April 4, 2014. Prices on Yekaterinburg existing homes market kept growing slightly in January-March 2014; by the end of the quarter, the figure was 2% higher than at the beginning of the year, Ural Chamber of Real Estate's press service says. Prices increased by 1% to 2.8% depending on the market segment. According to the Chamber's analysts, the median price of one square meter of existing housing put up to sale amounted to 74,251 RUR on March 31, 2014. The supply declined by 11% compared with the start of the year. There are currently 7,500 apartments in the Chamber's

April 4, 2014. Three office buildings have been commissioned in Yekaterinburg since the beginning of the year – Chaikovsky, Arena, and the building within the Clever Park Unit. This amounts to 19,400 sq m worth of office space, Ural Chamber of Real Estate's press service says. As for last year. For instance, 47,000 sq m worth of office buildings and similar facilities were put up. The demand for office space still remains high, Despite the fact that new buildings get added to the market supply en masse, the availability of vacant office space actually kept going down during the year. The

April 4, 2014. The shareholders of Uralelectromed approved of UMMC Holding taking out a $1bn loan from Sberbank of Russia, the issuer's official statement says. Uralelectromed is going to act as the guarantor of the deal that will entitle UMMC holding to a renewable CL from Sberbank between February 10, 2014 and August 10, 2015. Under the terms of the deal, the bank offers funds to finance the company's operating activity, including, but not limited to, paying off loans offered to the company by Gazprombank, Alfa Bank, VTB, and Rosselkhozbank.

April 4, 2014. Transport Machine-Building Design Office (KBTM, a member enterprise of Uralvagonzavod Corporation) is taking part in the 10th Best Enterprise in Social Partnership System Contest that is held among machine-building enterprises and is dedicated to the 80th anniversary of the All-Russian Union of Defense Industry Workers (OBORONPROF). According to the corporation's press service, the event was coordinated by the Russian Federation Ministry for Industry & Trade's Conventional Weaponry, Ammunition & Special Purpose Chemicals Department, the All-Russian Union of

April 4, 2014. The coordinators of Magistral 2014, the Ural Transport Show, launched an official website and a video advertisement for the event to demonstrate this year's new colors and logos and the concept of the event. Uralvagonzavod Corporation's press service reports. The show's business agenda comprises a series of round table discussions on the most vital topics related to production, purchase, and servicing of regular and special-purpose vehicles. A lot of attention will be paid to industrial engineering, resource saving, lean production, industrial outsourcing,

April 3, 2014. The metal-cutting unit HEC-1250 was assembled and commissioned at Chelyabinsk Tractor Plant (ChTZ, a member enterprise of Uralvagonzavod Corporation). The corporation's press service reports that block cases for modern engines will be produced with the help of this unit. 'This giant is eight by eight meters big and over four meters high. The supervised installation was carried out by the representatives of the German company Heckert Mattias Leitner and Michael Priglinger,' the message says. This is not the last gigantic mill that will arrive at the plant's

April 3, 2014. Ural Investigative Division of Russia's Investigative Committee for Transportation instituted criminal lawsuits with charges of large-scale fraud and abuse of power (Article 159 (Part 3) of the Russian Federation Criminal Code) against the former accountant of a vocational school affiliated with Ural State Railway University, Russia's Investigative Committee's press service reports. The investigative team believe that the former accountant embezzled the school money every month between August 2010 and December 2013. The damage done to the school was estimated at

April 3, 2014. Only 20% of Russia-based entrepreneurs used government support to develop their business, and another 10% are currently considering this option, President of Russian Union of Industrialists and Entrepreneurs Alexander Shokhin said at the 2nd Institutes for Development Forum in Yekaterinburg. 'The idea simply does not occur to some people, while others have no information on this point. A lot of businesspeople do not meet the criteria set forth by the institutes for development. The entrepreneurs themselves often feel the support mechanism is too complicated, and too much

April 3, 2014. The coordinators of Magistral 2014, the Ural Transport Show, launched an official website and a video advertisement for the event to demonstrate this year's new colors and logos and the concept of the event. Uralvagonzavod Corporation's press service reports. The show's business agenda comprises a series of round table discussions on the most vital topics related to production, purchase, and servicing of regular and special-purpose vehicles. A lot of attention will be paid to industrial engineering, resource saving, lean production, industrial outsourcing,

April 3, 2014. Ural Airlines is launching a spring sale and offering discounts on Yekaterinburg-Dubai and Dubai-Yekaterinburg flights, the airline's press service reports. Ural Airlines' customers can now book tickets for Yekaterinburg-Dubai-Yekaterinburg flight at the special price of €327 (all fees included; this is a limited offer). This price is valid through May 31, 2014. 'A spring break in Dubai is a true paradise for everyone who would like to have an unforgettable time. You will see the fantastic hotels and unbelievable skyscrapers, the snow-white sandy beaches, the

