UrBC, Moscow, October 20, 2015. Sverdlovsk Region-based employers owe their workers a total of 600,000 RUR in delayed wages and salaries, Rosstat reports. According to the statistics agency, the main reason employers haven’t been paying their workers is lack of own funds. The overall amount of delayed pay came to over 3.46bn RUR in Russia on the whole on October 1, which exceeds the figures for a year earlier by 233m RUR. 3.34bn RUR (96.5%) were not paid in time because of lack of funds (up 178m RUR on a month earlier). 122 m RUR were not paid because funding came late from all sorts of

UrBC, Yekaterinburg, October 20, 2015. An earthquake occurred in Sverdlovsk Region yesterday; no serious damage was caused by the seismological disturbance, MoE’s local division o reports. The Russian Academy of Sciences’ geophysics service reports the magnitude of the earthquake was 4.1, its depth 10 km. ‘Experts from the geophysics lab run by the Russian Academy of Sciences’ Ural branch say the epicenter could be located between Nyazepetrovsk and Revda, 35 km to the east of Mikhailovsk. Vibrations could be felt in buildings located as far as Yekaterinburg, Pervouralsk, and Novouralsk. No

UrBC, London, October 20, 2015. Pipe Metallurgical Company/TMK, one of the world’s leading OCTG producers, is holding Investor’s Day in London, the company press service reports. A presentation by TMK management, headed by BOD Chairman Dmitri Pumpyansky, will dwell on the efforts the company makes to keep operationally efficient and financially stable and on TMK’s Russian division’s success and import phaseout achievements under the current market opportunitites. Data on the market dynamics, the company’s latest news, company strategy, and shareholder value growth potential will be presented

UrBC, Yekaterinburg, October 20, 2015. Chelyabinsk Tractor Plant/ChTZ (a member enterprise of Ural Vagon Zavod Corporation) is going to make an upgraded PK 70 loading tractor with a range of extra options by order of a mining company. According to the corporation’s press service, the plant design engineers have completed all the development work and directed their files to the production departments so that the first sample of a new loader could be made. If this sample proves successful with the customer, the plant might get an order for a set of such loading tractors. Alexander Bobrenev from

UrBC, Yekaterinburg, October 20, 2015. Ural Vagon Zavod held its first singing contest, with economist Tatiana Melkozerova winning the grand-prix for her cover of Lara Fabian’s Desperate Housewife. The company press service reports the contest took off on September 18. 60 people came to compete in the first selection round and 21 employees of Ural Vagon Zavod, Ural Transport Machine-Building Design Office, and Ural Railcar-Building Design Office made it to the finals. Contestants performed in five categories: opera singing, pop/rock, folk, rap, and variety show. The panel of judges comprised