December 25, 2014. ITERA O&G Company (a member enterprise of Rosnef) and Uralvagonzavod Corporation signed a natural gas supply agreement, the corporation’s press service reports. ‘The ten-year agreement will come into effect on January 1, 2015. Our agreement on a long-term partnership with ITERA means we’ll be able to cut costs on natural gas supply for Uralvagonzavod’s needs and also means we manage to keep on cooperating fruitfully with Rosneft,’ the press service says. For one, an agreement on oil and mineral products supply cooperation was signed in the course of Saint Petersburg

December 25, 2014. First Deputy Director-General Alexander Grubman was appointed the new Director-General of Chelyabinsk Tube Rolling Plant (ChTPZ). Grubman is going to succeed Vitaliy Sadykov, who used to run both of ChTPZ Group’s divisions, the pipe-manufacturing one and the O&G servicing one. Following his leave of office, Sadykov will focus on the development of Rimera. As the plant’s new Director-General, Alexander Grubman will be in charge of developing and implementing the company strategy: enhancing the business performance efficiency and the company’s competitiveness and

December 25, 2014. Novouralsk-based AMUR Car Factory might become the property of Sverdlovsk Region Government, hints the constituency’s Prime Minister Denis Pasler. ‘We might take AMUR out of its current bankruptcy proceedings in order to make it the Region’s property so that it could be sold to investors in 2015,’ Pasler said at a press conference in Yekaterinburg. According to the official, AMUR still has a production site that is suited for making automobiles and special-purpose vehicles. AMUR Car Factory is currently undergoing bankruptcy proceedings, whereas the factory’s former DG

December 25, 2014. Skoda raised prices for all of its car makes by an average of 7% on December 23: the price increase will thus come to between 40,000 RUR and 100,000 RUR per item, Avtostat reports. For one, Skoda Roomster is now 60,000 RUR more expensive and costs 806,000 RUR. Skoda Yeti also grew 60,000 RUR more expensive. The increase in the price of Skoda Rapid will depend on the options you are buying: Rapid Active will become 40,000 RUR more expensive, Rapid Ambition will become 46,000 RUR more expensive, and Rapid Elegance will become 50,000 RUR more expensive. The base price now

December 25, 2014. Sverdlovsk Region’s law on the constituency’s budget in 2015 and the constituency’s government internal loan program Sverdlovsk Region to take out some budget loans next year, Governor of Sverdlovsk Region’s Information Policy Department reports. Just like a year earlier, loans from non-state institutions will be made in the form of credit lines, which will allow for faster decision-making; the actual borrowing policy will depend on the budget revenues within a particular time period. All this will allow the borrowing party to cut debt servicing costs. The interest rate for