April 2, 2014. The People's Republic of China is interested in the delivery of processed meat and dairy products via a direct flight from Yekaterinburg to Harbin. The cooperation prospects were discussed at Sverdlovsk Region Minister for International and Foreign Economic Ties Andrei Sobolev and Harbin Trade Bureau Deputy DG, the Ministry's website states. 'A direct Harbin-Yekaterinburg flight loaded with goods ordered by local residents over the Internet is operated daily, while the return flight usually goes back nearly empty. We would like to take the advantage of this fact

April 2, 2014. KBTM (a member enterprise of Uralvagonzavod Scientific & Production Enterprise) coordinated a walking tour of the premises for the students of Omsk Lyceum 25 who specialize in sciences. According to the corporation's press service, the young students had a unique opportunity to visit the tank assembly shop where they could see the production process with their own eyes and even take part in it. The event was coordinated by the Labor & Economic Development Ministry and KBTM Personnel Training Department. The tour was part of Omsk Region Government's decision to

April 2, 2014. The would-be 'white metallurgists' underwent internships at Gazprom facilities. Within one week, students from ChTPZ Group's Training Center were delivered a series of lectures in Noviy Urengoi Vocational School for Gas Industry, paid visits to the natural gas and oil-producing facilities and looked into the technology of producing, transporting, and processing of natural gas as well as got acquainted with the modern requirements imposed on the O&G equipment in the Polar North, ChTPZ Group's press service says. 'It is essential for us as the future

April 2, 2014. A multi-purpose turning and milling processing unit Weingartner 850-10000 from Austria was installed at Plant 9 (a member enterprise of Uralvagonzavod). 'This is a unique piece of equipment no like of which has been used by the company before,' the corporation's press service reports. Employees from the plant's Tech Center took part in the assembly process, as did about ten Russian and foreign external experts, including assembly workers from Austria, who represented the producer country. 'The assembly took a few weeks to complete and required some

April 2, 2014. A project on multi-faceted development of Krasnoturyinsk in 2014-2017 was adopted at Sverdlovsk Region Government meeting recently. Governor of Sverdlovsk Region's Information Policies Department reports that the expected financing should come to some 11bn RUR. Creating industrial jobs (including those at Bogoslovsky Industrial Park) for 3,100 residents of Krasnoturyinsk is going to become one of the key success indicators for the program. In order to make the town's socioeconomic situation more stable, the local enterprises' investment activity must be targeted

April 1, 2014. Four employees of Uralvagonzavod Corporation were awarded medals of the For Merit to the Fatherland Order (II Degree). The prestigious state awards were given to the corporation's head plant workers by Plenipotentiary Representative of Russian Federation President in Ural Federal District Igor Kholmanskikh, the corporation's press service reports. The awarding ceremony took place at the Plenipotentiary Representative's residence. Igor Kholmanskikh thanked the awardees for their achievements and dedicated service personally as well as on behalf of the Russian

April 1, 2014. Over thirty educational establishments from 11 different cities are going to take part in the second Sverdlovsk Region Worldskills Ural-2014 Championship, ChTPZ Group's press service reports. The championship is coordinated by an NGO called the Greater Eurasian University Complex which is a local coordination center for WorldSkills Russia in Sverdlovsk Region and which operates on the premises of Ural Federal University and ChTPZ Group. 32 educational establishments from 11 Russian cities applied to take part in the championship. The shortlist of finalists comprises

April 1, 2014. The net loss of Uralmashzavod amounted to 3,052,667,000 RUR in 2013, which is 871,143,000 RUR more than in 2012, the issuer's annual accounting report states. The company's revenue decreased from 10,481,170,000 RUR in 2012 down to 7,179,381,000 RUR in 2013. For one, the revenues coming from the sales of automobiles and machinery reached 5,060,906,000 RUR in January-December 2013 against 7,417,848,000 RUR in January-December 2012.

April 1, 2014. MSA, Rimera Group's plant located in the Czech Republic, is going to deliver a set of pipeline accessories for Gazprom's Punginskoye underground gas storage facility, ChTPZ Group's press service reports. MSA is going to deliver over €10m worth of produce to Gazprom this year altogether. Following the first tender procedures, Rimera's MSA started making a large batch of pipeline accessories that comprises 535 ball valves with the diameter of 2” to 20”, Class 150-600. The accessories will be shipped in April and May 2014. All of the produce that is going to

April 1, 2014. Chelyabinsk Tractor Plant (ChTZ, a member enterprise of Uralvagonzavod Corporation), started making a new kind of vehicles – tractive sections for TMV 2 carriages. The machine was originally designed as an alternative to the diesel-locomotive shunter. The section is meant to replace the shunter primarily on the railways operated by industrial enterprises and therefore to reduce spending on the transportation of carriages and putting together trains where keeping a locomotive and a loco team or renting the expensive machinery make no economic sense. The new mechanism can also be