UrBC, Yekaterinburg, March 27, 2017. The overall value of the Ural Bank for Reconstruction & Development’s savings certificates rose by 6.5 times in the course of one year and reached 6.16bn RUR on March 1, 2017; this is the second best result among all Russian banks, the bank’s press service reports. The bank’s customers apparently prefer to have the long-term fixed interest rate option. The overall value of UBRD’s six-month savings certificates went up by 7.5% and that of twelve-month ones by 12%, which reflects the overall national trend: the amount of one- to twelve-month savings

UrBC, Yekaterinburg, March 27, 2017. Ural Vagon Zavod Corporation’s head plant in Nizhniy Tagil is going to hold a business management and strategy contest, the company press service reports. The Best for the Job contest is meant to serve an educational purpose and to be used as a tool to train the company’s talent pool as well as to reveal the plant managers’ professional skills. The plant’s first business management and strategy contest is based on the Global Management Challenge, the world’s largest strategic management championship; the contest is focused on practical strategic planning

UrBC, Yekaterinburg, March 27, 2017. Ural Airlines are now offering their customers an additional flight from Yekaterinburg to Tbilisi, the air carrier’s press service says. Starting from May 5, 2017, flights to Tbilisi will be operated twice a week, every Monday and Friday. Prices start from 8,636 RUR (one way) and 18,935 RUR (round trip), all fees included. ‘A spring break in Tbilisi is bound to leave you greatly impressed. The city’s welcoming sunshine is an invitation to walk along Shota Rustaveli Avenue, take a look at the heart of the city - Narikala Fortress, and visit the National

UrBC, Yekaterinburg, March 27, 2017. R65-DT350 rails made at EVRAZ Holding’s West-Siberian Integrated Metallurgical Works (ZSMK) proved to withstand the overall workload of 1,000,000,000,000 kg at the All-Russian Railway Research Institute (VNIIZhT) test ring railroad, the company press service reports. The trial runs were carried out in compliance with the GOST standard requirements to prove the rails’ reliability. As a matter of fact, based on the Transport Ministry’s rules, the sufficient test-run tonnage for R65-DT350 rails comes to 750,000,000,000 kg, with 85% failure-free performance

UrBC, Yekaterinburg, March 27, 2017. Sinara Group’s Sinara Development, the general contractor for the reconstruction of Yekaterinburg Arena Stadium in time for the World Cup 2018, is now finishing the facades of the building, the company press service reports. The plan is to mount the special perforated panels onto the building’s ready metal structures supporting the stadium’s historic walls. The finishing jobs will touch upon the western and eastern sides of the building, while the northern and southern sides will be left open for the collapsible spectator stands. The grey perforated panels

UrBC, Yekaterinburg, March 24, 2017. Ural Vagon Zavod Corporation’s Director-General Alexander Potapov and Governor of Sverdlovsk Region Evgeny Kuivashev met in Yekaterinburg on March 22 during Potapov’s trip around Sverdlovsk Region. The two officials talked about the corporation and the constituency’s possible cooperation, the company press service reports. The Governor congratulated Potapov on his new appointment and said Sverdlovsk Region Government would be willing to support Ural Vagon Zavod and facilitate its further development. ‘This is a flagship industrial enterprise in the area

UrBC, Yekaterinburg, March 24, 2017. Ural Vagon Zavod Corporation’s Kamensk Uralsky Foundry Plant (KULZ) was founded seventy-five years ago this month and celebrated the occasion, the company press service reports. ‘KULZ celebrated by investing in production upgrades and retooling that touched upon all the production departments and quality control divisions. This is, in fact, an ongoing process. Also, every employee can now see for themselves that we prepared for the special date by investing in urban improvements as well: more trees got planted, the local fountain got re-built, and a

UrBC, Yekaterinburg, March 24, 2017. Chelyabinsk Tube Rolling Plant (ChTPZ) completed the procedures related to the release of their third issue of 001P 03 bonds (overall face value: 5bn RUR), the company press service reports. ‘The new bond issue proved interesting to all investor groups: banks, private individuals, and management and investment companies. This impressive demand resulted in that the designated coupon yield got reconsidered twice (within the 9.70% to 9.90% a year range) and was finally set at 9.70% a year (10.06% by the time the bonds get redeemed, +197 points on the federal

UrBC, Yekaterinburg, March 24, 2017. Up-to-date hose-filter suction units were recently installed at the vanadium slag fine grinding department of EVRAZ Holding’s Nizhniy Tagil Integrated Metallurgical Works (NTMK), EVRAZ Holding Ural’s press office reports. ‘The new equipment ensures zero environmental impact and an improvement in working conditions. 229 Russian filters were installed to avoid any release of production dust into the air. The entire amount of trapped dust (over 40,000 kg a day) — goes back to the production line and is used for making the end product,’ the press office says.

