UrBC, Yekaterinburg, March 14, 2018. ChelPipeGroup is holding White Coated Metallurgy: The Power of Transformation Exhibition at Moscow School of Management SKOLKOVO. The exhibition reflects the company’s unique approach to production and its philosophy of transformation through White Coated Metallurgy; there are several sections to look at — painting, graphic works, photography, interior design, architecture, and multimedia. The exhibition takes off on March 12 and will be open to visitors through May 7, 2018. ‘Moscow School of Management SKOLKOVO is one of the leading international

UrBC, Chelyabinsk, March 14, 2018. MMK Group’s Trade Union’s Legal Advice Service came up with a performance report for 2017, the company press service reports. The company’s lawyers are continually involved in expert examination of local normative acts’ draft proposals. They checked 567 drafts proposed by MMK Group for compliance with the Labor Code in the course of twelve months. The company’s labor dispute committee looked into eight employee complaints: in six cases, the employer’s orders were ruled ungrounded and got dismissed. The company workers asked for legal advice much more often

UrBC, Chelyabinsk, March 14, 2018. ChelPipe Group carried its financial report for the year 2017; the report has been drawn up along the International Accounting Standards, the company press service reports. The Group’s revenues rose by 17% in 2017 compared with one year earlier and amounted to RUR 158.257bn. Its gross profits declined by 6%, however, and reached RUR 37.572bn, while the company’s EBITDA also declined by 16%, down to RUR 23.639bn. ‘Our EBITDA was affected by dropping home sales and increased production costs. Our EBITDA margin declined by 5.8% and thus came to 14.9%. At the

UrBC, Yekaterinburg, March 14, 2018. New Long-Face 50-06 got launched at EVRAZ Holding’s Raspadskaya Coal Company’s Uskovskaya Mine; its estimated GZh coke-coal deposits come to 1.7m tons, the holding’s PR Department reports. Long-Face 50-06 has all the necessary high-performance equipment to ensure efficient coal extraction. The combined machine and other appliances have already been delivered onto the mine face. ‘We make a special effort to ensure miners’ safety. All the gas-drainage procedures were carried out prior to the launch of the long-face. During the mining jobs as well, all

UrBC, Yekaterinburg, March 14, 2018. Analytical Credit Rating Agency (ACRA) brought Sverdlovsk Region’s credit rating from BBB+ (RU) up to A- (RU), with Stable rating outlook; the constituency’s bond issue ratings were also promoted from BBB+(RU) to А-(RU), Sverdlovsk Region’s Information Policy Department reports. According to Sverdlovsk Region Economics & Territorial Development Ministry, the constituency’s credit rating and its bond issue ratings went a level up. This improvement was brought about by a number of key factors at play: better budget discipline, the budget growing more