UrBC, Yekaterinburg, July 12, 2017. A presentation on the city’s new zoo was made on the first day of Innoprom 2017 International Industrial Exhibition in Yekaterinburg; the first section of the zoo is expected to get commissioned in time for the city’s 300th anniversary, Sinara Group’s press service reports. Deputy Mayor of Yekaterinburg Sergey Tushin and Sinara Development’s Commercial Director Alexei Smirnov spoke about the concept and key features of the prospective Zoo Park. The new zoo will be located in the southwest of Yekaterinburg, in Novokoltsovsky District, and will be nearly 35

UrBC, Yekaterinburg, July 12, 2017. The average monthly rent of studio apartments in Yekaterinburg amounted to 14,834 RUR in the first half of 2017, which was 6.4% below the figures for one year previously, Mir Kvartir’s research findings indicate. At the same time, the rental price of a one-bedroom apartment rose by 6.6%, up to 22,516 RUR, a month, while that of a two-bedroom home went up by 3.3% (up to 36,119 RUR a month).

UrBC, Yekaterinburg, July 11, 2017. A trilateral agreement was signed by EVRAZ NTMK, Nippon Steel, and Mashprom at the Innoprom 2017 International Industrial Exhibition, EVRAZ Holding’s press service reports. The agreement sets out the ways the parties will work together to develop coke production departments at the holding’s Nizhniy Tagil Integrated Metallurgical Works (EVRAZ NTMK). The document was signed by EVRAZ Nizhniy Tagil Integrated Metallurgical Works’ and EVRAZ Kachkanar Ore Mining & Processing Enterprise’s Managing Director Alexei Kushnarev, Mashprom’s Managing Director

UrBC, Yekaterinburg, July 11, 2017. The Ural Bank for Reconstruction & Development (UBRD) keeps expanding the range of non-financial services it can offer its customers and is launching the tax form-filing service starting July 1. This is something the bank does in cooperation with NDFLKA, the bank’s press service reports. Under the current legal requirements, if you buy an apartment (including through mortgage schemes), a land allotment, pay out of pocket for medical or educational services, buy insurance policies, and set up investment accounts, you can get up to 650,000 RUR worth of

UrBC, Chelyabinsk, July 11, 2017. Magnitogorsk Iron & Steel Works (MMK) is taking part in the 8th Innoprom 2017 International Industrial Exhibition in Yekaterinburg, the plant’s PR & Advertising Department reports. ‘Smart Production. Global Approach was chosen as this year’s key theme. MMK intends to present its industrial developments and successful innovative projects at the exhibition. MMK’s exposition, part of Chelyabinsk Region’s overall stand, displays the highly durable and wear-resistant MAGSTRONG steels. These steels are fully comparable with their foreign counterparts. Their

UrBC, Yekaterinburg, July 11, 2017. Ural Airlines’ representatives Deputy Commercial Director for Sales Elena Mozhavina and Head of Development & International Cooperation Department Marianna Gapagura met with Israel’s Tourism Minister Yariv Levin and Director of the ministry’s Overseas Department Pini Shani, the air carrier’s press service reports. Their talks were dedicated to tourist cooperation between Russia and Israel. Flights to Tel Aviv’s David Ben Gurion Airport and Eilat’s Ovda Airport in the south of Israel were the key topic for discussion. ‘Israel’s Tourism Ministry makes

UrBC, Yekaterinburg, July 11, 2017. Russian President Vladimir Putin took part in the opening ceremony of the 8th Innoprom 2017 International Industrial Exhibition during his visit to Yekaterinburg on July 9, Governor of Sverdlovsk Region’s Information Policy Department reports. According to Vladimir Putin, the Innoprom experience will be very helpful in coordinating the upcoming World Expo in case Yekaterinburg gets chosen as the host city for the event. The President said he hoped the exhibition and forum would prove fruitful for all the exponents and participants and that the program’s

UrBC, Chelyabinsk, July 10, 2017. Russian Copper Company’s Aleksandrinskaya Ore Mining Company based in Nagaibaksky District, Chelyabinsk Region, is now working to upgrade its processing plant and replace the old vacuum ceramic filter with a new-generation hydraulic press, the company press service reports. The new filter will reduce moisture content in the copper and zinc concentrate considerably, bringing it down from the current 12% to as little as 8%. The equipment is scheduled for delivery and assembly in the last quarter of the year. The entire upgrades will cost 45m RUR to go through

UrBC, Yekaterinburg, July 10, 2017. Russian Copper Company’s Innoprom 2017 stand will feature Smart Copper this year, the company press service reports. ‘Smart Copper is the standard for hi tech, efficient, and responsible copper production that the company is introducing at its plants. The idea is to combine up-to-date technologies with being environmentally responsible to make high quality, globally competitive ore produce,’ the press service says. Russian Copper Company’s stand is likely to prove one of the exhibition’s brightest and biggest highlights as usual. The company uses the most

UrBC, Yekaterinburg, July 10, 2017. President of Russian Railways Oleg Belozerov chaired an off-site meeting of Russian Railways Council for Cooperation with Transport Machine-Building Enterprises at Sinara Group’s Ural Locomotives on July 5, 2017. According to the Group’s press service, the meeting was attended by Russian Railways Members of the Board, heads of railway divisions, and top managers of locomotive plants and O&M businesses. Oleg Belozerov’s very first visit to Ural Locomotives began with a tour of the production site. Sinara Group’s Chair of the BOD Dmitri Pumpyansky and the

