UrBC, Magnitogorsk, Chelyabinsk Region, December 22, 2016. Magnitogorsk Iron & Steel Works (MMK) and Eurasian Resources Group (ERG) signed a long-term strategic agreement for the delivery of iron ore stuffs to MMK. The two parties agreed that over 30,000,000,000 kg of iron ore materials, including pellets and ore concentrate, all produced by ERG’s Sokolovsko-Sarbaiskoye Ore Mining Enterprise, would be supplied to MMK before the end of 2020. This is the largest deal to be struck on the metallurgical market as of late. ‘This contract fully covers MMK’s iron ore needs for the next four years

UrBC, Yekaterinburg, December 22, 2016. Ural Vagon Zavod Corporation met all of the defense procurement requirements for this year. The company fulfilled over ninety state contracts, 70% of which are long-term ones. According to the company press service, the corporation’s member enterprises completed more than ten R&D projects and supplied the country’s Armed Forces with over 1,200 new and upgraded military vehicles and weaponry units. To make sure the Russian Army remains competitive and combat-ready, the company mechanics serviced over 800 vehicles right on military sites this year.

UrBC, Yekaterinburg, December 22, 2016. Ural Vagon Zavod Corporation’s head plant became Nizhniy Tagil’s Charity Giver of The Year and received the mayor’s honorary certificate and cup for its ‘long-standing social partnership and support for the locals’. The corporation’s press service reports this is the fifth time the machine-building giant has won this award. This year, Ural Vagon Zavod implemented a number of socially important projects that benefitted both the city and its residents. 159m RUR were directed to charity in the first nine months of the year alone. The funds got distributed

UrBC, Yekaterinburg, December 22, 2016. Sputnik Hockey Club, for which Ural Vagon Zavod Scientific & Production Corporation acts as the primary sponsor, was founded fifty-five years ago this month, the corporation’s press service reports. Sverdlovsk Region Physical Education, Sports, & Youth Policy Minister Leonid Rapoport, Head of Nizhniy Tagil Physical Education, Sports, and Youth Policy Department Dmitri Yazovskikh, the club’s famous alumni, and many others congratulated this Nizhniy Tagil-based club on the happy event. ‘Sputnik Hockey Club is a true talent pool. Nizhniy Tagil

UrBC, Moscow, December 22, 2016. Pipe Metallurgical Company (TMK), Russia’s Natural Resources & Environment Ministry, Federal Nature Management Agency (Rosprirodnadzor), and Sverdlovsk Region Government signed a cooperation agreement that is part of the next year’s Year of the Environment in Russia, the company press service reports. The paper was signed by Russia’s Natural Resources & Environment Minister Sergei Donskoy, Head of Rosprirodnadzor Artem Sidorov, Governor of Sverdlovsk Region Evgeny Kuivashev, and TMK Director-General Alexander Shiryayev. According to Donskoy, TMK is

UrBC, Yekaterinburg, December 22, 2016. SKB-Bank is offering its customers increased interest rates on deposits this holiday season, the bank’s press service reports. The annual interest rate on our Wish Fulfillment Deposit goes up 1% on December 20, 2016. This is a 270-day deposit, the minimum deposit amount comes to 10,000 RUR,’ the press service says. If you open your deposit using SKB Online mobile app, the interest rate will be raised by an additional 0.3%.

UrBC, Yekaterinburg, December 22, 2016. Overdue debt and non-performing loans currently make up 16.1% of Sverdlovsk Region online loan market, the online lending service E-Zayem reports. This is the third largest percentage among Ural Federal District’s constituencies. It is reported that Yamalo-Nenetsky and Khanty-Mansiysky Autonomous Regions are the two Ural federal constituencies with the smallest amounts of overdue debts on online loans (12.2% and 14.1%, respectively). The only Russian constituencies that are doing better are Chechnya and Moscow (11.7% and 12.1%, respectively), while