23 November 201809:36

MMK Wins Gold at Metal Expo 2018

UrBC, Magnitogorsk, November 23, 2018. Magnitogorsk Iron & Steel Works (MMK) won the first prize at the 24th International Metal Expo 2018 Industrial Exhibition. The company got gold for the development and launch of a production logistics information system that boosts a company’s productivity. According to MMK’s Information & PR Department, the awarding ceremony took place at the end of the forum in Moscow on November 13-16. Among the winners are Russia’s leading metallurgical enterprises and scientific research institutes that developed and launched new technologies successfully or
23 November 201809:35

ChelPipe Group, Metalloinvest Hold Coordination Council Meeting

UrBC, Yekaterinburg, November 23, 2018. ChelPipe Group’s member enterprise Pervouralsk New Pipe Plant (PNTZ) hosted ChelPipe Group’s and Metalloinvest’s Coordination Council meeting; the event was attended by managers and employees of ChelPipe Group, Metalloinvest, Ural Steel, and Oskol Electro-Metallurgical Plant (OEMK). According to the Group’s press service, the meeting participants looked into the outcome of their cooperation in the past year and updated the action plan for their 100% Quality Program. They then split into several work teams to discuss the quality of and delivery terms and
23 November 201809:35

MMK Chair of the BOD Viktor Rashnikov Proves Director of The Year

UrBC, Magnitogorsk, November 23, 2018. Chairman of Magnitogorsk Iron & Steel Works (MMK) Board of Directors Viktor Rashnikov won the Director of The Year Prize for the years 2017-2018. Viktor Rashnikov got awarded within the 25 Best BOD Directors category; the decision was taken by the expert board for the prize. The prize itself got established in 2006 by PwC and the Independent Directors Association. The awarding ceremony took place in Moscow on November 21, MMK’s Information & PR Department reports. ‘Two more MMK representatives — Corporate Issues & Social Programs Director
23 November 201809:35

MegaFon Proves No.1 Cashback Service

UrBC, Yekaterinburg, November 23, 2018. MegaFon is now among Russia’s top five companies with the biggest cashback service turnover, the telecommunications provider’s press service reports. MegaFon outstripped Booking.com, Citilink, AliExpress, and M.Video on the cashback market. The company’s data reveal that seven out of ten purchases within #Специи, the cashback service, get made by men. Mostly, customers shop for smartphones, other gadgets, household appliances, and electronic goods. MegaFon also came up with a special offer for #Специи fans on Black Friday, when the cashback percentage
22 November 201809:22

Ural Airlines: Yekaterinburg-Dubai Flights Now On Sale

UrBC, Yekaterinburg, November 22, 2018. Ural Airlines are launching a sale on its Yekaterinburg-Dubai-Yekaterinburg flights: prices start from €110 for Economy tickets and from €1,140 for Business ones (round trip, fees excluded). The offer holds between November 21 and December 1, 2018 for flights to be operated between January 15 and February 18, 2019, between February 26 and March 24, 2019, and between April 3 and May 23, 2019, the air carrier’s press service reports. ‘A winter in Dubai is a special time of the year when it’s not scorchingly hot and the Persian Gulf looks like the perfect
22 November 201809:22

MegaFon’s Business Opportunities Center Welcomes Ural Companies

UrBC, Yekaterinburg, November 22, 2018. MegaFon is now the first Russian telecommunications provider to set up Business Opportunities Center in Oruzheyny Lane in Moscow. Since the Urals-based businesspeople have tended to travel to Moscow and Moscow Region increasingly more often in the last two months (as the company’s data reveal), MegaFon now invites them all to try out the provider’s digital solutions during their next trip, MegaFon Ural’s press service reports. MegaFon’s business customers can have a look at the company’s latest telecom developments, from paperwork solutions to
22 November 201809:21

EVRAZ Holdings Wins Silver at Corporate Charity Contest

UrBC, Nizhniy Tagil, November 22, 2018. EVRAZ Holding won silver in the Urals’ Corporate Charity Leaders Contest. The judges’ panel took into account the company’s charity and volunteer projects in Nizhniy Tagil and Kachkanar, EVRAZ Holding Ural’s Corporate Relations Center reports. EVRAZ Nizhniy Tagil Iron and Steel Works (NTMK) submitted two projects for the contest. The plant’s grant competition called EVRAZ: City of Friends — City of Ideas! won the second prize as Best Program/Project Promoting Charity, Volunteer Projects, and Non-Profit Organizations’ Infrastructure Development in
22 November 201809:21

