03 May 201810:09

MMK Directs RUR 680m to Job Safety in 2017

UrBC, Magnitogorsk, May 3, 2018. Magnitogorsk Iron & Steel Works (MMK) directed RUR 679.7m RUR to job safety last year, the company press service reports. A look into the list of job safety events the plant coordinated last year reveals that all the measures were taken in full accordance with the current national legislation, normative acts, MMK’s local regulations, and the plant’s collective agreement. The plant’s industrial and job safety management system got certified for compliance with the international standard OHSAS 18001:2007 at the time. The re-certification procedure took place
03 May 201810:09

Akademicheskiy Needs Contractor for Apartment Buildings, Parking Lot

UrBC, Yekaterinburg, May 3, 2018. RSG-Akademicheskoye, the developer operating in Yekaterinburg’s District Akademicheskiy, is coordinating a tender to select a contractor for two apartment buildings and an underground parking lot in Quarter 9, the developer’s press service reports. The tender is for a general contractor agreement to put up the above-the-ground part of Buildings 9.4.1 and 9.4.2 and to complete the under-the-ground part of the buildings and to build the underground parking lot 9.4.01/9.4 in Quarter 9 in District Akademicheskiy, Yekaterinburg. The contractor will also be in
03 May 201810:09

Ural Airlines Offer Reduced-Price Tel Aviv Flights

UrBC, Yekaterinburg, May 3, 2018. Ural Airlines are offering their customers a springtime discount on their Samara-Tel Aviv flights, the air carrier’s press service reports. A 7% discount is offered if you book your flight between April 28 and May 20, 2018; the flights themselves will be operated between April 28 and June 30, 2018. The tickets are already on offer. ‘Tel Aviv, the city that never sleeps, is one the best club capitals of the world. Israel enjoys great weather almost all the year round, so you can go to a beach, do some sightseeing, shop at farmers’ markets, and go to clubs,
03 May 201810:08

ChelPipe to Pay RUR 5.5bn in Dividends

UrBC, Yekaterinburg, May 3, 2018. Shareholders of Chelyabinsk Pipe Rolling Plant (ChelPipe) voted in the course of the annual general meeting in favor of paying RUR 11.56 per share in last year’s dividends, the company reports. RUR 5.46bn will get directed to dividend payments all in all. This is ChelPipe’s entire net profit for the year 2017 (calculated in accordance with the Russian Accounting Standards), as well as a portion of previous years’ net profits. The shareholders also elected a new Board of Directors: Alexander Fedorov, Boris Kovalenkov, Andrei Komarov, Oleg Kustikov, Dina
03 May 201810:08

UBRD Director Wins IT Leader 2018 Award

UrBC, Yekaterinburg, May 3, 2018. Director of the Ural Bank for Reconstruction & Development (UBRD) E-Business Department Vadim Belopolsky won bronze in the IT Leader 2018 Award challenge, the bank’s press service reports. IT Leader Award was established in 2002 in order to keep the professional community in the know of all the changes taking place in the new digital era and of the most successful IT projects. Some three hundred managers and IT directors working for both Russian and international companies compete for the award every year. The winners get chosen based on the innovative
28 April 201813:19

EVRAZ NTMK Holds Skills Contest

UrBC, Yekaterinburg, April 28, 2018. EVRAZ Holding Nizhniy Tagil Integrated Metallurgical Works (NTMK) recently held a series of professional skills contests. Over two hundred employees competed for Best Young Worker Award, the company press service says. The contests were coordinated among repair technicians, crane operators, truck drivers, turners, assistant locomotive drivers, and rollers. Also, a contest was held among steel-smelting operators for the first time this year. The contestants had to deal with a series of tests first and do a practical task next. For one, rollers had to
28 April 201813:19

ChelPipe’s Future Employees to Serve Army Term in Gorny Shchit

UrBC, Yekaterinburg, April 28, 2018. Alumni of ChelPipe Group’s Future of White-Coated Metallurgy Corporate Training Program took part in the reservist training at the regiment in Gorny Shchit, Sverdlovsk Region, the company press service reports. They did some line training and physical drills and learned the basics of operating weapons and using individual protective gear. ‘Our alumni and students serving their army terms near to where they live helps them keep in touch with their home town and the company they worked at as interns. As a result, one hundred percent of our training program’s
28 April 201813:18

