UrBC, Yekaterinburg, September 25, 2015. The Russian market for cession of bank indebtedness went up by 42% since the start of the year compared with a year earlier and currently amounts to 245bn RUR, Sequoia Credit Consolidation reports. This signifies the biggest increase in the last three years against 125.2bn RUR in the nine months of 2013 and 172bn RUR in the nine months of 2014. A number of major banks put their debt portfolios up to auction in the third quarter of the year, making some 12bn RUR altogether. The structure of the portfolios was complemented by the new share of mortgage

UrBC, Yekaterinburg, September 25, 2015. 100+ Forum Russia 2015, an engineering and construction conference with a focus on skyscrapers, opened in Yekaterinburg, the city council reports. The solemn opening ceremony was attended by Russia’s Deputy Construction Minister Elena Sierra, Mayor of Yekaterinburg and Chairman of Yekaterinburg Duma Evgeniy Roizman, Head of Yekaterinburg Council Alexander Yakob, and Soviet of the Federation Senator for Sverdlovsk Region Arkadiy Chernetsky. ‘Local developers have plenty of experience and expertise in high-rise construction. It has been proven that we

UrBC, Yekaterinburg, September 25, 2015. The number of Sverdlovsk Region’s jobless came to 136,100 people in September 2015, Rosstat reports, while the number of working-age population stood at 2303,800 people. In the whole of Russia, the number of people out of jobs rose by 326,000 people in the course of the year. The overall number of the unemployed is now 4.3 times bigger than the number of those who registered with the government employment centers (956,000 people as of late August 2015). On average, a person out of job is 35.2 years old; 28.5% of them are in the under-25 age group

UrBC, Yekaterinburg, September 25, 2015. 28,555 new automobiles were sold in Yekaterinburg between January and August 2015, which was 44% less than a year earlier, Auto Dealer Yekaterinburg reports. ‘August proved a record-setting month for this year, as local dealers managed to sell 4,109 units (down 26% on last August),’ the company says. Lada is still the market leader, even though it was Hyundai whose sales figures were the largest in August; the latter brand used to be No.1 on Yekaterinburg car market throughout the entire first half of the year. As for the top ten best-selling brands,

UrBC, Yekaterinburg, September 25, 2015. Employees of Burevestnik Research Institute (a member enterprise of Uralvagonzavod Corporation) won the S.I. Mosin award, the company press service reports. ‘A team of the company employees were awarded for the development of a new-generation mortar weaponry, namely, the 120mm mortar unit 2S12A, the 82m mortar gun 2B24, and the noiseless mortar gun 2B25,’ the press service says. The S.I. Mosin Prize commemorates a prominent Russian engineer S. Mosin and is one of the country’s oldest awards in the military goods design and development sector. Over