Magnitogorsk Iron & Steel Works (MMK) came up with the training plans for its workers, managers, and experts in 2012. Every year, the company issues orders on training MMK employees in various fields selected on the basis of educational needs analysis and applications submitted by the company departments. The training programs involve all of the company’s structural divisions and all employee categories. According to MMK PR Department, a lot of attention is paid to professional training, re-training, and professional development of the company’s workers. The employees get trained and

A group of twenty-two inventors and development engineers at Uravagonzavod Scientific & Production Corporation haven’t been receiving any pay for their work since 2009, Genesis Law Office’s press release states. In 2008, the authors of a new invention, a useful make of a tank wagon’s boiler body, signed an agreement with Uralvagonzavod that ensured their remuneration. Under this agreement, payments had to be made every time the useful modification was actually used, every time the make was used in the plant’s production process, and every time the patent was sold or assigned. The

‘We are working on a large-scale upgrade program for Koltsovo Airport’s jet fuel supply system,’ TNK-BP reports. The company announced that its acquisition of Koltsovo Fuel Filling Company, the operator in charge of storing and filling the planes with jet fuel at Yekaterinburg’s international airport, was complete. TNK-BP bought a 100% stake in TZK-Aktiv from Koltsovo Airport and paid $70m for it; the company also bought a 100% shareholding in Koltsovo Fuel Filling Company for $30m. ‘The acquisition was part of our strategy aimed at expanding the range of services we offer and at improving on

Ural Airlines and Emirates signed an agreement that will offer the airlines’ passengers a through check-in option, Ural Airlines’ press service reports. Now the passengers planning to use a connecting flight operated by Emirates to continue their trip can get a single ticket all the way through to their final destination and not worry about the second check-in and luggage drop at Dubai Airport. This will considerably save their time and will make connecting much easier. The service is available to passengers departing from the airports of Yekaterinburg, Chelyabinsk, Novosibirsk, and Nizhniy

Yekaterinburg-based EXPO 2020 application committee and the architects Foster+Partners signed an agreement of intent on the development of a general layout of an exhibition building in Yekaterinburg that is to house the main theme of EXPO 2020, Global Mind. The agreement was signed in the course of MIPIM International Fair in Cannes. The ceremony took place in Azure Pavilion next to Sverdlovsk Region’s stand where visitors to MIPIM could take a look at Yekaterinburg’s application for hosting the world fair in 2020 throughout the entire fair. Director-General Eric Bugulov signed the agreement

Enel OGK-5’s core business revenues amounted to 60,102m RUR last year, which was 14% better than in the year 2010. The company’s report states that the increase in revenues mainly had to do with the market growing more liberal and the rising electricity prices on the free market. The company’s net profit (calculated in accordance with the IAS) came to 4,964m RUR, which outstripped the figures for 2010 by 34%. The electricity supplier’s net debt reached 27,443m RUR, which was 36% more than in 2010. EBITDA came to 13,550m RUR – a 47% increase against the figures for 2010. The company runs