February 13, 2013. Magnitogorsk Metal Goods Plant (MMK-METIZ, a part of MMK Group) started selling its rolled metal products via an online store. The new service means that customers can now order the metal goods from the range of products available in stock at MMK-METIZ warehouse and don’t have to wait for the goods to be produced first. MMK-METIZ e-shop is mainly targeted at households and SMEs. MMK reports this offer brings obvious benefits to consumers, as they can now buy metal goods directly from the manufacturer. This naturally brings the price down, as intermediaries always charge for

February 19, 2013. Magnitogorsk Iron & Steel Works (MMK) came up with a performance report on all the steps taken to reduce the energy resource spending at all of MMK Group’s departments and companies in 2012. Every year, MMK implements a number of corporate programs aimed at bringing down the energy resource spending; this covers electric power, fuel, fire and manufacturing water, heating energy, and air separation products. According to MMK Information & PR Department, 195 measures were taken last year altogether, which means the company has saved 45.5m RUR a year (against 36m RUR

February 25, 2013. Central Stadium is about to be reconstructed, Sverdlovsk Region Minister for Physical Education, Sports, and Youth Programs Leonid Rapoport said today. ‘I confirm that a tender has been held for the reconstruction of Yekaterinburg-based Central Stadium. The company that won the right to work on the design specification and documents must present several reconstruction options by the end of March. As soon as by 2017, Central Stadium will be ready for operation. The task is to reconstruct the facility as carefully as possible, as the building in question is actually on the

February 25, 2013. The Ural Bank for Reconstruction & Development’s Board of Directors decided to increase the maturity terms for the three upcoming issues of their exchange bonds from three to seven years. These changes touch upon the bank’s BO-02, BO-03, and BO-04 issues, the UBRD’s press service reports. The decision to prolong the circulation period has to do with the coming into effect of the amendments to the Federal Securities Market Act; under these amendments, the stock market players must make changes in the documentation relating to the issues that haven’t been launched yet;

February 25, 2013. Chelyabinsk Tractor Plant (ChTZ) held a meeting with the Russian and foreign trade representatives and presented the company’s development strategy as well as some new designs and technologies to them, Uralvagonzavod Corporation’s press officer reports. Over 40 heads of companies that are all connected to ChTZ commodity distribution network looked into last year’s most noticeable achievements; the main one of them was definitely the 7% increase in sales. In 2013, the enterprise expects to deliver 1,362 vehicles to its customers, which is 10% more than a year earlier.