December 19, 2012. Uralvagonzavod Scientific & Production Corporation held the final tour of the Person of the Year competition. ‘All in all, over 40 people took part in the contest, and the best ten candidates made it to the final tour,’ the corporation’s press service reports. Throughout the year, Uralvagonzavod kept on supporting the region-wide project dubbed ‘Glory to the Man of Labor!’ In 2012, 132 professional skills contests in 42 categories were held. Some 1,300 Uralvagonzavod employees, all of them under 35, took part in the events. The corporation’s management says these

December 19, 2012. ‘Uralvagonzavod Scientific & Production Corporation’s Special Vehicles Division filled the state defense procurement order for 2012 in full and well ahead of deadline,’ the corporation’s press service reports. The corporation’s defense procurement order consisted of several sets of tasks, the most important ones being the delivery of new vehicles to the Russian Armed Forces and large-scale modernization of the T-72B tanks. The servicing of the army ammunitions and military and special vehicles by the company workers was another important task. The year 2012 was special

December 19, 2012. Magnitogorsk Iron & Steel Works (MMK) is about to start the shipments of rolled metal products meant for the production of bodies of nuclear-powered submarines, the company reports. An interregional committee comprising Prometey Design Bureau, some building companies, and a number of design offices approved of the manufacturing of this produce. The approval applies to MMK’ entire technological chain for the production of special steel for the bodies of these nuclear submarines, including the oxygen converter shop, the Mill 500, the thermal treatment section, and the

December 19, 2012. The international building and finishing materials hypermarket Leroy Merlin opened its outlet in Yekaterinburg today. This retailer is actually a member of Auchan Group. This is currently one of the largest stores in Yekaterinburg: its area comes to 20,600 sq m. The new building supplies hypermarket offers its customers finishing and building materials, sanitary fixtures, floor tiles, lighting fixtures, household goods, and much else besides.

December 19, 2012. 33 mutual investment funds presented by the Ural Bank for Reconstruction & Development at the SuperMIFmarket improved their performance between December 1, 2011 and December 1, 2012. ‘Non-specialized funds, retirement funds, and natural gas and oil funds proved the most profitable over one year,’ the bank’s press service reports. Three mutual investment funds’ profitability ratio was over 11%; these are ‘Volkhonka Bonds Fund’ managed by the Bank of Moscow Management Company (12.1%), VTB Treasury Fund (11.73%), and Uralsib Conservative Fund (11.28%). At the same time,