Sadovaya Group SA (Luxembourg) ended 2012 with a loss of $14.596 million, the company said in a statement. In 2012, the company received income of $39.954 million, while in 2011 this figure was $90.082 million. As the agency reported, Sadovaya Group SA (Luxembourg) ended 2011 with a net profit of $13.232 million. Sadovaya Group is a holding company and specializes in the mining, processing and beneficiation of thermal coal, coal mining and processing waste, as well as coal trading operations.

The owners of Fido Bank have completed the acquisition of a subsidiary financial institution of the Austrian Erste Bank - Erste Bank. “The owners of Fido Bank PJSC have closed a deal to purchase 100% of the shares of the Ukrainian subsidiary bank - Erste Bank JSC,” Fido Bank said in a statement. Once the transaction is closed and the transfer of ownership is completed, the process of merging Erste Bank and Fido Bank will begin.

Journalist Masha Gessen will leave the post of director of the Russian service of Radio Liberty, media manager Gleb Morev reports on his Facebook . “Masha Gessen has been fired,” Mr. Morev wrote. In an interview with Kommersant-FM radio, Ms. Gessen stated that she was resigning as director of her own free will. Read more about Masha Gessen’s decision in the Kommersant-Online article “Masha Gessen leaves Radio Liberty.”

State Duma deputies demand election privileges. Parliamentary factions intend to amend the bill on elections to the lower house. State Duma deputy from the LDPR faction Andrei Svintsov and member of the federal political council of the RPR-PARNAS party Konstantin Merzlikin discussed the situation with presenter Anna Kazakova. Photo: Dmitry Dukhanin, Kommersant / buy photo Deputies propose tightening conditions for new and small parties.

Well-known lawyer and death penalty specialist Judy Clark will join the defense of Dzhokhar Tsarnaev, suspected of committing a terrorist attack in Boston, RIA Novosti reported on April 30, citing the Boston Globe. According to the publication, this decision was made by Judge Marianne Bowler in order to “ensure the defendant sufficient representation at the trial.” Tsarnaev is accused of using a weapon of mass destruction and faces life imprisonment or the death penalty.

The Parliament of Cyprus voted in favor of 10 bills agreed upon with the troika of creditors, primarily to increase taxes and fees, the adoption of which is necessary to receive financial assistance. 29 out of 56 deputies voted for the most controversial law - on real estate. It is expected that the same number of votes will approve the bill on ratification of the memorandum with creditors on the conditions for receiving financial assistance. Parliament will discuss it at its evening session.

The government's proposals for the regional investment program for 2013-2015 (KIP AS) will be presented for adoption in the second reading in the same form. This decision was made at today's meeting of the permanent working group to consider issues related to the development of highways and road activities. The amendments proposed by the deputies were not supported by the working group.

Not long ago I had the opportunity to attend a franchise exhibition. Such topics are still rare for Russian regions. During the exhibition, several facts caught my attention. Natalya Gorova, editor of BUSINESS GUIDE “REGIONAL ECONOMY” Photo: Andrey Gerashchenko, Kommersant First of all, the mood of the visitors.

Ukraine continues to strengthen its position in the EU agricultural products market. In the first quarter of this year alone, trade turnover between Ukraine and EU countries increased by 46% and reached $2.5 billion.

The Olympic venues in Sochi were tested in an environment as close as possible to what organizers expect in February 2014. At the same time as the buildings and other construction structures, the technological “filling” of the Games was also tested, which, without exaggeration, can be called unique.

Two new projects of the corporation will cost 18 billion rubles As Kommersant has learned, today at a meeting of the Investment Council under the Governor of St. Petersburg, two new investment projects of the Uralvagonzavod Corporation (UVZ) will be presented. The total amount of financing will be 18 billion rubles - this is a high figure for St. Petersburg. The cost of new UVZ projects is comparable to the entire volume of anti-crisis state support for the corporation in 2008-2009.

The International Trade Center of the Republic of Belarus was unable to return the site on the Ufa-airport highway The Arbitration Court of Bashkortostan rejected the claim of Management Company “International Trade Center of the Republic of Bashkortostan” LLC (WTC) against the city administration. The company asked to invalidate the resolution of the Ufa mayor's office, which canceled the permit for the lease of 8.1 hectares of WTC near the Ufa-airport highway, received in 2009.

"Holy Grail". Cost: $2.9 million. Postage stamp with a face value of 1 cent, issued in 1868. Collectors know of only two Holy Grail postage stamps: one is kept in the New York Public Library, and the second was exchanged for an Inverted Jenny apartment worth $2.97 million Photo: Reuters

Deputy of the Voronezh Regional Duma Konstantin Ashifin, whom the leadership of the regional committee of the Communist Party of the Russian Federation positions as a party candidate for mayor of the regional center, actually launched the election campaign.

Sergei Sobyanin earned 5.32 million rubles in 2012 The Moscow mayor reported on income for the past year. Sergei Sobyanin earned 5.32 million rubles. Many deputy mayors have surpassed him in this indicator.