UrBC, Yekaterinburg, May 26, 2017. Ural Vagon Zavod Corporation denies having been handed over to Kalashnikov. ‘A number of media commented on the corporation’s alleged acquisition by Concern Kalashnikov, but this is not the case. Both Rostech Corporation and Kalashnikov reported earlier that the reports were inaccurate. No talks on selling the company shares have been or will be held,’ the corporation’s press service says. The holding reports an investigation will be held to look into how these rumors spread. Now Russian President Vladimir Putin signed a decree on December 27 handing Ural

UrBC, Yekaterinburg, May 26, 2017. Ural Vagon Zavod Corporation’s head plant in Nizhniy Tagil now holds a license to get its testing equipment certified; the equipment in question is used to make sure the company’s defense industry goods meet the necessary requirements, the corporation’s press service reports. The Federal Agency on Technical Regulation and Metrology’s All-Russian Scientific Research Institute for Physical & Radio-technical Measurements issued the necessary approval by a board of experts, effective March 20, 2017. The approval means Ural Vagon Zavod can now do its own

UrBC, Yekaterinburg, May 26, 2017. Russian President Vladimir Putin awarded Russian Copper Company’s Chair of the BOD Igor Altushkin with the Order of Friendship, the company press service reports. The awarding ceremony took place in the Kremlin on May 24, 2017. Some thirty prominent scientists, industrialists, sports players, healthcare officials, and culture activists received orders and honorary titles all in all. The President said in his address to the audience that state awards were an ultimate acknowledgement of these Russian nationals’ achievements. ‘You achieved great things in all

UrBC, Yekaterinburg, May 26, 2017. Rosset’s Federal Grid Company United Energy System is now working on new SF6 circuit breakers at Zvezdnaya, one of Udmurtia’s largest 220-kilowatt substations, the company press service reports. Zvezdnaya Substation (projected capacity: 250 MVA) was originally launched in 1981. The facility is in charge of transferring electric power between Udmurtia and Kirov Region, including the constituency’s northernmost town Glazov. The substation now has two new 220-kilowatt SF6 circuit breakers. Five more 220-kilowatt breakers and two 110-kilowatt ones will also get

UrBC, Yekaterinburg, May 26, 2017. The Mid-Urals Development Corporation presented Sverdlovsk Region’s timber industry’s potential at the international exhibition LIGNA 2017 in Hanover, Germany. Also, a number of talks were held with potential investors, Governor of Sverdlovsk Region’s Information Policy Department reports. ‘The Mid-Urals timber industry sector has great potential and could be one of the local economy’s key growth points. However, the industry suffers from lack of investments, and a lot of woods in the area are still not being covered. This is why it’s important to inform the

UrBC, Yekaterinburg, May 25, 2017. Ural Vagon Zavod Corporation’s Director-General Alexander Potapov met with the Cuban Government representatives to discuss the company’s prospective business activity on the island, TASS reports. Potapov held talks with the Council of Ministers Vice President and Economy Minister Ricardo Cabrisas Ruiz and a number of governmental department heads. The executive says the talks focused on the specific issues of industrial cooperation in the civilian production and defense industry sectors. ‘Ural Vagon Zavod is a large-scale industrial enterprise whose

UrBC, Yekaterinburg, May 25, 2017. SKB-Bank is acquiring the Russian finance/tech project Ecombank, the bank’s press service reports. Ecombank is a startup company offering the latest factoring solutions for online shops. The company specializes in offering loans to such stores, with C.O.D as the loan security: the money gets transferred on the day the order gets shipped to customer. Ecombank has been on the market since 2014. SKB-Bank has already invested the first money installment in the startup. The funds will be directed to finance Ecombank’s customers and to develop new products for the

UrBC, Yekaterinburg, May 25, 2017. 10,600 m2 of low-rise apartment buildings got commissioned in Sverdlovsk Region in the first quarter of 2017, which was three times less than in the first quarter of 2016 (33,500 m2), the Federal State Statistics Service’s (EMISS) website states. 231,500 m2 of housing got put up in the constituency in January-March 2017 altogether, which only amounted to 50.8% of the amount put up one year previously.

UrBC, Yekaterinburg, May 25, 2017. 80% of the crops have been sown in the Mid-Urals by now, Governor of Sverdlovsk Region’s Information Policy Department refers to Sverdlovsk Region’s Agriculture Minister Dmitri Degtyarev as stating. For one, 84%, 64%, and 55% of the planned amounts of grains, potatoes, and vegetables have been sown. Everything is being done on the agronomic schedule, with weather conditions good enough for sowing 5% of the available arable land daily. ‘The sowing jobs are all going forth according to plan. The good weather in and near Irbit, Bogdanovich, and Sysert means 97%

UrBC, Moscow, May 25, 2017. Ural Federal District-based banks closed over 1.078bn RUR in loan fraud last year, United Credit History Bureau’s press service reports. The Bureau’s analysts calculated the banks’ losses resulting from fraudulent actions in 2016. Loan frauds were classed as such if not a single repayment was made within four months of the issuance. 34,428 such loans got issued in Ural Federal District last year, which amounted to 1.46% of all the loans issued in the area. This is 19% more than in 2015, with the average loan amount at 31,323 RUR. In Russia on the whole, 334,000

