UrBC, Magnitogorsk, March 18, 2019. MMK Trading House got featured among Russia’s top hundred successful suppliers rating presented by the e-trading service B2B-Center. The center’s research involved ranking 406,000 companies all in all, MMK Trading House’s press service reports. The list of the most successful Russian suppliers of the year 2018 was created by a special computer algorithm and based on a number of criteria. The companies that made it to the top hundred had the highest winning-bid coefficient in their purchasing practices. They also competed in at least ten different auctions

UrBC, Moscow, March 18, 2019. The amount of money Russians deposit with the banks rose by 1.6% in February 2019, even with all the adjustments made for the exchange rate fluctuations, the Central Bank of Russia’s review of the banking sector of the Russian Federation in January and February 2019 (available on the bank’s website) indicates. According to the CBR, private customers kept placing a little more money with the banks in January and February 2019 than in the previous months. Interestingly, the increase in the amount of deposits in February completely made up for the seasonal outflow

UrBC, Yekaterinburg, March 18, 2019. The asking price of existing homes currently on offer in Yekaterinburg reached RUB 72,025 per m2 on average on March 11, 2019, rising by 0.5% in the last four weeks, Ural Real Estate Chamber reports. Prices also rose by 0.8% on homes on the outskirts of the city: the average asking price currently comes to RUB 52,699 per m2. The price of rooms in communal apartments have remained the same in the last four weeks, with the average asking price still at RUB 52,970 per m2. There are now 6.9% more homes in Ural Real Estate Chamber’s database than one month

UrBC, Moscow, March 18, 2019. Russia’s banking sector’s profits amounted to RUB 445 billion in January and February 2019 compared with RUB 178 billion in the first two months of 2018, the Central Bank of Russia’s review of the banking sector of the Russian Federation in January and February 2019 (available on the bank’s website) indicates. According to the CBR, profit-making banks continue to make up the majority of the banking sector’s players, with 350 banks making RUB 481 billion in accumulated profits in the first two months of the year; this amounts to 73% of all the banks operating in

UrBC, Yekaterinburg, March 18, 2019. Sverdlovsk Region’s employers (excluding small businesses) owed their workers RUB 36.8 million in wage arrears and delayed pay as of March 1, 2019. According to Sverdlovskstat, this was 1.6% (RUB 0.6 million) less than one month earlier.

UrBC, Yekaterinburg, March 15, 2019. Oleg Popkov got appointed the Director of the Ural Bank for Reconstruction & Development (UBRD) Yekaterinburg division, the bank’s press service reports. ‘A division is now a new structural unit at the UBRD. All of the parts of Russia where the bank operates have been divided into nine different divisions, the key change being that the company now switches from a centralized management system (with every branch reporting directly to the headquarters) to a local management one (based on the specific size, type, and location of the business),’ the press

UrBC, Yekaterinburg, March 15, 2019. Yekaterinburg, Surgut, and Tyumen are currently the Urals’ top three markets for online cash desk transactions. According to telecom analysts, every one in three MegaFon SIM cards installed in an online cash desk gets used within Sverdlovsk Region, MegaFon’s press service reports. Courier delivery services are switching to online settlements and smart terminals faster than other businesses this year. Companies operating in the retail and wholesale trade sector are using more Internet traffic to send their data to the fiscal authorities than any other

UrBC, Yekaterinburg, March 15, 2019. Over a hundred managers and experts at Beloyarskaya Nuclear Power Plant took part in the International Atomic Energy Agency’s seminar on Operational Safety Review Team (OSART) program, the plant’s press service reports. The seminar on OSART methodology was coordinated in Zarechny by the IAEA’s Peter Tarren, who talked about the OSART procedure and the guidelines for nuclear site inspections. Beloyarskaya Nuclear Power Plant is now scheduled to undergo the review in 2021. This is one of the programs the IAEA coordinates in order to assess nuclear industry

UrBC, Yekaterinburg, March 15, 2019. The Ural Bank for Reconstruction & Development (UBRD) looked into its customers’ spending behavior on March 4-10, 2019, comparing it with people’s debit and credit card spending within a regular week (January 21-27), the bank’s press service reports. The bank’s analysts looked into the ways their customers spent money in Yekaterinburg, Kazan, Novosibirsk, Perm, Saint Petersburg, Tyumen, Ufa, and Chelyabinsk. It turns out people spent RUB 15.2 million on flowers, cosmetics, jewelry, cards, balloons, and gift wrapping in the International Women’s Day

UrBC, Yekaterinburg, March 15, 2019. ChelPipe Group recently launched an experimental site to develop ChelPipe Prime threaded joints; this hi tech produce is meant to meet the customers’ growing demands occasioned by increasingly more difficult conditions of oil and gas production. The new experimental site is located at ChelPipe Group’s Pervouralsk New Pipe Plant’s (PNTZ) Finishing Center for OCTGs. The project required RUB 50 million in investments. The company is now working on prototypes of premium threaded joints, testing their technological and operational properties as early as the

