UrBC,Moscow, April 17, 2018. UC RUSAL, recently sanctioned by the U.S., lost 28.43% of its share value at Hong Kong Exchange. According to Kommersant, the price dropped down to HKD 1.46 per share by 9:55 AM Moscow time. This is the all-time low since the day the shares were first listed at Hong Kong Exchange back in 2010. The share price first went down to HKD 1.63 by 6:05 AM Moscow time (-20.1%). Up till now, the lowest price points were HKD 2.09 on June 12, 2016, HKD 2.13 on January 17, 2016, and HKD 2.19 on November 17, 2013. The United States imposed sanctions on a number of Russian

UrBC, Yekaterinburg, April 16, 2018. ChelPipe Group is going to take part in the International Neftegaz 2018 Exhibition with its White Well Project (currently unique to the national oil and gas market). According to the company press service, White Well stands for a multi-faceted approach to oil production, with careful, custom-picked selection, production, and supply of submersible equipment and after-sale services. ‘White Well mainly focuses on complicated, salinization-affected and residue-stained types of wells. The synergy that results from the combined potential of the Group’s assets,

UrBC, Yekaterinburg, April 16, 2018. EVRAZ Holding’s Nizhniy Tagil Integrated Metallurgical Works (NTMK) funded the electronic equipment needed at Nizhniy Tagil Live-In School 1 as part of the Good Deed Relay Race, EVRAZ Holding’s PR Department reports. Workers from the plant’s Senior Power Engineer’s Department gave the school a multi-functional appliance that works as a scanner/printer/photocopier and two 100+ cm TV screens. They also repaired the metalwork and turning equipment in the arts and crafts classroom and replaced the sockets and power circuits there. Following the school

UrBC, Yekaterinburg, April 16, 2018. MegaFon’s engineers set up the base station Vyzhivshiy (The Revenant) in Sabetta, a settlement in Yamal Peninsula, MegaFon Ural’s press service says. The station, located on the shore of the Arctic Ocean, was named after the Leonardo DiCaprio film (where the main character survives in extreme weather conditions). Even now, when most people are enjoying the spring warmth, it still feels like 22 degrees centigrade below zero in Sabetta. ‘Sabetta is situation far up in the North. This is an extremely cold and windy place, with mountains of snow. The location

UrBC, Moscow, April 16, 2018. In case the counter-sanctions bill gets adopted in response to the United States’ anti-Russia policies, Russia will stop supplying titanium needed for making Boeing planes to America, RIA Novosti refers to Council of the Federation’s Chair of Budget Committee Sergey Ryabukhin as stating. The State Duma is currently considering a draft bill on reacting to the U.S.’ actions; among the proposals are a ban/a limitation on the U.S. parties taking goods and equipment made from rare metals out of the country. Titanium, which is needed in Boeing’s production cycle, is

UrBC, Yekaterinburg, April 16, 2018. Sverdlovsk Region-based businesses and organizations owed their employees 14.3% more in unpaid wages and salaries on April 1, 2018 compared with one month earlier, Sverdlovskstat reports. ‘According to data provided by companies outside the small-business sector, their consolidated arrears of wages amounted to RUR 1.5m, which was RUR 189,000 more than on March 1, 2018,’ the agency says.

UrBC, Yekaterinburg, April 13, 2018. 1,648,872 people flew with Ural Airlines in the first quarter of 2018, which exceeded the figures for one year previously by 24%, the air carrier’s press service reports. ‘The company operated 12,126 flights between January 1 and March 31, 2018, including 6,752 domestic flights, 817 flights to and from the CIS member states, and 2,577 international flights. This was 18% more than in January-March 2017,’ the press service says. 609,133 people flew with the air carrier in March 2018 (up 30% on a year earlier). The airline operated 4,435 flights last month,

UrBC, Yekaterinburg, April 13, 2018. Yekaterinburg Forestry is now going to control fire outbreaks online, MegaFon Ural’s press service reports. Thanks to MegaFon’s new telecom solutions, forestry control operators will be able to monitor the area right from their mobile devices. MegaFon’s base stations under 75 meters tall are now fitted with 360◦ videocameras; these ‘electronic eyes’ with 30-km visibility range now control the woods in Sadovy, Istok, Sovkhozny, Gorny Shchit, Novosvedlovsky Power Station, Lake Chusovskoye, Dinamo Biathlon Camp, Medny, and Kurganovo, The smart electronics can

UrBC, Magnitogorsk, April 13, 2018. Magnitogorsk Iron & Steel Works (MMK) is now taking part in the 18th International Ural Industrial Economic Week and in the 10th International Industrial Forum dedicated to breakthrough technologies in metallurgical and machine-building sectors, MMK Information, PR & Advertising Department reports. Both events are held at Chelyabinsk International Trade Center on April 10-12. MMK is the Southern Urals’ largest enterprise and can thus present a very wide range of metal goods on its exhibition stand. The plant’s representatives are also contributing

UrBC, Yekaterinburg, April 13, 2018. Ural Airlines are Airline of The Year according to Russian Wings 2017, the air carrier’s press service reports. ‘The national Russian Wings Contest’s awarding ceremony took place on April 10, 2018. Ural Airlines won as Airline of The Year in both Group I Domestic Flights (3m passengers or more) and in Scheduled International Flights. The titles were awarded by a board of experts comparing aviation industry representatives and members of a number of civil organizations,’ the press service says. Russian Wings Contest was set up by the Russian Association of