UrBC, Yekaterinburg, July 10, 2017. An all-Russian student construction site will open in Yekaterinburg’s Akademicheskiy District on July 8, 2017; this is actually the Day of Saint Peter and Saint Fevronia, Family Day in Russia, RSG-Akademicheskoye’s press service reports. This is the eighth time the construction site with summer jobs for students opens in Akademicheskiy. Nine student teams from Yekaterinburg and Nizhniy Tagil are coming to the site this year. Since the site’s opening ceremony coincided with the Family Day this year, the students, who arrived from all over the country, came

UrBC, Yekaterinburg, July 10, 2017. MegaFon’s telecom engineers improved mobile connection quality at Koltsovsky Tract to get ready for the International Innoprom 2017 Exhibition, the company press service reports. The local traffic is estimated at 50,000 to 100,000 automobiles a day, and MegaFon promises to ensure great connection throughout the entire 12 km of the highway. Given an increased passenger influx at Koltsovo Airport, steps were taken to make sure the network capacity proves sufficient. Both locals and visitors to Yekaterinburg can now enjoy the comfort of a speedy mobile

UrBC, Yekaterinburg, July 7, 2017. ChTPZ Group is going to sponsor the International Innoprom Golf Challenge on July 8-9, 2017; the event is also supported by Russia’s Industry & Trade Ministry and the Russian Golf Association, the Group’s press service reports. The championship is expected to gather together the Innoprom 2017 Exhibition’s key players: representatives of the national and international business and political elite. For the second time in a row, the event will be hosted by Pine Creek Golf Resort. This year’s championship is special in that the European Tour professionals

UrBC, Yekaterinburg, July 7, 2017. Gazprom confirmed a list of technical specifications for split tees ChTPZ Group’s and Rosnano’s joint venture Eterno is going to make for the company, the Group’s press service reports. This import substitution product is meant for repairing and re-launching pipelines under working pressure of up to 9.8 MPA with no interruptions in the fuel transfer. Prior to making a list of specifications, it was necessary to test the pilot samples for airtightness and structure strength; the tests proved that Eterno’s produce meets all of Gazprom’s requirements and is

UrBC, Chelyabinsk, July 7, 2017. Workers of Magnitogorsk Iron & Steel Works and MMK Group’s other member enterprises whose children are starting school this year are going to get some financial help from the company, MMK press service reports. The Group’s Metallurg Charity Fund will provide each family with a one-time allowance of 2,500 RUR between July and September 2017; this is part of the company’s maternity, childhood, and birth rate improvement program. 1,600 families will get involved in the program altogether. The money will get transferred to one of the parents’ account, or to

UrBC, Yekaterinburg, July 7, 2017. Koltsovo Airport came up with its first airlines’ punctually rating featuring air carriers that operate their flights from the Yekaterinburg-based airport, their press service reports. All airlines got broken down into three different categories: Russia’s largest companies that contributed the most to the airport’s overall passenger traffic; other national companies; and international air carriers. A fifteen-minute-plus delay in departure time was classed as tardiness (excluding the cases when flights got suspended due to bad weather conditions). Pobeda

UrBC, Yekaterinburg, July 7, 2017. SKB-Bank was among thirty largest national banks in terms of private individuals’ deposits according to Kommersant Finansy, the bank’s press service report. The bank came 30th in the national rating with its 70.7bn RUR worth of private deposits as of June 1, 2017. SKB-Bank is also the country’s 5th largest non-capital bank (that is, among the banks located outside Moscow and Saint Petersburg). According to the newspaper, the country’s two hundred largest Russian banks currently hold around 19 trillion RUR worth of private deposits; the interest rates haven’t

UrBC, Moscow, July 6, 2017. The Ural Bank for Reconstruction & Development (UBRD) is expanding its private customer product range, the bank’s press service reports. The bank is launching a consumer loan/credit card refinancing program for customers with loans taken out from other banks. The service is aimed at customers with a good credit history who pay out their current debts in time. The upper money limit has been set at 1m RUR, while the number of loans you can apply to have refinanced isn’t limited. The interest rates start from 13.9% a year, with the repayment period of up to seven

UrBC, Yekaterinburg, July 6, 2017. Sinara Group and the Chinese corporation CRRC signed an agreement to set up a joint venture in Russia. The new company’s name is Sinara CRRC Rail Transport. According to the Group’s press service, the contract-signing ceremony on July 4, 2017 was attended by Russian President Vladimir Putin and President of the People’s Republic of China Xi Jinping. The agreement was signed by Sinara Group’s Chair of the BOD Dmitri Pumpyansky and CRRC Chairman of the Supervisory Board Wan Jun. ‘The parties agreed a year ago that they would set up a joint venture in Russia to

UrBC, Chelyabinsk, July 6, 2017. A new 50-megawatt turbine unit will soon get installed at Magnitogorsk Iron & Steel Works (MMK) Central Power Station in order to increase the station’s overall capacity. After MMK processed a number of technical proposals and coordinated a number of tender procedures, the final contract for the delivery of the needed equipment was signed with Ural Turbine Plant. According to MMK press service, the turbine will be manufactured in as little as ten months. The unit will be fitted with the latest automatic control system to ensure energy efficiency and