The customers of the Ural Bank for Reconstruction and Development can now engage in stock trading using their Apple-made iPhone and iPad devices. To start the operations, a certified software program iQUIK (a free addition to pocketQUIK) can be used. In fact, two registered users can use the same identification data and access keys alternatively, the bank’s press service reports. To subscribe to iQUIK and pocketQUIK, or to ask any questions about stock trading, please call the bank’s investment consultants at +7 (343) 253-40-42, +7 (343) 216-58-37 in Yekaterinburg, +7 (351) 799-52-05 in

Svyatogor isn’t going to declare or pay any dividend for the year 2010; the decision to this extent was made by the shareholders in the course of the annual general meeting in Krasnouralsk, Sverdlovsk Region. The 1.05bn RUR worth of net profit in its entirety will be directed to capital investment.

The Bank of Russia’s PR Department reports that it has appointed its authorized representatives in twenty-one Russian banks. For one, the representatives will be present in Bank24.ru, Khanty-Mansiysky Bank, and Bank Severnaya Kazna.

Gazpromneft-Ural’s net profit (calculated in accordance with the Russian Accounting Standards) decreased by 24.3% in the first quarter of 2011 and came to 217.75m RUR, the company’s reports state. On the other hand, the enterprise’s revenues rose by 46.3%, up to 6.33bn RUR.

Moscow Arbitration Court declared that Capital Tour’s bankruptcy application was well-grounded, the Russian Agency for Legal and Court Information (RAPSI) reports. The company will now be undergoing bankruptcy proceedings. In Moscow, Capital Tour Company used to run under the brand of Capital Tour. This is actually the second legal entity belonging to the brand that has been declared as being on the verge of insolvency by the court. The company’s OOO Capital Tour had to undergo bankruptcy proceedings earlier on. Evgeny Shklyaev was appointed the trustee in bankruptcy for both cases, the

VIM Avia Airlines topped the list of companies that delayed most flights in April 2011. VIM Avia actually delayed 96 out of 395 flights, or 24%, Rosaviaton’s official website reports. Moscovia was the second top flight delayer, followed by Kogalymavia that delayed 25 flights out 150, or 17% of all the flights operated in April 2011. The top three down-letters are followed by Avianova that delayed 84 flights out of 684, or 12% of all its April flights. Orenburg Airlines delayed 108 flights out of 1,273, which comes to 8% of all its April flights. Rusline did a little better and only delayed 51

Ural Airlines’ performance indicators improved greatly in January-April 2011. The company operated 5,496 flights over the given period (which was 39% better than in January-April 2010), including 1,145 international flights (which, considering the chartered flights, was 39% better than a year earlier), 3, 156 domestic flights (against 2,324 flights in January-April 2020), and 1,195 flights around the Commonwealth of Independent States (compared with 817 flights in January-April 2010), the company’s press service reports. The company flew 503,693 people in the four months of 2011, which

All the necessary procedures relating to the transfer of Yekaterinburg-based Koltsovo Airport’s shares to Sverdlovsk Region have by now been completed, the Public Property Management Ministry’s press service reports. All in all, Sverdlovsk Region now owns a golden shareholding of 34.56% in Koltsovo Airport.

The amount of ferrous and non-ferrous shipments Russian Railways Public Company handled in April 2011 went down by 2.3% and 1.3%, respectively, the online portal RZhD-Partner reports. Russia’s cargo index (which refers to the volume of railway shipments around the country) came to 104.8% in absolute terms in April 2011; this was 1.8% less than a month earlier. Last month, the shipments of only three out of nine cargo types that the cargo index covers were actually greater than in April 2010. The decrease is also noticeable in the maim cargo types in the mining and metallurgical sector: the

A meeting was held in Cherkessk on the construction of an all-seasons mountain ski resort Arkhyz there. The meeting was attended by Deputy Plenipotentiary Representative of Russian Federation President in North Caucasian Federal District Maxim Bystrov and head of Karachayevo-Cherkess Republic Rashid Temrezov. The head of Russia’s Regional Development Ministry’s Interregional Department in North Caucasian Federal District Alexei Ivanov, First Deputy Head of Karachayevo-Cherkess Government Ruslan Tambiyev, the Managing Director of North Caucasian Development Corporation Timur Charto, Vice

