UrBC, Chelyabinsk, September 20, 2016. Magnitogorsk Iron & Steel Works (MMK) delivered 1,464,000,000 kg of rolled metal goods to steel service centers in the eight months of 2016 (compared with 1,097,000,000 kg in the eight months of 2015). Now steel service centers are responsible for 40% of MMK rolled metal sales on the Russian market, MMK Regional Sales Group’s Senior Manager Andrei Golitsin said at the 7th All-Russian Steel Service Centers Conference 2016 in Chelyabinsk. According to MMK representative, about a half of MMK rolled metal deliveries to steel service centers is used for

UrBC, Chelyabinsk, September 20, 2016. ChTPZ Group and Magnitogorsk Iron & Steel Works (MMK) improved their status in the Forbes magazine rating of Russia’s largest privately owned businesses. MMK moved from the 19th to the 17th position in the rating; the company’s revenues rose by 51.3bn RUR, up to 354.1bn RUR, last year. Its EBIDTA was estimated at 28.6% in 2015, the highest percentage since 2007. ChTPZ Group is one of Russia’s major pipe manufacturers, responsible for 17.7% of overall sales by the country’s pipe-makers in 2015. Its EBITDA rose by 30% last year, reaching 10.9bn RUR.

UrBC, Yekaterinburg, September 20, 2016. The new issue of Technowars, Ural Vagon Zavod Corporation’s company magazine, dwells on cybersecurity, the company press service reports. ‘Cybersecurity is becoming increasingly more topical with every coming year. There was a record-breaking number of cyberattacks targeted at government’s official websites and information systems in 2014, 74 million instances altogether, that is. Even though this number dropped down to 24 million as the Ukrainian clashes grew less acute the following year, cybersecurity remains one of the key issues in national

UrBC, Yekaterinburg, September 20, 2016. The Ural Bank for Reconstruction & Development (UBRD) made online shopping easier for its customers, the bank’s press service reports. To confirm a transaction, now you just need a one-time unique 3D Secure password that gets texted onto your cell phone (if you signed up for card bank transaction text alerts). Online transactions only used to get confirmed with the help of a permanent password that a customer had to create beforehand either in their e-banking account or during the first payment following identification online. One-time passwords

UrBC, Yekaterinburg, September 20, 2016. Russian Copper Company signed a cooperation agreement with Tractor Hockey Club, the company press service reports. Under the terms of this agreement, Russian Copper Company is to invest 100m RUR in the club in the winter season of 2016/2017 and will become the club’s primary partner. ‘Chelyabinsk Region is perhaps the most important constituency for Russian Copper Company, as five of our thirteen member enterprises are actually located in the Southern Urals. Also, we’ve always seen supporting both professional and amateur sports for both adults and

UrBC, Yekaterinburg, September 20, 2016. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise (EVRAZ KGOK) launched a new, up-to-date plasma unit that is used to strengthen the surface of worn-out rail wheels, EVRAZ Holding Ural’s press office reports. ‘Thanks to the new unit, repairs now prolong an item’s lifespan by 15%. The unit’s capacity stands at 80 to 110 wheel pairs a month; these are treated with argon delivered onto the wheel flange under high temperature, which results in changes in the metal structure and a new strong surface layer. A repaired wheel doesn’t need any

UrBC, Yekaterinburg, September 20, 2016. EVRAZ Holding supplied over 1,500,000 kg of fittings for Sakhalinskaya 2, a new power station in the Far East. Another 2,500,000 kg of rolled metal goods will be delivered to the construction site in the future, the company’s PR Department reports. ‘Our AIII fittings made at EVRAZ Holding’s West Siberian Integrated Metallurgical Works are meant for making ground plates of power-generating facilities and other structures. EVRAZ Holding’s rolled metal products meet all the set requirements in terms of their mechanical and chemical parameters and can