UrBC, Yekaterinburg, May 13, 2016. The average asking price comes to 68,819 RUR per m2 on Yekaterinburg existing home market at the moment, down 0.5% against four weeks earlier and down 2.7% against the start of the year, Ural Real Estate Chamber reports. Prices declined most noticeably for centrally located apartments, where the price of a square meter declined by 2.5% in the last four weeks and currently comes to 93,744 RUR. Homes in the second priciest locations did not grow any cheaper (73,713 RUR per m2), while those in the third most expensive districts grew 0.5% to 0.7% less expensive,

UrBC, Yekaterinburg, May 13, 2016. Sverdlovsk Region-based employers owed their workers 12.383m RUR in unpaid salaries and wages as of May 1, 2016, which was 2.9 times more than one year earlier, Sverdlovskstat reports. The unpaid amounts came to 6.112m RUR in the processing industries sector, to 4.359m RUR in the communal housing services and utilities sector, and to 1.912m RUR in the water collection and purification sector. At the moment, 594 employees are waiting to be paid.

UrBC, Yekaterinburg, May 13, 2016. The Ural Bank for Reconstruction & Development and VUZ-Bank are organizing a business party in Yekaterinburg on Tuesday, May 24, the bank’s press service reports. According to UBRD representatives, a hundred entrepreneurs will be able to do talk over and develop functional business models that work in today’s market – all this in a role-playing game format – and do some useful networking. Invited are all the businesspeople looking for new ideas on business promotion and interested in an express evaluation of their existing thoughts. A business party is a

UrBC, Yekaterinburg, May 13, 2016. The team of miners from Yerunakovskaya 8 Mine (the asset of Raspadskaya Coal Company), headed by foremen Alexander Lyane and Mikhail Menshov, was the first among EVRAZ Holding teams to produce 1,000,000,000 kg of coal this year, the company press service reports. The company management congratulated the miners on their success. ‘This is the first time a team from Yerunakovskaya has achieved the 1,000,000,000 kg target figure in just four months. The miners are working smoothly, manage to avoid accidents and emergencies, and thus set an example for the entire

UrBC, Yekaterinburg, May 13, 2016. Ural Vagon Zavod Corporation’s head plant directed 24.6m RUR to support local schools as part of its corporate social responsibility program, the company press service reports. Most of the money will be spent on remodeling and repairs, including 4m RUR for local kindergartens’ remodeling; also, Nizhniy Tagil Metal Treatment School and Nizhniy Tagil subsidiary of Ural Federal University will receive 3m RUR each. Some 10m RUR will be distributed among twenty secondary schools in Nizhniy Tagil: Lyceum, Gymnasium 86, School 9, Lyceum 39, and School 39 will

UrBC, Chelyabinsk, May 13, 2016. MMK Trading House proved one of Russia’s 1,000 best e-trading market suppliers which contributed greatly to the development of national market competition. The rating for the year 2015 was created by B2B Center. The Top 1,000 Rating comprises suppliers with the best sales on electronic trading platforms (the highest sale/bidding ratio), selected from among 267,000 different companies registered with B2B Center. All the companies on the list were given certificates and Successful Supplier badges as well as provided with acknowledgements on the center’s and