Russia’s Minister for Natural Resources and Environment Yuri Trutnev confirmed the list of Russian enterprises that make a bad impact on the environment and must be subject to environmental surveillance by the state. For one, Logopark Pyshma was placed on this list

UrBC, Magnitogorsk, Chelyabinsk Region, January 20, 2011. Russia’s Ministry for Economic Development approved of a program for the introduction of electric steel-smelting technologies at Magnitogorsk Iron & Steel Works (MMK) as a JI project run in accordance with the Kyoto Protocol and the United Nations Framework Convention on Climate Change regulations. The result is that MMK is now the joint implementation project’s investor with a granted right to sell its emission reduction units (ERUs) in accordance with the Kyoto Protocol mechanisms. The JI project mechanism described in Article 6

Sverdlovsk Region Arbitration Court ruled on December 22, 2010 that ZAO Bauerhof (63 Gurzufskaya St. Yekaterinburg) is to undergo bankruptcy proceedings, thus resolving case А60-25401/2010-C14, Kommersant reports under its Insolvency Announcements heading. Evgeny Legalov, a member of Self-Regulatory Organization of Central Federal District Trustees in Bankruptcy Non-Commercial Partnership, was chosen as the company’s provisional trustee in bankruptcy.

Russia’s Minster for Natural Resources & Environment Yuri Trutnev confirmed the lists of Russia-based facilities that make a negative impact on the environment and must be subject to the environmental surveillance by the state The orders to this extent were signed in the territories of eighty-three federal constituencies, including Sverdlovsk Region, the Ministry’s press service reports. For one, OAO Uralelectromed based in Verkhnyaya Pyshma was placed on the list.

OOO Asmoto will no longer be selling luxury cars and is switching to the less expensive KIA, the car show’s managers told UrBC. The company used to deal in selling Chrysler, Jeep, Daewoo, and Dodge makes before. ‘We are now gradually switching to KIA; it’s more of a ‘people’s car’ and it’s closer to the customers, the managers said. The reason behind this decision is the supply problems. ‘If we had the cars, as well as promotion and advertising, we would keep on selling these makes; the demand would be much greater then,’ it was said, even though it was admitted the supply was not the

Russia’s Minster for Natural Resources & Environment Yuri Trutnev confirmed the lists of Russia-based facilities that make a negative impact on the environment and must be subject to the environmental surveillance by the state The orders to this extent were signed in the territories of eighty-three federal constituencies, including Sverdlovsk Region, the Ministry’s press service reports. For one, Sverdlovsk Heating Network, a daughter enterprise of TGK-9, was placed on the list.

OAO Ural Airlines reached its best-ever performance results in 2010, which was all in accordance with the company’s business development plan. For the first time last year, the company flew over 1.5 million passengers within twelve months. The exact figure came to 1.79 million people, which was 20% better than in 2009. 661,400 people used Ural Airlines’ international flights, of whom 167,190 passengers took scheduled flights; this was 59% more than in the year 2009. ‘Such performance was made possible due to the introduction of quite a few new flights last year. For one, Ural Airlines

Ural Federal District’s division of Russia’s Federal Financial Markets Service completed its desk audit of OAO Yuveliry Urala, a jewelry business. The audit was aimed at checking the company’s compliance with the existing Russian securities legislation, namely, with the rules of information disclosure. Upon the completion of the audit, the joint stock company was ordered to eliminate the detected violations of the law and to prevent the violations of Russian legislation in the future.

Kemerov Region division of Rosprirodnadzor (the state environmental watchdog) laid a claim against Evraz Group’s Evrazruda in order to make the company pay 1.14 billion RUR for dumping its industrial waste from Abagurskaya sintering plant’s tailings pond into bodies of water, RIA Novosti refers to the environmental agency as saying. The preliminary hearing of Kemerov Region Arbitration Court has been set for January 31. 2011. Experts from Kemerov Region division of Rosprirodnadzor carried out an unscheduled inspection of the plant in September 2010 after an emergency release of manufacturing

On February 14, 2011 Moscow Arbitration Court will decide whether OOO Capital Tour’s bankruptcy application is well grounded, RIA Novosti refers to a court functionary as saying to the Russian Agency of Legal and Court Information. Capital Tour’s debts run up to 1.3 billion RUR altogether, including 45 million RUR the company owes to Credit Bank of Moscow. The tour operator’s accounts were frozen by the bank on November 11, 2010. Five days later, the company announced it was having a hard time meeting its tour obligations. Over 8,000 customers happened to be abroad at the time Capital Tours

