April 15, 2014. The International Exhibition Center Yekaterinburg EXPO might only break even in 2016 or 2017 (not considering the interest payments on loans). The original break-even point was set for the year 2014, Deputy Economics Minister of Sverdlovsk Region Elena Novotorzhentseva said at a press conference in Yekaterinburg today. ‘The exhibition center was built on borrowed money, so, if one doesn’t take the necessary interest payments into account, we should start breaking even by 2016 or 2017,’ the official said. According to Ms Novotorzhentseva, 30% more of exhibition space is used

April 15, 2014. Paralympics world cycling champion Alexei Obydennov thanked Uralvagonzavod Scientific & Production Corporation for support and faith in his success, the corporation’s press service reports. ‘Leader of the Russian national team Alexei Obydennov proved Russia’s first Paralympics world champion in cycling and won two gold medals: he came first in the three-kilometer race (an American came second and an Australian came third) and then he won an individual one-kilometer race, finishing it in 1 minute and 06.131 seconds. This was actually a world record for the Russian

April 15, 2014. On April 11, Mayor of Moscow Sergey Sobyanin was shown the new three-section 71-414 tram that had been designed jointly by Uralvagonzavod Corporation and the Polish company PESA. The Director-General of Uralvagonzavod Scientific & Production Corporation Oleg Sienko and Chairman of the Supervisory Board and DG of PESA Tomas Zaboklitsky presented the new tram on their respective companies’ behalf, the corporation’s press service says. 120 such trams will be delivered to Moscow within the framework of an agreement between Moscow Transport Department and one of

April 15, 2014. Ural Locomotives (a joint venture run by Sinara Group and Siemens AG) got visited by a delegation of chief train safety experts at Russian Railways, headed by Head of Russian Railways Motion Safety Department Shevket Shaidullin. According to Sinara Group’s press service, the visit was part of a network meeting of deputy heads of local railway divisions and chief inspectors for motion safety from all of Russian Railways local divisions. During their visit to the enterprise, the delegates talked about the ways of improving Sinara 2ES6 electric loco; special emphasis was made on

April 15, 2014. The Director-General of Uralvagonzavod Corporation Oleg Sienko talked to temporary acting Governor of Volgograd Region Andrei Bocharov about the prospects of Krasny Oktyabr, a plant that happens to be the corporation’s strategic partner. According to the holding’s press service, Andrei Bocharov pointed out that the enterprise was very special to Volgograd as it was one of the primary employers in the city; he said it was crucial for the plant to keep developing and to maintain its corporate social responsibility projects. ‘As the head of Volgograd Region, I am prepared to