May 6, 2013. 3,000 employees of Uralvagonzavod Scientific & Production Corporation’s head plant took part in the annual clean-up Saturday, the corporation’s press service reports. Under the Director General’s order, all of Uralvagonzavod’s structural divisions had to make sure some of their employees took part in the event on April 24-27. Cleaning up the company premises and the streets of the neighboring Dzerzhinsky District is one of the corporation’s old-time customs. The streets look quite dirty after the long winter and during the snow-melting period, so cleaning up is a necessary

May 6, 2013. On April 25-26, the 11th Young Workers Conference took place at Uralvagonzavod Scientific & Production Corporation’s head plant. This year’s reports had one theme in common: the corporation’s development potential in the context of entering the global economy, the corporation’s press service reports. Supporting the young employees’ activity and improving their professional skills as well as getting them involved in the company life were the main goals of the conference coordinators. More than 600 young workers and managers from 117 divisions of the corporation took part in

May 6, 2013. The Labor & Employment Department of the Turkish Province of Hatay declared MMK Metalurji (a member of MMK Group) the winner of the Best Employer contest in 2012, MMK PR Department reports. The Labor & Employment Department of the Turkish Province of Hatay, where ММК Metalurji facilities are located, spoke very highly of the company’s contribution to creating jobs in the area and thanks MMK top management for their efficient interaction with the local authorities and improving the situation on the local labor market. The awarding ceremony took place in Antalya on April

May 6, 2013. Chelyabinsk Tube-Rolling Plant (ChTPZ), Russia’s leading pipe good manufacturer and supplier of integrated solutions for the O&G sector, came up with a performance report for 2012. The company’s revenues went up by 3% last year and amounted to 116,882m RUR, the company’s press service reports. The plant’s gross profit increased by 8% against 2011, its EBITDA rose by 17% and came to 20,210m RUR, which was the record figure in the last 5 years. Its EBITDA margin rose by 2.2% and amounted to 17.3%. The increase had to do with larger volumes of weldless pipe shipments, including

May 6, 2013. Yekaterinburg is now third in the national rating in terms of the number of hypermarkets operating here, INFOLine Information Agency’s website states. Remarkably, even though there are quite a few big supermarkets already present there, it was Saint Petersburg where most new hypermarkets opened last year – Prisma-3, Auchan, Okay and Russia’s currently only FMCG K-Ruoka run by KESKO Group – seven stores altogether. INFOLine analysts looked at over 240 non-capital cities with the population of over 50,000 people and found out that there are now hypermarkets in 130 out of the 240

April 30, 2013. UV-Logistic became the owner of 10,000 carriages today, Uralvagonzavod Corporation’s press service reports. ‘We congratulate the company team on this event,’ the enterprise’s message says.

April 30, 2013. Ural Transport Machine-Building Design Office – a member enterprise of Uralvagonzavod Scientific & Production Corporation – received an employer trust certificate recently. The certificate was signed by heads of Sverdlovsk Region division of State Labor Inspectorate, Sverdlovsk Region Union of Industrialists & Employers, Ural Chamber of Commerce & Industry, and Federation of Sverdlovsk Region Trade Unions. The certificate was given to the company at the international conference dedicated to labor safety as part of a good job. The famous tank-designing office’s

April 30, 2013. A protocol of intent was signed by the Mid-Urals Government and the Japanese holding Mitsubishi Heavy Industries Environmental & Chemical Engineering Co. Ltd. This has to do with the decision to set up an enterprise that will deal in design and production of waste-burning equipment in the Titanium Valley Special Economic Zone. The protocol was signed by Governor Evgeny Kuivashev and the Japanese company’s President Kazuaki Kimura. Now Japan is currently the world’s leader in the waste-recycling industry: 1,800 out of 2,400 waste-recycling plants that exist all over the

April 30, 2013. ‘How much money does one need to feel they can afford anything they want?’ – that was the question that the Public Opinion Fund analysts asked Russian citizens. In fact, they found out what Russians thought of their financial status first. It turned out that the overwhelming majority of respondents rated their family’s quality of life as average, including those respondents whose monthly income comes to more than 30,000 RUR and those who make less than 10,000 RUR a month, SKB-Bank’s press service reports. In their answer to the question, ‘What monthly income do you feel would

April 30, 2013. Koltso Urala Bank paid the coupon yield on the second coupon period of its own 01 Series bonds. The bond owners received the coupon yield of 57.66 RUR per bond, given that the coupon interest rate comes to 11.5% a year. So the total interest paid on the second coupon amounted to 57.66m RUR, the bank’s press officer reports. Now Koltso Urala Bank went through with the first issue of 1bn-RUR worth of 01 Series bonds on April 27, 2012. The bonds are to be in circulation for three years (1,098 days), with an offer option in one year’s time. On April 17, 2013, the issuer declared

