UrBC, Yekaterinburg, June 15, 2016. Nine out of Ural Vagon Zavod’s eleven member enterprises won medals at the Rostec Russian Corporate Games in the Crimea this summer, the company press service reports. The sports championship was held in Alushta on June 10-13. ‘The summer Rostec Russian Corporate Games competition gathered together at Spartak Stadium over a thousand amateur sportsmen and women, representatives of state-run corporations, concerns, for-profit and non-profit Russian companies. The contestants competed in twenty-two different categories; the corporation’s team members competed

UrBC, Moscow, June 14, 2016. Russia’s Central Bank ruled that its key interest rate is to go down from 11% to 10.5%, the authority’s press service reports. ‘The Board of Directors has considered the positive trends such as stabilizing inflation, more optimistic inflation rate forecasts, lowered inflation risks, and signs that the Russian economy is about to enter a recovery stage. The slowing-down of inflation processes means one can expect the inflation rate to gradually go down to under 5% in May 2017 and to the target figure of 4% in late 2017, provided the bank keeps up with its

UrBC, Yekaterinburg, June 14, 2016. Russia’s Federal Service of Court Officers’ Sverdlovsk Region division found and seized 71 automobiles (worth over 30m RUR in total), the service press officer reports. ‘People with unpaid debts proved very ingenious in hiding their cars. One popular strategy is to keep one’s car in a relative’s garage or in a multi-level or underground parking lot. For example, there was this case with Ferrari 430 (a car you don’t often see in Sverdlovsk Region) in the middle of May,’ the press officer said. The court officers say the new Mobile Tracing app resulted in

UrBC, Yekaterinburg, June 14, 2016. 39,265 mortgage deals were registered by Sverdlovsk Region authorities in January-May 2016, which was 6.3% more than one year earlier, it is reported. Most of the mortgages are for homes (some 27,000 entries in the government register Rosreyestr, 68% of all the contracts). All in all, 115,240 certificates of ownership or other property rights have been issued for different types of housing since the start of the year; additionally, 48,463 certificates have been issued for land allotments. 4,598 contracts with building cooperatives were signed and around

UrBC, Yekaterinburg, June 14, 2016. Yekaterinburg has remained Russia’s No.1 city with population over 1m people in terms of how many international brands operate there for five years now. According to Magazin Magazinov’s research findings, there are currently 169 brands running their shops in Yekaterinburg; this comes to 36% of the total number of international companies operating in Russia. Krasnodar is Russia’s second brand-friendliest city (152 brands), followed by Rostov-on-Don (131 brands). Yekaterinburg also has the largest per capita amount of shopping space (481 m2 per every 1,000

UrBC, Yekaterinburg, June 14, 2016. Ural Airlines came up with a special offer on Russia’s Independence Day (June 12), with 25% discounts on domestic flights, the air carrier’s press service reports. Reduced-price tickets can be booked on June 11-13; on sale are flights from Moscow to Irkutsk, Omsk, Rostov, Tomsk, Ufa, and Chelyabinsk, from Saint Petersburg to Barnaul, Kemerovo, and Rostov, from Yekaterinburg to Mineralnye Vody, from Kazan to Simferopol, from Samara to Simferopol and Sochi, from Sochi to Simferopol, and from Vladivostok to Petropavlovsk-Kamchatsky. These flights will be

UrBC, Yekaterinburg, June 14, 2016. Ural Vagon Zavod Corporation’s head plant’s museum in Nizhniy Tagil is now holding A Kaleidoscope of Talents, an exhibition dedicated to the plant’s 80th anniversary, the company press service reports. The exhibition features some 160 works by forty-five arts and crafts professionals. ‘Visitors at the opening ceremony could all find something to their liking and exchange their opinion of the works. A pair of knitted socks with a picture of the Cherepanovs’ locomotive steamer and words ‘Tagil is the City of Craftsmen’ on them, a train and an automobile

UrBC, Magnitogorsk, Chelyabinsk Region, June 14, 2016. Magnitogorsk Iron & Steel Works issued certificates for the partner companies with which the enterprise plans to produce the highly durable and wear-resistant MAGSTRONG steels. The Priority Partner certificate, signed by MMK Director-General Pavel Shilyaev and Deputy DG for Sales Nikolai Lyadov, was given to one of MMK Group’s repair depots MRK. The paper states that MRK has the special equipment necessary for MAGSTRONG steels treatment and can design and manufacture any kinds of goods through bending, stamping, welding,

UrBC, Yekaterinburg, June 10, 2016. Sverdlovsk Region’s housing supply was estimated at 107.6m m2 last year, which exceeded the figures for a year earlier by 2.1%. This means there is an average of 24.9 m2 worth of housing per every local, Sverdlovskstat reports. 68.5% of homes in the area have running hot and cold water facilities, sewerage systems, central heating, and natural gas supply or electric cookers. 35.4% of houses and apartment buildings are made of stone or brick and 25.7% and 17.2% are made of concrete panels or wood, respectively.

