UrBC, Yekaterinburg, December 15, 2015. Nizhniy Tagil Cycling School 4 (reopened in 2013 with the help of Sverdlovsk Region Cycling & Mountain Bike, Trekking, & BMX Federation) closed this year’s season this December. According to Ural Vagon Zavod Corporation’s press service, the solemn closing ceremony was attended by the federation’s President Nikolai Sudakov, Vice President of Sverdlovsk Region Sports Federation and the school’s teacher and coach Andrei Dolgikh, Ural Vagon Zavod HR Director and Chair of the Board of Trustees Sergei Saranchuk, as well as the young cyclists, their

UrBC, Moscow, December 15, 2015. Pipe Metallurgical Company/TMK was at the top of the national pipe suppliers rating, the company press service reports. The rating was part of the 10th annual Neftegazshelf 2015 Conference that was held in Moscow with the support of the Russian Industry & Trade Ministry and the O & G Equipment Manufacturers’ Union. TMK Neftegazservis Deputy DG for Service Alexander Yegorov received the award in the course of a solemn ceremony at the Intercontinental Hotel. The rating is bases on the findings of surveys involving oil and gas companies developing

UrBC, Yekaterinburg, December 15, 2015. Sverdlovsk Region’s investment potential grew 0.055% worse this year compared with a year earlier, the rating agency RAEX reports. The constituency’s share in the country’s overall potential is reported to come to 2.596%. According to the agency’s research findings, the federal constituencies’ investments risks have been growing stronger for two years now. This year’s integral risk figures rose by 2.9% (compared with 1.3% a year earlier), constituency financial risk figures rose by 6.2% compared with a year earlier, and economic risk figures rose by

UrBC, Moscow, December 15, 2015. The Japanese corporation Toshiba no longer intends to sell its TV sets and household appliances in Russia, Kommersant reports. ‘We are leaving the Russian market completely; all of our supply actually got sold as early as last October, when consumer goods sales reached their peak. This market turned out to be very hard to operate on, since the Korean companies Samsung and LG have a 70% share of it,’ says Toshiba RUS Director-General Hiroaki Tezuka. It is reported Toshiba plans to focus on B2B contracts. Now Toshiba Corporation runs two companies in Russia,