June 25, 2013. On June 20, 2013, a solemn opening ceremony of the internal protective pipe coating department took place at TMK NefteGasService Nizhnevartovsk (TMK NGS-Nizhnevartovsk, a member of Pipe Metallurgical Company (TMK)), the company’s press service reports. The event was attended by representatives of oil-producing companies – LUKoil, Rosneft, and Tatneft, and those of oil-related services companies and local oil production market operators. The traditional red ribbon at the new department was cut by TMK Deputy Director-General for premium products and services and TMK

June 25, 2013. Ural Airlines reduced the price of a direct flight from Nizhniy Novgorod to Prague and back. Passengers can now buy a ticket for only 9,589 RUR less than two days before the flight on any day between June 21 and September 15, 2013, the airline’s press officer reports. Starting June 24, 2013, Ural Airlines passengers can also save money on their Prague-bound trips by booking early. A ticket for the flight from Nizhniy Novgorod to Prague and back will only cost 10,621 RUR (exchange rate good as of June 21) if booked more than two months in advance. If you book more than 30 but

June 24, 2013. ChTZ-Uraltrac (a member of Uralvagonzavod Scientific & Production Corporation) will complete its large-scale delivery of vehicles to Tatneft. The corporation’s press service reports that the oil company will receive 14 B10M and B12 bulldozers, 11 TR20 pipe-laying vehicles, and 6 units meant for making trenches. ‘A half of the assembled tractors have hydro- mechanical transmission, which makes operating them easier. What is more, they are fitted with the Webasto starting pre-heater, a heating system inside the pit, and a special system for preventing the caterpillar treads

June 24, 2013. A Russia-India business conference took place on the first day of Saint Petersburg International Economic Forum; the event was attended by Russia’s Minster for Industry & Trade Denis Manturov and his Indian counterpart Anand Sharma. It was said that the two countries’ cooperation was seen as a preferential strategic partnership based on close and multi-faceted trade and economic and investment relations. The conference participants spoke about further expansion of their bilateral cooperation relating to both systemic collaboration issues and the implementation of specific

June 11, 2013. The World Steel Association carried its annual rating of the world’s largest steel-making companies recently. The WSA’s Top Steel-Producing Companies 2012 list numbers 40 enterprises, and Magnitogorsk Iron & Steel Works (MMK), with its 13m tons of steel produced last year (given MMK Group’s output on the whole), was given the 26th position in the rating. This was as many as four positions better than a year earlier. All in all, the Top40 list features four Russian manufacturers, and Russia itself, with its 70m tons of steel produced last year, came 5th in the rating of the

June 12, 2013. Magnitogorsk Metal Goods Plant (MMK-METIZ) won in the All-Russian 100 Best Organizations & Enterprises in the Country 2012 Contest in the Best Industrial Enterprise category. The contest coordinator - the Innovations & Development International Forum – singled MMK-METIZ out of hundreds of other contestants, thus admitting the enterprise’s success in the industrial production field in 2012. The contest is meant to promote the Russian organizations and enterprises’ development, to enhance the efficiency and quality of their work, and to facilitate the professional

June 24, 2013. President and Supervisory Board Chairman of the Russian Sberbank German Gref commented on the positive development dynamics in the way Chelyabinsk Tube Rolling Plant (ChTPZ) was paying off its loan; this was the message addressed by the top official of the bank that heads the syndicate of ChTPZ creditors to Russia 24 reporters in the course of Saint Petersburg Economic Forum held on June 20-22. ‘This is a very complicated case of restructuring, the amount of debt is quite large, so it took the syndicate a long time to coordinate this scheme, it took many months, in fact. At the

June 21, 2013. A round table discussion was held on the premises of Uralvagonzavod, the head plant of Uralvagonzavod Corporation. The discussion was dedicated to freight forwarding, traction equipment, and railway carriages. One out of nine round table discussions was coordinated in accordance with the ruling of Russian Railway Industry Workers’ National Council and was part of preparing for the 1st conference of the railway industry workers based in Ural Federal District, the corporation’s press service reports. All of the round table discussion participants pointed out that the railway

June 21, 2013. Yekaterinburg Council presented the concept of the city’s stand to be featured at Innoprom -2013. According to the Council’s press officer, the concept provides for a 24/7 site that can be used for holding discussions, making presentations, and signing contracts. For one, the concept designers believe the site will be used for signing an agreement with Gorset, regarding the creation of a cable duct system, for hosting the World Computer Programming Championship of 2014 and the World Cup 2014 Supporters Festival, for signing a project on the development of the street and road

June 21, 2013. Sinara Pipe Plant (SinTZ, a member of Pipe Metallurgical Company/TMK), coordinated a number of charity events for the children in the orphanages the company sponsors. Most of these events were organized and carried out by the plant’s A.I. Brizhan Youth Council, the company’s press service reports. For one, a kids and teens festival called Hope Cup was held in Kamensk-Uralsky–based Sinara Orphanage for students from orphanages, boarding schools, and secondary schools of Kamensk-Uralsky and Sverdlovsk Region. Children from 8 educational establishments competed in pioneerball,

