June 13, 2013. A big meeting on issues relating to the quality of goods the company makes was held at Ural Locomotives (a joint venture run by Sinara Group and Siemens AG based in Verkhnyaya Pyshma, Sverdlovsk Region). Vice President of Russian Railways and Director of the Traction Department Alexei Vorotilkin, some representatives of the Technical Audit Center and Russian Railways’ departments and local divisions, and industrial scientists and suppliers attended the event. The Quality Day was mainly targeted at organizing the multi-faceted co-performance of the manufacturing plant with the

June 13, 2013. The world’s best-known futurologists and pioneers in their fields – scientists, business gurus, and experts on technology and innovation – are coming to Yekaterinburg on July 11 to take part in the second forecasting session within the framework of Innoprom International Industrial Exhbition (July 11-14, 2013). This year, the foreign visitors will share their vision of the future developments in Technological Breakthroughs: Where and When? Just like a year earlier, the forecasting session will be moderated by journalist and writer, TEFI laureate and the Book of the Year nominee

June 11, 2013. Nine employees of Uralvagonzavod, the head plant of Uralvagonzavod Scientific & Production Corporation, and three representatives of Ural Transport Machine-Building Design Office (a corporation member enterprise as well) were given the Russian Federation’s supreme state awards. The awards for their outstanding work achievements were given out by Plenipotentiary Representative of Russian Federation President in Ural Federal District Igor Kholmanskikh in the course of a solemn ceremony in his official residence in Yekaterinburg, Uralvagonzavod Corporation’s press service

June 11, 2013. The agenda of the forum and the concept of Sverdlovsk Region stand are almost ready for the 4th Ural International Industry & Innovations Forum & Exhibition Innoprom 2013 that will be held in Yekaterinburg on July 11-14. All of Sverdlovsk Region ministries, departments, and municipalities are taking part in drawing up the agenda, Sverdlovsk Region Government’s Press Service & Information Administration reports. According to Formica Group Marketing Director Anton Atrashkin, ‘the business agenda of the exhibition is 90% complete’. Russian Prime Minister Dmitri

June 11, 2013. Pervouralsk New Pipe Plant (PNTZ, a member of ChTPZ Group) completed a scheduled overhaul of its pipe and tube mill 30-102 at one of its primary departments, ChTPZ press service reports. Under the current upgrades program, 107 tons of obsolete equipment that was launched as early as in the 90s were finally dismantled and replaced with new machines. These changes involved the entire technological pipe production chain, including the main mechanical and electric machines, barrel-type furnaces, mechanical appliances, the grease and liquid lubricating systems, pipe conduits, and

June 11, 2013. VUZ-Bank’s capital came to more than 2bn RUR: the figure came to 2,016,637,000 RUR on June 1, 2013, which was 10%, or 179m RUR more than at the beginning of the year, the bank’s press service reports. The bank’s own funds increased due to growing profits. As of June 1, 2013, VUZ-Bank’s net profit exceeded 200m RUR since the beginning of the year. This positive dynamic was due the improved performance indicators: lending volumes and a growing share of the commission-based services (money orders, cashless payments, e-, and m-banking for both private individuals and corporates).

June 11, 2013. An inspection by Sverdlovsk Region public prosecution authorities ended up with the institution of criminal proceedings, with charges based on Article 180 (part 1) of the Russian Federation Criminal Code (trademark abuse resulting in large-scale damage). The spokesperson for the authorities explains that in May 2013, a clandestine shoe-making enterprise was discovered in the village of Atig, Nizhneserginsky District. The workshop produced fake Chanel shoes and employed over 100 Central Asia natives. The police officers confiscated about 3,600 pairs of shoes then. The

June 10, 2013. Visitors to Chelyabinsk Tractor Plant’s stand at Russia’s leading road construction vehicles exhibition STT-2013 were invited to see a film on the vehicles produced by the plant that starred in feature films, Uralvagonzavod Corporation’s press service reports. The film was made by the crew of Uralvagonzavod Corporation on the basis of a script written by the plant newspaper’s reporters. The collection of bits where the company vehicles are ‘co-starring’ with actors was originally presented in a newspaper version. The script writers found about 40 Russian and foreign motion

June 10, 2013. Yekaterinburg will have nice climate conditions to offer during the EXPO 2020 compared to other candidate cities. Its temperate climate minimizes health risks as well as problems arising from large crowds of people gathering together on hot days, the city’s official web portal says. In the summer, the temperature range in Yekaterinburg varies between 17 and 22 degrees centigrade; in the fall, its between 5.5 and 10 degrees centigrade. What is more, the city has comfortable relative air humidify figures: during the exhibition, they will vary between 52% and 73%. Even though the

June 10, 2013. Sverdlovsk Region technological parks development committee decided to place Sinarsky Techno Park on its register. Thus the total number of local techno parks now comes to 13, Sverdlovsk Region Government Press Service & Information Department reports. Sinarsky Techno Park is based on the site of Sinara Pipe Plant in Kamensk-Uralsky and the plant is going to act as the primary enterprise, while Sinarskaya Management Company was set up to act as a management company. ‘The techno park’s production and lab facilities occupy the area of 10,000 sq m, with residents based on