Southern Urals CCI to Host 4th Russian-Chinese Forum

UrBC, Chelyabinsk, November 22, 2018. Most of the 4th Russian-Chinese Forum’s events will take place in Chelyabinsk on December 4, 2018, Southern Urals’ Chamber of Commerce & Industry’s press service reports. Some three hundred people are expected to arrive in Chelyabinsk on December 3, all of them Russian and Chinese government officials and business executives; they will all contribute to the 4th Russian-Chinese SME Forum 2018. The event is meant to serve as the primary platform for establishing business connections between the Russian and Chinese businessmen and women. The forum gets
22 November 201809:20

MMK Hosts Power Engineers’ Meeting

UrBC, Magnitogorsk, November 22, 2018. Magnitogorsk Iron & Steel Works (MMK) is now hosting a seminar/meeting of power engineers employed within Russia’s and the CIS member states’ metallurgical sector, MMK’s Information & PR Department reports. Over eighty workers from MMK, NLMK, Severstal, UMMC Holding, Vyksunsky Metallurgical Plant, EVRAZ NTMK, ArcelorMittal Temirtau, and other companies are sharing their experience with their Energy Departments’ operation efficiency enhancement programs. President of CHERMET Corporation Nikolay Gugis and MMK’s Senior Power Engineer Alexei Khlystov
21 November 201810:39

Expert RA Ups EVRAZ to ruAA-

UrBC, Moscow, November 21, 2018. The rating agency Expert RA improved EVRAZ Holding’s credit rating to ruAA-, with Stable rating outlook. The holding used to get rated as ruA+, with Stable rating outlook, earlier, the agency’s press service reports. EVRAZ Holding is a vertically integrated mining and metallurgical company with primary production assets based in Russia and the United States. In the first half of 2018, 62% of the company’s revenues stemmed from its Russian steel market sales, 16% came from the U.S. steel market sales, and 18% came from the coal sales. The holding’s rating went
21 November 201810:38

Ural Airlines Introduce Volgograd-Yerevan Flight

UrBC, Yekaterinburg, November 21, 2018. Ural Airlines launches its new Volgograd-Yerevan flight on December 10, 2018, the air carrier’s press service reports. Flight U6 2668 Yerevan-Volgograd will get operated every Monday; flight U6 2667 Volgograd-Yerevan will get operated every Tuesday. Prices start from RUR 6,506 and RUR 5.028, respectively. The flight is one hour and forty-five minutes long. ‘Armenia charms its visitors with its magnificent landscapes, its delicious food and drinks, and its hospitality. The colorful scenery, the monasteries located high up in the mountains, the historic
21 November 201810:37

President of Tatarstan Rustam Minnikhanov Thanks ChelPipe Group Shareholder Andrei Komarov

UrBC, Chelyabinsk, November 21, 2018. Alnas, the asset of ChelPipe Group’s Rimera Oilfield Services Division, turned forty this year. The festivities to celebrate the occasion took place in Almetyevsk, Tatarstan. President of Tatarstan Rustam Minnikhanov, ChelPipe Group’s shareholder Andrei Komarov, and a number of other high-profile officials and executives took part in the event. For one, visitors to Almetyevsk took a guided tour of Alnas’s production facilities, went to the exhibition of ChelPipe Group’s pipe and oilfield services produce, and contributed to the solemn awarding ceremony
21 November 201810:37

MMK Wins Import Substitution Contest

UrBC, Magnitogorsk, November 21, 2018. Magnitogorsk Iron & Steel Works (MMK) won the national import substitution Prioritet 2018 Prize in Metallurgy. The company got awarded for SteelArt, a unique polymeric rolled steel product made at MMK Group’s Lysva Metallurgical Plant. According to MMK’s Information & PR Department, SteelArt is a kind of polymeric rolled product with decorative coating that closely imitates the look and feel of natural materials. The product has no counterparts on the Russian market at the moment. The photo-offset method-based Print Technology that is used for
21 November 201810:37

