UrBC, Yekaterinburg, September 19, 2016. The country’s key refinancing rate was decreased by 0.5% down to 10.5% at Russia’s Central Bank’s last meeting, the bank’s press service reports. ‘The Bank’s Board of Directors voted on September 16, 2016 that the key rate should go down to 10% a year, given the slowing down of the inflation rate (as forecast) and the still unstable economy. At the same time, the bank feels that in order to keep up with the slowing-down trend, the current refinancing rate should remain as it is until the end of the year and possibly go down in next year’s first or

UrBC, Yekaterinburg, September 19, 2016. The telecommunications provider MegaFon’s official online store welcomes its customers to place preorders for Apple’s new products, iPhone 7 and and iPhone 7 Plus, the company press service reports. iPhone 7 and iPhone 7 Plus were released on September 7; the smartphones have a fully upgraded camera, stereo dynamics, the new A10 Fusion processor that speeds them up impressively, and are dust- and waterproof. ‘As the Russian mobile Internet market leader, we are happy to see that Apple’s new products support high-speed connection. Over 12m people living

UrBC, Yekaterinburg, September 19, 2016. Yekaterinburg’s Akademichesky District proved Best Area Development Project in the national Pro-Estate Contest, RSG-Akademicheskoye’s press service reports. The awarding ceremony took place for the first time in the course of the 10th International Pro-Estate Forum. The Best Area Development Project category was actually the one with the greatest number of contestants, with fifteen-plus developers submitting their applications. Inteko’s Sadovye Kvartaly and LSR’s Tsvetnoy Gorod were also among the finalists alongside Akademichesky. The forum

UrBC, Yekaterinburg, September 19, 2016. Ural Airlines are offering a 40% discount on tickets for Moscow-Saint Petersburg and Saint Petersburg-Moscow flights this weekend, the air carrier’s press service says. The offer holds on September 16-18, 2016; tickets can be booked on the company website, via their mobile app UralAirlines, and over the phone. Flights will be operated between October 1 2016 and March 25, 2017. ‘Fall is a busy time for Moscow and Saint Petersburg. The two capitals host business conferences, exhibitions, workshops, and so on. Theaters, operas, and culture organizations

UrBC, Yekaterinburg, September 19, 2016. Ural Vagon Zavod Corporation’s head plant and its member enterprise ChTZ Uraltrac presented their promising developments to Sirius Training Center in Sochi, the company press service reports. ‘The head plant handed over its two-axle truck 18-555 and ChTZ gave the center its exhibition sample of the T Series six-cylinder Diesel engine 6T370. The two products will now make part of Sirius’s permanent exhibition and will serve to educate high school and college students as well as promote interest in machine-building and vehicle-manufacturing industries,’