UrBC, Yekaterinburg, September 30, 2019. Head of Analytical Department at Ural Real Estate Chamber Mikhail Khorkov says increasingly more new housing gets put up in Yekaterinburg’s central and nearly-central locations. The announcement was made during Ural Real Estate Forum this week. According to Khorkov, the share of centrally located new homes reached 33% of all newly commissioned housing in Yekaterinburg as recently as 2015. By 2018, the percentage rose to 41%, and by the third quarter of 2019, the figure was 47%. ‘This is a very significant structural change. Prior to 2015, the estate

UrBC, Yekaterinburg, September 30, 2019. The overall amount of new homes under construction currently for sale in Yekaterinburg reached an all-time high this year, Head of Analytical Department at Ural Real Estate Chamber Mikhail Khorkov said during Ural Real Estate Forum this week. ‘We are only beginning to look into the market performance in the third quarter of the year, and we are already surprised by the figures: there are currently 144 building cranes operating on Yekaterinburg’s construction sites. This is more than has ever been recorded. The overall amount of housing currently under

UrBC, Yekaterinburg, September 30, 2019. Ural Federal District’s annual inflation dropped by 0.3% in August 2019 against July 2019 and came to 3.8% because the local sowing and harvesting campaigns had been shifted to earlier periods than usual, the Russian Central Bank’s Ural division’s press service reports. The annual food inflation dropped by 0.8% in August against July, down to 4.3%, because the new-season vegetables (including potatoes and tomatoes) arrived on the market earlier than usual and because the harvesting campaigns in the territories from which the food items get supplied to

UrBC, Magnitogorsk, September 30, 2019. Magnitogorsk Iron & Steel Works (MMK) came 26th in RBC 500 rating of Russia’s largest companies as of the year 2018, MMK’s Information & PR Department reports. The company, with its RUB 515bn in consolidated revenues in 2018, moved one position up in the rating against one year previously. ‘The primary criterion used for the ranking was the companies’ net revenue (excluding VAT, excise duty payments, and customs duties). For companies in the finance sector (banks, insurers, stock exchanges, investment funds, and so on), accumulated operating

UrBC, Yekaterinburg, September 30, 2019. Ural Airlines decided to introduce the new Kazan-Harbin flight (via Yekaterinburg) in the year of the People’s Republic of China’s 70th anniversary. According to the air carrier’s press service, Flight U6-859/860 will get operated every Sunday between October 27, 2019 and March 22, 2020. The tickets are available on the company website www.uralairlines.com, on Ural Airlines mobile app, over the phone +7-800-7700-262, and at booking offices. Prices start from RUB 3,915 (one way) and RUB 7,830 (there and back) for Kazan-Yekaterinburg flights and from RUB

UrBC, Yekaterinburg, September 27, 2019. Yekaterinburg’s Koltsovo Airport introduced stricter quarantine control regulations for all the vessels and passengers arriving in Sverdlovsk Region from the Republic of Armenia, the local division of Rospotrebnadzor’s press service reports. Stricter measures are now in order as thirteen villagers in Geghhovit, Gegharkunik Province, and Getashen, Armavir Province contracted anthrax. ’60 people who came in contact with the anthrax patients are now under doctors’ supervision. As it turns out, one person who contracted the disease in one of the Armenian

UrBC, Yekaterinburg, September 27, 2019. Beloyarskaya Nuclear Power Plant’s BN-600 Reactor Power-Generating Unit 3 resumed operating after scheduled refueling, maintenance, and preventive equipment overhaul. According to the plant’s Information & PR Department, the power-generating unit reached its nominal capacity on September 25, 2019. The unit got shut down for the maintenance jobs on September 11, 2019. In the meantime, the plant’s BN-800 Reactor Power-Generating Unit 4 keeps operating at nominal capacity on dispatch schedule.

UrBC, Magnitogorsk, September 27, 2019. Magnitogorsk Iron & Steel Works (MMK) is coordinating this year’s Engineer of The Year Contest, the company’s Information & PR Department reports. ‘The goal of the annual engineering event is to distinguish MMK’s best engineering workers, advertise their tech achievements and production experience, and have them compete in the all-Russian Engineer of The Year Contest later on. The competition is open to MMK employees, regardless of their position in the company and their PhD in Engineering Science or lack thereof, who have a BSc./MSc. degree in

UrBC, Yekaterinburg, September 27, 2019. ChelPipe Group is presenting its unique developments at the 24th Surgut. Oil & Gas 2019 International Exhibition in Yugra this year. According to the Group’s press service, visitors to the exhibition stand will be able to see a multimedia presentation on FRACTURA, the Group’s new solution that helps increase oil output at complicated deposits, and some samples of ChelPipe Prime (premium threaded joints for casing and pumping/compression pipes). These are made at ChelPipe Group’s Pervouralsk New Pipe Plant (PNTZ) with the help of unique technologies

UrBC, Magnitogorsk, September 27, 2019. Magnitogorsk Iron & Steel Works (MMK) and Pipe Metallurgical Co., OJSC (TMK) held a coordination council meeting in Volzhsky, Volgograd Region, to look into their current performance and discuss future collaboration plans. According to MMK’s Information & PR Department, this was the two companies’ 27th coordination council meeting so far. The meeting was attended by heads of Tech and Sales at MMK, TMK, and TMK’s Volzhsky Pipe Plant, Seversky Pipe Plant, and TAGMET. Deputy Director-General for Sales at MMK Sergey Ushakov chaired MMK’s delegation.

