UrBC, Magnitogorsk, June 20, 2018. Magnitogorsk Iron & Steel Works (MMK) charity foundation Metallurg’s Woman’s Health Project won in this year’s first presidential grants contest, with state funding provided for the winning non-profit organizations. ‘The key idea behind the project is to support the expectant parents in social, medical, and psychological terms. Two hundred families will join in the project, including two hundred pregnant women who are all employed at Magnitogorsk’s various industrial enterprises but are currently on leave because of harmful working conditions; the women

UrBC, Yekaterinburg, June 20, 2018. EVRAZ Holding and Russian Railways switched to a new electronic document flow system in order to do away with hard copies. ‘EVRAZ directs over 300 sets of files and reports to Russian Railways every month, with scores of papers in every folder. Switching to e-document flow will mean we can reduce filing and delivery time from eight to one or two days,’ the holding’s press service says. It took the company around a year to switch to electronic format, during which time both EVRAZ and Russian Railways improved the e-storage servers for EVRAZ Nizhniy Tagil

UrBC, Yekaterinburg, June 20, 2018. Sverdlovsk Region’s public prosecution authorities carried a bill of indictment on a criminal case involving two Yekaterinburg residents who used to run OOO Rubicon Aero Invest. According to the authorities’ press service, the company’s former Director-General and CFO have been charged with abuse of power (Article 201 (Part 2) of the Russian Federation Criminal Code) and large-scale credit fraud (Article 159.1 (Part 4) of the Russian Federation Criminal Code). The inquest team believes OOO Rubicon Aero Invest was working on a new ten-story apartment

UrBC, Yekaterinburg, June 20, 2018. Expert RA/RAEX commented on the key negative factors affecting Koltso Urala Bank’s performance. The latest report on the bank’s credit rating states that these are 1) the bank’s poor competitiveness (Koltso Urala is currently No.122 on the national rating, in terms of asset volume) and 2) a focus mainly on banking services rendered to the bank’s mother enterprise Ural Mining & Metallurgical Company (UMMC). ‘RAEX also warns about enhanced credit risks related to certain loans taken out by parties who are not connected in any way to the bank but do have

UrBC, Yekaterinburg, June 20, 2018. 50% of accommodation options available for the World Cup days are still being unused at the moment, OneTwoTrip’s press service reports. ‘Rental apartments are mostly popular with football supporters flying to Moscow: about 54% of private rentals got booked in the Russian capital. Landlords based in Saransk, Kaliningrad, and Nizhniy Novgorod were less lucky, as only about a third of apartments got booked. Yekaterinburg is somewhere in the middle, as exactly 50% of apartments on offer got booked by football fans,’ the press service says. OneTwoTrip’s analysts