UrBC, Chelyabinsk, August 14, 2015. ChTPZ Group's warehouses in Saint Petersburg, Yekaterinburg, Chelyabinsk, and Novokuznetsk proved one of the top hundred successful suppliers in 2014. This rating was created by B2B Center, an e-trading platform, based on transaction records of their 200,000 registered suppliers, the Group's press service reports. In order to get on the Top100 list, a supplier had to win a noticeable part of the tenders they placed their bids for. The company had to take part in least ten purchasing auctions coordinated by at least three different customers. The

UrBC, Yekaterinburg, August 14, 2015. Coordinators of the 10th Russia Arms Expo are carrying the Urals‘ Steel Beasts campaign, with a number of cars in exhibition colors and with images of RAE mascots on them cruising Moscow streets for everyone to see, the exhibition's official website states. The ‘beasts‘ will be seen in the streets of the capital on August 13-22. Those willing to join need to make a picturesque and captivating shot of a car and put it on Instagram under #RAE2015. This offer is open for everyone, with ten best photographs to be selected on August 24-25. The winner will

UrBC, Yekaterinburg, August 13, 2015. Ural Federal District‘s power stations produced 148.4bn kilowatt-hours of electric power between January and July 2015, which was 0.3% less than a year earlier, the local subsidiary of United Power Systems/SO UPS reports. 148.8bn kilowatt-hours of electric power were consumed, down 0.9% on a year earlier. At the same time, electric power output actually increased by 1.6% (up to 19.8bn kilowatt-hours) in July 2015 compared with July 2014.

UrBC, Moscow, August 13, 2015. Russia‘s Central Bank appointed the Deposit Insurance Agency Life Group‘s temporary trustee in bankruptcy; the Group comprises Express Volga Bank, VUZ-Bank, Poidem, and Gazenergobank, the Central Bank's website states. The banks' shareholders and managements will not have any powers until the trustee in bankruptcy has been through with the proceedings. 'The provisional trustee‘s primary task is to investigate the banks' financial situation. Following this assessment, which should provide figures as to the actual worth of assets and

UrBC, Yekaterinburg, August 13, 2015. Yekaterinburg Business Development Center is launching its second business incubator within the framework of its program on the development and support of SMEs in the city of Yekaterinburg in 2014-2016, the Center's press service reports. The new incubator can be found on the premises of Sverdlovsk Film Studio at 71 Malyshev St; the place comprises two fifty-people open space offices and a car parking lot. Just like the first incubator at 9A Pushkin St, the new one has workplaces with office furniture, landline connection and Internet access, with

UrBC, Yekaterinburg, August 13, 2015. 92% of Yekaterinburg residents are willing to consider working from home, findings of a research conducted by E1.Rabota and Zarplata.ru indicate. Being able to do one's own planning and scheduling is seen as the main advantage, according to 66% of respondents; 50% rated the possibility of working right from home as their No.1 plus, 43% of those surveyed pointed to the possibility of working for several different employers at the same time, and every one in four (26%) said being able to spend more time with the family was the best thing about this

UrBC, Yekaterinburg, August 13, 2015. Kamensk Uralsky Foundry Plant/KULZ (a member enterprise of Uralvagonzavod Corporation) made 51m RUR of net profit in the first half of 2015; this was 2% more than a year earlier, the corporation's press service reports. The company also exceeded its aviation-purpose goods and castings output targets, thus increasing output by 7% compared with last year. Sales revenues were 78m RUR short of what had been expected, however, even though the figures were actually 11m RUR more than a year earlier. For this reason, the plant had to slow down on its

UrBC, Magnitogorsk, Chelyabinsk Region, August 13, 2015. Magnitogorsk Iron & Steel Works’ (MMK) net profit (calculated in accordance with the IAS) rose by nearly six times in the first half of 2015 compared to a year earlier and amounted to$468m, the company reports. The company’s revenues shrank by 22.8%, down to $3.2m. The decrease mainly had to do with the average price of 1,000 kg of steel going down by 16.1%, down to $94. The EBITDA came to $963m in the six months of 2015, up 39% on a year earlier, with a 30.5% EBITDA margin. ‘We expect the demand for our produce to go up in early

UrBC, Magnitogorsk, Chelyabinsk Region, August 13, 2015. Magnitogorsk Iron & Steel Works (MMK) is launching an automated operative scheduling system at the plant. The system was introduced at the company’s Sheet-Rolling Department 5 in July 2015 and by now has arrived to all of the major production divisions, including Mill 5000 and cold-roll Mill 2000, MMK reports. The automated system means company can react quickly to changes in its orders book and ensure efficient cooperation among all of MMK production facilities. Considerable savings result from strict compliance with production

UrBC, Moscow, August 12, 2015. Damage to the Russian industry caused by foreign sanctions could reach $20bn, Banki.ru refers to interim Russian Industry & Trade Minister Gleb Nikitin as stating. ‘Damage might reach $20bn due to domestic market refinancing growing more expensive and due to lack of foreign loan refinancing,’ he said. Nikitin said foreign sanctions were mainly targeted against the Russian O&G and defense industries, and it is precisely these industries that are doing somewhat better, despite the economic crisis. ‘These sectors meet all their obligations in full,’ he said.

