UrBC, Yekaterinburg, October 19, 2015. Sverdlovsk Region received 180bn RUR in corporate income tax for January-September 2015; this is 7.2% (12bn RUR) more than a year earlier, the local division of Russia’s Federal Tax Service reports. 85.8% of the total amount came from the processing industries, production and distribution of water, natural gas, and electric power sector, the building industry, retail and wholesale trade, transportation and communication, the real estate sector (including the rental market), the tertiary sector, and the financial sector. Compared with January-September

UrBC, Yekaterinburg, October 19, 2015. The local developers’ demand for new land allotment is down by 40%, Sverdlovsk Region Public Property Management Minister Alexei Piankov said at Ural Estate Forum. ‘What we need under current circumstances is a thoughtful approach to what lots are offered at land auctions. Firstly, the land allotments need some sort of infrastructure around. Secondly, we cannot afford to sell everything for a song in order to sell as much as possible. Allotments for private houses are in good demand now, sometimes a decare-big lot with an opening bid of 500,000 RUR went

UrBC, Yekaterinburg, October 19, 2015. Sales went down by 30% to 35% on Yekaterinburg new homes market, the constituency’s Construction & Infrastructure Development Minister Sergei Bidonko said at Ural Estate Forum. ‘The market’s current supply is made up of buildings commissioned in the pre-recession years 2012-2014. This reserve is gradually wearing thin, and there are considerably fewer new development projects here. This has to do with a 30% to 35% decline in new homes sales,’ Bidonko said. According to the minister, the market supply is expected to shrink in the nearest future.

UrBC, Yekaterinburg, October 19, 2015. 119,000 foreign citizens have arrived in Sverdlovsk Region since the start of the year, which is 20% less than a year earlier, Head of Russia’s Federal Migration Service Sverdlovsk Region division Vassiliy Pribavkin said at a press conference. He said the decline was most noticeable in early 2015 and was mainly brought about by economic factors and changes in the migration legislature. ‘On average, citizens of CIS member states make up 85% to 87% of the overall number of foreigners arriving in the area. Most of them (45% to 53%) come from Tajikistan,

UrBC, Yekaterinburg, October 19, 2015. Ural Vagon Zavod Scientific & Production Corporation is taking part in WorldSkills Hi Tech 2015, a blue-collar jobs championship, for the second time this year. The event will be held in Yekaterinburg on October 30-November 3. As the championship’s general sponsor, the company will present every winner with a tablet computer. WorldSkills Hi Tech is coordinated by WorldSkills Russia, Sverdlovsk Region Government, Russia’s Industry & Trade Ministry, and the Agency for Strategic Initiatives. The coordination committee is chaired by Russian Vice