June 24, 2013. ChTZ-Uraltrac (a member of Uralvagonzavod Scientific & Production Corporation) will complete its large-scale delivery of vehicles to Tatneft. The corporation’s press service reports that the oil company will receive 14 B10M and B12 bulldozers, 11 TR20 pipe-laying vehicles, and 6 units meant for making trenches. ‘A half of the assembled tractors have hydro- mechanical transmission, which makes operating them easier. What is more, they are fitted with the Webasto starting pre-heater, a heating system inside the pit, and a special system for preventing the caterpillar treads

June 24, 2013. A Russia-India business conference took place on the first day of Saint Petersburg International Economic Forum; the event was attended by Russia’s Minster for Industry & Trade Denis Manturov and his Indian counterpart Anand Sharma. It was said that the two countries’ cooperation was seen as a preferential strategic partnership based on close and multi-faceted trade and economic and investment relations. The conference participants spoke about further expansion of their bilateral cooperation relating to both systemic collaboration issues and the implementation of specific

June 11, 2013. The World Steel Association carried its annual rating of the world’s largest steel-making companies recently. The WSA’s Top Steel-Producing Companies 2012 list numbers 40 enterprises, and Magnitogorsk Iron & Steel Works (MMK), with its 13m tons of steel produced last year (given MMK Group’s output on the whole), was given the 26th position in the rating. This was as many as four positions better than a year earlier. All in all, the Top40 list features four Russian manufacturers, and Russia itself, with its 70m tons of steel produced last year, came 5th in the rating of the

June 12, 2013. Magnitogorsk Metal Goods Plant (MMK-METIZ) won in the All-Russian 100 Best Organizations & Enterprises in the Country 2012 Contest in the Best Industrial Enterprise category. The contest coordinator - the Innovations & Development International Forum – singled MMK-METIZ out of hundreds of other contestants, thus admitting the enterprise’s success in the industrial production field in 2012. The contest is meant to promote the Russian organizations and enterprises’ development, to enhance the efficiency and quality of their work, and to facilitate the professional

June 24, 2013. President and Supervisory Board Chairman of the Russian Sberbank German Gref commented on the positive development dynamics in the way Chelyabinsk Tube Rolling Plant (ChTPZ) was paying off its loan; this was the message addressed by the top official of the bank that heads the syndicate of ChTPZ creditors to Russia 24 reporters in the course of Saint Petersburg Economic Forum held on June 20-22. ‘This is a very complicated case of restructuring, the amount of debt is quite large, so it took the syndicate a long time to coordinate this scheme, it took many months, in fact. At the