June 19, 2014. Sberbank is currently trying to sell the building of Corteo Fashion Mall in Yekaterinburg. There are several potential customers for the asset, yet the purchase and sale agreement or any other binding document has not been signed by any party so far, which is why the bank is willing to negotiate with other potential buyers, Sberbank of Russia’s Ural branch’s press service informed UrBC. It was announced in late September 2013 that WEDA Fashion Group had to put its shopping center up to auction because of the money it owed to Sberbank of Russia. The creditor’s claims amounted to

June 18, 2014. A filtering exhaust device made by the Czech company Messer Enviro Tec is now being installed at Thermal Department 3 of Uralvagonzavod Corporation’s head plant. The capacity of the device is estimated at 20,000 m3 an hour. According to the corporation’s press service, another device is now being prepared for assembly and will be launched before the end of the year. The department uses German fume-cutting machines to make spare parts for railway carriages and special vehicles; these machines can cut alloyed steels and special steels. One side effect of fume-cutting is harmful

June 18, 2014. According to the data provided by the federal statistics agencies, 329 hotels and similar types of accommodation operated in Yekaterinburg in late 2013, Sverdlovskstat’s press service reports. This number included 267 hotels (81.2% of all accommodation types), 43 furnished apartments (13.1%), 16 hostels (4.8%), 2 boarding houses (0.6%), and 1 other type of accommodation (0.3%). Small enterprises ran 170 hotels and similar types of accommodation (51.7%), enterprises other than small ones ran 91 hotels (27.6%), and sole traders ran 68 hotels (20.7%). By the end of 2013, 41 hotels

June 18, 2014. The ongoing economic crisis forced most large enterprises to cut their investment programs by 1.5 to 2 times. This, in its turn, will result in slower construction speed and dropping profits, the Economic Events Bureau claims. The Director-General of GEN STROYURAL Construction Company Evgeniy Golubenko pointed out that small and medium enterprises might turn out to be the ones that will get hit the hardest, since these are the SMEs that are least resistant to shocks. The current state of affairs is made even worse by the fact that the competition on the construction market is

June 18, 2014. ChTZ-Uraltrac (a member enterprise of Uralvagonzavod Corproration) shipped this year’s second batch of spare parts for B10M, T-170, and DET-250 tractors to its Ukrainian dealer Assol. The first shipment of parts and joints for the caterpillar track vehicles was made to Zaporozhe in the spring, the corporation’s press service reports. ‘The van loaded with 10,000 kg of goods, headed off to Vassilyevka across the Ukrainian state frontier. The dealer runs a spare parts warehouse and a repair depot for servicing ChTZ-Uraltrac’s vehicles in this town. The B10M bulldozers also get

June 18, 2014. Uralvagonzavod Corporation is one of the 28 Russian companies that are taking part in Eurosatory 2014, the international arms, security technologies, and protection devices exhibition in Paris, the corporation’s press service reports. In Paris, the holding presented the military vehicles made at two of its member enterprises, Nizhniy Tagil-based Uralvagonzavod and Omsk-based KBTM. The stand features TOS-1A combat vehicle, TMM-6 mechanized bridge, a bridge-laying vehicle, IMR-3M counterobstacle vehicle, and BREM-3M armored recovery vehicle made by KBTM. ‘Visitors and exponents

June 17, 2014. Ural Airlines flew 1,697,205 passengers between January 1, 2014 and May 31, 2014, which was 21% more than a year earlier, the company’s press service reports. 14,310 flights have been operated since the beginning of the year, including 4,463 international flights, 6,265 domestic flights, and 3,582 flights around the CIS. The airline’s passenger turnover rose by 21% in January-May 2014 compared with January-May 2013 and came to 4,492,816,000 passenger-kilometers. In May 2014, the air carrier operated 3,426 flights, including 1,246 international flights, 1,445 domestic flights,

June 17, 2014. UMMC Holding and Hyatt Hotels Corporation are going to set up an apartment hotel in Yekaterinburg. This was discussed at the meeting the corporation’s heads Thomas Pritzker and Mark Hoplamazian had with the Russian company’s President Iskandar Makhmudov and Director-General Andrei Kozitsyn, UMMC press service reports. The joint project is expected to make use of the multi-purpose Iset Tower set that is currently being put up by OOO Yekaterinburg City (a member enterprise of UMMC construction division). ‘We hope to be able jointly to go through with this apartment hotel project

June 17, 2014. The member enterprises of ChTPZ Group’s pipe manufacturing and maintenance division are going to take part in the 21st World Petroleum Congress in Moscow on June 16-19; their aim is to present their newest developments in the field of oil production and transportation. According to the company’s press service, ChTPZ Group’s stand will represent both the pipe manufacturing and the O&G maintenance divisions and will be illustrative of the company’s strategy targeted at meeting all the various needs of the O&G sector enterprises. During the exhibition, ChTPZ Group’s member

June 17, 2014. Three Mundial 2014 games will be broadcast in Yekaterinburg’s fan zone this weekend. According to the city council’s press service, the event coordinators also prepared some entertainment for the supporters as well. On Friday, June 20, an extreme activities day will start at 8PM. Spectators will be treated to parkour, free running, and tricking shows. ‘Renowned Russian athletes, winners of many titles, will join the event. Visitors to the shows will be able to take part in all sorts of contests and join the Fat Football match. There are two more things waiting in store for the

