UrBC, Yekaterinburg, March 19, 2018. Five employees of ChelPipe Group’s Chelyabinsk Pipe Rolling Plant (ChTPZ) were given state awards by President Vladimir Putin’s decree, the company press service reports. The solemn awarding ceremony took place in Plenipotentiary Representative of Russian Federation President in Ural Federal District’s office. Pipe-Rolling Department’s foreman Viktor Amelin, head of Vysota 239 Department’s Pipe-Welding Section Vassily Fadeev, and hot-roll mill operator from the plant’s Pipe-Rolling Department Sergey Kulikov were awarded the honorary titles of Russia’s

UrBC, Yekaterinburg, March 19, 2018. Sverdlovsk Region division of Russia’s Federal Service of Court Officers collected some RUR 4bn in bank loan debts, deputy head of the service Elena Sidorova said at a press conference today. According to Sidorova, court officers had to handle a greater number of enforcement proceedings cases this year because more debt collection-related claims got placed with courts. ‘We can report an increased number of paperwork related to debt collection. The greatest number of the amounts collected last year was to do with consumer loans issued by Tinkoff Bank and

UrBC, Magnitogorsk, March 16, 2018. Magnitogorsk Iron & Steel Works (MMK) proved Russia’s largest manufacturer of coated rolled products once again in 2017, MMK Senior Manager for Coated Metal Sales Alexei Oleynik announced at the 13th International Zinc-Coated and Paint-Coated Rolled Goods Conference in Moscow. According to Oleynik, MMK sold 980,000,000 kg of zinc-coated products and 310,000,000 kg of goods with polymeric coating on the Russian market last year. This means the company’s share of the national galvanized goods market is now 31%, that of polymeric-coated goods market 15%.

UrBC, Magnitogorsk, March 16, 2018. Magnitogorsk Iron & Steel Works (MMK)-sponsored Metallurg Charity Foundation came up with a performance report for the year 2017, MMK Information, PR & Advertising Department reports. The meeting dedicated to the representation of the report was attended by MMK Director-General and member of the foundation’s board of trustees Pavel Shilyayev, who spoke about the company’s primary achievements last year. ‘All our performance indicators improved in 2017 compared with the earlier periods. We made 12.9 tons of steel and 11.6m tons of metal goods and

UrBC, Chelyabinsk, March 16, 2018. ChelPipe Group delivered around 6,000,000 kg of large-diameter pipes to the Republic of Uzbekistan; the order was placed by Enter Engineering, one of Central Asia’s leading oil and gas companies, the Group’s press service reports. The LDPs (diameter: 1,020mm; layer thickness: 10mm) have a three-layer corrosion-resistant outer coating and are made from K52 steel. The pipes will be used to reconstruct existing pipelines in Uzbekistan. According to ChelPipe Group, the order had to be fulfilled on a short notice: the entire cycle from the order getting placed

UrBC, Yekaterinburg, March 16, 2018. Ural Airlines are launching their new Irkutsk-Harbin flight on May 23, 2018, the air carrier’s press service reports. Flight U6 789 will be operated every Wednesday and Sunday and is two hours and forty minutes long. Prices start from RUR 13,000 (one way) and RUR 26,000 (round trip). Prices quoted include all the fees and charges but are subject to change depending on the exchange rate fluctuations. ‘Harbin is beautiful any time of the year. In winter, the city is, as they say, a pearl decorating the Chinese crown of ice and snow, with its ice and snow

UrBC, Yekaterinburg, March 16, 2018. Ural Airlines’ customers can book their Moscow-Yekaterinburg flight for as little as RUR 2,000 (one way) on March 14-31, the air carrier’s press service reports. The offer holds for U6 273 flights (Moscow-Yekaterinburg, departure: 8:25 AM) and U6 271 ones (Moscow-Yekaterinburg, departure: 11:45 PM). The flights will be operated between March 14 and March 31, 2018. Tickets are already on offer. ‘Our passengers can benefit from their Moscow Subscription and arrange a travel plan comprising two, four, or eight flat-rate, open-date trips. The subscription is

UrBC, Yekaterinburg, March 15, 2018. ChelPipe Group’s Pervouralsk New Pipe Plant (PNTZ) has been featured in the environmental Ryabinin Rating for the second time in a row this year, the Group’s press service reports. The company also received a thank-you letter from Vladimir Plyusnin, Deputy Chair of the All-Russian Environmental Protection Society’s Sverdlovsk Region division, for its environmental control efforts. The rating is built upon some ten criteria, including capital investments in conservation, efforts to reduce a company’s emissions and waste production, and a focus on corporate

UrBC, Yekaterinburg, March 15, 2018. EVRAZ Holding’s West Siberian Integrated Metallurgical Works made their pilot batch of DT400 IK heavy-duty rails, EVRAZ Holding Siberia’s Corporate Relations Department reports. This is the first time such rails with enhanced strength and performance parameters have been manufactured in Russia. The rails were presented at EVRAZ ZSMK during a recent visit of Russian Railways’ delegates headed by the company’s Senior Vice President and Chief Engineer Sergey Kobzev. ‘DT400 IK rails are particularly wear-resistant and have an 8% longer lifespan than their

UrBC, Yekaterinburg, March 15, 2018. The telecommunications provider MegaFon has launched 4G bases in Sysert, Berezovsky, Kachkanar, Verkhnyaya Pyshma, Karpinsk, Kamensk-Uralsky, Verkhniy Tagil, Ivdel, Volchansk, Krasnouralsk, Verkhnyaya Salda, Nizhnyaya Salda, and Novaya Lyalya since the start of the year, the carrier’s press service reports. ‘Even if a video download is only delayed by four to six seconds, the suspense a user experiences is comparable to that caused by watching a horror movie and proves even more stressful than a traffic jam. Such were the findings of a recent research

