UrBC, Yekaterinburg, April 18, 2017. Ural Vagon Zavod Corporation’s Omsktransmash manufactured and launched a recirculating water supply/cooling unit for its hot-forming line, the company press service reports. The new unit is meant to prevent overheating of the caterpillar track-making line. The unit consists of a 4-m3 tank, a heat transfer plant, and a number of booster pumps to ensure water recirculation. The plant used to rely on regular tap water for the purpose in the past, which resulted in great financial expenditure and energy costs. ‘According to the plant’s experts, a new unit like

UrBC, Yekaterinburg, April 18, 2017. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise (KGOK) recently supplied some pellets to Slovakia, EVRAZ Holding Ural’s Corporate Relations Center reports. The order was placed by the country’s largest metallurgical enterprise U. S. Steel Košice. The shipment amounted to 10,000,000 kg of pellets. ‘The pellets meet the chemical composition and physical property requirements set out by the customer. The iron content comes to over 60%, and its great strength and homogeneity parameters ensure good quality metal output. KGOK pellets got tested

UrBC, Yekaterinburg, April 18, 2017. Rosset’s Federal Grid Company United Energy Systems enforced stricter control and surveillance measures for its Urals-based electric mains and substations because of the likely floods, the company press service reports. Should this prove necessary, the company team is fully ready to react to possible emergencies in Sverdlovsk, Chelyabinsk, Kirov, Orenburg, and Kurgan Regions as well as in Perm Territory and Udmurtia. There are over 17m people living in the area altogether. The company engineers are currently busy inspecting the main sections that are most

UrBC, Yekaterinburg, April 18, 2017. Ural Vagon Zavod Corporation’s Director-General Alexander Potapov met with the head plant’s employees, the company press service reports. The meeting was held with the plant’s trade union committee, with the DG focusing on the current business situation and holding a Q&A session for the committee members. ‘We are currently in a moderately stable state. The corporation was founded ten years ago this year, and has grown to be a key business both in Russia and abroad. We are proud to work here and proud of the goods we make. We do face some difficulties,

UrBC, Yekaterinburg, April 18, 2017. ChTPZ Group is going to present its White Well Project at Neftegaz 2017, a major oil and gas exhibition. The project is currently unique to Russia, the Group’s Communications Department reports. ‘The White Well Project involves the Group’s pipe-manufacturing and O&G sector-servicing divisions and touches upon selection, production, and delivery of submersible equipment and further after-sale services. Our White Well equipment sets have been tested successfully and are now being used by Russia and the CIS member states’ largest oil and gas companies.

UrBC, Yekaterinburg, April 18, 2017. EVRAZ Holding’s member enterprises are holding their fourth annual Safety Week on the eve of World Work Safety Day, the company press service reports. This year, special events will get hosted by the company production sites to draw attention to transport and gas safety issues. Besides, both EVRAZ workers and local residents will get training in environmental awareness, the benefits of a healthier lifestyle, and household safety rules. Safety Week will also feature work meetings on how to ensure safety in gas-containing locales, on transport safety, and on

UrBC, Yekaterinburg, April 18, 2017. The Ural Bank for Reconstruction & Development (UBRD) is now offering reduced mortgage interest rates starting from 10.8% a year, the bank’s press service reports. ‘The decision has been brought about by the current market situation. We’ll deal with this on a case-by-case basis, with the actual interest rate depending on the type of mortgage, the borrower category, and the size of the down payment,’ says UBRD Mortgage Director Lyubov Toropitsina. Toropitsina says the bank is designing its own mortgage schemes without any outsources’ help, so the UBRD

UrBC, Yekaterinburg, April 18, 2017. Moody‘s Investors Service upgraded Metcombank’s ratings, the bank’s press service reports. The bank’s long-term local currency and foreign currency deposit rating rose from B2 to B3, with the rating outlook adjusted from Positive to Stable; its adjusted credit rating went up from b2 to b3, and its long-term counterparty risk assessment changed from B1(cr) to B2(cr). Metcombank’s short-term local currency and foreign currency deposit ratings have remained the same (at Not Prime), as has its short-term counterparty risk assessment (Not Prime), with rating

UrBC, Yekaterinburg, April 18, 2017. Ural Airlines are now offering their customers direct flights to the Black Sea, the air carrier’s press service reports. For one, direct flights from Samara to Sochi, Anapa, and Simferopol are available already. ‘The Russian South has plenty of holiday-making options to offer and is well-known for its seaside, the sun, its dolmen stones and antique ruins, its horse-riding tours, off-road jeep adventures, health resorts, and much else besides,’ the press service says. Ticket prices for Samara-Simferopol flight start from 7,300 RUR (from 8,300 RUR in July

UrBC, Magnitogorsk, Chelyabinsk Region, April 18, 2017. Russia’s General Board of State Expert Review completed its processing of Magnitogorsk Iron & Steel Works (MMK) project on the construction of a new sintering plant. Having looked into the application provided, the experts ruled the engineering survey results and project documentation bot meet the existing technical requirements and other norms and approved of the project, Magnitogorski Metall reports. MMK intends to put up a department for raw stuffs storage and treatment, a sintering department, a furnace gas desulphurization

