September 30, 2013. Governor of Sverdlovsk Region Evgeny Kuivashev heads the region’s delegation at the 12th International Investment Forum Sochi 2013 on September 27-28, the Governor’s Information Policy Department reports. This year, the forum’s participants are discussing the development of public-private partnerships, ways of attracting private funds to finance large-scale socially important projects, the development of transport infrastructure, and enhancing the efficiency of existing mechanisms of working with investors. The Governor is expected to join the plenary session called

September 30, 2013. The Forbes magazine carried a rating of Russia’s top 200 private companies in 2012; some Sverdlovsk Region-based enterprises were featured on this list. The companies on the list made 22.9 trillion RUR worth of revenues altogether; the list comprises 56 listed and 144 privately held companies. Pipe Metallurgical Company was the 25th in this rating. In 2012, the company’s revenue amounted to 208bn RUR. Chelyabinsk Tube Rolling Plant was given the 43d position in the rating. The plant’s revenue reached 116.8bn RUR in 2012. Sinara Group came 97th in the rating, its last

September 30, 2013. Thanks to the new SMS-banking services, METCOMBANK’s customers can now manage their bank card account remotely, with the help of their mobile phone, the bank’s press service reports. SMS-banking is an extended variety of SMS alerts that allows the user to use text messages to perform the necessary transactions 24/7 and to enhance the security of one’s card considerably. ‘If you haven’t been using your card for a while, it takes just a text message to have it blocked temporarily, and just another text message to activate it again. One of the beauties of performing

September 30, 2013. Russia’s Economic Development Ministry is going to consider co-financing the construction of infrastructure facilities in the Titanium Valley special economic zone in 2014-2016. Russian Prime Minister Dmitri Medvedev asked Minister Alexei Ulyukayev to look into this option after a bilateral meeting with Governor of Sverdlovsk Region Evgeny Kuivashev; the meeting took place the other day in the course of the arms exhibition in Nizhniy Tagil, Governor of Sverdlovsk Region’s Information Policy Department reports. During his meeting with the Head of Government, the Governor

September 30, 2013. Russian Prime Minister Dmitri Medvedev attended Sverdlovsk Region stand at the International Investment Forum in Sochi. Governor Evgeny Kuivashev welcomed the Prime Minister at the stand premises where Sverdlovsk Region’s key investment projects are featured. These projects are actually public-private partnerships, Governor of Sverdlovsk Region’s Information Policy Department reports. The main idea behind running Sverdlovsk Region’s stand at the Sochi 2013 Forum is to show the area’s development programs and our key advantages that ensure comfortable conditions for living

September 27, 2013. Pipe Metallurgical Company (TMK) announced on September 25, 2013 that President and CEO of TMK IPSCO (the company's American division) Vicki Avril decided to resign. She is going to step down on September 30, 2013, TMK reports. 'Ms Avril assumed the responsibility of creating and developing TMK IPSCO in 2008. Thanks to her ongoing efforts, TMK IPSCO now has the dominant share of the market and served as a springboard for TMK breaking into the U.S. Market. Vicki did a lot to shape and strengthen TMK IPSCO's image both for the outside market and inside the

September 27, 2013. Ural Airlines operated its first flight from Chelyabinsk to Beijing at 6:35 PM on September 25, 2013. The air carrier's press service says that the welcoming speech was delivered to the first passengers by the captain of this Airbus A320 plane. All the passengers were also given some useful gifts: a pillow, a pair of earplugs, and a sleeping mask that made the long flight even more enjoyable. You can now fly from the South Urals' capital to China for 26,400 RUR (including all the fees and charges), every Wednesday in October and every Thursday starting from

September 27, 2013. Russian Prime Minister Dmitri Medvedev and Governor of Sverdlovsk Region Evgeny Kuivashev looked at the exhibits at the 9th International Arms Exhibition Russia Arms Expo 2013 at Staratel range in Nihzniy Tagil. The Governor of Sverdlovsk Region's Information Policies Department reports the Prime Minister was also accompanied by Vice Premier Dmitri Rogozin, Russia's Industry & Trade Minister Denis Manturov, Mayor of Nizhniy Tagil Sergey Nosov, and Director-General of Uralvagonzavod Oleg Sienko. The Prime Minister started his tour of the place from Sverdlovsk

September 27, 2013. Uralvagonzavod Scientific & Production Corporation presented as many as eight new special vehicles at the International Arms, Military Vehicles, and Ammunition Exhibition Russia Arms Expo 2013. The holding's press service reports that the new fire support combat vehicle BMPT-72, also known as Terminator-2 (a modification of the T72 tank), is the primary feature of the event. This unique development will be presented to the public on the second day of the exhibition. The corporation pays special attention to upgrading the T72, so Uralvagonzavod's new product

September 27, 2013. Military & Industrial Company (VPK) and Vnesheconombank (VEB) signed a 3.3.bn RUR cooperation agreement valid for ten years. The signature took place at Russia Arms Expo in Nizhniy Tagil today, UrBC reporter says. The contract provides for the creation of a specialized technological center for design, development, and production of military armored wheeled vehicles. Both heads of VPK and VEB as well as Director-General of Uralvagonzavod Oleg Sienko and Russian Vice Premier Dmitri Rogozin were present at the signing ceremony.

