UrBC, Yekaterinburg, May 14, 2019. EVRAZ Holding, Nizhniy Tagil and Kachkanar Councils, and Sverdlovsk Region Government signed a trilateral socioeconomic cooperation agreement, EVRAZ Holding Ural’s Corporate Communications Center reports. EVRAZ intends to co-finance the construction of a new bridge across Tagil Pond in Nizhniy Tagil. The company will direct more than RUB 1.3 billion to the project. The holding will also fund a number of other important social infrastructure projects in town (total amount of funding provided: RUB 1.9 billion). Also, a MMA Palace will get put up in Kachkanar;

UrBC, Yekaterinburg, May 14, 2019. A new turbine unit got launched at Magnitogorsk Iron & Steel Works (MMK) central power station. The unit comprises a steam turbine and a generator, is more powerful than its older counterpart, and will reduce the per-kW heat spending by 15%. According to MMK’s Information & PR Department, Unit T 42/50-2.9 (power capacity: 50 MW) got manufactured at Ural Turbine Plant. The generator was made at Novosibirsk-based ELSIB Scientific & Production Association. The one-cylinder turbine is fitted with the most advanced automated control system available

UrBC, Yekaterinburg, May 14, 2019. Sverdlovsk Region came No. 14 in the rating of Russia’s top thirty constituencies with the largest car loan markets. The average car loan amount came to RUB 722,437 in Sverdlovsk Region in the first quarter of the year, which exceeds the figures for the previous quarter (RUB 658,766) by 9.7%. According to the National Credit History Bureau, banks operating in Moscow currently issue the largest average car loan amount (RUB 1,094,100), followed by those in Moscow Region (RUB 946,200), and Saint Petersburg (RUB 923,700). Banks operating in Kemerovo Region issue

UrBC, Moscow, May 14, 2019. The year’s inflation appears to be past its peak, as the VAT increase is becoming less of a factor and the temporary inflation-halting variables gain increasingly more impact, the findings of the Central Bank of Russia’s Research & Forecasting Department’s Talking Trends bulletin indicate. According to the bulletin’s April 2019 issue, the monthly growth of consumer prices (adjusted against the seasonal and other factors) falls within the Bank of Russia’s target range. Inflation forecasts tend to stay on the worse-case-scenario side (although to a lesser degree

UrBC, Yekaterinburg, May 14, 2019. The number of people moving to Sverdlovsk Region in the first three months of the year rose by 97% against one year previously and came to 1,836 people (compared with 931 people in January-March 2018), Sverdlovskstat reports. 25,030 and 23,194 people moved in and out of Sverdlovsk Region, respectively, in January-March 2019. One year earlier, the numbers stood at 26,076 and 25,145 people, respectively. 21,987 locals migrated to different parts of the country, and 20,725 people arrived from elsewhere in Russia. Also, 4,305 foreign nationals (including 3,663