MMK Among Urals, Siberia’s Top 3 Exporters

UrBC, Magnitogorsk, April 28, 2018. MMK Group came third in Ural Exporter 100, the annual rating of the Urals and Siberia’s largest exporters carried by Expert Analytical Center, MMK Information, PR & Advertising Department reports. The rating presents the exporters operating in the Urals and Western Siberia in the second half of 2017. There are one hundred major companies features in the rating, as well as top fifty subsidiaries of nationwide businesses. MMK Group, whose exports amounted to over USD 1.8bn last year, came third in the Ural Exporter 100 rating, which is the best position
28 April 201813:18

Yekaterinburg Customs Transfer RUR 7bn to Russia’s Budget

UrBC, Yekaterinburg, April 28, 2018. Yekaterinburg Customs made RUR 7bn in federal budget payments in the first quarter of the year, which exceeded the figures for one year earlier by 1.6 times. ‘1,234 foreign economic activity agents were involved in export/import transactions in January-March 2018, compared with 1,079 agents in the first quarter of 2017. The agents submitted 20,500 cargo manifests (compared with 17,600 one year earlier), including 7,500 import ones and 13,000 export ones,’ the Customs report. All kinds of trading turnover indicators grew against one year earlier: the
28 April 201813:18

Sverdlovsk Region: Finance Companies, Insurers Pay 6.1% Less in Taxes

UrBC, Yekaterinburg, April 28, 2018. Sverdlovsk Region-based businesses paid RUR 69.6bn in taxes to the federal budget in the first quarter of 2018, which was RUR 10bn, or 16.7%, more than one year previously, the local division of Russia’s Federal Tax Service reports. The business in question are in the processing industry, wholesale and retail trade sector, transportation and storage industry, finance and insurance, real estate, science and technology, and the sector for the production and distribution of electric power, natural gas, and steam. The increase in tax payments proved most
27 April 201815:08

UBRD to Raise Acquiring Fees 25%

UrBC, Yekaterinburg, April 27, 2018. According to the Central Bank, the number of credit/debit card transactions rose by nearly 30% in Russia last year alone, with the overall transaction amount at RUR 41.8 trillion. The banking market experts are positive the growing POS terminal infrastructure is one key factor in this. URBD analysts agree: the bank’s statistical data indicate that the number of their acquiring terminals rose by 21% in the course of one year. It is preliminarily estimated that the overall number will increase by another 25% by the end of this year. According to the Ural
27 April 201815:08

Ural Airlines: Discounts on Yekaterinburg-Moscow Flights

UrBC, Yekaterinburg, April 27, 2018. Ural Airlines are offering their customers reduced-price tickets for Yekaterinburg-Moscow-Yekaterinburg flights, the air carrier’s press service reports. ‘Special prices apply on April 25-June 10, 2018, for flights to be operated between May 1 and June 10, 2018; all fees included; price quotations are for round trips,’ the press service says. You can now book your Yekaterinburg-Moscow (Sheremetyevo)-Yekaterinburg flight for as little as RUR 5,000 and your Yekaterinburg-Moscow (Domodedovo)-Yekaterinburg one for RUR 6,000. ‘The airline started operating
27 April 201815:07

Yekaterinburg: Price of Ready Business Up 19%

UrBC, Yekaterinburg, April 27, 2018. The asking price of a Yekaterinburg-based business ready for sale came to RUR 3.729m on average on avito.ru in January-March 2018; this is 12% less than in the previous quarter yet 19% more than one year previously. ‘In terms of price of ready businesses advertised through Avito, Yekaterinburg comes sixth among the locations with populations over one million people. The average asking price is 9% above the country’s average (RUR 3.429) and 19% below the country’s top asking price (RUR 4.634m in Rostov-on-Don),’ the company press service reports.
27 April 201815:07

