UrBC, Yekaterinburg, January 16, 2019. Federal Grid Company United Energy Systems (FGC UES) upgraded the appliances at six power substations in Western Siberia. Last year, twenty air break and oil break switches got replaced with the most advances SF6 ones, FGC UES’s PR & Media Group for Western Siberia reports. The company invested RUB 511 million into the modernization project to make the power supply to end users in Tyumen Region, Khanty-Mansiysky Autonomous Region, and Yamalo-Nenetsky Autonomous Region (where 3.6 million people live and major oil and gas companies operate) even more

UrBC, Magnitogorsk, January 16, 2019. Magnitogorsk Iron & Steel Works (MMK) came first in the rating of Russian ferrous and non-ferrous metallurgical enterprises in the second half of 2018 as the best national manufacturer of flat rolled products and paint-coated and galvanized rolled goods. According to MMK’s Information & PR Department, the bi-annual rating was made public in the latest issue of the Metallosnabzheniye I Sbyt magazine. MMK proved No.1 among all the Russian rolled sheet manufacturers once again, thanks to up-to-date, highly productive facilities that got put up in the

UrBC, Magnitogorsk, January 16, 2019. MMK Group’s MMK METIZ won one of the prizes at Chelyabinsk Region round of the nationwide Russia’s Most Socially Responsible Business Contest. According to MMK’s Information & PR Department, the contest got coordinated by Chelyabinsk Region Labor & Employment Department. The goal is to make employers more socially responsible towards their employees, ensure the development of collective agreements as a tool for managing work relations, make prevention of accidents at work and occupational illnesses more efficient, create incentives for the

UrBC, Yekaterinburg, January 16, 2019. The Ural Bank for Reconstruction & Development (UBRD) launches its new Savings 540 Days Deposit on January 15, 2019. This deposit type differs from its counterparts in that the savings period is longer (eighteen months) and the interest rate comes to up to 7.85% a year, the bank’s press service reports. ‘This is a perfect offer for those who’ve already saved a certain amount and are now considering various long-term investment options. A bank deposit is still one of the clearest, affordable, and secure mechanism, so over 95% of private customers’

UrBC, Magnitogorsk, January 16, 2019. Metallurg Foundation, a charity organization that gets primarily funded by Magnitogorsk Iron & Steel Works (MMK), was declared to meet the Silver Standard in the course of the All-Russian Donors’ Forum Annual Report Contest (aka Starting Point). According to MMK’s Information & PR Department, the contest gets coordinated by the Donors’ Forum with support from Russia’s Economic Development Ministry and Presidential Grants for Civil Society Development Foundation and in cooperation with the Social Information Agency and Blagosfera Center. This year,