UBRD Group Issues €17m to Belarus-Based Banks

UrBC, Yekaterinburg, November 21, 2018. The Ural Bank for Reconstruction & Development (UBRD) Finance Group co-organized and contributed to three syndicated loans to Belarus-based banks this year, thus providing its partners with €17m (more than RUR 1.2bn) all in all, the bank’s press service reports. UBRD Finance Group’s member organization VUZ Bank financed Belarus-based ZAO Alfa Bank in February 2018: €2m out of the €29m and $6 offered through the syndicated loan. Svyaz-Bank, Otkritie FC Bank, Expobank, Gazprombank, Bank UralSib, AK Bars Bank, Zenit Bank, and Alef Bank all contributed
20 November 201809:42

EVRAZ Winners Perform in Mezhdurechensk

UrBC, Mezhdurechensk, November 20, 2018. EVRAZ plc, MTS, and Mezhdurechensk town council coordinated Superhit, a children’s singing contest that is part of the Generation M Charity Project, in Mezhdurechensk, EVRAZ Holding’s Raspadskaya Coal Company’s PR Department reports. The contest winners then performed at the Generation M SuperChidlren Gala alongside the show headliners, Ecole performers, and The Voice Russia Children participants. ‘The fourteen-year-old Tatyana Shulayakova, who impressed the judges with her powerful rendition of Storonoyu Dozhd, won the first prize. The
20 November 201809:41

UBRD Offers Businesses Yuan Deposits

UrBC, Yekaterinburg, November 20, 2018. The Ural Bank for Reconstruction & Development (UBRD) now offers its business customers an opportunity to set up a yuan deposit at any of its branches that works with legal entities. The annual interest rate comes to up to 3% a year, with the shortest deposit period set at five days,’ the bank’s press service reports. The bank believes getting away from the dollar dependence is currently one of the national market’s key financial trends. Both the government and the business are drifting away from the USD. Companies now keep their funds in the
20 November 201809:41

MMK’s Company TV Wins Contest

UrBC, Magnitogorsk, November 20, 2018. The 24th Metal Expo 2018 International Industrial Exhibition featured the 16th awarding ceremony for the Best Corporate Media in Russia/CIS Metallurgical Sector Contest. According to Magnitogorsk Iron & Steel Works (MMK) Information & PR Department, MMK’s corporate media TV IN, which represented MMK in the contest this year, won as the Best Electronic Corporate Media. The annual contest, coordinated by the specialized Metallosnabnzheniye I Sbyt magazine, intends to support and develop the corporate media market in the metallurgical sector. The
20 November 201809:40

MegaFon Launches Cloud Surveillance in Nizhnyaya Tura

UrBC, Yekaterinburg, November 20, 2018. Nizhnyaya Tura is now one of the smaller towns in the Mid-Urals to join the digitalization program: the primary traffic flow, entry points, public places, and social infrastructure facilities are now controlled through MegaFon’s cloud surveillance program, the telecommunications provider’s press service reports. The town council and MegaFon signed their digitalization agreement during the Innoprom 2018 International Exhibition in July. The two parties now confirmed their plans and had their first cloud solution implemented. The goal is to ensure and
20 November 201809:40

Ural Airlines: 160 Flights 30% Off

UrBC, Yekaterinburg, November 20, 2018. Ural Airlines offer reduced-price tickets for over 160 flights on November 19-26, 2018, the air carrier’s press service reports. ‘Wings Club members can also use their bonus points to partially or fully cover the cost of their ticket (1 bonus = RUR 1). To sign up for the airline’s loyalty program, you need to fill in a form on the company website. Every new Wings Club member gets a 500-ruble welcome bonus that can be used immediately,’ the press service says. For more information on the flights and destinations subject to the special offer, please visit
19 November 201809:33

EVRAZ Holding’s Alardinskaya Mine Meets Year’s Output Goal Ahead of Schedule

UrBC, Yekaterinburg, November 19, 2018. EVRAZ Holding’s Alardinskaya Mine accomplished its coal output goal for the year 2018 ahead of schedule. The mining teams have produced nearly 3m tons of coal since the start of the year, EVRAZ Raspadskaya Coal Company’s PR Department reports. ‘Alardinskaya Mine is the first among Raspadskaya Coal Company’s assets to produce the year’s target amount of coal this fall. EVRAZ Vice President and head of Coal Division Sergey Stepanov congratulated the miners on their success and awarded Alardinskaya’s best workers. Three miners are now Labor Veterans and