The net profit of VSMPO-Avisma Corporation decreased by 92.5% in the third quarter of 2011, that is, from 1.59bn RUR down to 119.32m RUR. The company explains this sharp decline in profits has to do with the re-evaluation of the existing currency liabilities necessitated by the growing dollar exchange rate in the third quarter of the year and by the dramatic increase in the dollar price in September 2011.

An inspection conducted by Sverdlovsk Region environmental prosecution authorities detected a number of grave violations of the water code by Yekaterinburg division of PepsiCo Holdings. It was detected that the organization has been dumping insufficiently cleaned wastewater in the River Iset, and the amount of such water reached nearly 13,000 cubic meters in 2010 alone; this was confirmed by the results of chemical lab tests carried out by the Hygiene & Epidemiology Center for Railway Transport. In August-September 2011, the maximum permissible discharge norms were exceeded by 2.5 times

Uralvagonzavod Scientific & Production Corporation dumped 6,600 tons of polluting agents in the air last year, which amounted for 5.8% of all the emissions in the town of Nizhniy Tagil. These data are available from the public report on the state of and condition of Sverdlovsk Region environment in 2010. The report was compiled on the basis of information provided by state statistical bodies, environmental surveillance agencies, state-run environmental protection bodies, and leading environmentalist and conservationist organizations.

TransCreditBank is to sell 3.5% of Ural Transport Bank’s shares by auction on December 16, 2011. This shareholding belongs to Russian Railways Public Company, the bank’s website states. The opening bid was set at 36.8m RUR. Applications can be submitted between October 31 and December 5, Interfax-Ural reports. Russian Railways is reported to have 9.3% of the bank’s shares altogether.

В 11.00 в РКЦ (ул. Красноармейская, 88) пройдет пресс-конференция, посвященная окончанию масштабной акции «Дни министерства образования и науки Челябинской области». В 12.00 в ЮУрГИИ (ул. Плеханова, 41) начнется мероприятие, посвященное 50-летию ветеранской организации Советского района Челябинска. В 12.00 в пресс-центре «Комсомольской правды» (ул. Красная, 4) состоится пресс-конференция по итогам первого года деятельности «Гильдии мастеров-оружейников Златоуста» и поездки в США. В 14.00 сотрудники министерства здравоохранения Челябинской области привьются от гриппа (ул. Кирова, 165).

8-9 ноября в Челябинске состоится ежегодная конференция «Внешнеэкономическая деятельность предприятия: новое в налоговом, валютном и таможенном законодательстве». 18 ноября в Челябинске пройдет юридический форум Южного Урала на тему: «Вопросы малого и среднего бизнеса».

Magnitogorsk Iron & Steel Works (MMK) came up with a report on its innovations efforts. The company’s scientific and technological policies and implementation of innovations are mainly handled by the science and technology center, the company reports. The center comprises the Central Control Lab, a patent and licensing group, and an R & D group. According to MMK Director-General Boris Dubrovsky, the center’s efforts are focused on several fields, the main one being the development of new product types production technologies for the company’s existing equipment. First and foremost,