UrBC, Yekaterinburg, August 12, 2015. Yekaterinburg Council is going to launch one new and several reconstructed kindergartens on the eve of City Day. The city council reports a kindergarten fit for 200 children in Rutminsky St will get fully repaired by the end of this week. A kindergarten for 150 children at 10 Yasnaya St will open on August 11. Another one, fit for 300 children, will start operating at 8A Metallurgi St on Thursday, August 13, and yet another one, fit for 90 children, will get launched at 50B Uralskiye Rabochiye St on Friday, August 14. The city council intends to launch

UrBC, Yekaterinburg, August 12, 2015. Sverdlovsk Region grew less attractive for people living in other Russian Federation constituencies: 16,300 people came here between January and June 2015 while 19,200 people moved somewhere else in the country, Sverdlovskstat reports. This means depopulation was 2,900 people, compared with population increase of 875 people in 2014. Sverdlovsk Region’s overall population shrank by 463 people due to migration (a year earlier, the population grew 1,565 people larger). The number of international migrants rose by 2,437 people (compared with 690 people in

UrBC, Yekaterinburg, August 12, 2015.Yekaterinburg existing homes market supply dropped by 34% in the second quarter of the year compared with a year earlier, Ural Real Estate Chamber refers to Rosreyestr as stating. Prices, however, have been only slightly going down; in fact, asking prices did not fluctuate by more than 0.2% within a week over the last two months. The overall decrease reached 3.7% compared with the start of the year, so, as of August 10, 2015, the average asking price came to 73,411 RUR per m2. The market supply kept surging dramatically between February and June yet slowed

UrBC, Yekaterinburg, August 11, 2015. The second Uralvagonzavod Cup Hockey Championship will begin at V.K. Sotnikov Ice Sports Palace in Nizhniy Tagil on August 12, Uralvagonzavod Corporation’s press service reports. During the four-day championship, Sputnik (Nizhniy Tagil), Bars (Kazan), Yermak (Angarsk), and Chelmet (Chelyabinsk) will meet to compete for the cup. The teams will play against one another, with the final game taking place on August 16. All those willing to do so can come and watch the hockey matches free of charge. The games schedule is available on Sputnik Club’s website and

UrBC, Yekaterinburg, August 11, 2015. The overall arrears of wages amounted to 3.9m RUR in Sverdlovsk Region on August 1; this was 28.6% more than a year earlier, even though the arrears for the last month actually decreased by 27.1%, Sverdlovskstat reports. Three companies reported they failed to pay their employees on time; one of them is in the processing industry and owes its workers 945,000 RUR, another one is a bread and pastry manufacturer (945,000 RUR), and yet another one is an electric power, natural gas, and water supplier (3m RUR). Head of Sverdlovskstat Elena Kutina says

UrBC, Yekaterinburg, August 11, 2015. 446 kg of food items whose import became illegal last year were confiscated by Sverdlovsk Region division of Rospotrebnadzor (the state consumer rights watchdog) between December 2014 and July 2015, the division’s Deputy Head Olga Dikonskaya said at a press conference in Yekaterinburg. She explained embargoed foods were found in Magnit, Pyaterochka, Perekrestok, Verniy, and Megamart supermarket chains. Sixty-six batches got confiscated over the last eight months, including six batches of meat and meat products (U.S. chicken leg quarters and pork filets,

UrBC, Yekaterinburg, August 11, 2015. Pervouralsk New Pipe Plant/PNTZ (a member enterprise of ChTPZ Group) fulfilled its first order for 18x1.0 mm thermally treated precision pipes made of E325 steel from a German customer, the company press service reports. The pipes will be used in the car-making industry; the first shipment amounted to 5,965 m of pipes. Precision pipes are made from electro-welded blanks in full compliance with international standards, which means the product meets the strictest precision requirements and has all the necessary mechanical and technological properties as

UrBC, Yekaterinburg, August 11, 2015. An urban development contest was held in Nizhniy Tagil in preparation for the City Day. Uralvagonzavod Corporation and EVRAZ NTMK shared the first prize as the Best Employers, the corporation’s press service reports. ‘These are the two primary job providers who shape the city’s economy, so it would be wrong to single out one enterprise at the expense of the other. We both contribute to Nizhniy Tagil’s social life as well,’ said the corporation’s Director-General Oleg Sienko. Uralvagonzavod invests in the development of the city’s Dzerzhinsky District and

UrBC, Yekaterinburg, August 11, 2015. Mayor of Nizhniy Tagil Sergey Nosov declared Uralvagonzavod Corporation’s Director-General Oleg Sienko the city’s Citizen of Honor at the solemn ceremony dedicated to the City Day. The nominee was voted for by the majority of Nizhniy Tagil Duma deputies in late June, the corporation’s press service reports. ‘They often say our job is to make goods and meet production targets, and that’s that. But we also invest in social infrastructure and its further maintenance, we make every effort to make sure the city inhabitants see they are not treated as mere

UrBC, Yekaterinburg, August 10, 2015. The average price of a liter of gasoline went up from 33,97 RUR to 34.23 RUR over the course of one week (July 27-August 2) in Yekaterinburg, Rosstat reports. As of August 2, the average price of AI 92 came to 33.26 RUR per liter, that of AI 95 to 35.51 RUR per liter, that of diesel fuel to 34.65 RUR per liter. As a matter of fact, gas prices increased in seventy-one Russian federal constituency capitals last week. In six of the constituencies, the increase was 1.1% or more. The country’s average increase was 0.5%.