UrBC, Magnitogorsk, July 10, 2018. Magnitogorsk Iron & Steel Works’ (MMK) steel-smelting facility was set up eighty-five years ago this month, the company’s Information & PR Department reports. ‘The plant’s first open-hearth furnace produced its very first batch of steel on July 8, 1933. This marked the beginning of MMK’s steel-smelting plant that came to play a big part in the company’s history and also added quite a few glorious pages to the entire country’s chronicles,’ MMK says. MMK’s steel was used for construction projects of the first Soviet five-year plans, for making shells

UrBC, Yekaterinburg, July 10, 2018. Ural Airlines will be operating additional flights from Yekaterinburg to Blagoveshchensk and back between July 6 and September 16, 2018; the flights will be operated every Friday and Saturday, the air carrier’s press service says. You can also reach Blagoveshchensk from Moscow, with a stopover in Yekaterinburg: Moscow-Yekaterinburg-Blagoveshchensk flight will be operated every Saturday between July 14 and September 20, 2018. ‘Blagoveshchensk is one of the socially important destinations alongside a number of other cities and towns in Russia’s Far East.

UrBC, Yekaterinburg, July 10, 2018. The Ural Bank for Reconstruction & Development (UBRD) recently reduced its business loan refinancing rates, so borrowers can now apply for a refinancing scheme at only 9.5% a year. The refinancing limit stands at RUR 30m, with the repayment period of up to five years. However, the repayment period can get extended in some cases. You can provide your real estate, automobiles, and other assets (excluding actual goods) as loan security. The offer only holds for three months between July 2 and September 30, 2018. This refinancing option is one way to

UrBC, Yekaterinburg, July 10, 2018. EVRAZ Holding’s Nizhniy Tagil Integrated Metallurgical Works (NTMK) coordinated an environmental guided tour of its production premises for the town locals. According to the company press service, the plant got visited by Nizhniy Tagil Duma deputies, representatives of environmental and civic organizations, employees of local industrial enterprises, and local medical clinics’ staff. The visitors got to look at the new Blast Furnace 7 and the plant’s converter and wheelband-making departments and met the plant’s Managing Director Alexei Kushnarev. There was

UrBC, Magnitogorsk, July 10, 2018. Magnitogorsk Iron & Steel Works (MMK), Chelyabinsk Region’s Investment Development Agency, RusFoundryConsult, and the Czech Republic’s SEEIF Ceramic, a. s. signed a cooperation agreement during Innoprom 2018 International Industrial Exhibition in Yekaterinburg. According to MMK Group’s press service, the agreement was signed by MMK Director-General Pavel Shilyayev, Chelyabinsk Region’s Investment Development Agency’s Director Alexei Bobov, RusFoundryConsult’s Director Maxim Sudakov, and Director of SEEIF Ceramic Tomáš Stoszek. ‘The agreement covers a