May 24, 2013. The All-Russian Research-to-Practice conference called Vocational Education for Workers. History, Modernity, and Future Prospects took place at Uralvagonzavod Scientific & Production Enterprise’s head plant in Nizhniy Tagil, the corporation’s press service reports. The conference participants joined a number of round table discussions and said Russia was now facing some problems that hindered the efficient interaction between the industrial enterprises and educational establishments in terms of adequate employee training. The participants decided that a focus should be on

May 24, 2013. Sergey Krupko, the HR Director of Transport Machine-Building Design Office (KBTM, a member of Uralvagonzavod Corporation), won in Russia’s largest managerial contest called Manager of the Year 2012. The contest is coordinated by Russia’s Free Economic Society and the International Management Academy, with some support from the Federal Assembly of the Russian Federation’s Soviet of the Federation, Uralvagonzavod Corporation’s press service reports. The Manager of the Year contest is targeted at identifying the elite segment of the Russian managerial community, disseminating the

May 24, 2013. SKB-Bank now offers its customers a new service: instant money orders through Visa and MasterCard, the bank’s press officer reports. The instant money order service only used to be available to SKB-Bank cardholders; now a customer can use their SKB-Bank card to transfer money to Visa and MasterCards issued by other banks and get money to their SKB-Bank card from cards issued by other banks. The money order procedure is very simple: you only need to know the 16 digits of the card number that the money gets transferred to, and the amount of money directed there. The money will be

May 24, 2013. Yekaterinburg Duma deputies looked into the municipal budget figures for the first quarter of 2013 at an ad hoc committee meeting, the Duma’s press service reports. The budget revenues came to 29.075bn RUR, the spending came to 30.85bn RUR, so the budget deficit thus came to 1.78bn RUR. The budget implementation as of April 1, 2013 was 7.189bn RUR in terms of revenues (which comes to 24.7% of the approved budget). This is nearly 788m RUR more than in Q1 2012. Most of the municipal treasury’s revenues came from the personal income tax (66.4%) as well as land tax (19.2%) and the

May 24, 2013. VUZ-Bank announced its EARD financial performance results for 2012. The bank’s net profit reached 466m RUR over this period, which is nearly twice the number for the year 2011, the bank’s press service says. As of January 1, 2013, VUZ-Bank’s assets reached 13,751.6m RUR, which indicates a 19.25% growth over one year (+2,220.5m RUR). The bank’s capital exceeded 1.8bn RUR, which means the bank’s own funds rose by nearly 1.5 times in twelve months. The increase in profits was brought about by the restoration of the 49.1m RUR worth of bad debt and NPL reserves.