UrBC, Yekaterinburg, May 8, 2019. ChelPipe Group’s member enterprise Chelyabinsk Pipe Rolling Plant (ChelPipe) and Pervouralsk New Pipe Plant (PNTZ) are going to coordinate a series of festive events dedicated to the 74th Victory Day anniversary; more than 4,000 people will attend, the Group’s press service reports. A special ceremony with war veterans, ChelPipe Group employees, and students on the Group’s Future of White-Coated Metallurgy Corporate Training Program will take place in Chelyabinsk on May 8. A concert will also be held for the plant’s long-service employees at ChelPipe Culture

UrBC, Yekaterinburg, May 8, 2019. Sverdlovsk Region’s micro-financing organizations issued RUB 1,307,624,000 worth of micro-loans in 2018, which was 26% less than one year previously, the Bank of Russia’s Ural division’s press service reports. The amount of micro-loans issued to private borrowers dropped by 35% and reached RUB 613,213,000. These were mostly ‘payday loans’ ranging from RUB 2,000 to RUB 30,000 (with the repayment period ranging from three to thirty days). At the same time, the amount of micro-loans issued to sole traders and the self-employed rose by 86% last year and reached

UrBC, Yekaterinburg, May 8, 2019. Following a recent auction, MegaFon got chosen as the primary Internet service provider for Yekaterinburg Underground. Their contract is now valid through March 2020, the telecom company’s press service reports. ‘MegaFon now provides a reliable connection and high-speed 3G and 4G traffic both at underground stations proper and at the organization’s HQ in Volodarsky St. Under the terms of the auction, eighty-seven employees will also be able to make within-MegaFon-network calls free of charge to ensure efficient co-worker communication,’ the press service

UrBC, Moscow, May 8, 2019. The U.S. finance holding Morgan Stanley intends to stop operating in Russia’s banking sector in 2020, the company’s Russian unit’s annual report for the year 2018 states. According to the report, the Group chose to have its Russian unit restructured by having the bank go into liquidation, getting the banking license annulled, and having all the assets transferred to another company. Morgan Stanley will no longer be holding its banking, brokerage, and depositary activity licenses and will shut all of the respective business units down. The company intends to submit

UrBC, Yekaterinburg, May 8, 2019. West-Siberian Metallurgical Plant’s (EVRAZ ZSMK) medium-section mill department has produced 50,000,000,000 kg of rolled metal goods since the departments’ Mill 450 got launched, EVRAZ Holding Siberia’s Corporate Communications Center reports. To celebrate this production achievement, a guided tour was coordinated for the department’s long-service employees and thank-you letters were presented to both the old-time and current workers at the department. ‘Mill 450 got launched in 1976 as one of the country’s largest rolling mills. The department now makes