UrBC, Yekaterinburg, July 6, 2017. RSG-Akademicheskoye is offering discounts to its young customers: they can pay up to 200,000 RUR less for a new home in Yekaterinburg’s Akademicheskiy District, the company press service reports. ‘This district has everything one needs to start an independent life and everything for young families and newly married couples. We have spacious and modern apartments at affordable prices, kindergartens, schools, workout sites, stadiums, shopping malls, and cozy cafes. Add to this bicycle lanes, parks, the neighborhood’s welcoming atmosphere, and the spectacular

UrBC, Moscow, July 6, 2017. Ural Federal District’s online shopping market rose by 18.4% in the first three months of the year, Russian Association of Internet Trade Companies (AKIT) reports. In Russia on the whole, the online consumer market grew by 14% and reached 240bn RUR. This year’s market is estimated to reach over 1.150 trillion RUR by the end of December. ‘The market growth slowed down a bit in the first quarter of the year, but this mainly has to do with the fact that customers are usually not very active at the start of the year; besides, figures don’t look very impressive when

UrBC, Yekaterinburg, July 5, 2017. 29 alumni of ChTPZ Group’s Future of White Metallurgy Corporate Training Program have just served their army term in a Group-supported regiment in Gorny Schit, Sverdlovsk Region. ‘A solemn greetings ceremony was organized for the demobilized soldiers at the Group’s Training Center. Their family, friends, the Group’s workers, and the Training Center teachers all came to welcome them back. All the young men were invited to work at the Group’s Finishing Center, Iron Ozone 32 steel-smelting facility, and Pervouralsk New Pipe Plant’s pipe-rolling and pipe-drawing

UrBC, Chelyabinsk, July 5, 2017. Magnitogorsk Iron & Steel Works (MMK) launched its Mill 2350 seventy-five years ago this month; the mill was first used to make vehicle armor during the war times, the company press service reports. Mill 2350 was made at Uralmash in Yekaterinburg in 1935 and sent to Zaporizhia. In 1941, armored steel was needed badly, so the equipment, as well as its operators and their families, were all evacuated from Mariupol to Magnitogorsk. The mill then consisted of two heating furnaces, two mill stands, a smelting unit, all connected with roller conveyors. The mill

UrBC, Yekaterinburg, July 5, 2017. Ural Airlines recently announced it was selling tickets for its Zhukovsky-Tel Aviv flights at a reduced price, the air carrier’s press service reports. Starting from July 4, 2017, tickets can be had for as little as 7,500 RUR (one way, all fees included, one piece of luggage (23 kg) included). The offer holds for flights to be operated between July 6 and October 26, 2017. ‘Tel Aviv is a dynamic yet very peaceful city that makes you feel safe and relaxed. This is a place with a rich history, Noah is believed to have built his Ark here, Perseus rescued

UrBC, Yekaterinburg, July 5, 2017. A group of delegates from the Chinese province of Heilongjiang (180 representatives of machine-building, construction, bio tech, electronic goods, and agricultural businesses) are going to take part in the 8th International Innoprom 2017 Exhibition, Governor of Sverdlovsk Region’s Information Policy Department reports. A delegation from the province of Henan, headed by the constituency’s governor, and officials from the province of Jilin are also coming to Innoprom. The event’s agenda covers a Chinese-Russian industrial and science/technology business forum

UrBC, Moscow, July 5, 2017. The electronic goods and household appliances chain Eldorado was less profitable than its rival M.Video in 2016: the former’s EBITDA margin declined to 2.2%, whereas that of the latter rose to 5.6%, Interfax reports. M.Video’s EBITDA went up from 8.8bn RUR in 2015 to 10.3bn RUR in 2016. That of Eldorado dropped from 5.1bn RUR down to 2.5bn RUR. Both companies’ EBITDA amounted to 13bn RUR last year and their EBITDA margin to 4.4%. Safmar Group, a business of the Gutzeriev-Shishkhanov family, announced they bought a 57.7% stake in M.Video from the company’s primary

UrBC, Yekaterinburg, July 4, 2017. Metcombank announced no fee will be charged for the use of its Round customs card between August 1, 2017 and September 30, 2017; nor will there be any commission for card transactions, the bank’s press service reports. The bank also offers its customers a 100% discount on getting a new customs card issued within the given time period. The offer holds for new customers (with accounts not yet registered in Multi-service Payment System) who are first-time Round card users. The offer does not apply to emergency card issue cases. Round customs card is meant for

UrBC, Yekaterinburg, July 4, 2017. Sinara Group’s Sinara Development is currently working on a new apartment building in the center of Volgograd’s Dzerzhinskiy District. According to the Group’s press service, the construction permit for Romanov was issued on June 8, 2017. The new 23-story building will have its own boiler house and a transformer substation, which means the new home owners will always have a reliable supply of hot water and electric power and can also save money on heating bills. ‘The project was designed with all the residents’ need to have a cozy and safe environment in

UrBC, Yekaterinburg, July 4, 2017. Vice President of Havas Group Jacques Séguéla paid a visit to the construction site of Yekaterinburg Arena on June 30; the stadium is being put up by Sinara Group’s Sinara Development in time for the World Cup 2018, the company press service reports. Deputy Governor of Sverdlovsk Region Alexander Vysokinskiy, Sverdlovsk Region’s Minister for International and Foreign Economic Relations Andrei Sobolev, Sinara Group’s Director-General Mikhail Khodorovskiy, and Sinara Development’s Director-General Timur Ufimtsev all came to welcome Séguéla at the site. ‘On the

