UrBC, Chelyabinsk, October 5, 2018. You Only Live Once, a creative project on industrial safety developed by ChelPipe Group and one of the leading creative agencies Instinct (BBDO Group), won three important awards. The project won bronze as Film (Corporate Social Responsibility (CSR)/Corporate Image) at the Ad Black Sea 2018 International Festival in Batumi, Georgia, in September 2018. Additionally, third prizes were given to it in Design & Craft — Motion Graphics and Print & Outdoor (Poster Advertising) at Art Directors Club Russia Awards 2018, ChelPipe Group’s press service

UrBC, Moscow, October 5, 2018. Russia’s Finance Ministry has RUR 475.5bn allocated for purchasing foreign currency between October 5 and November 7, the ministry reports. ‘The overall amount of money directed to foreign currency purchases comes to RUR 475.7bn. The purchasing transactions will take place on October 5-November 7, 2018, which means the daily spending will come to RUR 20.7bn,’ the Finance Ministry says. In the meantime, the national budget is expected to get RUR 479.7bn in extra O&G revenues in October 2018, as the actual oil prices are currently higher than predicted. Now

UrBC, Chelyabinsk, October 5, 2018. Chelyabinsk Pipe Rolling Plant (ChelPipe) signed agreements to annul all of the share lending contracts ChelPipe and ChelPipe Group’s Pervouralsk New Pipe Plant (PNTZ) had with their creditors Gazprombank and Bank VTB in September 2018, the company press service reports. ChelPipe Group therefore has no encumbrance on its loan book at the moment. ‘The company keeps working to improve its performance and control debt, and the creditor banks chose to approach the case very cooperatively, so we can now switch to borrowing money without additional security. We

UrBC, Moscow, October 5, 2018. 19% out of 2.5 million businesses operating in Russia finished last year off in the red, Russia’s Federal Tax Service’s data indicate. Another 27% made no profits in the financial year 2017. Now the Federal Tax Service’s report covered companies that did not go into liquidation officially but in actuality stopped operating.

UrBC, Yekaterinburg, October 5, 2018. The Ural Bank for Reconstruction & Development (UBRD) is now launching its new charity project within a larger-scale Children Believe in Miracles Program; the new project provides a social worker/curator for every child living in a foster home/orphanage to help them with mastering professional skills, the bank’s press service reports. The goal is to help children in foster care do a try-out for their dream job with the help of a curator who already has the required qualifications and can share their personal success story, guide a child through their