UrBC, Yekaterinburg, March 15, 2018. MMK Group directed around RUR 2.24bn to charity and social programs last year, which exceeded the figures for a year earlier by 4%, the company press service reports. RUR 1.4bn came from Magnitogorsk Iron & Steel Works (MMK) itself; the company is now among Russia’s corporate social responsibility leaders in the mining and metallurgical sector, with SCR spending at RUR 42,700 per worker on average last year. MMK and MMK Group’s member organizations allocate funds for a wide range of charity and social programs that cover nearly all aspects of

UrBC, Yekaterinburg, March 15, 2018. Ural Airlines came up with a performance report for the first two months of 2018. 1,039,739 people flew with the air carriers in January and February 2018 (up 20% on a year earlier), the airline’s press service reports. The company operated 7,691 flights between January 1 and February 28, 2018, including 4,310 domestic flights, 1,762 flights to and from the CIS member states, and 1,619 international flights. This was 16% more than in the first two months of 2017. 473,134 people flew with Ural Airlines in February alone (up 20% on last February). The

UrBC, Yekaterinburg, March 14, 2018. ChelPipeGroup is holding White Coated Metallurgy: The Power of Transformation Exhibition at Moscow School of Management SKOLKOVO. The exhibition reflects the company’s unique approach to production and its philosophy of transformation through White Coated Metallurgy; there are several sections to look at — painting, graphic works, photography, interior design, architecture, and multimedia. The exhibition takes off on March 12 and will be open to visitors through May 7, 2018. ‘Moscow School of Management SKOLKOVO is one of the leading international

UrBC, Chelyabinsk, March 14, 2018. MMK Group’s Trade Union’s Legal Advice Service came up with a performance report for 2017, the company press service reports. The company’s lawyers are continually involved in expert examination of local normative acts’ draft proposals. They checked 567 drafts proposed by MMK Group for compliance with the Labor Code in the course of twelve months. The company’s labor dispute committee looked into eight employee complaints: in six cases, the employer’s orders were ruled ungrounded and got dismissed. The company workers asked for legal advice much more often

UrBC, Chelyabinsk, March 14, 2018. ChelPipe Group carried its financial report for the year 2017; the report has been drawn up along the International Accounting Standards, the company press service reports. The Group’s revenues rose by 17% in 2017 compared with one year earlier and amounted to RUR 158.257bn. Its gross profits declined by 6%, however, and reached RUR 37.572bn, while the company’s EBITDA also declined by 16%, down to RUR 23.639bn. ‘Our EBITDA was affected by dropping home sales and increased production costs. Our EBITDA margin declined by 5.8% and thus came to 14.9%. At the

UrBC, Yekaterinburg, March 14, 2018. New Long-Face 50-06 got launched at EVRAZ Holding’s Raspadskaya Coal Company’s Uskovskaya Mine; its estimated GZh coke-coal deposits come to 1.7m tons, the holding’s PR Department reports. Long-Face 50-06 has all the necessary high-performance equipment to ensure efficient coal extraction. The combined machine and other appliances have already been delivered onto the mine face. ‘We make a special effort to ensure miners’ safety. All the gas-drainage procedures were carried out prior to the launch of the long-face. During the mining jobs as well, all

UrBC, Yekaterinburg, March 14, 2018. Analytical Credit Rating Agency (ACRA) brought Sverdlovsk Region’s credit rating from BBB+ (RU) up to A- (RU), with Stable rating outlook; the constituency’s bond issue ratings were also promoted from BBB+(RU) to А-(RU), Sverdlovsk Region’s Information Policy Department reports. According to Sverdlovsk Region Economics & Territorial Development Ministry, the constituency’s credit rating and its bond issue ratings went a level up. This improvement was brought about by a number of key factors at play: better budget discipline, the budget growing more

UrBC, Yekaterinburg, March 13, 2018. The Ural Bank for Reconstruction & Development (UBRD) keeps expanding the range of bank guarantees available to businesses competing for contacts in government tenders. Companies can now apply for Contract Guarantee, the bank’s press service reports. ‘This is a universal banking product suited for both government auctions and covering one’s government and commercial tender liabilities. The upper limit is set at RUR 30m. You can apply for the guarantee on the bank’s website or at any of our business customer branches,’ the bank’s press service says.

UrBC, Yekaterinburg, March 13, 2018. Ural Airlines are launching a new flight from Krasnodar to Tbilisi and bank this summer. Starting May 24, 2018, passengers can fly to Georgia for as little as €64 (one way), the air carrier’s press service reports. Flights will be operated on Thursdays and (additionally) on Sundays. Departure from Krasnodar: 6:55 AM; departure from Tbilisi: 10:05 AM; the flight is one hour and 25 minutes long. ‘Georgia has a lot to offer its visitors. You can walk along Shota Rustaveli Avenue in Tbilisi’s bright sunshine, take a look at Narikala Fortress, the heart of

UrBC, Chelyabinsk, March 13, 2018. South Urals Chamber of Commerce & Industry, Israel-Russia Chamber of Commerce, and Haifa and Northern Israel’s Chamber of Commerce & Industry signed a cooperation agreement, South Urals CCI’s press service reports. The paper was signed during Chelyabinsk Region Government’s delegation’s recent visit to Israel. The delegation was chaired by Chelyabinsk Region Minister for Economic Development Sergey Smolnikov. On their visit to Haifa and Tel Aviv, the parties reached a preliminary agreement on how they will cooperate in a number of fields. Chelyabinsk