Sverdlovsk Region Arbitration Court ruled on December 22, 2010 that ZAO Avtofrans will have to undergo bankruptcy proceedings, thus closing case А60-25406/10-C14, Kommersant reports under its Insolvency Announcements heading. Evgeny Legalov, a member of Self-Regulatory Organization of Central Federal District Trustees in Bankruptcy Non-Commercial Partnership, was chosen as the company’s trustee in bankruptcy. In fact, the company’s bankruptcy case has been in the court for over a year now. The first claim was laid by OOO UKS Invest; the plaintiff insisted that ZAO Avtofrans had to pay them

To make things even more convenient for its customers, OAO Ural Airlines launched more evening flights from Yekaterinburg to Moscow and back. The new flights will be operated on Wednesdays, Thursdays, Fridays, and Sundays. One can take advantage of the special prices offered on these flights: 5,200 RUR for a single trip. Tickets are available in Yekaterinburg booking offices. The airline currently operates up to seven flights from Yekaterinburg to Moscow and back every day. The density of the timetable allows for choosing the best departure time.

The Central Bank of the Russian Federation placed an application with Moscow Arbitration Court, demanding that Moscow-based Russian-German Merchant Bank (RGT-BANK) be declared bankrupt, a court representative told Russian Agency of Legal and Court Information (RAPSI), RIA Novosti reports. The Bank of Russia called off the bank’s license allowing RGT Bank to engage in banking operations on December 21, 2010. RGT Bank was set up in 1994 by Ost-West Handelsbank AG (known as VTB Bank (Deutschland) since 2006), Russia’s Central Bank’s daughter enterprise. Six Russian companies dealing in foreign

The net profit of ZAO Globexbank declined by 171.795 million RUR, or 15.06% over a year. The organization’s profits reached 968.62 million RUR in the year 2010 against 1.14 billion RUR a year earlier. The bank explains the drop in its net profits by the need to set up some possible loan loss reserves; this need, in its turn, was brought about by the bank’s efforts aimed at creating a legal entities’ lending portfolio.

This holiday season’s most popular destinations were Egypt, Thailand, and Bali as usual. A sort of myth was formed as early as the fall that made people think very few tours would be available, so the trips were booked two to three months before New Year. The trips were quite expensive even then, but this did not stop the booming sales. By the way, the tour operators actually provided enough tours for the travelers, so one could easily book a trip two weeks before the start of the New Year break, and at a much better price,’ Director of Zima-Leto Travel Company Olga Gulyar told UrBC. ‘Now

Head of Sverdlovsk Region Government Anatoly Gredin is going to be on a planned vacation for presumably about a fortnight starting January 17, 2011. First Deputy Prime Minister Mikhail Maksimov will be acting Head of Government during Anatoly Gredin’s vacation, the press service of the Governor reports.

Sverdlovsk Region Railways came up with a report on the renovation and development of local railway stations in the year 2010. The railway stations directorate signed a number of cooperation agreements with the governments of Perm Territory (in 2009) and Sverdlovsk Region (on September 2, 2010). In addition, an agreement is about to be signed with the government of Khanty-Mansiysky Autonomous Region. The agreements concern renovation of the local railway stations. The Corporate Communications Department of Sverdlovsk Region Railways (Russian Railways’ daughter enterprise) reports that the

A new class of high-strength, ultra low-carbon micro-alloyed hot-dip-galvanised steel was launched at Magnitogorsk Iron & Steel Works (MMK) recently. The new steel is targeted at a wide consumer audience. The product, which was designed at MMK in cooperation with I.P. Bardin Central Scientific Research Institute of Ferrous Metals Federal State Unitary Enterprise, was given Metal Expo 2010 International Exhibition’s gold medal. ‘High-strength steel has both great strength and paste forming properties. A kind of steel is classified as being high-strength if its yield limit comes to 210 MPa

The value of OAO Bank Severnaya Kazna’s assets dropped by 36.75% in 2010, that is, from 20.41 billion RUR down to 12.91 billion RUR.

OAO Tsifrovoye Televideniye, controlled by its own stockholder, the Ministry for Public Property Management on behalf of Sverdlovsk Region Government, reports the company bought a 99% shareholding in OOO Tsifrovoye Televideniye, a digital TV operator. The news was announced in the course of Governor of Sverdlovsk Region Alexander Misharin’s meeting with the local war veterans. The point of the meeting was to discuss the preferential prices in 2011 for those digital TV users of the region who were offered the discounts earlier. OOO Tsifrovoye Televideniye renders its services to over 300,000