December 8, 2014. Yekaterinburg came 11th in the rating of Russia’s most prosperous cities that was created by the Sekret Firmy magazine. The magazine’s analysts looked into the weighted average cost of a car and of an apartment (per square meter) based on online ads on Avito in 155 Russian cities with the population of over 100,000 people. The analysts processed ads posted online at the end of the first, second, and third quarter of the year 2014. In Yekaterinburg, the average price of a square meter of housing stands at 75,000 RUR, that of an automobile at 230,000 RUR. In Moscow (the

December 8, 2014. Uralvagonzavod Corporation presented its multi-purpose vehicle TM2 at Russia’s Transport, an international forum and exhibition in Moscow, the corporation’s press service reports. A presentation on the advantages of this all-purpose, wheel/track-mounted vehicle for relocation of railway carriages around the premises of industrial enterprises and repair depots was made for Russian Vice Premier Dmitri Rogozin by Uralvagonzavod’s Director-General Oleg Sienko. He said, for one, that today’s TMV2 was a serially produced vehicle that was part of the import replacement program for

December 8, 2014. Yekaterinburg Fine Arts Museum is going to re-create the office occupied by the Hermitage Museum employees during the war evacuation period. The city council says the local authorities are quite interested in having a culture/education center called the Hermitage-Urals here. ‘This project will be financially difficult to implement. Nevertheless, thanks to the city council and the fine arts museum’s efforts, a reconstruction of the building will begin, and additional space will be provided for museum depositories,’ the city council’s press service says. Head of Yekaterinburg

December 8, 2014. The co-founder of Malysheva 73 Igor Zavodovsky won the Delovoy Kvartal magazine’s Person of the Year contest as the Developer of the Year, Delovoy Kvartal Yekaterinburg reports. Zavodovsky has been with the company since the day it was founded. He is in charge of strategic issues, general management of construction projects, commercial estate transactions. Zavodovsky was one of the instrumental managers in the construction of the fourth extension to Greenwich Shopping Center in Yekaterinburg. The company is now getting ready to have its GreenPark Business Center in downtown

December 8, 2014. Proxima Capital and Yermak Developers set up Rosagromarket, a holding that now plans to put up a wholesale distribution center in Yekaterinburg, Kommersant reports. Two such centers operate in Moscow Region at the moment, and a suitable location near Moscow is being searched for yet another one. Yekaterinburg, Novosibirsk, Rostov-on-Don, and Vladivostok are expected to get a center each, with their area ranging from 50,000 sq m to 300,000 sq m. The first seven centers are estimated to require $500m to $700m worth of investments. The distribution centers are supposed to act