UrBC, Yekaterinburg, November 25, 2016. Ural Vagon Zavod Corporation’s head plant coordinated its annual amateur Olympics that are part of the company’s physical education and sports program, their press service reports. This year, twenty-one sports events were organized at the plant altogether, with more than 25,000 people from 110 different departments and divisions taking part. The best teams were awarded with trophy cups, honorary certificates, and money prizes (10,000 to 15,000 RUR to be spent on sportswear and equipment). The track-and-field race for Mashinostroitel Prize, a volleyball

UrBC, Yekaterinburg, November 25, 2016. The Ural Bank for Reconstruction & Development reports a dramatic increase in the demand for bank guarantees based on Federal Acts 44 FZ, 223 FZ, and 615 PP, the bank’s press service reports. The bank issued 2.2 times more guarantees in the third quarter of the year compared with the first quarter, while their overall amount actually tripled. ‘The rising demand was brought about by seasonal factors above all. State-run enterprises coordinate more tenders and auctions in November and December in order to use up this year’s budgets and find reliable

UrBC, Yekaterinburg, November 25, 2016. Renova’s KORTROS Corporation presented its Akademichesky Project as an example of energy-effitcien technologies in the housing construction sector to Russia’s Energy Minister Alexander Novak, RSG-Akademicheskoye’s press service reports. ‘In addition to being Russia’s largest full-scale housing construction project, Yekaterinburg’s newest quarter can boast innovative energy-saving technologies,’ the press service says. During the minister’s visit to KORTROS’s stand at ENES 2016, Akademichesky Management Company’s Director-General Nikolai Smirnyagin

UrBC, Yekaterinburg, November 25, 2016. Around 900 apartments currently for sale on Yekaterinburg existing homes market drop in price every week, while around a hundred apartments grow more expensive, Ural Real Estate Chamber’s analysts report. ‘Prices kept going down on Yekaterinburg existing homes market since last February. The price decrease was rather gradual and stagnated throughout the summer until the downward trend resumed in the fall. Housing prices went up a little in certain market segments during the month of October, which has to do with the changing market structure rather than

UrBC, Moscow, November 25, 2016. Russia’s Central Bank detected and eliminated some 120 pyramid schemes in the three quarters of the year, banki.ru refers to Head of Central Bank’s Open Market Fraud Prevention Administration Valeriy Lyakh as saying. ‘Around thirty schemes were uncovered in the last three months and perhaps about 120 since the start of the year,’ he said. The damage has been estimated at 40,000 to 80,000 RUR per every deluded investor on average. The number of victims varies from constituency to constituency, Lyakh said, and comes to between 100 and 150 people. Lyakh also