UrBC, Yekaterinburg, October 4, 2018. The Ural Bank for Reconstruction & Development (UBRD) increased interest rates on deposits offered to private customers by 0.25% to 0.5% a year on October 1, the bank’s press service reports. The interest rate on Growing Interest Deposit went up to 8% a year (deposit period: 210 days; the interest gets paid into the overall amount every thirty days; you can add more money (any amount) to the deposit any time you like; the minimum you need to deposit is RUR 10,000). The offer holds for customers who didn’t have an active deposit or a savings

UrBC, Yekaterinburg, October 4, 2018. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise (KGOK) was founded fifty-five years ago this month; a number of festive events got coordinated at the plant to celebrate the occasion. According to the company press service, a museum site got opened at the Main Quarry. The exhibition features mining equipment and samples of minerals collected from the nearby mines of Gusevogorskoye Deposit. Among other things, you can see a BelAZ truck wheel, a pair of rail wheels, and the scoop of EKG 10 excavator unit there. The museum is now located just

UrBC, Yekaterinburg, October 4, 2018. Federal Grid Company United Energy Systems’ Western Siberia branch is about to complete its preparations for the fall and winter of 2018/2019. According to the company’s press service, their seasonal repairs program is now 98% complete. RUR 1.7bn got allocated for the repairs (including preparations for peak workload times). Additionally, the company rescue and engineering teams cleared up more than 3,300 hectares of electric mains passageways and repaired 329 km of 110-kilowatt mains. 366 power transformer units, 624 switchgear units, and 467

UrBC, Chelyabinsk, October 4, 2018. First Freight Company’s Chelyabinsk subsidiary coordinated its first tech drill at Nickel Washing & Steaming Station involving the station staff and employees of Russian Railways (acceptance inspectors and shunting masters working at Nickel Rail Station). The drill focused on how to detect and prevent leaks at tank-type railcars, the company’s press service reports. Head of Nickel Washing & Steaming Station Oleg Shindyaev commented on the importance of doing joint drills to prevent tank leakage. ‘The timing for this workshop is simply perfect:

UrBC, Yekaterinburg, October 4, 2018. Russian customers will have to pay a duty on shipments sent to them from abroad that are worth more than €500. The new regulation comes into effect in 2019, Ural Customs Division’s press service reports. Every Russian national can still receive as many international shipments as they like before December 31, 2018, as long as their total weight stays under 31 kg and their total value stays under €1,000. In case these limits get exceeded, a duty (€4 per 1 kg or 30% of the shipments’ worth) will have to be paid. ‘We can see Russians ordering increasingly