UrBC, Yekaterinburg, April 13, 2018. The Ural Bank for Reconstruction & Development (UBRD) is going to help its debtors find new jobs: the bank can send their CVs to companies that use the bank’s recruiting and hiring services. According to the bank’s Debt Collection Department, 43% of all non-payers report they fail to make their loan repayments because of employment problems (redundancy, a pay cut, and arrears of wages). ‘Given this statistics, the UBRD decided to launch a new project to have its debtors submit their CVs and then to send these CVs to its business customers with new job

UrBC, Yekaterinburg, April 12, 2018. A unique photo project dedicated to the history of Russian kopeck coins opened in Yekaterinburg’s pedestrian area in Vainer St. The exhibition gets coordinated by SKB-Bank and presents the history of Russian coins from the first 16th century kopecks to their modern counterparts. ‘The photo project informs the public about Russia’s oldest small coin. You’ll learn what the kopeck looked like hundreds of years ago, what it was made of, and what a few kopecks could buy under Ivan the Terrible, Peter the Great, and Catherine the Great, and during the Soviet

UrBC, Yekaterinburg, April 12, 2018. The Ural Bank for Reconstruction & Development (UBRD) recently applied for Visa and Mastercard’s card-to-card transfer option that allows a user to complete the transaction with their phone number as their ID, the bank’s press service reports. According to the bank, their card-to-card transfer is a very popular service: the overall number of transactions rose by 75% last year alone, and is expected to keep going up. ‘Doing transfers with your phone number is nothing new on the market: most large banks, including UBRD, are already offering this service.

UrBC, Yekaterinburg, April 12, 2018. Miners working at EVRAZ Holding’s Raspadskaya Mine made 2,000,000,000 kg of coal in the first quarter of 2018, which exceeded the figures for one year earlier by 372,000,000 kg, EVRAZ Holding Siberia’s press office reports. All of Raspadskaya’s seventeen mining teams (three long-wall crew ones and fourteen drift crew ones) contributed to this output figure. Stanislav Kovtunets’s team from Section 10 proved the best, with output at nearly 695,000,000 kg. Alexei Ivanov’s team from Section 17 was only 10,000,000 kg behind. ‘Raspadskaya was Kuzbass’s first

UrBC, Magnitogorsk, April 12, 2018. 20,000,000,000 kg of hot-rolled goods have been manufactured at Magnitogorsk Iron & Steel Works (MMK) Long Products Departments this year so far, MMK Information & PR Department reports. ‘Three advanced, fully automated mills by the Italian company Danieli got launched in the department in 2005 and 2006; their consolidated capacity came to more than 2,000,000,000 kg of rolled section steel a year. These were the first mills put up on the post-Soviet territory in the post-Soviet times; they also proved among the most up-to-date in the world in terms

UrBC, Yekaterinburg, April 12, 2018. RUR 500m will have to get invested in reconstructing Yekaterinburg Arena by the time the upcoming World Football Championship 2018 is over, Russian Government’s draft Decree On World Football Championship Heritage Concept states. The funds will be needed to dismantle the temporary spectator stands, to put up a media screen on the stadium, and to arrange some urban improvements. ‘The preliminary estimate of the costs involved done by Sverdlovsk Region comes to RUR 500m. This sum covers expenses related to design and survey work, among other things. Also,

UrBC, Yekaterinburg, April 11, 2018. MegaFon is the first telecommunications provider to introduce mobile e-signature on the market, MegaFon Ural’s press service reports. The m-signature can be used to sign legally binding papers right on your smartphone anywhere in the world where you have an Internet connection. ‘The new service comprises an e-signature certificate issued by MegaFon’s Authorization Center and a special SIM card with a piece of software that allows you to use your e-signature in IT systems. The signature got certified by government authorities and meets all the legal

UrBC, Yekaterinburg, April 11, 2018. RUR 84bn got transferred to Sverdlovsk Region’s budget in January-March 2018, which exceeded the figures for one year earlier by 16%, or RUR 11.6bn, Russia’s Federal Tax Service’s local division reports. RUR 29.5bn got paid to the federal budget (up 18.2%, or RUR 4.5bn, on the first quarter of 2017). Most of the money (78.6%, or RUR 23.2bn) came from VAT payments; this amount exceeded the figures for one year earlier by 13.6%, or RUR 2.8bn. RUR 2.5bn came in from VAT payments relating to goods imported to Russia from Belarus and Kazakhstan (up 17.4%, or

UrBC, Yekaterinburg, April 11, 2018. Last month’s inflation rate in Sverdlovsk Region came to 2% against one year previously, Sverdlovskstat reports. Food items grew 1.9% more expensive in the course of one year, non-food items grew 2% more expensive, alcohol grew 3.6% more expensive, and the price of services rose by 1.9%. Compared with February 2018, the inflation rate in March went up by 0.2%.

UrBC, Yekaterinburg, April 11, 2018. SKB-Bank’s VIP customer service Elite-Bank was introduced in Yekaterinburg eleven years ago this month, the bank’s press service reports. ‘SKB-Bank’s VIP customer service Elite-Bank opened its doors in April 2007, eleven years ago. This was the first premium service branch available in Yekaterinburg at the time. Elite-Bank offers its customers a completely new quality of banking service, the best financial service standards, a highly personalized approach, preferential terms on a whole range of banking products, and much else besides,’ the press service