December 9, 2014. Governor of Sverdlovsk Region Evgeniy Kuivashev requested the local officials to look into the possibility of offering residents of the Mid-Urals-based industrial parks a tax holiday, Governor of Sverdlovsk Region’s Information Policy Department reports. Kuivashev’s proposal will be taken into account during the drafting of the local legislation on special economic zones. These preferential terms will be offered to Bogoslovsky Industrial Park as soon as next year, as Krasnoturyinsk Duma is planning to offer the park’s residents a break from land tax till the year 2020. The

December 9, 2014. ChTZ Uraltrac (a member enterprise of Uralvagonzavod Corporation) is going to deliver two swamp tractors T10MB to Ufa, Bashkiria, by order of a large construction company, the corporation’s press service reports. ‘These are serially produced swamp tractors with mechanical transmission, which are, however, special in that there is space provided at the rear to attach a post driver: this will be completed by our partner in Bashkiria. The vehicles will be used for ground improvement at construction sites. The two tractors are now being prepared for shipment at the delivery

December 9, 2014. The Ural Bank for Reconstruction & Development’s Board of Directors decided to go through with a bond issue. The bank expects to issue BO 10, BO 11, BO 12, and BO 13 series exchange-traded bond with the total face value of 10bn RUR, the UBRD’s press service reports. The bond issues will all go into circulation in 2015. BO 10 and BO 11 bond issues will amount to 2bn RUR each, whereas BO 12 and BO 13 bond issues will amount to 3bn RUR each. The face value per bond comes to 1,000 RUR. The said bond issues will be special in that coupon payments will be made on a quarterly

December 9, 2014. Pervouralsk New Pipe Plant (a member enterprise of ChTPZ Group) designed and developed a new kind of 88.9x5.49mm pumping and compression pumps with ChT-VT first-generation premium threaded joints, the enterprise’s press service reports. The product is meant for steam injectors that have to handle extremely high temperature (over 300 degrees centigrade); these pipes are expected to make extraction of high-viscosity oil easier. Pervouralsk New Pipe Plant’s experts’ computer-aided strength calculation has already proved that pipes with ChT-VT threaded joints can be used at

December 9, 2014. Avialeasing Investment & Finance Company laid a claim against UTair Airlines, demanding that the air carrier be declared bankrupt. The investment company’s claim was registered with Khanty-Mansiysky Autonomous District Arbitration Court today. The arbitration court is currently processing several claims relating to UTair’s unpaid debts. For one, Alfa Bank insists on being repaid 11.8m RUR and BFA Bank demands its 603.5m RUR back as well.