UrBC, Yekaterinburg, April 17, 2017. ChTPZ Group and Pervouralsk Polytechnic School signed an agreement on implementing educational projects together during the 1st Research-to-Practice Dual Education Conference, the Group’s press service reports. The paper was signed by ChTPZ Group’s Director-General Alexander Grubman and the school’s Director Elena Marchenkova. Under the terms of this agreement, Pervouralsk Polytechnic School is now part of the Group’s Future of White Metallurgy corporate training program, a dual education project the Group has been running since 2011. Students on the

UrBC, Yekaterinburg, April 17, 2017. Ural Vagon Zavod Corporation is taking part in the 22nd International TransRussia 2017 Exhibition in Moscow on April 18-20, the company press service reports. The holding intends to present its new-generation cryogenic tank/cistern railcar that is currently unique to Russia. KTsM 40/0.7 was designed by the corporation’s member enterprise Uralcryomash for transportation and storage of liquefied natural gas and liquid ethylene. Uralcryomash is a well-established cryogenic equipment manufacturer that has contributed to space exploration programs. KTsM 40/0.7

UrBC, Yekaterinburg, April 17, 2017. Russian Copper Company Chair of the Board of Directors Igor Altushkin is now a member of M.I. Glinka Chelyabinsk State Academic Opera & Ballet House’s board of trustees, the company press service reports. The board’s first meeting took place on April 13, the Patron of the Arts Day. The trustees talked about how the design of the theater workshop/stage props and backdrops storage facility was proceeding and about the necessary capital repair. They could also see a presentation on Dream Kaleidoscope, a family musical featuring Chelyabinsk Region’s most

UrBC, Moscow, April 17, 2017. The Ural Bank for Reconstruction & Development (UBRD) paid its eighth coupon yield on BO 5 Series bonds on April 14; the bond investors received 179.51m RUR in coupon yield altogether, the bank’s press service reports. The interest rate comes to 12% a year, which amounts to 59.84 RUR per share with face value of 1,000 RUR. The next coupon yield repayment has been scheduled for October 2017. The bank went through with its two-million BO 5 Series bond issue (total face value: 2bn RUR) in April 2013. In September 2014, the UBRD also had an additional bond issue

UrBC, Yekaterinburg, April 17, 2017. The amount of Internet traffic processed at Sverdlovsk Region-based shopping malls doubled this year, while the number of smartphones used there went up by 20%, the telecommunications provider MegaFon’s press service reports. Smartphones are now a customer’s best shopping helper. According to Nielsen analysts, Russian shoppers tend to rely on their smartphones to collect product information: 53% visit more than one website to find the best price offer, and 52% resort to social network discussions to make a decision. Quite a few do a price match online

UrBC, Yekaterinburg, April 14, 2017. New homes will be put up for sale in Yekaterinburg’s Akademicheskiy District’s Preobrazhensky Quarter in late April or early May 2017, RSG-Akademicheskoye’s Deputy Director Filipp Tretyakov says. ‘Ready-to-move-in homes have always been and remain our priority. This year, around 10% to 15% of new apartments were funded within the participatory share lending schemes; if this offer enjoys demand, the figure is likely to go up to 30%,’ he explains. Apartments on offer through participatory share lending contracts are now available in Preobrazhensky Quarter,

UrBC, Yekaterinburg, April 14, 2017. Ural Airlines are offering free tickets for domestic flights to the Great Patriotic War veterans on the eve of Victory Day, the air carrier’s press service reports. Starting from April 17, 2017, fully funded economy class tickets are available to war veterans; people accompanying them on their flight can get theirs at a 90% discount. Flights will be operated from Moscow to Barnaul, Chelyabinsk, Chita, Irkutsk, Kaliningrad, Mineralnye Vody, Novisbirsk, Omsk, Rostov-on-Don, Saint Petersburg, Simferopol, Sochi, Tomsk, Ulan Ude, Ufa, and Yekaterinburg on May

UrBC, Yekaterinburg, April 14, 2017. ChTPZ Group shareholder Andrei Komarov signed an agreement to finance a children’s musical school at Chelyabinsk Opera House this year, the company’s PR Department reports. On April 12, the agreement was signed in M.I. Glinka Chelyabinsk Academic Opera & Ballet Theater during Governor of Sverdlovsk Region Boris Dubrovsky’s meeting with the theater’s board of trustees (where the Group’s shareholders Andrei Komarov and Alexander Fedorov are members). During the meeting, a presentation was made of Dream Kaleidoscope, a family musical featuring the

UrBC, Yekaterinburg, April 14, 2017. Ural Airlines are to operate a special flight to bring the Holy Fire from Jerusalem to the Urals, the air carrier’s press service says. A large delegation from Yekaterinburg Diocese is heading for the Holy Land to take part in the Holy Fire ceremony. Their trip was funded by Russian Copper Company,’ the press service says. The delegation comprises local parish goers, benefactors, and a quite a few teachers and heads of educational establishments. While in the Holy Land, they will go on guided tours of major Jerusalem pilgrimage destinations and will get to

UrBC, Yekaterinburg, April 14, 2017. Rosset’s Federal Grid Company United Energy Systems will direct 1.1bn RUR to repairing grids in the Greater Urals this year, the company press service reports. Most of the funds will be spent on repairing electric mains: 7,400 insulators are to get replaced, over 1,400 supporting beams will have to be repaired, and 432 km of ground wires are to be assembled. Also, it will be necessary to pull down around a thousand trees that might obstruct the mains and clear 5,700 hectares of main lines. Additionally, substations commutation equipment needs to be