UrBC, Chelyabinsk, November 20, 2017. Russian Copper Company is planning to put up a multi-purpose sports facility in Korkino, Chelyabinsk Oblast, the company press service reports. The project was presented at Governor of Chelyabinsk Oblast’s Investment Council’s meeting on November 16, 2017. ‘The sports facility will comprise a building 2,500 m2 large and an open-air arena 6,000 m2 large. The building will house judo, box, and fitness studios, a basketball gym, a powerlifting gym, and a number of offices. The open-air arena will have running tracks with professional athletic coating, a

UrBC, Magnitogorsk, November 20, 2017. A project proposed by Magnitogorsk Iron & Steel Works (MMK) won the Russian Metallurgy’s Event of The Year 2017 Contest, the plant’s Information, PR & Advertising Department reports. The award was given to MMK for the construction of its Continuous Hot-Dip Galvanizing Unit 3; the unit got launched in July 2017. The awarding ceremony took place at the opening reception of Metall Expo 2017 Industrial Exhibition in Moscow. The winner’s diploma and a trophy (a figurine portraying a metallurgical worker) were presented to MMK Sales Director for Russia

UrBC, Yekaterinburg, November 20, 2017. Oleg Ivanchuk’s team from EVRAZ Holding’s Raspadskaya Coal Company’s Section 19 set a production record in mining work: they worked through 624 meters of mine openings in just one month, EVRAZ Holding Ural’s corporate relations center reports. Raspadskaya Coal Company’s management awarded Oleg Ivanchuk with a new automobile in the course of a solemn ceremony. ‘I am happy to see the company has been increasing its mining work output, which improves the business’s overall performance. We hope Raspadskaya Coal Company’s member enterprises will meet the

UrBC, Yekaterinburg, November 20, 2017. The Ural Bank for Reconstruction & Development reduced its loan refinancing rates by 2% to 6% on November 14, 2017, the bank’s press service reports. You can now reduce your annual interest rate down to 13% (this holds for customers who have their salary accounts with the bank) or even down to 15% (this holds for all other customers) if you make your loan payments five days before the deadline using an ATM or online banking apps and if you transfer your salary into a UBRD account or use the bank’s card to pay for your shopping. The refinancing

UrBC, Chelyabinsk, November 20, 2017. Russian Copper Company’s Karabashmed is almost done with the startup and commissioning of its new mechanized crude copper-pouring facility, the company press service reports. The plant has already come up wit hate first batch of crude copper made at the new pouring line. The trial runs proved that the pouring time is now down to just one hour rather than two. ‘This has meant our ready produce output went up and our idle time went down. Idle times used to result in liquid metal setting solid before its time. Now the problem is gone,’ says Karabashmed’s