UrBC, Yekaterinburg, March 24, 2017. Russian Copper Company came 6th in the rating of thirty-three Russian companies in terms of environmental impact and 14th in terms of environmental responsibility, the company’s press service refers to the World Wild Life Fund for Nature’s data as indicating. Russian Copper Company Group invested around 8bn RUR in environmental protection projects throughout Russia, with money directed to protection of air, flora and fauna, surface and underground water, and soil, and to waste treatment. ‘As a result, our atmospheric emissions declined by nearly 50% and

UrBC, Magnitogorsk, Chelyabinsk Region, March 23, 2017. Magnitogorsk Iron & Steel Works (MMK) is celebrating its 10th year at London Exchange by holding an Investor’s Day in London on April 26, 2017, the company reports. On this day, MMK Chair of the BOD Viktor Rashnikov and a team of top executives will make a presentation on the company’s development and their corporate strategy for 2017-2025. The event will be held at London Exchange at 10 Paternoster Row, London, EC4M 7LS. The exact time of the presentation is to be announced. There will be a live video broadcast of the event,

UrBC, Magnitogorsk, Chelyabinsk Region, March 23, 2017. Magnitogorsk Iron & Steel Works (MMK) decided to have its CC Machine 6 and heavy-plate Mill 5000 upgraded in order to start making hot-rolled pieces from 350-mm-thick slabs. ‘The upgrades will allow MMK to expand its product range with new, high-margin goods, raise productivity through increased slab mass, and increase the output of hot-rolled pieces meant for mass production,’ MMK says. All the jobs, including modifications and assembly as well as start-up and commissioning, are expected to have been finished by the end of the year.

UrBC, Yekaterinburg, March 23, 2017. A new hopper 20-5197 meant for transportation of pellets and sintered ore was recently developed at Ural Vagon Zavod Corporation’s head plant. The hopper got certified for compliance with the Customs Union’s TRTS 001/2011 technical requirements and will now be manufactured at the head plant’s and Volchansky subsidiary’s departments. According to the corporation’s press service, the 20-5197 hopper was designed by experts from the corporation’s Ural Railcar Building Design Office. The engineers embarked on the project in August 2016, when an order was placed

UrBC, Yekaterinburg, March 23, 2017. ChTPZ Group designed a new variety of pipes with ChT-2C Premium, the airtight threaten joints, the company’s PR Department reports. The new pipe types will be produced at the Group’s Pervouralsk New Pipe Plant’s Finishing Center and delivered to customers starting from the second half of the year. The joints are strong enough to be fit for harsh climatic conditions. ChT-2C can withstand all sorts of impacts related to stretching, compression, and internal and external pressure. The new threaded joint proved reliable in the course of tests carried by the

UrBC, Yekaterinburg, March 23, 2017. Parking lots in Quarters 1, 2, and 5 in Akademicheskiy District are now for sale in Yekaterinburg. The terms and conditions hold through April 30, 2017. ‘Increasingly more locals are choosing this up-to-date, convenient, and safe way of stationing their cars. RSG-Akademicheskoye made it possible to pay for the slot in installments, which makes it less hard on a family budget,’ the seller’s press service says. The new special offer was launched in February: you can now buy a parking slot 14 to 52 m2 big and pay in installments throughout the period of nine

UrBC, Yekaterinburg, March 23, 2017. The average asking price came to 67,350 RUR per m2 on Yekaterinburg existing home market on March 20, 2017. Ural Real Estate Chamber reports the figure went down by 0.5% in the last four weeks and by 1.1% since the start of the year (by 3.3% compared with March 2016). Prices decreased most noticeably for bigger and newer apartments (-0.7% to -0.8%), whereas homes in buildings dating back to the Stalin times can now be had for 57,415 RUR per m2. Prices of apartments in buildings put up in the eighties and the nineties currently declined to 63,677 RUR per

UrBC, Moscow, March 23, 2017. Russians’ factual disposal income declined by 4.1% in February 2017 compared with one year previously, Prime refers to Rosstat’s report as stating. ‘People’s actual disposable incomes declined by 4.1% in February compared with one year earlier, and rose by 1% in January-February 2017 compared with the first two months of 2016,’ the report states. The January increase amounted to 8.1%. The factual disposable income consists in income remaining after all the indispensable payments have been made, with inflation adjustments. Russians’ factual pay (with inflation

UrBC, Yekaterinburg, March 22, 2017. Ural Vagon Zavod Corporation’s head plant in Nizhniy Tagil is currently working to repair one of its main pipelines, the company press service reports. ‘Once the overhaul has been completed successfully, we’ll get reliable natural gas supply onto the plant’s production site as well as unfailing heat and hot water supply from the plant’s power station to apartment buildings, clinics, schools, and kindergartens in Nizhniy Tagil’s Dzerzhinskiy District,’ the press service says. The main pipeline is located on the premises of the corporation’s head plant and

UrBC, Yekaterinburg, March 22, 2017. Ural Vagon Zavod Corporation’s Burevestnik Central Scientific Research Institute received a thank-you letter from Nizhniy Novgorod Government in recognition of the organization’s impressive contribution to the area’s socioeconomic development, the corporation’s press service reports. The letter, signed by Governor of Nizhniy Novgorod Region Valeriy Shantsev, acknowledges the institute’s contribution to Nizhniy Novgorod Region’s socioeconomic development, its successful import substation programs, and upgrades and retooling invested in last year. Last year,

UrBC, Yekaterinburg, March 22, 2017. Ural Vagon Zavod Corporation’s Omsktransmash manufactured a pilot batch of one- and two-blade poles (length: 11 m; diameter: 159 and 325 mm) by order of Gazprom, the company press service reports. The poles are meant to be used for the construction of the Power of Siberia Pipeline and are suitable for extremely low outside temperatures. ‘The produce underwent acceptance and qualification tests at the plant, have been handed over to the customer’s Quality Control Department, and will soon be shipped to Siberia. The poles are made from highly durable alloyed