UrBC, Yekaterinburg, June 10, 2016. The telecommunications provider MegaFon came up with a range of useful new services for its football-loving subscribers in preparation for the Euro 2016 championship, MegaFon Ural’s press service reports. ‘Most of the supporters are probably going to watch the games from home, so our MegaFonTV app will provide you with live streaming of championship news and football matches anywhere, any time. Subscribers on our all-inclusive payment plans will be able to watch the games in HD quality on their SmartTVs, tablets, or smartphones. All the other customer can

UrBC, Yekaterinburg, June 10, 2016. Sinara Pipe Plant/SinTZ (a member enterprise of Pipe Metallurgical Company) now makes a new variety of boiler pipes by order of Taganrog Krasny Kotelshchik Boiler Plant, the company press service reports. The cold-worked pipes (diameter 31.75mm, layer thickness 6.1mm) meet the international ASME SA-210/SA-210м standard and will be used for making the equipment necessary for putting up a heat and power station in Vietnam. The Taganrog plant is one of the partners in this construction project as part of Saint Petersburg-based Power Machines. The prospective

UrBC, Yekaterinburg, June 10, 2016. Albert Yamaliyev’s mining team from Alardinskaya Mine and Vasiliy Pasichinsky’s team from Raspadskaya Mine have each produced 1,000,000,000 kg of coal since the start of the year, EVRAZ Holding reports. This is, in fact, not the first time such a production record has been set this year, as miners from Yerunakovskaya 8 Mine (the asset of EVRAZ Holding’s Raspadskaya Coal Company) produced 1,000,000,000 kg of coal in May. As is the custom, the company management coordinated a round of congratulations for the miners when they came out of the mine. Two stones

UrBC, Yekaterinburg, June 10, 2016. Ural Vagon Zavod Corporation’s daughter enterprise Electromachine won in Chelyabinsk Region Corporate Social Responsibility Projects Contest as the Best Social Project. According to the corporation’s press service, this the 13th time the contest was coordinated by Chelyabinsk Region Government, Legislative Assembly, and Public Chamber. The goal is to promote and propagate success stories of CSR activity. This year, sixty companies and sole traders involved in various charity programs took part in the competition. Thirty-three nominees were given trophies

UrBC, Magnitogorsk, Chelyabinsk Region, June 10, 2016. Magnitogorsk Iron & Steel Works (MMK) recently had its metal products audited by Daimler KamAZ Rus. ‘The German auditors had the opportunity to look at all of our production divisions and learn about the properties of our entire range of products, including those made in the cold-rolling, hot-dip galvanizing, and metal-pickling departments,’ the company press service says. Daimler KamAZ Rus is a joint venture run by Daimler Group and KamAZ; the company aims to find an automobile body sheet supplier for its new-generation KamAZ trucks;

UrBC, Yekaterinburg, June 9, 2016. The Ural Bank for Reconstruction & Development (UBRD) was recently awarded as Taxpayer of The Year 2015, the bank’s press service reports. The special certificate was a recognition of the bank’s payments to Yekaterinburg budget and contribution to social projects and was given out by head of the city council Alexander Yakob. The UBRD paid over 2bn RUR in taxes to all sorts of budget and non-budget funds last year, which was 8% more than in 2014. Some 675m RUR were directed to the city treasury and Sverdlovsk Region’s budget (up 37% on a year earlier).

UrBC, Yekaterinburg, June 9, 2016. Russian Copper Company got a new overhead crane for its member enterprise Kyshtym Copper Electrolysis Plant, the company press service reports. ‘The plant keeps working on equipment renovation in all respects, from technological processes to retooling to buying up-to-date machinery and special-purpose vehicles. For one, all the primary overhead cranes have been renovated or replaced two decades after the copper-smelting department was introduced at the plant. The first crane got replaced in 2012, the second one arrived here in the spring,’ the press service

UrBC, Yekaterinburg, June 9, 2016. The telecommunications provider MegaFon now offers its business customers the option of custom-made payment plans, MegaFon Ural’s press service reports. The Business Unlimited scheme means that the company’s business customers can choose their own set of available options and services online: all one has to do is go the company website and select the preferred amount of prepaid call duration (350 to 5,000 minutes a month) and mobile Internet traffic (5 to 40 Gb a month). Companies can also choose the coverage area for every service themselves; calls can be

UrBC, Yekaterinburg, June 9, 2016. The power station at Yurga Machine-Building Plant (a member enterprise of Ural Vagon Zavod Corporation) completed its heating season of 2015/2016, the company press service reports. ‘There were no accidents or breakdowns during this period that could affect the heat supply. Throughout this heating season, the power station provided accurate and full information in response to all the queries Kemerov Region authorities made in writing or over the phone on a daily basis. This was possible due to the careful preparations we made prior to the launch of the

UrBC, Yekaterinburg, June 9, 2016. Ural Vagon Zavod Corporation’s management decided to have its painting and coating facility at Volchansk Mechanical Plant renovated, the company press service reports. Director-General Oleg Sienko agreed on an action plan for the introduction of a new, automated powder coating unit in order to make the plant’s produce, gas cylinders, more competitive. Volchansk Mechanical Plant has been one of Russia’s major gas cylinder manufacturers for many years now; its share of the market currently comes to 61%. On a competitive market, the way a product looks is just

UrBC, Yekaterinburg, June 8, 2016. The time it takes to sell an apartment on Yekaterinburg existing home market rose from four to six months compared with the start of the year, Ural Real Estate Chamber reports. The average asking price currently comes to 68,685 RUR per m2, 2.9% less than on January 1. Prices went down slightly for all kinds of locations, with the decrease most pronounced (0.9% to 1%) downtown and in the city’s remotest, fourth and fifth most expensive districts. A downtown home can be had for 92,864 RUR per m2 on average, while on the outskirts, the asking price now stands