Sverdlovsk Region Arbitration Court ruled that founder of Omega Group Holding Oleg Fleganov should undergo bankruptcy proceedings. The businessman agreed to the necessity of declaring himself insolvent,’ the court’s press officer informed UrBC. The application asking to declare Mr. Fleganov bankrupt was placed with the court by Yekaterinburg Oktyabrsky District’s division of the Federal Tax Service of the Russian Federation on April 15, 2011. The applicant suggested that Vadim Permikin of Razvitiye Self-Regulatory Organization of Trustees in Bankruptcy should be chosen as the trustee in

The National Rating Agency affirmed the Ural Bank for Reconstruction and Development’s individual paying capacity rating at AA- (extremely high capacity Level 3). The bank’s financial situation at the moment is seen as stable and strong. The bank keeps on expanding its share of the market dynamically, its performance indicators are adequate to the market opportunities and reflect the growing inflow of resources, primarily from the deposits and their later investment in business and consumer loans as well as in a marketable blue chips portfolio. The profitability of the bank’s transactions is

VIM Avia and Moscovia delayed more flights than any other company in April 2011, Russia’s Federal Air Transport Agency (Rosaviation) reports. For one, VIM Avia delayed 96 out of 395 flights operated last month, which comes to 24% of the total number of flights; Moscovia put off 35 flights out of 181, which came to 19% of all the flights operated in April. Kogalymavia, Avianova, Taimyr, Mirninskoye Airlines ALROSA, and IzhAvia also delayed quite a few flights in April 2011: the number of delayed flights came, respectively, to 17%, 12%, 10%, 10%, and 10% of the total number of flights operated

Uralmechanobr decided not to declare any dividend for the year 2010. The 98.74m RUR worth of net profit will be directed to working capital replenishment. This decision was taken in the course of the annual general meeting.

Deutsche Bank Trust Company Americas increased the shareholding it owns in Concern Kalina up to 9.83%. The Yekaterinburg-based company’s other shareholders’ holdings were modified as well. For one, Prego Holdings Limited increased its holding from 29.98% up to 45.41%, Kalina Finance raised its share from 3.59% to 5.44%, and Renaissance Securities (Cyprus) Limited raised its share from 7.98% to 12.09%.

It has been reported to RBC daily that Russia’s Federal Antimonopoly Service might soon start looking into the activity of Visa and MasterCard to check whether the commissions the companies charge for the administration of the cards are actually competitive. The FAS had actually planned to start the investigation as early as two months ago, but no formal pretext presented itself just then. The banks that were unhappy with the growing hidden commissions and charges allegedly refused to place official protests with the FAS. Now the Service has obtained valid grounds to start investigating the

A.K. Serov Metallurgical Plant (UMMC ferrous metallurgy division) made 148m RUR worth of net profit in 2010 against 1.7bn RUR worth of losses in the year 2009. In terms of output, the company produced 477,000 tons of rolled metal stock and calibrated steel, which was 30% better than in the year 2009, but still 12% lower than what the plant achieved before the recession, in 2007 (535,900 tons). At the same time, UMMC press service reports that, despite all the positive changes occurring in 2010, the retail rolled metal stock prices went up more slowly than the raw materials prices and those

The Deputy Chairman of Russia’s State Duma Valery Yazev coordinated an extended Duma session dedicated to financing The Industrial Urals-The Polar Urals, a multi-faceted investment project, in 2011-2013. Yazev feels the implementation of the project is obviously hindered by a number of obstacles. The main reason behind this lagging behind is the insufficient federal budget financing of the key infrastructure item, that is, the bridge over the Ob in Salekhard. The plans to build the bridge do exist, but the deadlines are set in the distant future. Until we have a clear and distinct federal

The level of computer piracy went down by 2% in Russia and now comes to 65%, which is quite close to the average figures for Central and Eastern Europe (64%). Such are the findings of 2010 Global Software Piracy Study conducted all over the world by BSA, the Business Software Alliance. According to this research, about $3bn worth of illegal software was installed on Russian PCs last year. Whatever happens on the world and national markets, Russia’s computer piracy level has been going down for the last six years, which means the recently adopted copyright protection measures do work,’ says

Uralmash Heavy Machine-Building Plant got some new shareholders recently. For one, Uralmash Machine-Building Corporation reduced its shareholding from 74.17% down to 50.29%. The 23.88% shareholding was given over to OOO Aragon that didn’t use to have any shares in Uralmashzavod before.