UrBC, Yekaterinburg, May 24, 2017. Exhibit 781, jokingly dubbed ‘The Terminator’s Grandfather’, now arrived at Ural Vagon Zavod Corporation’s open-air museum. This is the first Soviet tank fire support combat vehicle that was designed at Chelyabinsk Tractor Plant back in the eighties, the company press service says. This vehicle and the one developed at Ural Vagon Zavod Corporation’s Ural Transport Machine-Building Design Office serve the same purpose but differ dramatically in their design. Exhibit 781 was never produced on a serial scale. For many years, it was used for tests and trials as

UrBC, Yekaterinburg, May 24, 2017. Miners from EVRAZ Holding’s Raspadskaya Coal Company’s Uskovskaya Mine started working on new long face 50-08 with over 1.8m tons of GZh coke reserves, EVRAZ Holding Siberia’s Corporate Relations Center reports. ‘The miners did over 3,500 meters worth of excavation work as well as some assembly jobs and performed capital mining operations to prepare the long face. Thanks to the smart technical solutions we relied on, it was possible to re-assemble the mining equipment quickly and get the new long face commissioned for the operation and maintenance phase in

UrBC, Yekaterinburg, May 24, 2017. EVRAZ Holding held its 3d charity corporate race in Nizhniy Tagil recently, EVRAZ Holding Ural’s Corporate Relations Center reports. The sports event was dedicated to the holding’s 25th anniversary this year and was joined in by some 5,000 residents of Kachkanar, Yekaterinburg, Nizhniy Tagil, and Nizhniy Tagil suburbia. ‘Around a thousand runners, including some three hundred children, ran the race on the city’s central streets. Six-year-olds were the youngest racers in the event, while this year’s oldest participants are about to turn eighty. Every runner

UrBC, Yekaterinburg, May 24, 2017. The telecommunications provider MegaFon’s subscribers based in Moscow, Volga Region, and Central Federal District will get compensations for the total connection failure on May 19, MegaFon Ural’s press service reports. ‘As for the Urals, both voice and mobile Internet connection services were available as usual, both incoming and outgoing calls and data transfer remained stable in 3G, 4G, and LTE-Advanced networks. These were the users in Moscow, Nizhniy Novgorod, Kazan, Ufa, and a number of other cites that had some trouble with MegaFon that day,’ the press

UrBC, Yekaterinburg, May 24, 2017. An e-auction was coordinated by Novosibirsk Region Government recently to select the company to provide the constituency with borrowed funds. The auction committee considered applications from four for-profit banks, SKB-Bank’s press service reports. Banks that offered the lowest interest rates on their loans were chosen as the winning bidders, Novosibirsk Region’s Finance Ministry reports. Based on the auction results, the constituency will sign three contracts with SKB-Bank. According to Novosibirsk Region’s Finance Ministry, the loans will be issued at the

UrBC, Yekaterinburg, May 23, 2017. Ural Vagon Zavod Corporation’s head plant in Nizhniy Tagil held a family event at the company museum for several hundred visitors, both locals and tourists, the company press service reports. Visitors to the event could join a game quest, listen to a presentation of a children’s book called The Adventures of A Little Tank as well as to stories about the Soviet Pioneer movement, take part in games, make asphalt drawings and scribblings, and take a look at Ural Vagon Zavod’s armored vehicles. Also, the Red Banner Epoch Exhibition was opened at the museum on

UrBC, Yekaterinburg, May 23, 2017. Director-General of Ural Vagon Zavod Corporation’s Omsktransmash Igor Lobov was recently granted the honorary title of Omsk Region’s Honored Industrial Worker, the company press service reports. Lobov was awarded in acknowledgement of his great contribution to the development of the Russian machine-building industry. Igor Lobov has moved on from a shift foreman at a chemical/metallurgical plant to a director-general of a defense enterprise in the thirty years of his career. He has been head of Omsktransmash for the last six years now, introducing new jobs,

UrBC, Yekaterinburg, May 23, 2017. ChTPZ Group’s Chelyabinsk Tube Rolling Plant invested 244m RUR in upgrading its equipment for quality control of large-diameter pipes. This was part of the plant’s and its partner Transient's strategic cooperation program, the Group’s press service reports. For one, ten weld line and pipe end quality control units got upgraded (the units are meant to test pipes with the diameter ranging from 530mm to 1,220mm), and new ultrasound, X-ray, and magnetic particle test units were installed at the plant’s electric welding department. The non-destructive

UrBC, Yekaterinburg, May 23, 2017. The final rounds of a multi-sport children’s competition (Chelyabinsk’s Strongest Kid) was coordinated by Russian Copper Company in Chelyabinsk recently, the company press service reports. ‘The championship’s final stage took place at the track-and-field facility UralGUFK in Chelyabinsk on May 20, 2017. Forty-two young sportsmen and women competed for the title of the city’s strongest kid. They were selected from among over 5,000 local schoolchildren, who competed in the preliminary rounds beginning from October 2016. This season, Ivan Yakovlev, Danil

UrBC, Yekaterinburg, May 23, 2017. A series of fights that were part of Judo Grand Slam international competition were held in Yekaterinburg on May 19-21, EVRAZ Holding Ural’s Corporate Relations Center reports. The ore mining/metallurgical holding acted as the event’s official sponsor. ‘Judo Grand Slam series is one of the key IJF events that always gathers together the best sports players from Russia, Japan, France, Azerbaijan, Germany, Brazil, and other countries. I’m positive that Judo Grand Slam’s arrival in Yekaterinburg is a big thing for the local sports lovers. We are happy to