UrBC, Yekaterinburg, June 19, 2018. Three Chinese nationals and a football supporter from Egypt were the first international visitors to try out the tax free option in Yekaterinburg. They got around RUR 75,000 back on their high street shopping, Koltsovo Airport Customs’ press service reports. Passengers departing from International Terminal B asked a customs officer for help with the processing of their receipts and the VAT return forms. The whole thing only took a few minutes. Once the goods, a special-format receipt bearing the customer’s data, and the customer’s ID have been presented,

UrBC, Yekaterinburg, June 19, 2018. The number of loans issued by the Ural Bank for Reconstruction & Development (UBRD) to small and medium enterprises rose by 81% in the first quarter of 2018 compared with last year, the bank’s press service reports. ‘According to RAEX’s recent research findings, the overall amount of loans issued to SMEs throughout Russia went up by 15% in 2017. The UBRD kept up with the trend: as our loan product range expanded and the financial terms grew more lenient, our customers applied for borrowed funds increasingly more often. Besides, we are also willing to

UrBC, Magnitogorsk, June 19, 2018. A new professional standard for Process Management came into effect in Russia on May 2018. It was Magnitogorsk Iron & Steel Works (MMK) that proposed and partially designed the standard for this new job, MMK’s press service reports. The professional standard got developed in collaboration with ABPMP Russian Chapter, OOO ELCODE, and Institute of Logistics and Supply Chain Management. The Process Management Standard defines the job functions, required academic qualifications, and work experience an expert in process management needs to fulfill/have to

UrBC, Yekaterinburg, June 19, 2018. The foundation of a new temple and the blessing of the cross took place in Yekaterinburg’s District Akademicheskiy on June 17, 2018; the ceremony was conducted by Metropolitan Kirill of Yekaterinburg and Verkhoturye; the temple will be put up in memory of Passion Bearer Evgeny the Doctor and in memory of all doctors in the Fatherland, the developer RSG-Akademicheskoye’s press service reports. The temple is to be situated on the premises of the would-be medical cluster (under construction since March 2018). The temple dedicated to the Russian Royal Family’s

UrBC, Yekaterinburg, June 19, 2018. EVRAZ Holding and the Social Investments Foundation coordinated their first All-Russian Children’s Foresight Session in Kachkanar, Sverdlovsk Region, on June 13-15, 2018, EVRAZ Holding Ural’s press service reports. The goal is to engage schoolchildren in the shaping of their home towns’ future. The foresight session took place in Kachanar’s School 57. Over 65 students from the town’s seven secondary schools contributed to the three-day workshop. Children in the 12-17 age group worked on a number of urban improvement projects. Most of the projects had to do