UrBC, Yekaterinburg, June 7, 2017. 765,000 m2 of new housing got put up in Ural Federal District in the first quarter of the year, which was 34.1% less than one year earlier, Sverdlovskstat reports. Most of these new apartment buildings were put up in Sverdlovsk and Chelyabinsk Regions (231,500 m2 and 223,800 m2, respectively). Also, private builders put up 296,200 m2 worth of detached houses, with most of these based in Sverdlovsk and Tyumen Regions (136,800 m2 and 80,200 m2, respectively).

UrBC, Moscow, June 7, 2017. The Ural Bank for Reconstruction & Development (UBRD) is launching a series of entertainment workshops for children living in foster homes and giving out some gifts this June in celebration of International Children’s Day, the bank’s press service reports. The bank’s Children Believe in Miracles Program covers a children’s play where the main character presents different professions and talks about why finding the job you love is so important. UBRD PR Director Elina Kuschenko says the children will also be given custom-made coloring books created with the help

UrBC, Yekaterinburg, June 7, 2017. Russia’s air carriers incurred some 10bn RUR in losses last year (compared with 8.5bn RUR one year previously), Kommersant refers to President of the Russian Air Transport Operators Assotiation Vladimir Tasun as stating. Most of the losses still have to do with the domestic flights segment (33bn RUR in 2016 against 44.9bn RUR in 2015). The profit made through international flights couldn’t offset the losses in the domestic flights segment as it only amounted to 23bn RUR (down 37% on the year 2015). At the same time, the overall number of domestic flights

UrBC, Yekaterinburg, June 6, 2017. Governor of Sverdlovsk Region Evgeny Kuivashev held talks with President of Boeing International Marc Allen, President of Boeing Russia/CIS Sergey Kravchenko, and India’s Commerce and Industry Minister Nirmala Sitharaman at Saint Petersburg International Economic Forum 2017. ‘Boeing representatives confirmed once again our plans to work on a second Ural Boeing Manufacturing Plant in our Titanium Valley. Besides, we also intend to work together in the field of education, and I’m positive this project will take off very soon after a brief discussion. More

UrBC, Yekaterinburg, June 6, 2017. Sinara Group, Siemens AG, and Federal Passenger Company signed a memorandum of intent to capture a contract for the production of long-haul Lastochka trains, Sinara Group’s PR Center reports. The document was signed at Saint Petersburg International Economic Forum; the ceremony was attended by President of Russian Railways Oleg Belozerov, President of Siemens AG Joe Kaeser, and President of Sinara Group Dmitri Pumpyanski. Federal Passenger Company’s Director-General Petr Ivanov, Sinara Group’s Mikhail Khodorovsky, and Director of Siemens Mobility Jochen

UrBC, Yekaterinburg, June 6, 2017. Representatives of the Natural Resources Committee’s local division, Novokuznetsk’s Prosecutor-General for environmental issues, social activists, and reporters all went on a tour of EVRAZ Holding’s West-Siberian Integrated Metallurgical Works (ZSMK) within the framework of the Environmental Troopers Project, EVRAZ Holding Siberia’s Corporate Relations Center reports. Visitors to the plant could take a look at the company’s current environmental protection programs at work and learn about the measures taken to conserve local bodies of water, reduce harmful

UrBC, Yekaterinburg, June 6, 2017. One of the world’s largest OCTG manufacturers Pipe Metallurgical Company (TMK) went through with a 10bn RUR bond issue at Moscow Exchange on June 2, 2017. The bonds are to be in circulation for a decade, TMK press service reports. The plan is to pay the bond holders bi-annual coupon yields at 9.35% a year, with a buy-back option in four years within the date of issuance. The bond issue was coordinated by Alfa-Bank, ATON, VTB Capital, Gazprombank, BrokerCreditService Company, Sovcombank, and UniCreditBank. VTB Capital acted as the placement agent for the

UrBC, Yekaterinburg, June 6, 2017. Russian Copper Company’s Kyshtym Copper Electrolysis Plant (KMEZ) in Chelyabinsk Region is working on a new site to host two additional sets of electrolysis baths. ‘We had to pull down the existing columns and cross bars, remove flooring and excess soil, and shift the existing ventilation system from the place where the baths should be. Next, we have to lay the foundation for the support beams that will back up the new technological equipment,’ the company press service reports. The extra electrolysis baths will mean the company’s transformer substation will

UrBC, Yekaterinburg, June 5, 2017. Governor of Sverdlovsk Region Evgeny Kuivashev contributed to signing an agreement between Russian Railways and Sverdlovsk and Chelyabinsk Regions to put up a high-speed railroad between Yekaterinburg and Chelyabinsk, Governor of Sverdlovsk Region’s Information Policy Department reports. The agreement was signed during Saint Petersburg International Economic Forum 2017 by Governor Kuivashev, Governor of Chelyabinsk Region Boris Dubrovsky, and President of Russian Railways Oleg Belozerov. ‘We expect the project to increase traffic capacity dramatically,

UrBC, Yekaterinburg, June 5, 2017. Russian Copper Company set up workout sites and workout parks in four Chelyabinsk Region-based towns, the company press service reports. The largest-scale opening ceremony took place in O.I. Tischenko Park in Chelyabinsk on June 1. The new sports playground here meets all the international requirements for workout championships. The parallel and vertical bars, jumping fixtures, climbing appliances and all the other equipment units as well as up-to-date shock-absorbing flooring, bag and clothes hooks, trash bins, and information stands all offer the comfort

