UrBC, Yekaterinburg, November 23, 2016. Lastochka ES2G, a high-speed electric train with integrated Russian components and systems, got certified for compliance with the Customs Union Technical Regulations. A special certificate was also issued for the high-speed train bogie also designed and produced at the same plant, Sinara Group’s press service reports. ‘The Interdepartmental Design, Development, & Testing Assessment Committee met at Ural Locomotives in October. The committee comprised representatives of Russian Railways, Ural Locomotives, railway industry-related research institutes,

UrBC, Yekaterinburg, November 23, 2016. Sinara Group’s Sinara Development completed the construction of the first section in its Peremena set of apartment buildings. The commissioning permits for buildings 8 and 6 in Evgeny Savkov St were issued on November 11, 2016, so the new home owners are currently picking up their keys, Sinara Group’s press service reports. These are two buildings of varying height (five to twenty-five storeys) with an underground parking lot. There are 769 apartments with different types of layouts all in all. Sinara Development’s Director-General Timur Ufimtsev says

UrBC, Yekaterinburg, November 23, 2016. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise keeps working on its Severny Mine in order to increase its ore output to 30,000,000,000kg a year, EVRAZ Holding Ural’s press office reports. For one, an up-to-date tire changer was introduced at the vehicle department to replace the tires of 130-ton BelAZ trucks. The time it takes to change one tire (2,200kg each) has by now shrunk by three times. The tire changer is fitted with a special security system that blocks the unit automatically in case anything goes wrong. The vehicle department

UrBC, Yekaterinburg, November 23, 2016. The rating agency Fitch Ratings recently affirmed SKB-Bank’s long-term rating at B-, with Stable Rating Outlook. According to the agency, this has to do with the bank’s improved retail lending performance, the bank’s press service reports. SKB-Bank’s loan book is seen as being of better quality than one year earlier, mostly because the bank is now focused on more solvent customers and those with a good credit history at the bank. As a result, the bank’s profit margin rose considerably in the first half of 2016 against the year 2015. Fitch Ratings

UrBC, Yekaterinburg, November 23, 2016. Sverdlovsk Region intends to make 761.84m RUR in privatization revenues this year and 6.44m RUR in 2018 and 2019 each, the pubic property management report for 2017-2019 states. At the same time, no profit is expected to result from the sale of shareholdings owned by Sverdlovsk Region in the two years to come. The constituency expects to make money only through handing publicly owned buildings and heating, water supply, and power facilities over to private proprietors. No new decisions on getting public property privatized are expected to be made in