UrBC, Yekaterinburg, October 24, 2017. EVRAZ Holding’s West Siberian Integrated Metallurgical Works (ZSMK) now makes B500B fittings (diameter: 12 mm to 40 mm) for customers in Poland and the Netherlands, EVRAZ Holding Siberia’s press office reports. The fittings with the all-purpose strength grade 500 MPA enjoys good demand on the European rolled goods market. ‘We carried out a number of all-round tests and trials to check the fittings’ operational parameters. The produce got tested by the two certification bodies Zetom (Poland) and KIWA (the Netherlands). The fittings proved highly efficient

UrBC, Yekaterinburg, October 24, 2017. A used car cost RUR 487,000 RUR on average on Sverdlovsk Region’s car market in the third quarter of the year. This is 8% less than one year earlier and 16% less than the country’s average (RUR 577,000), avto.ru reports. Used cars grew a bit older, from 9 years and 5 months to 10 years and 5 months on average. In the country on the whole, used cars for sale are now 10 years and 2 months old on average. Lada makes are still No.1 in terms of both demand and supply (19.1% of all cars customers look for and 21.6% of all cars for sale). In the country on the

UrBC, Yekaterinburg, October 23, 2017. The telecommunications provider MegaFon is now opening a new, digital economy world to its government-run customers, the company press service reports. MegaFon launched a new Government-Run Business & Special Projects Development Department. Evgeny Ivanov is now head of the Department for MegaFon Ural. He will be in charge of developing and introducing MegaFon’s integrated services at government-run organizations and businesses in today’s digital world. ‘These are the government structures that act as trend-setters on the digital technologies market,

UrBC, Yekaterinburg, October 23, 2017. Pipe Metallurgical Company (TMK) is going to supply 18,400,000 kg of casing pipes with TMK UP premium threaded joints to LUKOIL’s daughter companies, TMK press service reports. ‘Under the terms of a recent tender, TMK is to deliver 12,000,000 kg of pipes to LUKOIL Western Siberia and 6,400,000 kg to LUKOIL Komi. These are casing pipes with the diameter of 114 to 339 mm and TMK UP PF, ТМК UP PF ET, TMK UP FMC, TMK UP GF, and TMK UP Centum premium threaded joints. Some of the joints are made from unique corrosion-resistant chrome/nickel alloy TMK C and

UrBC, Yekaterinburg, October 23, 2017. Ural Airlines are now offering their customers a weekly scheduled flight to Switzerland from Moscow Region’s Zhukovsky International Airport, the air carrier’s press service reports. Zhukovsky-Geneva-Zhukovsky flight will be operated every Friday between December 29, 2017 and March 23, 2018. Prices start from €100 (one way) and from €220 (round trip), all fees and luggage included. The tickets are already available for purchase. ‘Ski resorts in the Swiss Alps, chocolate or cheese fondue, the large hadron collider, and the super-precise Swiss watches are

UrBC, Yekaterinburg, October 23, 2017. Aide to the President of Russian Federation Igor Levitin paid a visit to Yekaterinburg-Arena’s construction site; the stadium is being reconstructed by Sinara Development in time for the World Cup 2018, Sinara Group’s press service reports. The Group’s Director-General Mikhail Khodorovsky told the official about the reconstruction process. ‘The most labor-intensive and technologically challenging stages of the project have by now been completed; we are currently finishing the interior of the rooms under the spectator stands, cleaning up the surrounding

UrBC, Yekaterinburg, October 23, 2017. The Ural Bank for Reconstruction & Development (UBRD) now offers its customers private retirement plans, the bank’s press service reports. According to the Federal State Statistics Service, the average state pension amounted to RUR 12,391 a month on average, which is several times below the average monthly pay. There are currently a number of investment options on the market that allow for a long-term profit. A personal retirement plan is one of them. The idea is to make monthly payments that will be both protected against inflation and bring you

UrBC, Yekaterinburg, October 20, 2017. The 3d Urals’ Steel Cup Men’s Volleyball Championship closed in Nizhniy Tagil yesterday. The championship was set up in the memory of Ivan Romazan, a well-known metallurgical engineer, EVRAZ Holding Ural’s PR Department reports. ‘In the final round of the championship, EVRAZ Nizhniy Tagil Integrated Metallurgical Works (NTMK) team played against Chelyabinsk Integrated Metallurgical Works’ Mechel. NTMK’s team won 3:1. EVRAZ Holding’s Uralvagonzavod’s team also won the fourth prize,’ the Department says. EVRAZ NTMK’s team comprises workers from the plant’s

UrBC, Yekaterinburg, October 20, 2017. The Ural Bank for Reconstruction & Development (UBRD) bought back 25,024 BO 05 Series bonds (SIN RU000A0JTVE3) at 100% of their face value on October 18, 2017, the bank’s press service reports. The bond owners were also paid all the accumulated coupon yield. The bank currently owns over 99% of the bond issue. The bonds buy-out was part of the bank’s liabilities spending optimization program. According to UBRD Financial Markets Director Vladimir Zotov, bonds grew too expensive once the Central Bank adopted a policy of gradually brining its key rate

UrBC, Mangitogorsk, October 20, 2017. Magnitogorsk Iron & Steel Works (MMK) Culture Palace will host an interregional conference on working conditions on October 19-20, 2017, MMK Information, PR & Advertising Department reports. The event is coordinated by Chelyabinsk Region Government, Chelyabinsk Region Trade Union Federation, Ural Federal District’s Trade Union Association, Chelyabinsk Region division of the Union of Industrialists and Entrepreneurs, and MMK. Representatives of local authorities responsible for compliance with the labor safety requirements will present their