UrBC, Yekaterinburg, June 5, 2017. ChTPZ Group and Russia’s Industry & Trade Ministry signed a cooperation agreement at Saint Petersburg International Economic Forum 2017, the Group’s press service reports. The document was signed by Deputy Industry & Trade Minister Vassily Osmakov and Director of the Group’s pipe-manufacturing division Alexander Grubman. The two parties agreed to help promote and popularize blue-collar jobs and dual-education system and to help provide metallurgical and machine-building enterprises with skilled workers. The Group and the ministry will coordinated

UrBC, Yekaterinburg, June 5, 2017. Gazprom’s top executives held an off-site meeting with representatives of Russia’s metallurgical and machine-building enterprises during a recent forum in Saint Petersburg. According to Sinara Group’s press service, Gazprom’s Chair of the Board Alexei Miller also paid a visit to their exhibition stand to look at Sinara Transport Machines’ promising developments in the field of energy-efficient locos and engines that run on natural gas. The agreement to use natural gas as fuel for their rolling stock and locos was signed by Gazprom, Russian Railways, Sinara

UrBC, Yekaterinburg, June 5, 2017. SKB-Bank made it to the list of Sverdlovsk Region’s ten largest banks in terms of asset growth with its 109.4bn RUR, the bank’s press service reports. Being featured in Kommersant’s rating mainly has to do with the bank’s impressive consumer loan book (over 62bn RUR by May 2017) that is currently among the three largest ones in the entire country (excluding the banks operating in Moscow and Saint Petersburg). Kommersant’s analysts report the banking sector has been recovering visibly and gradually but very slowly. According to the Central Bank, ‘private

UrBC, Yekaterinburg, June 2, 2017. ChTPZ Group representatives took part in a recent off-site meeting coordinated by Gazprom Chair of the Board Alexei Miller, the Group’s press service reports. The meeting, held on the premises of Silovye Machiny, covered issues relating to Gazprom’s cooperation with Russian metallurgical and machine-building enterprises. The event was attended by heads of Gazprom’s core departments and daughter enterprises, top managers of the leading national pipe manufacturers and metallurgical businesses such ChTPZ Group, Pipe Metallurgical Company, United Metallurgical

UrBC, Yekaterinburg, June 2, 2017. The telecommunications provider MegaFon and Huawei set the absolute record of mobile Internet connection speed for Russia with their 5G network speed of 35 Gb/sec on the first day of Saint Petersburg International Economic Forum, MegaFon Ural’s press service reports. ‘Exactly one year ago we were able to perform at just above 1 Gb/sec. It is symbolic that now we are back to Saint Petersburg Communications Museum with our new developments and an even greater 5G network speed. We can now state with confidence that the fifth-generation network is about to hit

UrBC, Yekaterinburg, June 2, 2017. Sinara Charity Foundation and SKB-Bank are coordinating a family event in Pavlik Morozov Park in Yekaterinburg on Saturday, June 3. This is a charity do dedicated to the International Children’s Day, the bank’s press service reports. The event’s agenda covers sports games and family entertainment, a grown-ups’ and a children’s race, professional performances, master classes, refreshments, prizes, and gifts. A charity marathon to promote everyday good-doing is expected to become the day’s key feature. The children’s marathon is 300 m long and the grown-ups’

UrBC, Yekaterinburg, June 2, 2017. ChTPZ Group’s Chelyabinsk Tube Rolling Plant (ChTPZ) got its quality management system certified for compliance with STO Gazprom 9001-2012 standards and was one of the first to also get certified within INTERGASCERT, a voluntary certification system, the Group’s press service reports. The compliance certificate was given to the company representatives by Gazprom Chair of the Board Alexei Miller following a meeting on Gazprom’s cooperation with Russia’s metallurgical and machine-building enterprises. ‘INTERGASCERT is a system that will enhance business

UrBC, Yekaterinburg, June 2, 2017. The 8th EVRAZ Stars children’s talent show was recently held in Nizhniy Tagil, EVRAZ Holding Ural’s press center reports. Children of the workers from the holding’s member enterprises such as EVRAZ NTMK and EVRAZ KGOK, daughter companies, and children from sponsored foster homes took part in the contest. The grand-prix went to Olesia Fedotova from EVRAZ NTMK Arts & Culture Center’s Anshlag Circus and her Moon Dream performance. Olesia Fedotova has won quite a number of international competitions in the past; she was the silver winner of the World Contest

UrBC, Yekaterinburg, June 1, 2017. Ural Vagon Zavod Corporation’s head plant gave out the Managing Director Vladimir Roschupkin Awards to winners of Physics School Championship and the best students of Ural Federal University’s Nizhniy Tagil subsidiary. The solemn awarding ceremony took place at the plant’s I.V. Okunev Culture Palace, the company press service reports. ‘Ural Vagon Zavod’s Senior Engineer Yuri Shannon congratulated the school contest winners and presented them with tablet computers. The winners are Denis Baranov, a ninth-grade student of Lyceum 39, Gleb Bannykh, an

UrBC, Yekaterinburg, June 1, 2017. A wheel-mounted, single-scoop, full-shovel excavator EO 33222A made at Ural Vagon Zavod Corporation’s head plant premiered at the construction vehicles and technologies exhibition STT 2017 in Moscow, the corporation’s press service reports. The plant’s newest development was featured among the company’s other promising designs at the corporation’s stand. EO 33222A is fitted with the 135-kilowatt strong YMZ 532 engine and an up-to-date hydro-system which ensures smooth and comfortable operation and allows for performing up to three different actions at once.