In 2014, Uralvagonzavod is going to allocate 4m RUR to thirty kindergartens located in Dzerzhinsky District of Nizhniy Tagil. The teachers and nurses of these kindergartens will be able to undergo professional development training at the plant’s Personnel Training Center, Uralvagonzavod’s press service reports. ‘This is the second year in a row that Uralvagonzavod has been supporting the kindergartens in the neighborhood. This year, 2m RUR are expected to be spent on repairs and 2m RUR will be directed to buying supplies such as special-purpose uniforms, tools, household equipment, and

MegaFon completed all the key processes relating to the company’s integration with Scartel and Yota (the telecommunications provider bought 100% of the latter’s shares in October 2013), the company’s press service reports. It took the parties seven months to get all their assets integrated; the process went through the following stages: first, Scartel and Yota were united into a single legal entity called OOO Scartel which operated under the brand ofYota. Then, all of Scartel’s telecommunications equipment was handed over to MegaFon under a purchase and sale agreement. Upon this, all the key

In the first quarter of 2014, Bank Koltso Urala was 121st on the list of Russia’s largest banks in terms of net asset volume. The bank’s net assets exceeded 34.2bn RUR on April 1, 2014. This makes the bank one of Russia’s Top150 and one of Yekaterinburg’s Top 3 in this respect, the bank’s press officer reports. What is more, according to the quarterly ranking carried by Interfax 100 recently, Koltso Urala is 158th in terms of own funds volume (nearly 2.9bn RUR as of the balance sheet date). 853 Russian banks were featured in this rating altogether, 15 of which are based in Sverdlovsk Region.

Ural Airlines announced they are now selling tickets at subsidized prices for Moscow-Kaliningrad flights. The offer is available for Russian citizens between May 15, 2014 and October 15, 2014. The price of a one-way ticket will come to 3,800 RUR, the air carrier’s press service says. ‘Tickets can be booked via Ural Airlines’ authorized agents and booking offices all over Russia. For more information on this special offer terms and conditions, please call 8 800 2000 262 (toll-free within the Russian Federation),’ the company explains. ‘Ural Airlines are among Russia’s top five air carriers in

Under the current Federal Act 44 FZ, an organization that is taking part in state-run and local government-run tenders must place a deposit within the e-trading floor amounting to 5% of the contract amount, SKB-Bank’s press service says. ‘On the face of it, 5% does not look like a very significant sum, yet this could be quite a burden for a business, especially if the company is applying for several tenders simultaneously. The funds directed to securing the application will be unavailable for about two months – this is how ling it takes to move from submitting an application to signing a