December 15, 2014. Uralvagonzavod Scientific & Production Corporation Director-General Oleg Sienko was among the delegates accompanying Russian President on his visit to India. According to the corporation’s press service, Sienko took part in President Vladimir Putin and India’s Prime Minister Narendra Modi’s meeting with the representatives of Russian and Indian business communities; he also attended the meeting with the President of the Republic of India Pranab Mukherjee. ‘Uralvagonzavod is a well-known name on India’s military vehicles and technologies market; the corporation has

December 12, 2014. Australian model maker Philip Govenlock asked the management of ChTZ Uraltrac (a member enterprise of Uralvagonzavod Corporation) for photographs and sketches of T 800, the biggest tractor ever produced at the plant. According to Uralvagonzavod Corporation’s press service, he says he needs the precise images of this gigantic vehicle under different angles in order to re-create a large-size model of the bulldozer (which will still be 16 times smaller than the original). ‘This T 800 didn’t really enjoy much popularity with Russian small model makers. Yet this is a famous

December 12, 2104. Uralvagonzavod Corporation’s personnel healthcare policy won the first prize in the Corporate Practices Contest during the international forum People Investor 2014. The corporation’s press service explains the prize-winning project has to do with the organization of a multi-purpose clinic and health unit in Nizhniy Tagil. The corporation’s Deputy DG for Human Resources Svetlana Ivanilova said at the awarding ceremony that ‘investing in personnel healthcare is a key feature of a socially responsible business today’. The clinic is expected to be one of the solutions to

December 12, 2014. 1.65m sq m worth of housing got commissioned in Sverdlovsk Region in January-October 2014, which was 1.8 times more than a year earlier, Sverdlovskstat reports. Private developers put up 52.1% of these dwellings (859,100 sq m), which was also 1.8 times more than a year earlier. The overall figure includes 142,600 sq m worth of economy class dwellings, which was 2.1 times more than in January-October 2013.

December 12, 2014. A partnership agreement was signed by Chelyabinsk Tube Rolling Plant (ChTPZ) and KAZENERGY, Kazakhstan Association of O&G and energy companies, ChTPZ Group’s press service reports. The agreement was signed by ChTPZ Chairman of the BOD Alexander Fedorov and KAZENERGY Director-General Aset Magauov. The agreement is meant to strengthen the two parties business, educational, and scientific research ties. Both ChTPZ and KAZENERGY proved interested in co-training of vocational cadre, designing educational programs and professional development seminars, developing professional

December 12, 2014. Sverdlovsk Region is now again on the list of federal constituencies that will receive no budget subsidies to help with their expenses in 2015: an order to this extent was signed by Russia’s Finance Minister Anton Siluyanov and published on the ministry’s website. There are 14 constituencies on the list altogether, including Moscow, Saint Petersburg, Khanty-Mansiysky Autonomous Region, Yamalo-Nenetsky Autonomous Region, Tatarstan, and some others. All of these were declared donor constituencies not entitled to any subsidies. This is the first time in five years that

December 13, 2014. Magnitogorsk Iron & Steel Works (MMK) Deputy DG Sergey Laskov and MMK Scientific & Technological Center Chief Manager for Steel-Smelting Oleg Nikolayev were awarded the Russian Federation Government Science & Engineering Prize for development and production of high quality, economically efficient automobile body sheets and for enhancing the Russian metal goods’ competitiveness on the global market, MMK reports. The team of automobile body sheet designers also comprised representatives of other metallurgical companies, carmakers, and I.P. Bardin Central

December 11, 2014. Titan, a 110/10 kilowatt power substation, was launched at Titanium Valley, a special economic zone in Verkhnyaya Salda, Governor of Sverdlovsk Region’s Information Policy Department reports. The new power source is going to be the key electric power provider for the future industrial facilities in the zone. The substation was completed by employees of Sverdlovenergo as part of the innovative cluster development program. The launch of Titan means the company has meat all of its obligations relating to connecting the industrial site to power grids in full.

December 11, 2014. There is an average of 110,000 RUR worth of loans per capita in Sverdlovsk Region, the local human rights ombudsperson Tatiana Merzlyakova said at a press conference. ‘The Mid-Urals’ residents have been borrowing on an enormous scale: there is an average of 110,000 RUR worth of loans per resident at the moment. In fact, this figure does even account for some of the micro-financing organizations, which haven’t been reporting to the state. The actual figure is thus even higher,’ she said. According to Merzlyakova, the increase in the amount of loans resulted in a dramatic

December 11, 2014. Pervouralsk New Pipe Plant (a member enterprise of ChTPZ Group) successfully tested its new 18G1FA steel: this new variety is meant for making hot-worked, cold-resistant oil and natural gas pipes that can meet Rosneft’s standards, the plant’s press service reports. The pipe ingots were cast at the plant’s own electric steel-smelting Iron Ozone 32 unit. ‘This 18G1FA steel pertains to low-alloy steels. The plant uses it to make two kinds of pipes whose strength grade depends on the specific operating conditions they will have to withstand. Following the rolling and the

