
13 February 201209:27

Reftinskaya Power Station Dumps 387,800 Tons of Pollutants in Air

OGK-5’s subsidiary Reftinskaya Power Station dumped 387,800 tons of pollutants in the air in 2010. This discharge figure was the largest among all of Sverdlovsk Region-based enterprises in 2010. These data are available from the public report on the state of and protection of the environment in the Russian Federation in 2010. The public report on the state of and protection of the environment in the Russian Federation in 2010 was prepared by Russia’s Ministry for Natural Resources & the Environment in cooperation with the NGO International Projects Center, the interested ministries,
13 February 201209:26

Authorities Accuse Serov Ferrous Alloys Works of Soil Contamination

Sverdlovsk Region Arbitration Court is to consider the claim laid by Rosprirodnadzor’s division in Ural Federal District against Serov Ferrous Alloys Works on February 17, 2012. The plaintiff wants the defendant to pay 18.32m RUR. According to the files of the case, Rosprirodnadzor’s division insists on the compensation of the damage done to the local soils (an environmentally protected asset) through chemical contamination, unauthorized waste dumping, and cover-up of the soil surface without a permit. Serov Ferrous Alloys Works reports that the environmental agency inspected the plant for
13 February 201209:26

UC RUSAL to Recycle Alumina Waste in Kamensk-Uralsky

United Company RUSAL reports they are testing out the new technology aimed at recycling alumina production waste, that is, red mud. Once the testing has been completed, a pilot production unit will be designed and built at Ural smelter. The capacity of the unit will come to up to 200,000 tons of red mud a year; the launch has been scheduled for October 2014. Apart from UC RUSAL’s Ural smelter, Bogoslovsky smelter, Nikolayevsky alumina works, and UC RUSAL’s foreign alumina plants in Ireland, Guinea, Australia, and Jamaica will also be able to use the innovational machinery and alumina waste
13 February 201209:26

Concern Kalina’s Minority Stockholder Insists Shares Written Off Him Illegally

The stockholder of cosmetics manufacturer Concern Kalina Igor Platonov insists that 2,844 shares of the company were written off his personal bank account illegally. Platonov took the case to Sverdlovsk Region Arbitration Court, placing the claim against VTB Registrator and demanding that the entry made in the register of registered shares owners that stated that 2,844 ordinary registered shares of Concern Kalina (5th share issue, serial number 1-05-30-306-D, face value 70 RUR apiece) had been written off his personal account No. 6838, registered in the name of Igor Ivanovitch Platonov, be
13 February 201209:25

Deutsche Bahn: We Hope Industrial Urals-Polar Urals Corporation Learns from its Mistakes

The German railway enterprise Deutsche Bahn’s daughter enterprise DB International GmbH is getting ready to purchase the shares of The Industrial Urals-The Polar Urals Corporation, DB International GmbH’s letter to the corporation’s management makes clear. The letter states, for example, that DB International GmbH pays particularly close attention to the flawless reputation of companies it is about to buy, and the corporation and question and its daughter enterprise UST were the object of unflattering rumors in the past. ‘We presume that the corporation has learned from its past mistakes and
10 February 201209:22

First Freight Company Raises Fares by 3%

The consignors’ total expenses related to the shipment of goods via First Freight Company’s (PGK) open wagons rose by 3% on average, the company’s press service reports. ‘The decision to reconsider our fares was taken due to the need to compensate the current lagging behind of our prices as far as the average market prices are concerned. Prior to February 2012, the price of shipping goods via our open wagons was 20% to 25% lower than the average market price. After the indexation, our prices are 10% lower than the market’s average ones,’ the company’s press release states.
10 February 201209:22

Open Door: MMM 2011’s Warnings Regarding Authorities’ Pressure Don’t Come True

MMM 2011 warned its partner advertising agencies that the authorities might try to exert some pressure on them, UrBC was informed by the agency Open Doors that placed some ads for the pyramid scheme on the front walls of ComsoMALL Shopping Center in Yekaterinburg. Now Sverdlovsk Region’s Minister for Investment & Development Mikhail Maksimov announced that he was going to hold negotiations with the owners of buildings carrying the project’s ads and to insist on having the advertisements dismantled. ‘We received a warning from MMM regarding the possible pressure on the part of the local
10 February 201209:21

Ural Electrochemical Works DG Alexander Kurkin Resigns

The Director-General of Ural Electrochemical Works Alexander Kurkin resigned in order to get transferred to the scientific sector of the O&G company TVEL. The works’ Board of Directors decided that former Director-General of Angarsk-based AEKhK Alexander Belousov should be appointed the new DG of Ural Electrochemical Works. Sverdlovsk Region’s Minister for Industry & Science Alexander Petrov pointed out that the candidacy of the new executive was agreed upon by the region’s government.