UrBC, Yekaterinburg, February 10, 2020. It’s time for Ural Airlines’ annual summer flight sale again, the air carrier’s press service reports. On February 7-23, flights to the most popular tourist destinations in Russia and abroad can be booked up to 40% cheaper. The flights will get operated on February 10-October 31, 2020; the special offer applies on a ‘first come, first served’ basis. Members of the airline’s Wings Club can also enjoy an additional discount on February 7-9, 2020; you’ll need to sign into your personal member account to use the option. You can sign up for Wings Club

UrBC, Yekaterinburg, February 10, 2020. The overall amount of money Sverdlovsk Region-based private customers keep in bank accounts/deposits rose by 7.9% last year and reached RUB 771.5 billion, the Bank of Russia’s report states. In Russia on the whole, the amount of private funds kept in banks came to RUB 30.665 trillion on January 1, 2020 (up 7.3% on a year earlier).

UrBC, Magnitogorsk, February 10, 2020. Magnitogorsk Iron & Steel Works (MMK) saved RUB 585.4 million through implementation of workers’ improvement proposals last year. This was 29% more than in the year 2018, MMK’s Information & PR Department reports. ‘Since innovations play such a key role in today’s global industry, companies need to make a special effort to encourage improvement proposals and inventor activity. This is why innovation is now on MMK’s list of priorities,’ the company says. The company has a special system for submitting and implementing improvement proposals that

UrBC, Moscow, February 10, 2020. The Russian Central Bank’s Board of Directors met on February 7 for the first time this year to look into the bank’s lending and monetary policy regulations; the BOD decided to bring the key rate by 25 bp, down to 6% p.a. ‘Inflation slowdown is overshooting the forecast. Households’ inflation expectations and price expectations of businesses remain stable overall. In 2019 H2, the growth rate of the Russian economy picked up. Risks of a substantial global economic slowdown persist. Disinflationary risks still exceed pro-inflationary risks over the short-term

UrBC, Yekaterinburg, February 10, 2020. A presentation on the company’s urban improvement program will take place in Pervouralsk on February 8, ChelPipe Group’s press service reports. The program is part of a cooperation agreement involving ChelPipe Group, Sverdlovsk Region Government, Pervouralsk Council, and Center for Urban Development (Head: Sergey Kapkov). Sverdlovsk Region Government officials, Mayor of Pervouralsk Igor Kabetz, and Managing Director at ChelPipe Group’s Pervouralsk New Pipe Plant (PNTZ) Alexei Dronov will all attend the presentation. ‘The town residents will be presented