December 11, 2014. Russia Arms Expo 2013, sponsored by Uralvagonzavod Corporation, won the Event of the Year Prize as B2B Event: the prize is awarded to the best business event for a company’s partners from adjacent sectors of industry. According to the corporation’s press service, the weight of a particular event is assessed against the following criteria: flawless organization, attention to detail, a busy agenda, and the participants’ feedback. The Event of the Year’s judges’ panel comprises representatives of major customer companies, respected cultural and political personalities, media

December 11, 2014. Uralvagonzavod Corporation allocated around 5m RUR to repairing the gym at Volchansk School 23, since the corporation’s head plant’s Volchansk subsidiary has been the school sponsor for some years now. The gym was fully rebuilt in three and a half months: the place now has new floors, new heating, lighting, and ventilation equipment, modern windows, freshly painted walls, remodeled locker rooms, showers, and restrooms. Besides, new sports equipment was bought, including basketball backboards and balls,’ the corporation says. According to Mayor of Volchansk Alexander

December 10, 2014. On behalf of the Agency for Strategic Initiatives, head of ASI Young Professionals Dmitri Peskov thanked ChTPZ Group DG Vitaly Sadykov for the enterprise’s active involvement in WorldSkills Hi Tech, a national blue-collar jobs championship, Pervouralsk New Pipe Plant’s press service reports. ‘Let us congratulate the contestants and experts who represented your company at the competition. We are also grateful to the HR Department for joining the event’s business agenda and exhibition,’ the thank-you letter says. Peskov pointed out industrial enterprises would become more

December 10, 2014. In the nine months of 2014, Sverdlovsk Region-based insurers collected a total of 15.15bn RUR. This was 2.6% less than in the nine months of 2013, SOGAZ Insurance Group’s press service reports. At the same time, the Russian Central Bank’s insurance analysts state the insurance payouts rose to a total of 8.58bn RUR, which was 17.7% more than a year earlier. The accident insurance niche shrank considerably down to 1.75bn RUR (- 32.6% on a year earlier), which was not a typical trend for most other parts of Russia: in the country on the whole, accident insurance premiums

December 10, 2014. Plant 9 (a member enterprise of Uralvagonzavod Scientific & Production Corporation) upgraded two of its loading bridges, which made it possible for the operators not to climb all the way up, the corporation’s press service reports. ‘These heavy lifting devices will now be radio-controlled. A radio control works in much the same way as a ground cable control. An operator makes the device move by pressing a few buttons on the remote control; they can also adjust the speed of movements as well as the speed of lifting weights. The signal zone comes to over 100m. These

December 10, 2014. Sverdlovsk Region Government adopted a draft provision on the minimum wage in the first quarter of 2015. ‘The draft provision under consideration was drawn up in accordance with the local Acts 15 OZ adopted on January 4, 1995 and 47 OZ adopted on May 24, 2013 and is based on a methodology approved by the Russian Federation Government,’ says Sverdlovsk Region Economics Minister Dmitri Nozhenko. He explained the living wage in Sverdlovsk Region would amount to 8,025 RUR a month in the first quarter of 2015 (8,568 RUR a month for a working-age resident, 6,622 RUR for a

December 10, 2014. The number of Sverdlovsk Region residents applying for a certificate of title decreased by 5% in eleven months of 2014 compared with a year earlier, Rosreyestr’s local division reports. At the same time, the number of mortgage interests applications rose by 11% compared with January-November 2013. Increasingly more people apply for United State Property Register statements: this year, the figure was up 65% on last year. Rosreyestr’s experts believe this has to do with the viability of their online service and with enabled exterritorial enquiries.

December 9, 2014. Governor of Sverdlovsk Region Evgeniy Kuivashev requested the local officials to look into the possibility of offering residents of the Mid-Urals-based industrial parks a tax holiday, Governor of Sverdlovsk Region’s Information Policy Department reports. Kuivashev’s proposal will be taken into account during the drafting of the local legislation on special economic zones. These preferential terms will be offered to Bogoslovsky Industrial Park as soon as next year, as Krasnoturyinsk Duma is planning to offer the park’s residents a break from land tax till the year 2020. The

December 9, 2014. ChTZ Uraltrac (a member enterprise of Uralvagonzavod Corporation) is going to deliver two swamp tractors T10MB to Ufa, Bashkiria, by order of a large construction company, the corporation’s press service reports. ‘These are serially produced swamp tractors with mechanical transmission, which are, however, special in that there is space provided at the rear to attach a post driver: this will be completed by our partner in Bashkiria. The vehicles will be used for ground improvement at construction sites. The two tractors are now being prepared for shipment at the delivery

December 9, 2014. The Ural Bank for Reconstruction & Development’s Board of Directors decided to go through with a bond issue. The bank expects to issue BO 10, BO 11, BO 12, and BO 13 series exchange-traded bond with the total face value of 10bn RUR, the UBRD’s press service reports. The bond issues will all go into circulation in 2015. BO 10 and BO 11 bond issues will amount to 2bn RUR each, whereas BO 12 and BO 13 bond issues will amount to 3bn RUR each. The face value per bond comes to 1,000 RUR. The said bond issues will be special in that coupon payments will be made on a quarterly