UrBC, Yekaterinburg, July 4, 2017. Russian Copper Company and Aktyubinsk Region signed a memorandum of cooperation. Aktyubinskaya Copper Company now intends to finance a rehabilitation center in Aktobe (500m tenge all in all) to promote the area’s socioeconomic development, Russian Copper Company’s press service reports. ‘Russian Copper Company invests heavily in CSR projects both in Russia and Kazakhstan, with the goal of facilitating the development of territories where the company operates its assets and of improving the locals’ living standards. The company mostly focuses on social

UrBC, Yekaterinburg, July 4, 2017. The rating agency Expert RA affirmed SKB-Bank’s credit rating at ruBB, with Stable rating outlook, the bank’s press service reports. The agency feels the bank managed to get both its transaction types and its resource base diversified successfully across customer categories. The current rating is also supported by the bank’s strong market position (No.27 (in terms of private individuals’ loan book) in the national rating as of June 1, 2017), a wide geographical network, low foreign currency risks, and the increased likelihood of being backed up by the

UrBC, Yekaterinburg, July 3, 2017. ChTPZ Group intends to take part in the International Innoprom 2017 Exhibition in Yekaterinburg on July 10-13, 2017. Company shareholders Andrei Komarov and Alexander Fedorov and the Group’s top managers will represent their business there. According to the company press service, the Group is featuring a stand dedicated to its Future of White Metallurgy Corporate Training Program this year. ‘The exhibition is dedicated to ‘smart’, innovative production this year. Starting from 2011, the Group has been training blue-collar professionals fit for an up-to-date

UrBC, Yekaterinburg, July 3, 2017. Malyshev 73 Society’s charity fund sponsored the construction of a workout site in Yekaterinburg designed to meet the specific needs of people with disabilities and the elderly. Special enhanced-safety bars and apparatuses were installed next to the welfare center at 33 Reaktivnaya St. ‘The idea is to help our visitors both to improve their health and get some sociocultural rehabilitation, and doing sports is one way to achieve this. Since we only have a small gym and an exercise therapy room, there wasn’t enough room for everyone. Besides, we wanted our

UrBC, Yekaterinburg, July 3, 2017. Rosatom-Energomash’s Yekaterinburg-based asset SverdlNIIkhimmash was recently issued a patent for its small-scale radioactive waste vitrification furnace, the company press service reports. The furnace is a key part of waste vitrification and disposal process. The new make differs from its earlier counterparts in that it is smaller in size, has a stationary cooling system, and has the heated water fed into it through a movable platform in the lower part of the structure. This was all made possible due to a thinner insulation layer, a wider outer surface to

UrBC, Yekaterinburg, July 3, 2017. Russian Copper Company’s Novgorod Metallurgical Plant based in Velikiy Novgorod is currently busy repairing the gas filter of its Maerz kiln, the company press service reports. This FRI 1500 filter is meant for trapping exhaust gases; the repairs and upgrades did not require any production halts. While the filter is being repaired, a similar filter from the plant’s converter replaced the original item temporarily. The goal is to fit FRI 1500 with more advances and efficient filtering components and renovate its bearing structure. The repair jobs are expected

UrBC, Yekaterinburg, July 3, 2017. Russian Copper Company is to launch its new workout site near Cosmos Movie Theater in Yekaterinburg on July 2, 2017, the company press service reports. This is the second workout site out of six open-air sports playgrounds the company intends to set up in Yekaterinburg. The project is supported by Sverdlovsk Region Government. ‘Workout means you do sports exercises using your own weight. No professional training or expensive equipment are necessary, all you need is a comfortable outfit and making sure you do the exercises right,’ the press service says. The

UrBC, Yekaterinburg, June 30, 2017. Ural Airlines are now offering their customers a new flight from Yekaterinburg to Kaliningrad and back, the air carrier’s press service reports. Starting July 21, 2017, the airline’s passengers can enjoy a direct, no-stopover flight to Kaliningrad every Tuesday and Friday. In addition to the convenience of a direct flight, prices, which start from 6,000 RUR (one way), are another advantage. ‘Kaliningrad is often called Russia’s most European city where medieval Europe rubs shoulders with modern Russia. There are plenty of recreational and sightseeing

UrBC, Yekaterinburg, June 30, 2017. Ural Airlines added yet another airplane to its fleet of aircraft: Airbus A321 with Sharklet wingtips that improve the plane’s aerodynamic parameters, allow for a greater flight range, and help reduce fuel spending. According to the air carrier’s press service, this is the second Sharklet-fitted airplane the company has acquired so far. Ural Airlines currently operate 43 airliners all in all. ‘This VP-BSW arrived in Yekaterinburg from Taiwan. The plane is fit for 215 Economy seats and operated its first flight in Ural Airlines’ colors from Yekaterinburg to

UrBC, Yekaterinburg, June 30, 2017. Subscribers on MegaFon Ural’s Tune In! payment plan can now purchase over sixty new smartphones at a special price, the telecommunications provider’s press service reports. The offer holds for Samsung, ASUS, HTC, Huawei, Lenovo, and ZTE phones. ‘Samsung J5 Prime sounds like the perfect option for staying in touch. This smartphone has a power-saving mode that switches all the background applications off and thus reduces battery spending. It also has a large-aperture lens with F1.9 diaphragm to ensure best quality pictures even in the dark; the phone’s