June 17, 2014. Chelyabinsk Tube Rolling Plant (ChTPZ, a member enterprise of ChTPZ Group) shipped four pipes, each with the diameter of 1,420mm and wall width 21.7mm, with inner and outer corrosion-resistant coating, made of Magnitogorsk Iron & Steel Works-made steel sheets with strength grade K60, to Gazprom: the pipes are meant for welding the so-called ‘golden abut’ of the Russian natural gas pipeline project, the Power of Siberia. According to the company’s press service, Gazprom placed the order for a set of large-diameter pipes with ChTPZ Group. ‘We are proud of the fact that our

June 16, 2014. Players from Ogneborets, Uralvagonzavod Corporation’s company team, became hockey champions and winners of the Crystal Cup awarded for winning in Rostech-Russian Corporate Games World Corporate League. The championship was held in Moscow. According to the corporation’s press service, this is the first time an ice hockey championship has been organized within the four years of running the competitions. Four teams took part in the event: a team from N.E. Bauman Moscow State Technical University, AvtoLine Group, which took part in the contest for the first time this year, a team

June 16, 2014. President of the Russian Union of Industrialists & Employers Alexander Shokhin signed a certificate which confirmed Russian Copper Company Group joining the organization he leads. ‘We operate in the real sector of economy, we put up ore mining enterprises that remain unmatched on the post-soviet arena, build plants from scratch, and upgrade old production facilities. I am positive that our membership will be very beneficial to the Union – we are truly aware of the sector’s peculiarities, pay great attention to corporate social responsibility projects, and are willing to

June 16, 2014. MegaFon and Kaspersky Lab are launching free antivirus software for Anroid-based mobile devices, the mobile telecommunications provider’s press service reports. ‘All of MegaFon’s customers who prefer Android 2.3 (and up)-based devices can enjoy the benefits of a special version of Kaspersky Internet Security for Android free of charge. This protection comes as a part of the package for all of MegaFon-branded new products,’ the message states. Kaspersky Internet Security for Android was designed by Kaspersky Lab experts specially for MegaFon subscribers; it can check the device

June 16, 2014. The Director-General of Uralvagonzavod Scientific & Production Corporation received a thank-you letter from Deputy Head of Russia’s Federal Service for Military & Technical Cooperation Konstantin Biryulin, who expressed his gratitude to Oleg Sienko and the entire Uralvagonzavod team for taking part in KADEX 2014, the International Arms & Military Assets Exhibition, Uralvagonzavod Corporation’s press service reports. The letter dwells on the corporation’s special role in the development of military and technical cooperation between Russia and Kazakhstan. For one, the

June 16, 2014. A large screen meant for broadcasting the games of the World Football Championship of 2014 is now being installed at Mayakovsky Park in Yekaterinburg, the city council’s press service reports. The screen is over 60 sq m big. It is to be assembled from 135 60x60 cm modules in the course of a few hours: first, modules have to be put into place one by one, then, the structure needs to be connected to an electric power supply, and finally, the image settings will need to be adjusted. This is a LED screen that will be able to operate in any weather and in virtually any temperature,

June 16, 2014. The World Steel Association came up with its annual rating of the world’s largest steelmakers in 2013. There are 50 companies on the WSA Top Steel-Producing Companies 2013 list. Magnitogorsk Iron & Steel Works (MMK), with its more than 11.9m tons of steel produced last year, was given the 29th position in the rating, therefore becoming once again one of the world’s top thirty largest steelmakers. There are four Russian enterprises on the list of the top 50 manufacturers all in all, and Russia itself is the world’s fifth largest producer of steel, with output standing at

June 11, 2014. The employees of Uralvagonzavod Corporation's head plant are going to plant some 1,000 trees and flowers in Nizhniy Tagil – this is part of the city's Dzerzhinsky District greenery planting program. 'Dahlias, sage and marigold flowers, petunias, phlox, and other flowers will be planted in six central streets and squares in the area and at 15 sites at Uralvagonzavod. Over 30,000 flowers will be planted on the Memorial Mound by employees from the carriage assembly department and in Glory Square which already looks like a multi-colored flower carpet thanks to the

June 11, 2014. Omsk Transport Machine-Building Design Bureau (KBTM, a member enterprise of Uralvagonzavod Corporation) keeps working on the launch of new information technologies. According to the corporation's press service, the company ran a test launch of a computer-aided contract confirmation system, and all the work on the data processing center was completed in June. Pre-launch preparations, from designing and upgrading the premises for the data processing center to delivery and assembly to start-up and commissioning of all the equipment of both the engineering and the computing

June 11, 2014. MegaFon, a major telecommunications provider, announced the completion of a tender to do with the delivery of telecommunications equipment; several suppliers were decided upon, including the world's leader in the field of ICT solutions, Huawei, the company's press service reports. The contract between MegaFon and Huawei is valid for seven years. This is a new approach on the Russian telecommunications market. The contract is worth several billion rubles and covers the delivery of equipment for the construction and upgrades of 2G/3G/LTE networks as well as software