UrBC, Moscow, July 2, 2018. Federal Grid Company’s shareholders decided on the amount of dividends for the year 2017 at the annual general meeting, TASS reports. Together with the dividends for the first quarter of 2017, FGC is going to direct RUR 20.31bn out of its net profit (RUR 42.36bn all in all) to dividend payments. The dividends thus amount to RUR 1.48 per share. In 2016, the dividends amounted to RUR 18.19bn (RUR 1.4 per share). This means the amount of dividends to be paid for the year 2017 is an all-time high for the business.

UrBC, Moscow, July 2, 2018. The Russian Government adopted a decree making it obligatory for all the Internet service providers and media transmitting services to store their users’ data for six months beginning from July 1, 2018. The decree is now available on the official legal information portal. The new legislature is part of the anti-terrorist package adopted on July 2018. According to the Cabinet’s decree, ISPs now must store their users’ personal data provided for various online services as well as voice messages, texts, images, and audio and video files for six months. Starting

UrBC, Chelyabinsk, July 2, 2018. ChelPipe Group’s SOT now makes a new type of product for the nuclear power industry: the plant made a set of induction bends (diameter: 219 mm; layer thickness: 11 mm) from stainless steel for the first time. The eighteen bends will be used for the construction of Belorusskaya Nuclear Power Station and have already been delivered to customer, the Group’s press service reports. ‘The fact that our customers in the nuclear industry trust us with important orders is the best proof of our product’s outstanding quality. We are grateful to our partners for the

UrBC, Magnitogorsk, July 2, 2018. Magnitogorsk Iron & Steel Works (MMK) managed to save over RUR 255m as a result of innovative developments and improvement proposals in January-May 2018; this exceeds the figures for a year earlier by nearly 20%, MMK Information & PR Department reports. ‘Our expert boards processed 2,108 improvement proposals in the first five months of the year. 1,432 proposals got approved, which means 67.9% of all the submitted ideas proved a success (compared with 63.6% a year earlier). 423 innovative ideas got considered in May alone, and 292 got approved. 54% of

UrBC, Moscow, July 2, 2018. Russia placed a claim with the World Trade Organization regarding the U.S. steel and aluminum import tariffs, Prime refers to the Minister for Economic Development Maxim Oreshkin as stating. ‘It is believed that the United States violated quite a few of the WTO regulations when imposing extra tariffs on steel and aluminum imports. In addition to Russia, claims against the U.S. have also been placed by China, India, the EU, Canada, Mexico, and Norway,’ the minister said. The United States state that the 25% steel import tariffs and 10% aluminum ones got imposed in