November 9, 2012. The Ural Bank for Reconstruction & Development completed the secondary public offering of its bonds at MICEX on November 7. The bonds were sold on the secondary market in full; Promsvyazbank, which was in charge of the first issue in April 2011, acted as the underwriter for this issue as well. All in all, seven deals were made in the course of trading, and 553,936 bonds worth a total of 555,509,178.24 RUR were sold: this was the entire volume offered on November 2. Remarkably, the secondary demand was twice as big as the supply and came to 1.134 million bonds. ‘The

November 9, 2012. Ural Airlines added one more Airbus 320 to its fleet vehicles, so the total number now comes to 25 aircraft (16 A320 ones and 9 A321 ones). The airplane arrived from Japan, where it had been used by a local air carrier for five years. The plane is fitted with 144 economy class seats and 12 business class ones. Ural Airlines managed to upgrade its fleet of vehicles over a short period of time: the renovation program was launched as recently as 2006. The European concern’s planes proved their efficiency and suitability for medium-haul flights. In 2013, the airline intends to

November 9, 2012. Sverdlovsk Region Agro-Industry & Food Minister Mikhail Kopytov says 43,600 tons of carrots have been harvested this year, which will fully cover the locals’ demand for this vegetable. Also, 12,500 tons of onions, 17,000 tons of beetroot, and 50,000 tons of cabbages were gathered this fall. As was reported earlier, the potato harvest amounted to 625,000 tons. ‘The vegetable yield is a little lower this year than last year due to the summer’s draught, but we did meet the public establishments’ needs in full. The vegetables are now being stored for winter,’ Minister

November 8, 2012. Pervouralsk New Pipe Plant (a member of ChTPZ Group) was listed as one Attractive Employers 2012 as a result of research conducted by Superjob.ru. The research involved surveying over 600,000 Russian officials, the plant’s press officer reports. The winners were selected on the basis of the companies’ reputation, assessment of the vacancies they offer (mostly salary), the number of hits per page (a minimum of 300 was required), and the so-called direct response (the number of people who submitted their CVs). At the moment, the plant is offering about 200 positions, most of

November 8, 2012. Uralvagonzavod Scientific & Production Corporation is now taking part in the 30th International Exhibition FIНAV-2012 which opened in Havana on November 4 and will last throughout this week. Housed in the country’s largest exhibition center EXPOCUBA’s 25 pavilions, FIHAV-2012 is one of the top three most prestigious events in Latin America, the corporation’s press service reports. The corporation mainly features the produce of its ChTZ-Uraltrac, with some life-size samples displayed at the stand, including the B-10M, B-12, and B-14 bulldozers, the TP-20 pipe layer,

November 8, 2012. Consumer price index went up by 0.7% in Sverdlovsk Region in October 2012 against September 2012, SverdlovskStat reports. At the same time, prices rose by 6.4% against last October. The increase was most prominent in food items, including strong drinks: this came to 3% this month and to 6.2% against October 2011. The second most prominent increase has to do with the service sector: prices rose by 0.9% in October 2012 and by 8.8% against October 2011. As for non-food items, prices increased by 0.9% in September and by 4.9% against October 2011.

November 8, 2012. According to the data available as of November 5, the average price of one square meter of housing available on the existing homes market in Yekaterinburg comes to 69,211 RUR. The growth rate has remained the same since August and it now stays within about 0.2% a week. All in all, housing has grown 8.4% more expensive since the beginning of the year, Ural Real Estate Chamber’s Analytical Department reports. Following the summertime stability, the supply has been going up for the last two months as well. The number of apartments offered for sale has increased by 4% over this

November 8, 2012. The football team of Seversky Pipe Plant (STZ, a part of Pipe Metallurgical Company/TMK) came second in Sverdlovsk Region football championship this fall, the company’s press service reports. In its final game, the Seversky Trubnik team played against Metallurg from Verkhnyaya Pyshma. Throughout the game, STZ footballers showed good team spirit and technical skills, which made it possible for forward Alexei Filin to score triumphantly. The players from Verkhnyaya Pyshma had no chance to make it all up, as they were unable to break through Seversky Trubnik’s line of defense

November 7, 2012. The new 15–558S–03 cisterns of UralCryoMash (a member of Uralvagonzavod Corporation) underwent certification testing, the Corporation’s press service reports. The 15–558S–03 cisterns are meant for transporting liquid oxygen and are a new generation model in the Nizhniy Tagil-based company’s cryogenic cisterns range. UralCryoMash is currently Russia’s only manufacturer of this kind of produce. Two pilot samples have been made so far, tested successfully, and presented to the customer. In November, UralCryoMash experts are expected to get compliance certificates for the new

November 7, 2012. Omsk Region’s Minister for Industrial Policies, Communications & Innovational Technologies Alexei A. Gladenko visited Transport Machine-Building Design Bureau. This was on the agenda of his business trip around Omsk’s most promising and dynamically developing enterprises, Uralvagonzavod Scientific & Production Corporation’s press service reports. The trip was targeted at looking at the enterprise’s potential and discussing issues related to technical conversion and attracting investment. Alexei Gladenko was given a tour of all the departments at the design bureau and

November 7, 2012. Governor of Sverdlovsk Region Evgeny Kuivashev announced Yekaterinburg had plans to win the right to host the World Cup 2018 Last 8. ‘We are expected to host the Last 16, and we mean to compete for this as well. This will attract the teams who will make it to the Last 16, and we’ll try to compete for the quarter-finals, too. This is a very challenging objective, as other cities are working on this as well,’ Kuivashev said in a TV show called This week’s Highlights.