September 26, 2013. The 9th International Arms Exhibition Russia Arms Expo-2013 is now opening in Nizhniy Tagil. The exhibition is coordinated by Uralvagonzavod Scientific & Production Corporation and will last until September 28. Over 400 Russian and foreign defense enterprises and design offices are going to display their produce there.

September 26, 2013. In the first half of 2013, all of the banks located in the Russian Federation made slightly over 402bn RUR worth of profits. A year earlier, this figure was 382bn RUR, that is, only 5% less, RBC says. SKB-Bank was among Russia’s most profitable banks, it was given the 29th position in the rating. According to RBC analysts, the bank’s profits amounted to more than 1.119bn RUR on July 1, 2013. This is the highest figure among the lending institutions located in Ural Federal District. The rating of Russia’s most profitable banks is published on RBC.Rating website.

September 26, 2013. Ural Civil Aviation Plant and Sverdlovsk Region Government signed an agreement on unmanned aircraft assembly in the area during the 9th International Arms Exhibition Russia Arms Expo-2013 in Nizhniy Tagil, a UrBC reporter says. ‘Before the end of this year, four to six such aircraft will be produced. We are currently doing the semi knocked down assembly and intend to go on to co-production. I think that, this time next year, we will be assembling dozens of these planes. The main thing we are negotiating at the moment is the location of the production and assembly facility

September 26, 2013. Governor of Sverdlovsk Region Evgeny Kuivashev thanked Uralvagonzavod Scientific & Production Corporation and the Russian Government for bringing the international arms exhibition Russia Arms Expo-2013 in Nizhniy Tagil to new, impressive heights. ‘I’d like to give my special thanks to Uralvagonzavod Corporation and the Russian Government for making sure the exhibition breaks into a new level: it is now on the list of international fairs: Governor of Sverdlovsk Region’s Information Policies Department quotes the Governor as saying. The first point on the agenda of the

September 26, 2013. Russian Federation Vice Premier Dmitri Rogozin gave the official launch to the 9th International Arms Exhibition Russia Arms Expo-2013 in Nizhniy Tagil, Governor of Sverdlovsk Region’s Information Policies Department reports. Russia Arms EXPO-2013 will last through September 28. The exhibition is held under the auspices of the Russian Government and is coordinated by the Russian Industry & Trade Ministry and Sverdlovsk Region Government. The exhibition’s general coordinator is Uralvagonzavod Scientific & Production Corporation. The event’s federal coordination

September 25, 2013. Uralvagonzavod Scientific & Production Corporation’s Personnel Training Center is now offering educational services not only to the employees of the corporation’s head plant but also to the workers from the corporation’s daughter companies. Today, eight young employees from Transport Machine-Building Design Office, all of them in the 20-25 age group, are acquiring new qualifications of a turner, a miller, and an C machine operator, the corporation’s press service reports. The center can boast a modern study/lab facility and employs highly skilled staff who have plenty

September 25, 2013. Starting October 1, 2013, Ural Airlines resumes its second daily flight from Chelyabinsk to Moscow. The air carrier’s press service says that now you can fly from the capital of the South Urals to Moscow at 7:30 AM and at 6:00 PM; the return flights are at 9:45 AM and at 10:20 PM, respectively. This means businesspeople can now be more flexible in planning their trips and manage their time more efficiently. What is more, passengers can always use connecting flight to other Russian cities and well as to destinations in the CIS and Europe. ‘The passenger turnover is going up

September 25, 2013. Yekaterinburg Municipal Duma deputies voted at today’s session to support the project on coordinating and hosting the World Football Championship 2018 in the capital of the Mid-Urals, Yekaterinburg Council reports. In their letter, the deputies denied allegations that Yekaterinburg gave up the idea of hosting World Cup 2018. ‘Yekaterinburg has come a long and complicated way to win the right to host the games here, enormous amount of work was done to modernize the infrastructure; the decision was made, and a number of special projects in preparation for the championship

September 25, 2013. MegaFon announces its telecommunications network is ready for the launch of Russia Arms Expo 2013 in Nizhniy Tagil. For the first time in Russia, the mobile carrier’s portable stations will provide 4G Internet connection on the exhibition premises, the company’s press service reports. MegaFon will also offer free Wi Fi Internet connection to all the visitors to and the participants of the exhibition. This means exhibitors and reporters will be able to transfer data on the achievements presented at the exhibition at the speed of up to 50 Megabits per second. ‘The upcoming

September 25, 2013. Yekaterinburg is currently Russia’s top city in terms of development, culture, and incoming and outgoing tourist industry as well as the living conditions, Deputy Mayor of Yekaterinburg Sergey Tushin said at a solemn reception dedicated to the World Tourism Day. ‘The tourist industry is one of the core sectors of the city’s economy at the moment, and one reason why this sector is developing so fast is that both the local authorities and the business community – as well as the city’s entire public – are interested in this development. When these three parties unite,