June 21, 2013. Consumer rights protection experts from Central Yekaterinburg Branch of Sverdlovsk Region Hygiene & Epidemiology Center helped a customer of Trust National Bank to get back over 50,000 RUR that he had overpaid in terms of fees and commissions. The branch informed UrBC that the man took out a 170,000-ruble loan at the bank and paid back the total of 340,000 RUR by the end of the loan period. After this, he consulted the Center experts to arrange a court claim against the bank. After the claim had been considered, it was ruled that the bank’s actions did not comply with the

June 21, 2013. President of Russian Railways Vladimir Yakunin and Director-General of Yamal Railway Company Yakob Kraft signed a bilateral agreement that provides for redirecting up to 11m tons worth of freight a year to Northern Latitudinal Passageway that is currently under construction, Development Corporation’s press service reports. This document serves as an additional guarantee of the fact that a lot of the cargo that is bound for the ports located in Russia’s North-West and is now transported via the Trans-Siberian railway links will be redirected to the railways of Northern

June 20, 2013. Chelyabinsk Tractor Plant (ChTZ, a member of Uralvagonzavod Corporation), fulfilled its contract for the delivery of 10 B10M bulldozers to the oil and gas companies in Bashkiria, Uralvagonzavod Corporation’s press service reports. Bashneft is now using a vast fleet of road construction vehicles and upgrades it on a regular basis, so ChTZ local representative Vigma that promotes the plant’s produce in Bashkiria won the tender for the new vehicles. The bulldozers were directed to Bashneft Technological Transport Division in Oktyabrsky; from there, the vehicles will be transferred

June 20, 2013. Uralvagonzavod Scientific & Production Corporation and Railway Carriage Repair Company signed a contract for the delivery of TMV-2, a multi-purpose vehicle, to the latter. The Corporation’s press service reports that the document was signed by the holding’s Deputy DG for Railway Vehicles Andrei Shlensky and Head of Railway Carriage Repair Company’s Management Company Evgeny Podalinsky. Under the terms of the contract, Uralvagonzavod Scientific & Production Corporation is to deliver one TMV-2 to the customer’s subsidiary in Khilok, Zabaikalye Territory, before mid-July,

June 20, 2013. Magnitogorsk Iron & Steel Works DG Boris Dubrovsky’s decree introduced an environmental protection investment program for 2013-2015, the company reports. The main idea behind the program is to facilitate the implementation of MMK’s environmental policy, improve the enterprise’s environmental management system, facilitate meeting the environmental legislation requirements, and ensure environmental safety. Some of MMK’s major environmental investment projects in the next two years have to do with the company’s sintering plant. For one, a number of sulfur-trapping units will

June 20, 2013. Magnitogorsk Iron & Steel Works (MMK) presented its estimate of the long-term metallurgical goods market’s development at the International Metallurgical Summit on Russian Steel and the Global Market: A Look into the Future that took place in Moscow this week. Up to 2020, the world’s metallurgical industry will mainly be affected by the volatility of the global economy and the booming growth of the developing countries. This is particularly true of Southeast Asia, India, the Middle East, North Africa, and some Latin American countries, MMK Business Development &

June 20, 2013. On June 20, 2013, the new internal coating department will be launched at TMK NGS-Nizhnevartovsk (earlier known as UpoRT) in the course of a solemn opening ceremony, TMK press service reports. Governor of Khanty-Mansiysky Autonomous Region, Nizhnevartovsk Council officials, and representatives of the region’s leading oil producers have been invited to attend the opening. TMK NGS-Nizhnevartovsk has therefore implemented its investment project on creating an internal coating department for pipes with the diameter of 73-168mm. The reconstruction of the casing tubing section

June 19, 2013. A new, modern outdoor asphalt concrete plant Bernardi MIC 100/125 that was recently launched on the premises of Uralvagonzavod has reached its projected capacity by now. The maximum productivity comes to 175 tons an hour; the plant belongs to Uralvagonzavod’s daughter enterprise UBT-Service. The new plant was assembled during the difficult spring-time conditions, but, even so, all the jobs were completed very fast – within one month. During the start-up and commissioning, the plant operated at 130 tons an hour and produced 600 tons of asphalt within five hours. The first 400

June 19, 2013. After EXPO 2020 exhibition comes to an end in Yekaterinburg, the city will be left will a full-fledged district suitable for living in, head of Yekaterinburg Administration Alexander Yakob said when looking at the preliminary results of implementing the city’s Strategic Development Plan. He says a land allotment of 550 hectares has been reserves on the right bank of Verkh-Isetsky Pond to house both EXPO Park and EXPO Village. ‘Pavilions will be built for the participant countries to host their shows, as well as a residential area for the support personnel during the

June 19, 2013. Representatives of forty-five African countries are going to visit Yekaterinburg as part of the Ural-Africa Economic Forum during Innoprom-2013. According to Sverdlovsk Region Government’s Press Service & Information Department, the event is planned within the framework of Russian-African relations development: this was stated as one of the country’s foreign affairs priorities in the President’s decree issued in May. The forum is coordinated by Russia’s Foreign Affairs Ministry, EXPO 2020 Application Committee, the Industry & Trade Ministry, and Russia’s Chamber of