April 29, 2013. A pilot oil tank car 15-5117 meant for transportation of light oil got assembled at Uralvagonzavod’s pressing and welding department. One of the new tank’s peculiarities consists in a light-weight platform framework and additional strength added to the tank, Uralvagonzavod Corporation’s press officer reports. This is the second pilot oil tank-car 15-5117 assembled at the plant; the first sample is being subject to a mechanical run test at the moment. The new product from Uralvagonzavod’s pressing and welding department will soon undergo trial testing at the company’s

April 29, 2013. Chelyabinsk Tractor Plant (ChTZ, a member of Uralvagonzavod Corporation) completed the assembly of four multi-functional processing centers produced by the Austrian firm WFL, Uralvagonzavod’s press service reports. The units are installed on the promising technologies production sites, and they now operate 24/7. The new machinery will be used to produce car parts for different series of engines, including the new engine family T. All one has to do is feed a billet into the system in order to get a part that has received completed mechanical treatment at the exit. A single

April 29, 2013. The recent annual meeting of Sverdlovsk Region Union of Machine-Building Enterprises was attended by the region’s Vice Premier Alexander Petrov. The Union Chairman Alexei Molotkov reported on the regional machine-building industry’s performance in 2012 and on this sector’s targets and development prospects in 2013, Sverdlovsk Region Government’s Press Service & Information Department reports. ‘The year 2012 was quite successful for the local machine-building sector: the revenues kept going up, as did the shipment volumes. An overwhelming majority of enterprises came back

April 29, 2013. The annual general meeting of Ural Airlines shareholders took place on April 25. The agenda of the meeting covered points such as deciding on the members of the Board of Directors, approving the company’s annual report for 2012 and of the accounting report, distribution of profit at the end of the financial year, approval of related party transactions, and so on, the airline’s press service reports. The year 2012 was quite special in that there emerged a number of positive factors that ensured an increase in the company’s production output: the number of aircraft the airline

April 29, 2013.In 2013, the growth of Bank Svyaznoy’s loan book will slow down to 20% to 30% a year. This is a drop down from the previous 130% caused by the Central Bank’s regulatory measures, the bank’s majority shareholder Maxim Nogotkov said in his interview to Prime. Credit cards issued to private individuals currently make up the better part of the loan book; however, Svyaznoy had to halt the issuance of cards for three months (from December to March) due to the Central Bank’s recommendations to stop attracting private individuals’ savings so actively: the regulator is always wary of an

April 26, 2013. Uralvagonzavod Scientific & Production Corporation won a tender for the delivery of 1,200 oil cisterns to Federal Freight Company, the corporation’s press service reports. The news became known when Russian Railways Trading House announced the results of an open tender for the right to sign a freight carriages delivery contract with the enterprise. According to the company’s decision, UBT-Uralvagonzavod that took part in the tender on Uralvagonzavod Corporation’s behalf was declared the winning bidder in two lots for the delivery of 1,200 oil cisterns in April and May

UrBC, Chelyabinsk, April 16, 2013. Magnitogorsk Iron & Steel Works (MMK) is planning to increase its share on the key metal-consuming industries’ market in the future, MMK Business Development & Efficiency Management Director Evgeny Redin said at the 5th International Industrial Forum on Reconstruction of Industrial Enterprises. According to the company’s top manager, MMK’s strategy is now targeted at raising the share of domestic shipments in the total sales structure, which has to do with the fact that the home market is now growing faster than the global one and with the fact that

UrBC, Moscow, April 22, 2013. On April 17, laureates of the National Environemntal Prize known as ERAECO 2012 were awarded in the course of Moscow International Environmental Forum. Magnitogorsk Iron & Steel Works (MMK) was declared the laureate for its Sheet-Rolling Department 11 Project in the Setting up Green Facilities category. The department in question houses cold-roll Mill 2000 that is currently unique to Russia. The facility is mainly meant for making high quality cold-rolled and galvanized rolled stock for the Russian car manufacturers and the world’s leading carmakers’

April 26, 2013. EXPO 2020 Coordination Committee has announced a contest for the best slogan for the World Universal Exhibition in Yekaterinburg. The news was disseminated via EXPO 2020 Yekaterinburg Facebook page, the spokesperson for Yekaterinburg Council reports. ‘If you are in favor of holding EXPO 2020 in Yekaterinburg, take part in our slogan contest! Think of a slogan for the exhibition to be held in the Urals’ capital and this will be your statement perhaps that will represent World Exhibition in Yekaterinburg in 2020! The most unusual, interesting, and creative slogans will be

April 26, 2013. Sverdlovsk Region Vice Premier Alexander Petrov held a meeting with the representatives of Wikov Holding based in the Czech Republic, Sverdlovsk Region Government’s Press Service & Information Department reports. The meeting included a presentation on the holding’s production capacity and a discussion of possible options for the mutually beneficial cooperation between the Czech company and Sverdlovsk Region-based enterprises. ‘We are actually interested in buying the Czech machinery, but our preferred priority would be to set up joint ventures in Sverdlovsk Region, in the