June 10, 2013. Sverdlovsk Region’s leading experts talked about the prospects of further promoting Yekaterinburg’s application for the right to host the EXPO 2020 exhibition and about the areas that need special attention during a round table discussion on Yekaterinburg in the range from hosting the Russia-EU summit to welcoming EXPO 2020 on June 6, Governor of Sverdlovsk Region’s Information Policies Department reports. The discussion participants gathered round a model of the would-be EXPO part that the Governor Administration First Deputy Head Vadim Dubichev said was a historically

June 10, 2013. Russia’s foreign trade turnover dropped by 0.7% in the first quarter of 2013 against January-April 2012 and came to $267.6bn. The export figures amounted to $168.8bn RUR (a 4.1% decrease). For one, copper export declined by 24.8% and nickel export dropped by 35.6%, the Federal Customs Service’s website reports. Most of the goods exported by Russia to the far abroad were fuel and energy ones (their share in the export volume was 75.1% against 73.7% in January-April 2012). The physical volume of gasoline exports rose by 15.6% and that of coke rose by 26.6%. The share of metals

June 7, 2013. A solemn ceremony to designate the start of the construction process took place on the site of UVZ Baltija future plant in Jelgava, Latvia. This plant will become a part of Uralvagonzavod Scientific & Production Corporation. The corporation’s press service reports that the ceremony, which included the burying of a time capsule, was attended by Latvian President Andris Bērziņš, Russia’s Industry & Trade Minister Denis Manturov, and Uralvagonzavod Scientific & Production Corporation DG Oleg Sienko. ‘This plant is more than just a new production facility. This

June 7, 2013. In 2013, ChTZ-Uraltrac (a member of Uralvagonzavod Scientific & Production Corporation) is planning to ship 1,360 vehicles to consumers, which is 10% more than last year, the plant’s DG Andrei Sentyabov said at the STT-2013 Exhibition in Moscow. ‘ChTZ-Uraltrac still has the largest share of the market in the 10-ton drawbar category segment. The companies that shape the Russian economy are still our long-time partners, these are: Gazprom enterprises, Russian Railways, UES, Alrosa, Norilsk Nickel, UMMC, Spetsstroy, as well as the Federal Security Service, the Department of

June 7, 2013. Seversky Pipe Plant (STZ), a member of Pipe Metallurgical Company (TMK), recently launched a ready-mix station meant for producing building materials; this was a joint project with Remstroygroup, TMK press officer reports. The new ready-mix station is a highly productive modern unit for concrete and concrete solution with the capacity of up to 60 m3 an hour. The unit has a numerical control system and can make up to 1,000 m3 of building materials a day. The new ready-mix station’s three receiving bins make it possible to produce both custom concrete and building mortar. It’s

June 7, 2013. Pipe Metallurgical Company (TMK) took part in the international metallurgical forum on Russian steel industry and its global market. Russian Steel, a non-commercial partnership that unites the country’s largest metallurgical produce manufacturers, acted as the conference’s general partner and Metally Evraziyi magazine was the conference organizer, with some support from Russia’s Industry & Trade Ministry, TMK press service reports. TMK Chairman and Russian Steel Chairman of the Supervisory Board Dmitri Pumpyansky opened the forum with his welcoming address. He pointed out

June 7, 2013. The Ural Bank for Reconstruction & Development (UBRD) is now offering discounts to customers performing foreign currency transactions. The discounts were launched on May 29 and are available in all of the bank’s branches. If you buy a sum ranging between 10,000 and 50,000 USD/EUR/GBP, the discount might come to 0.02-0.04 RUR. The greater the sum, the greater the discount. According to UBRD Foreign Currency Group’s Director Ruslan Khamzin, the discounts offered on a sum equal to or exceeding 50,000 USD/EUR/GBP are discussed on a case-by-case basis. This discount and loyalty

June 6, 2013. Uralvagonzavod is going to deliver its multi-purpose TMV-2 vehicle to Railway Carriage Repair Company. A contract to this extent will be signed at the Construction Vehicles and Technologies Exhibition in Moscow today, Uralvagonzavod Scientific & Production Corporation’s press service reports. The contract will be signed by the corporation’s Deputy Director-General for Railway Vehicles Andrei Shlensky on behalf of Uralvagonzavod Scientific & Production Corporation and by Director of Management Company Evgeny Podalinsky on behalf of Railway Carriage Repair Company. Under

June 6, 2013. In the first quarter of 2013, bank deposits in the 700,000 RUR to 1m RUR range grew the fastest; so did those in the 400,000 RUR to 700,000 RUR range: the figures grew by 11.5% and 8.2%, respectively. The volume of bank deposits that are more than 1m RUR big rose by 6.6%, so, just like in Russia on average, the local bank deposits mainly grew thanks to those that are bigger than the ensured sum of 700,000 RUR and thanks to those that were falling within the 400,000 RUR to 700,000 RUR limit. Bank deposits that are under 100,000 RUR big were actually on the decline: their volume

June 6, 2013. Uralvagonzavod is going to deliver its multi-purpose TMV-2 vehicle to Railway Carriage Repair Company. A contract to this extent will be signed at the Construction Vehicles and Technologies Exhibition in Moscow today, Uralvagonzavod Scientific & Production Corporation’s press service reports. The contract will be signed by the corporation’s Deputy Director-General for Railway Vehicles Andrei Shlensky on behalf of Uralvagonzavod Scientific & Production Corporation and by Director of Management Company Evgeny Podalinsky on behalf of Railway Carriage Repair Company. Under