November 7, 2012. The Special Economic Zone Titanium Valley and Sberbank of Russia signed a long-term cooperation agreement. This agreement covers for the issuance of loans to put up infrastructure facilities, the Titanium Valley Management Company’s press officer reports. It was observed that using borrowed funds from Sberbank will mean less financing from the budget sources. The financing will cover the construction of the most promising projects, whose rent revenues will help to pay off the loans later. ‘This means that, on the one hand, we are speeding up the construction jobs related to

November 7, 2012. The international rating agency Standard & Poor's affirmed Sverdlovsk Region’s long-term credit rating at BB+, with Stable rating outlook. Experts stress that this estimate of the region’s financial performance stems from low level of debt, good administration of the budget for this year, and high liquidity, the agency’s press release states. In addition, S&P Credit Rating Service observes that the volatility of budget revenues and the region’s considerable current and capital spending needs will be balanced off through the region’s new management’s level-headed

November 6, 2012. The Skolkovo Institute of Science and Technology (SkolTech) signed an agreement on cooperation in the field of education, science, and technological developments with three large corporations: Uralvagonzavod Scientific & Production Corporation, Oboronprom Defense & Industrial Corporation, and Intel Corporation. The documents were signed at Open Innovations Moscow International Forum, Uralvagonzavod’s press service reports. These agreements provide for joint development of new materials and structures, of biomedical, IT & Communications, and energy technologies,

November 6, 2012. The public prosecution authorities of Novouralsk checked the compliance with the federal law of Evgeny Fedotovskikh, who was AMUR Car Factory’s trustee in bankruptcy in January-September 2012. The inspection revealed violations of the norms stated in the Federal Insolvency (Bankruptcy) Act, the spokesperson for Sverdlovsk Region public prosecution authorities says. It was detected that trustee in bankruptcy Fedotovskikh violated the norms of the said law in that he used not only the primary account of the bankrupt company but also a number of accounts opened in other banks.

November 6, 2012. Russian Railways and STM-Service (a part of Sinara – Transport Machines) signed a contract in October 2011 that entitled the latter to providing O&M services to Sinara’s 2ES6 freight locomotives. STM-Service received the first loco to be dealt with one year ago on November 1, 2012, Sinara Group’s PR Center reports. STM-Service currently handles over 220 vehicles in Sverdlovsk, South-Ural, and West-Siberian Railways. The operation and maintenance of 2ES6 locos is done on 10 service sites: Sverdlovsk Service Centers (based on the premises of Sverdlovsk-Sortirovochny depot)

November 6, 2012. Sverdlovsk Region intends to decrease its enterprises’ energy consumption by 20% by 2020, the region’s Minister for Energy & Communal Housing Services said at a press conference today. The Ural enterprises will receive about 300m RUR worth of budget money to launch energy-saving programs at their facilities. ‘In terms of energy efficiency, some companies’ produce is already comparable with its European counterparts. Among such companies are our Automotive Plant, our steel-smelting enterprises, and Uralvagonzavod,’ Minister Nikolai Smirnov said.

November 6, 2012. The Director-General of UVZ Corporation Oleg Sienko congratulated the residents of Nizhniy Tagil on the National Unity Day November 4th. He took part in the solemn ceremony dedicated to one of today’s Russia’s most important public holidays, the corporation’s press service reports. Sienko also congratulated Sergey Nosov on being elected Mayor of Nizhniy Tagil. He pointed out that the latter’s landslide victory was a sign that people want some change and are ready for it. ‘The people of Nizhniy Tagil deserve better, that is, clean streets and yards and a comfortable urban

November 2, 2012. Uralvagonzavod hosted a scheduled municipal seminar on civil defense on its premises. Uralvagonzavod Scientific & Production Corporation’s head office proved it had a very good material resource base for dealing with emergencies and could create, store, and use these resources properly, the corporation’s press service reports. The seminar, dedicated to the material resource reserves needed to deal with an emergency and to their function, legal regulations, and procedures for creating, storing, and using these resources, was attended by chairmen of Nizhniy Tagil

November 2, 2012. The Russian-Algerian Business Council’s first meeting took place in the Russian Federation Chamber of Commerce & Industry. The Director-General of Uralvagonzavod Scientific & Production Corporation Oleg Sienko was unanimously voted for as the new Chairman of the Russian part of the Council, the corporation’s press service reports. The Chamber’s Vice President Georgi Petrov, the Ambassador Extraordinary & Plenipotentiary of the People’s Democratic Republic of Algeria to the Russian Federation Smail Chergui, and Director of the Russian-Algerian Business Council