UrBC, Moscow, June 27, 2016. The Ural Bank for Reconstruction & Development expanded the range of services it offers through Light, an e-banking package for business customers, the bank’s press service reports. ‘Businesspeople using our e-banking options can now transfer, sell, or buy foreign currencies online as well as have all the transaction certificates and report forms issued remotely,’ the press service says. The bank invariably relies on customer feedback when working on new e-banking and m-banking services, so Light was given an entirely new interface last year to better suit the

UrBC, Yekaterinburg, June 27, 2016. United Energy Systems Federal Grid Company/FGC UES got all the high-voltage equipment at its Sotnik 220-kilowatt substation in Khanty-Mansiysky Autonomous Region upgraded or renovated, the company press service reports. These changes ensures a much more reliable power supply for the O&G companies in the area and for the town of Urai. The substation runs six modern high-voltage, RIP-insulated units. The new machinery is more dependable, convenient to use, environmentally safe, and very fire-resistant. The company intends to get fifty-five such units

UrBC, Yekaterinburg, June 27, 2016. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise/EVRAZ KGOK spent over 245m RUR on job and industrial safety improvements, the company press service reports. For one, two grab cranes used for loading iron-ore concentrate were fitted with new cabins. These have an anti-vibration control system and a seat reclining lever. ‘Besides, the cabins are fitted with tripe glazing to ensure nearly 100% noise insulation, and a smart heating/ventilation system for optimal temperature settings. The viewing angles are now much better thanks to the three

UrBC, Yekaterinburg, June 27, 2016. Yurga Machine-Building Plant (a member enterprise of Ural Vagon Zavod Corporation) purchased a new low-frequency vibration treatment unit, the company press service reports. ‘One of the things the plant does is making metal structures that require sophisticated mechanical treatment. Some of these structures weigh over 10,000 kg, which results in high residual welding stress figures after the welding is done. Also, it is very expensive to use thermal treatment furnaces that are big enough for these. This is why it was decided to introduce this low-frequency

UrBC, Yekaterinburg, June 24, 2016. Novgorod Metallurgical Plant has processed over 5,600,000 kg of blister copper supplied by Karabashmed so far; both companies are member enterprises of Russian Copper Company, the company press service reports. The plant started processing the blister copper produced by Karabashmed in the second quarter of the year. The metal gets delivered from Chelyabinsk Region to Veliky Novgorod by rail and by road. The plant processed 6,077,420 kg of blister copper in its Merz furnace between January and May 2016. The metal is used for making cathodes, the plant’s

UrBC, Yekaterinburg, June 24, 2016. EVRAZ Holding and the Slovenian company SZ-VIT started making sets of wheels for the European railway markets together, EVRAZ Holding Ural’s press office reports. The wheels get assembled in Slovenia and head for their European customers – large railway operators and freight railcar manufacturers. EVRAZ also won the tender to supply sets of wheels for one of the European market’s largest railway freight forwarders VTG AG. Under their contract, the holding will have to deliver a pilot batch of 700 to 1,000 sets of wheels to the forwarder this year. The

UrBC, Yekaterinburg, June 24, 2016. The Ural Bank for Reconstruction & Development (UBRD) supports Ural Music Night Festival in Yekaterinburg on June 24-25, the bank’s press service reports. For one, the bank coordinated an unusual open-air exhibition of exotic musical instruments for the city’s youngest residents and their parents next to the Tatischev and de Gennin Monument at 6 PM on June 24. The children can learn about ocarinas and reco-recos and the difference between a xylophone and a metallophone, practice some guitar and drum playing, and learn to play a steel tongue drum. Also,

UrBC, Yekaterinburg, June 24, 2016. Alexei Kovalchuk, designer from Omsk Transport Machine-Building Plant (a member enterprise of Ural Vagon Zavod Corporation) and member of Russian Engineering Union’s Omsk Region division, defended his PhD thesis on the development and improvement of technologies for making mathematically modeled cone-surfaced spare parts through cold pressing, the company press service reports. Kovalchuk proposed a number of new technologies for cold forging of cone-surfaced parts. ‘The cold-forging method is efficient in that the ingots come out as close in shape, size,

UrBC, Yekaterinburg, June 24, 2016. The Ural Bank for Reconstruction & Development had over 2,000 new POS terminals installed throughout the country in the five months of 2016, which was 54% more than in January-May 2015, the bank’s press service reports. 41% of the new terminals were installed in Sverdlovsk Region, the shares of Bashkortostan and Krasnodar Territory came to 9% each. The POS outputs rose by 30.5% between January and May, with the number of transactions up by 53.9% (1.9m). ‘The state has been actively promoting cashless payments for the last few years, so increasingly more

UrBC, Moscow, June 23, 2016. Sverdlovsk Region’s used car market came to 59,300 units in the five months of 2016, which is 7.8% more than one year earlier, Avtostat reports. In the country overall, the amount was 2.15m units (up 10.7% on the 1,820,100 units as of one year earlier). Moscow and Moscow Region’s combined market share comes to 12%; Moscow market amounts to 135,900 units (+8.6% on January-May 2015), that of Moscow Region to 117,700 units (+15.1%), that of Krasnodar Territory (5% of the country’s market) came to 88,500 units (+6.4%), and that of Saint Petersburg rose to 75,500 units