UrBC, Yekaterinburg, September 26, 2019. The average credit limit on credit cards issued by Sverdlovsk Region’s banks between January and August 2019 rose by 6.7% against one year earlier and reached RUB 54,796, the National Credit History Bureau’s press service reports. ‘The credit card segment is still the most popular and fastest-growing one on the retail lending market, primarily because of the convenience and technological proficiency of the service. Unlike consumer loans, credit cards are easier to risk-manage for the banks thanks to the credit limit option; the borrowing parties, in

UrBC, Yekaterinburg, September 26, 2019. New homes in Yekaterinburg’s recently commissioned apartment buildings grew 1.6% more expensive in the third quarter of 2019 compared with the second quarter, Novosel Group’s analytical research findings indicate. Prices of studio apartments rose by 1.1%, those of one-bedroom homes rose by 1.3%, and those of two-bedroom ones rose by 2.8%. ‘The asking price of a studio apartment currently on offer on Yekaterinburg new home market comes to RUB 3,474,617 on average (the place is 42.1 m2 big on average); that of a one-bedroom apartment comes to RUB

UrBC, Yekaterinburg, September 26, 2019. Sverdlovsk Region’s businesses owed their employees RUB 25.153m in delayed wages and salaries as of September 1, 2019, Rosstat’s website indicates. RUB 52,000 out of the total amount pertain to wage arrears for the year 2018; RUB 396,000 out of the total amount pertain to wage arrears for the year 2017 and earlier. Ural Federal District-based employers owe workers RUB 65,945,000 altogether.

UrBC, Yekaterinburg, September 26, 2019. ChelPipe Group hosted an intern conference for students and alumni of National University of Science and Technology (MISiS), Ural Federal University, and South Ural Federal University this month. According to the Group’s press service, during the conference the interns could look into the company’s production processes, meet the Group’s top managers, join a Theory of Inventive Problem Solving (TRIZ) course, and go on guided tours of White-Coated Metallurgy facilities. ‘ChelPipe Group has this Intern Program to attract the talented young people capable

UrBC, Chelyabinsk, September 26, 2019. ChelPipe Group is now certifed as ACCA (The Association of Chartered Certified Accountants)-approved employer; this partnership is an acknowledgment of the quality vocational training the Group provides for accountants. According to the company’s press service, ChelPipe Group is the first pipe manufacturer to get certified by the Association. ‘Our new status means the Group offers professional training to employees of the finance and accounting departments dealing in all the paperwork to do with business transactions, data analysis, and support of

UrBC, Yekaterinburg, September 25, 2019. School principals and Department of Education officials from Nizhniy Tagil, Kachkanar, and Mezhdurechensk went to a strategic session for Children’s Foresight Project in Moscow. The session got coordinated by EVRAZ Holding, the Agency for Strategic Initiatives (ASI), and the Social Investment Foundation, EVRAZ Holding Ural’s Corporate Communications Center’s PR Department reports. The session participants learned about the latest educational trends in Russia and the world. The ASI presented their strategic initiative on providing a talent pool for the

UrBC, Yekaterinburg, September 25, 2019. ChelPipe Group supplied a set of pipes meant for the construction of natural gas and water pipelines to Amurskaya Heat & Power Plant. The pipes got manufactured at the Group’s Chelyabinsk Pipe Rolling Plant and Pervouralsk New Pipe Plant. According to the Group’s press service, the heat and power plant placed an order for 2,500,000 kg of weld-less and welded pipes. The smaller pipes (diameter: 108 mm to 720 mm) will be used to put up a circulating water main; the bigger ones (diameter: 720 mm to 1,220 mm) with a three-layer, corrosion-resistant

UrBC, Yekaterinburg, September 25, 2019. Mayor of Yekaterinburg Alexander Vysokinsky invited the locals to take part in a public opinion survey relating to the construction of Saint Catherine’s Church in town; the invitation was announced after Yekaterinburg Duma meeting on September 24. The event will take place at Polling Station 51 on October 13 and is open to every Yekaterinburg local with a residency registration who is over eighteen. Alexander Vysokinsky also commented on the land allotments intended for the church construction site that the survey participants can choose from. ‘I’ve

UrBC, Yekaterinburg, September 25, 2019. The average consumer loan amount issued by Sverdlovsk Region’s banks between January and August 2019 rose by 6.2% against one year earlier and thus reached RUB 181,053, the National Credit History Bureau’s research findings indicate. Russia’s top five federal constituencies where the average consumer loan amount was at its highest in January-August 2019 were Moscow (RUB 418,100), Saint Petersburg (RUB 295,500), Moscow Region (RUB 295,100), Khanty-Mansiysky Autonomous District (RUB 263,600), and Leningrad Region (RUB 214,000). The increase in the

UrBC, Yekaterinburg, September 25, 2019. 5,000,000,000 kg of coal have been produced at EVRAZ Holding’s Raspadskaya Coal Company’s Raspadskaya Mine since the start of the year, including the 2,000,000,000 kg extracted from a single coalface (Section 1). According to Raspadskaya Coal Company’s PR Department, miners from Section 1 were the first to extract this year’s first 1,000,000,000 kg of coal from a single coalface by April 2019. The next 1,000,000,000 kg got extracted in the course of the following 4.5 months. Section 1 miners are working on Coalface 4-10-31 that got commissioned in