Sverdlovsk Region: Number of New Credit Cards Doubles

UrBC, Yekaterinburg, April 27, 2018. Sverdlovsk Region came fifth in the rating of forty Russian constituencies in terms of the number of newly issued credit cards, the National Credit History Bureau reports. Sverdlovsk Region’s number of newly issued credit cards came to 61,784 in the first quarter of the year, which is 81.8% more than one year previously (33,900 cards). In Russia on the whole, the increase was most pronounced in Orenburg Region (+126.2%), Tula Region (+115.6%), Bashkortostan (+112.7%), Saratov Region (+110.3%), Volgograd Region (+99.6%), and Yaroslavl Region (+97.4%). As
27 April 201815:07

Russia: Number of Problem Government Purchases Doubles

UrBC, Moscow, April 27, 2018. Russian Audit Chamber detected 2,178 problems related to Federal Act 44 FZ government purchase procedures last year, the chamber’s press service reports. These inaccuracies amounted to RUR 104.6bn all in all, compared with 823 cases amounting to RUR 48.8bn one year earlier. ‘The increase in the number of problems and violations has to do with our completion of a methodology base for auditing government purchases, with more inspections and checks carried out in 2017, with more organizations checked in 2017 than in 2016, and with a greater degree of information
26 April 201813:34

EVRAZ Holds Safety Week

UrBC, Yekaterinburg, April 26, 2018. EVRAZ Holding is coordinating its fifth annual Safety Week at the company’s Ural and Siberian enterprises on April 16-22, 2018, EVRAZ Holding Siberia’s Corporate Relations Center reports. EVRAZ Holding Ural’s and EVRAZ Holding Siberia’s job and industrial safety champions received thank-you letters from the company president Alexander Frolov in recognition of their contribution to the company’s safety culture growth. EVRAZ West-Siberian Integrated Metallurgical Works and Raspadskaya Coal Company coordinated a special I Choose Safety event, where employees
26 April 201813:33

MMK Holds Best Social Partnership Contest

UrBC, Magnitogorsk, April 26, 2018. Magnitogorsk Iron & Steel Works (MMK) is going to host a constituency-level Best Job Safety Social Partnership Project Contest, MMK Information, PR & Advertising Department reports. Among the contestants are teams from Chelyabinsk Region’s ore mining and metallurgical enterprises and organizations that have a trade union that is a member of Russia’s Mining & Metallurgical Trade Union Association. There must be a job safety expert and a trade union representative for job safety on the team. There will be four rounds to this contest:
26 April 201813:33

UBRD: Mortgage Rate Down to 8.9%

UrBC, Yekaterinburg, April 26, 2018. The Ural Bank for Reconstruction & Development and its partner developers came up with a special offer for new and existing homes: a mortgage at 8.9% a year; the offer holds through the end of the year, the bank’s press service reports. ‘Declining interest rates are expected to boost home-buying with borrowed funds. According to Dom.rf, the average annual interest rate on a mortgage for new and existing homes came to 9.58% and 9.83%, respectively, in the first quarter of the year (compared with 11.61% and 12.11% a year earlier). Thanks to its expansive
26 April 201813:32

Design Documentation Ready for New Medical Cluster in Yekaterinburg

UrBC, Yekaterinburg, April 26, 2018. The design documentation has been prepared for a set of medical facilities and Ural State Medical University campus in Yekaterinburg’s District Akademicheskiy; the documents have been worked on by the local developer RSG-Akademicheskoye (KORTROS) in cooperation with the university experts. ‘The concept is to ensure the ongoing unity of education, medical treatment, and scientific research. The campus will comprise teaching/training blocks, USMU E-University facility, a simulation/accreditation center, a research block, a diagnostics center, a university
26 April 201813:32

MegaFon Gets Ready for May Break

UrBC, Yekaterinburg, April 26, 2018. MegaFon’s engineers took steps to improve the mobile and Internet connection quality in Yekaterinburg’s key traffic hubs based on the locals’ travel preferences, the telecommunications provider’s press service says. ‘Krasnodar Territory, Turkey, and one’s own dacha are going to be the three top May break destinations for Russians in the coming month, Rambler researchers’ findings and the Association of Tour Operators’ data indicate. Given the locals’ expected travel choices, MegaFon improved connection quality through telecom upgrades at key Yekaterinburg