UrBC, Yekaterinburg, June 23, 2016. A ready-made Yekaterinburg-based business has come to cost 50% less on average since the start of the year, N1. RU reports. An ‘average’ ready-made business is an office/shopping space that is 740 m2 big and costs 17.2m RUR to buy. In December 2015, the average asking price stood at nearly 35m RUR, with offices 1,232 m2 big. The per-square-meter price dropped from 28,300 RUR down to 23,300 RUR (-18%). The market supply has remained nearly the same as last year, but the more expensive offers came to be replaced by the cheaper options. Rental options, motor

UrBC, Yekaterinburg, June 23, 2016. On July 7, the 7th All-Russian Akademichesky Building Project will begin in Yekaterinburg’s Akademichesky District. The project’s employers are offering summer jobs to students willing to work in the building industry during their time off campus. The following student teams are coming: Anita (Sverdlovsk Region), Akhtiar (Sevastopol), GOST (Saint Petersburg), Dedal (Perm Territory), Dzhungaria (Kalmykia), Zhenski Batalyon (Rostov Region), Zhenski Dvigatel (Novosibirsk Region), Impuls (Sverdlovsk Region), Kalinka (Sverdlovsk Region), Lyubava (Sverdlovsk

UrBC, Yekaterinburg, June 23, 2016. Sinara Group’s Sinara Development, the contractor-general in charge of reconstructing Yekaterinburg Arena Stadium in time for the World Cup 2018, got the supporting external ring structure of the roof fully assembled, Sinara Group’s PR Center reports. The ring was mounted on top of the northern stands at the height of 39.5 meters. The structure weighs 112,000 kg and consists of two metal beams, both of them hollow on the inside and made of highly durable steel with layer thickness around 80mm. Ten vans had to deliver a special crane (used earlier at the

UrBC, Yekaterinburg, June 23, 2016. Ural Vagon Zavod Corporation’s member enterprises took part in the special events to commemorate the 75th anniversary of the day the Great Patriotic War began, the company press service reports. With the support from Nizhniy Tagil Council, the company helped historically reenact the march organized by the plant on June 23, 1941. Actors from I.V. Okunev Palace of Culture and the city Youth Theater, members of Ural Vagon Zavod’s youth organization and workers from other local enterprises all took part in the reenactment. ‘The script was based on an article in

UrBC, Yekaterinburg, June 22, 2016. Officers from Sverdlovsk Region division of Rospotrebnadzor (the state-run consumer rights watchdog) had over 12,000 kg of apples and nearly 5,000 kg of pears destroyed, the agency’s press service reports. The fruit boxes were seized on Yekaterinburg-Perm highway; it turned out the foods came from a sanctioned source. ‘As it happens, the van had12,438 kg (1,194 boxes) of Polish apples and 4,608 kg (256 boxes) of pears of unclear origin. The apples were packed into cardboard boxes with no identification marks on them except for Poland’s Standard 15 stamps on

UrBC, Yekaterinburg, June 22, 2016. The Ural Bank for Reconstruction & Development recently introduced yet another new branch in Moscow, the bank’s press service reports. The branch opened in June to offer its services exclusively to small and medium enterprises. Customers can now open a settlement account with the bank, sign an acquiring contract, place some money onto a deposit, and apply for a loan/overdraft. The bank’s new branch is located at 26 Leninskaya Sloboda (Avtozavodskaya Underground Station), office 533.2. The opening hours are from 9AM to 6 PM on weekdays. ‘We’ve felt the

UrBC, Yekaterinburg, June 22, 2016. Kachkanar Ore Mining & Processing Enterprise/KGOK (part of EVRAZ Holding) directed over 8.5m RUR to repairs and remodeling of children’s schools and sports and arts and crafts clubs in Kachkanar, EVRAZ Holding Ural’s press office reports. The local art school bought the needed supplies and equipment and had the primary engineering infrastructures and sanitary facilities replaced. A kindergarten and a school will soon undergo capital repairs. Also, money will be directed to equip science labs in a school in the small settlement of Is. Additionally, EVRAZ

UrBC, Yekaterinburg, June 22, 2016. Ural Railcar Building Design Office (a member enterprise of Ural Vagon Zavod Corporation) had three of its railcar repair depots certified, the company press service reports. The depots are located in Magnitogorsk, Inskaya, and Leninsk-Kuznetsky. These are the special divisions of Russia’s largest depot network Railcar Repair Company 1, whose output comes to 100,000 fixed railcars a year. The certification means the depots can now deal in repairs of Ural Vagon Zavod’s innovative 12-196-01 and 18-194-1 makes (freight capacity increased to 25,000 kg, time

UrBC, Yekaterinburg, June 22, 2016. Representatives of Ural Vagon Zavod Corporation’s fifteen member enterprises took part in a two-day corporate workshop on the Federal Act FZ 223 regulating businesses’ purchasing policies, the company press service reports. The workshop, held at Razvitiey Training Center in Yekaterinburg, was attended by professionals from Kamensk-Uralsky, Chelyabinsk, Nizhniy Tagil, Saint Petersburg, Amur Region, Krasnodar Territory, and Trans-Baikal Territory. The goal is to enhance the participants’ purchasing skills and competences. The workshop gathered together people

UrBC, Yekaterinburg, June 21, 2016. Customers of the Ural Bank for Reconstruction & Development (UBRD) have been using the bank-to-bank MasterCard/MoneySend/Visa Direct transfer options increasingly more often, the bank’s press service reports. The number of such transactions rose by 20% in May 2016 against one year earlier; the amount of money transferred also rose by 28% and reached some 100m RUR a month. According to UBRD Card Management Director Alexei Piskunov, the increase is mainly brought about by the fact that customers can see the benefits of convenient and very fast