UrBC, Yekaterinburg, March 14, 2019. EVRAZ Holding recently purchased the self-propelled drilling unit Epiroc T3W for its member enterprise Raspadskaya Coal Company. The gets used to drill gas exhaust wells from the surface. According to the company’s press service, the unit is currently being used at Uskovskaya Mine and will later get transferred to Yerunakovskaya 8 Mine. By customer’s order, the equipment manufacturer improved the design of the unit by mounting it on an all-wheel drive tractor to ensure easier transportation and by adding a welding machine to make repair and maintenance

UrBC, Magnitogorsk, March 14, 2019. Magnitogorsk Iron & Steel Works (MMK) sold 9,029,000,000 kg of ready metal goods to customers on the home market (including the CIS member states) last year, which exceeded the figures for one year earlier by 6%. According to MMK’s Information & PR Department, this is the second best result in the last five years (the sales peaked in 2014, when the company sold 9,588,000,000 kg of goods to its customers). The plant currently sells 79% of its produce on the home market. ‘In geographical terms, the Urals remain our key market, given MMK’s location;

UrBC, Yekaterinburg, March 14, 2019. Ural Airlines are introducing their new Samara-Baku-Samara flight on April 5, 2019. Direct flights U6 2777/2778 will get operated on the modern and comfortable Airbus liners every Friday. The air carrier says the flights will get operated in the following time slots: Departure (Samara): 1:10 PM; Arrival (Baku): 3:45 PM; Departure (Baku): 4:45 PM; Arrival (Samara): 7:10 PM. Prices start from RUB 7,250/€97 (one way, all fees included). ‘There’s something for every member of your family to enjoy in Azerbaijan’s capital. You can take a look at Baku’s Flame

UrBC, Yekaterinburg, March 14, 2019. Ural Airlines’ customers can now get up to 12% off at PACK&FLY luggage-wrapping stations; the offer holds for the passengers with Ural Airlines’ boarding pass or e-ticket itinerary receipt and for all of the airline’s Wings Club members, the air carrier’s press service reports. There’s a 10% discount on standard wrapping (you’ll need to produce your e-ticket itinerary receipt; the e-tickets are available on the company website, on Ural Airlines mobile app, over the phone, and at Ural Airlines’ booking offices). A 10% discount is also offered if you

UrBC, Yekaterinburg, March 14, 2019. The Ural Bank for Reconstruction & Development (UBRD) went through with its national network management reorganization by dividing different parts of Russia where the bank operates into special divisions and decentralizing control over these areas. There are now nine divisions active in the parts of the country where the bank’s offices are located, UBRD Chair of the Board Anton Solovyov said at a press conference in Yekaterinburg today. ‘Different divisions will be adopting different strategies varying in the degree of aggression, aspects of

UrBC, Yekaterinburg, March 13, 2019. Ural Airlines are introducing a new Samara-Tashkent-Samara flight, the air carrier’s press service reports. The flight will get operated every Tuesday starting from April 2, 2019. Flight U6 2947 — Departure (Samara): 10:05 PM, Arrival (Tashkent): 01:55 AM. Flight U6 2948 — Departure (Tashkent): 03:35 AM, Arrival (Samara): 05:50 AM. Prices start from RUB 11,175/€ 149 (one way, all fees included). The flights will get operated on the EU-made Airbus liners. Tickets are available on the company website www.uralairlines.com, on Ural Airlines mobile app, over

UrBC, Yekaterinburg, March 13, 2019. EVRAZ Nizhny Tagil Metallurgical Plant (EVRAZ NTMK) Head of Management System Documentation Development Office Natalya Cherkashina and the plant’s Project Manager for Operational Improvements Alexander Kozyr are now among the winners of the 19th All-Russian Engineer of The Year Contest, EVRAZ Holding Ural’s Corporate Relations Center reports. Natalya Cherkashina won the Qualified Engineer Award in Quality Management. Cherkashina is in charge of developing and introducing documentation that can support and improve the plant’s quality management systems. She

UrBC, Yekaterinburg, March 13, 2019. The Ural Bank for Reconstruction & Development (UBRD) launched an updated version of its mobile banking platform recently, the bank’s press service reports. ‘One advantage is that the system’s interface is completely new and more user-friendly, while the navigation principles are now intuitively clear; we also provide very easy-to-find information on our subscription packages and pricing policy, and there are many other interesting updates as well. The banking app has also grown more personalized: if someone is interested in a loan, for example, this

UrBC, Yekaterinburg, March 13, 2019. Yekaterinburg Council had the ownership of Akademik Sakharov Avenue in the city’s District Akademicheskiy transferred to it this month, the city council’s website states. The new road was opened to traffic on March 11. The section of Akademik Sakharov Ave from Wilhelm de Gennin St to Amundsen St (2.5 km long) will now get serviced by the local road/operational depot. Technicians have already cleaned the avenue and prepared it for the launch. ‘The avenue is a two-way road with three lanes in each direction and a safety zone in the middle (total area: 98,000

UrBC, Moscow, March 13, 2019. The Federation Council’s Social Policy Committee recently suggested that a new bill banning hostels in housing quarters and apartment buildings should best not get adopted just yet. Kommersant now refers to the committee’s chair Valeriy Ryazansky as saying the halt is necessary to ensure a longer transition period for hostel owners before the bill does come into effect. Besides, there are already quite a few hostels operating in Russia that have never registered as a business. Experts believe there could be as many as 2,000 mini-hotels in the country, and only