Recently it’s been fashionable to talk about a new wave of economic crisis. Production is in stagnation despite the constant modernization course. Professional staff regularly appears in the labor market though employers complain that there is nobody to be hired. Oil and gas sector remains the only significant source of budget revenues, while the basis of the economy - small and medium business - suffers from corruption. And all these features are very familiar to us. Once again, the regions are elaborating projects to attract foreign and domestic investment in their development by

March 21, 2014. Six new German high-precision Heckert units and Austrian WFL numerical program control units meant for making spare parts for up-to-date engines were recently installed at Chelyabinsk Tractor Plant (ChTZ., a member enterprise of Uralvagonzavod Corporation) advanced technologies production site, Uralvagonzavod Corporation’s press service reports. ‘These are the most advanced metal-cutting units available at the moment. This sort of equipment is used by the leading machine-building companies in the West and in Russia, companies that lead the way in technological and technical

March 21, 2014. The gross domestic product of Sverdlovsk Region amounted to 1,484.4bn RUR in 2012 (in current prices), Sverdlovskstat reports. In comparison with the year 2011, this was 7.1% higher; the deflation index against the year’s average for 2011 was 7.4%.

March 21, 2014. Chelyabinsk Tube-Rolling Plant (ChTPZ) had over 500,000 RUR worth of new equipment installed at its roll-forming and tooling department (in charge of making spare parts) within the framework of its upgrades and production enhancement program, ChTPZ Group’s press service reports. ‘The new-generation plasma heat treatment unit is meant for surface treatment of the spare parts and tools for the pipe-making departments that are made at the roll-forming and tooling department. The purpose of the treatment is to make the metal wear-resistant. The hardening comes to 0.8mm-1.2mm, and

March 21, 2014. In 2013, the net profit of Fat-Processing Works (calculated in accordance with the Russian Accounting Standards) dropped by nearly five times. The figure stood at 504.197m RUR in 2012 and decreased to 105.808m RUR last year, the enterprise’s report states. As for the company’s revenues, these reached 5.749 bn RUR in 2013 against 5.096bn RUR in 2012.

March 21, 2014. Ural Electrochemical Plant (UEIP) is now actively implementing its project called Production Site Topology that is part of a new strategy adopted by TVEL, a fuel company. The strategy is aimed at leadership in the non-nuclear, yet promising, segments of industry. The idea is to locate new production facilities on the premises of currently unused and soon-to-be-available production sites at UEIP (some 34,000 sq m altogether), the company’s press service refers to the Project Curator Andrei Fedorov’s report as stating. To ensure speedy communication with the potential site