UrBC, Yekaterinburg, October 20, 2017. The average price of a used car is now 9% higher on Yekaterinburg car market than one year earlier and can be had for 533,000 RUR, Avito’s research findings indicate. AvtoVAZ makes are still among the bestsellers, and the most popular items tend to be over seven years old. ‘In the third quarter of the year, Yekaterinburg-based customers were mostly interested in automobiles that were produced more than seven years ago (price: 333,000 RUR on average; share of online search queries: 67%). Around 14% of Avito users based in Yekaterinburg wanted to get a car

UrBC, Yekaterinburg, October 19, 2017. The Ural Bank for Reconstruction & Development (UBRD) keeps expanding its mortgage lending offers and has recently reduced the interest rate on its mortgage down to 9.3% a year (in case you buy a new home), the bank’s press service reports. The offer holds for new homes offered by a number of developers in Yekaterinburg, Chelyabinsk, Ufa, and Perm. The UBRD does business with major housing developers such as Forum Group, Premier, StroyPanelKomplekt, SK Legion, YuU KZhSI, Gosstroy, and others. The bank cooperates with thirty partners to offer

UrBC, Chelyabinsk, October 19, 2017. Rosatom’s Chelyabinsk Region-based enterprise Mayak reports their radioactive and Ruthenium 106 emissions currently stay at under 0.5% of the maximum permissible discharge limits. Radioactive emissions reached less than 3% of the maximum permissible discharge limit throughout the year 2017 altogether, the company press service reports. ‘The radiochemical plant keeps working on the federal nuclear and radiation safety program for 2016-2020 and 2020-2030; this means we have been reprocessing spent nuclear fuel from Leningrad Nuclear Power Station’s RBMK

UrBC, Magnitogorsk, October 19, 2017. Magnitogorsk Iron & Steel Works (MMK) and Skolkovo Foundation agreed to set up MMK Research Center on the latter’s site, MMK’s Information, PR & Advertising Department reports. The agreement was signed by MMK Director-General Pavel Shilyayev and Skolkovo’s President Viktor Vekselberg. MMK intends to invest RUR 30m in the project in the next three years. The Research Center is meant to help implement a number of innovative projects on the plant’s primary production site, with the future economic output estimated at over RUR 100m. ‘Relying on

UrBC, Yekaterinburg, October 19, 2017. The telecommunications provider MegaFon expanded its 4G network coverage for the extra 4.7m users in the Urals, the company press service reports. 4G services are now available in 396 cities and towns all in all, which amounts to 83% of the Greater Urals. MegaFon’s overall LTE traffic has gone up by 65% since the start of the year. The company analysts found out their most active users are based in Udmurtia, Kirov Region, and Yamalo-Nenetsky Autonomous Region, where per capita traffic figures are at their largest. Sverdlovsk Region-based subscribers

UrBC, Magnitogorsk, October 19, 2017. Magnitogorsk Iron & Steel Works (MMK) is taking part in the International WorldBuild Baku 2017 Exhibition in Azerbaijan, MMK Information, PR & Advertising Department reports. ‘Azerbaijan has always been one of MMK’s key customers located within the CIS. Last year, the plant supplied over 150,000,000 kg of metal goods to the country. MMK’s exhibition stand features a wide range of produce on offer, mostly the kind suitable for construction purposes such as section iron, hot- and cold-rolled steel sheets, zinc-coated rolled goods, rolled products

UrBC, Yekaterinburg, October 18, 2017. ChTPZ Group joined the Ural High-Speed Link Project (USM), an investment project aimed at the construction of a high-speed railway line connecting Yekaterinburg and Chelyabinsk, the company press service reports. ChTPZ Group contributed RUR 50m to the partnership’s authorized capital. Chelyabinsk Region and Sverdlovsk Region Governments are also among the project’s co-founders. ‘The Group often takes part in projects that can improve the socioeconomic climate in the areas where the company runs its member enterprises. I’m positive that USM, a large-scale

UrBC, Yekaterinburg, October 18, 2017. Over two hundred participants of the 19th World Youth & Student Festival went on a tour of Pervouralsk New Pipe Plant (PNTZ) Finishing Center, where oil country tubular goods are made, and the plant’s Training Center. PNTZ is part of ChTPZ Group, the company press service reports. These tours of the Group’s production and education facilities for students and volunteers from more than seventy different countries are part of the festival’s local agenda. ‘Every year, both Russian scientists and celebrities and foreign delegations come to the Group’s

UrBC, Yekaterinburg, October 18, 2017. Nikolay Denisov’s team from EVRAZ Holding’s Mezhegeyugol Mine’s Section 2 did 1,070 meters worth of excavation jobs in 27 days. This production record was made possible due to improvement in production organization, the holding’s press service reports. ‘Nikolay Denisov’s performance is the best among EVRAZ mining companies at the moment. I hope their output figures will serve as a benchmark for the best-performing mining teams in Novokuznetsk and Mezhdurechensk,’ says EVRAZ Vice President and head of the company’s mining division Sergey Stepanov. Miners

UrBC, Yekaterinburg, October 18, 2017. Sverdlovsk Region’s industrial production index rose by 4.9% in January-September 2017 against January-September 2016, Sverdlovskstat reports. The processing industries’ IPI rose by 5.6%, that of the companies involved in production and distribution of electric power, natural gas, and steam rose by 10.4%, and that of fossil-extracting companies declined by 13.2%. As for the month of September, Sverdlovsk Region’s industrial production index declined by 5.3% compared with August 2017 and rose by 8.4% compared with July 2016.