UrBC, Yekaterinburg, November 17, 2017. The Ural Bank for Reconstruction & Development (UBRD) looked into its credit card holders’ spending behavior in July through October 2017, the bank’s press service reports. According to their findings, customers mostly use their credit cards to pay for food items (20%), clothes and footwear (14%), and building materials (9%), as well as to pay their housing bills or pay at beauty parlors and to taxi drivers and haulers. ‘This kind of spending seems in full harmony with the purpose people applying for credit cards state in their applications: an

UrBC, Yekaterinburg, November 17, 2017. Ural Airlines are now selling a number of tickets at reduced prices, the air carrier’s press service reports. According to the airline representatives, passengers can now book their flights at a price comparable with the cost of traveling by rail. ‘Just a few hours on board and a flexible timetable save your time and allow for very convenient planning,’ the press service says. On sale are tickets for flights from Yekaterinburg to Krasnoyarsk (prices start from RUR1,500), from Yekaterinburg to Saint Petersburg (prices start from RUR 3,500), from

UrBC, Magnitogorsk, November 17, 2017. A new Continuous Hot-Dip Galvanizing Unit 3 got launched at Magnitogorsk Iron & Steel Works (MMK) in the summer, which meant the company could now supply more metal to carmakers, MMK Information, PR & Advertising Department refers to Anton Antonov from the plant’s Science & Technology Center as saying. According to Antonov, MMK is currently one of Russia’s leading automobile body sheet makers. The plant remains the market leader thanks to meeting its customers’ increasingly challenging sheet quality requirements. MMK metal enjoys demand with

UrBC, Magnitogorsk, November 17, 2017. Magnitogorsk Iron & Steel Works’ MMK Trading House and its subsidiaries all won prizes in the all-Russian contests coordinated by the Russian Union of Metal and Steel Suppliers, MMK Information, PR & Advertising Department reports. The awarding ceremony took place during the fall Metal Week in Moscow. The Union holds three nationwide contests every year in July-October: Russia’s Best Metal Base, Russia’s Best Metal Center, and Russia’s Best Sales Network. 130 companies competed in the contests this year. ‘Russia’s Best Metal Base Contest got the

UrBC, Yekaterinburg, November 16, 2017. The Ural Bank for Reconstruction & Development (UBRD) set up a recruiting center in Yekaterinburg, the bank’s press service reports. In addition to hiring, the center will be used for personnel management workshops. The center has negotiation and job interview rooms and a special conference hall fitted with all the modern multimedia appliances that is meant for trainings, workshops, and master classes for Yekaterinburg businesses’ HR experts. According to the UBRD Corporate Development & Personnel Management Director Yuri Voronin, competition is

UrBC, Magnitogorsk, November 16, 2017. Magnitogorsk Iron & Steel Works (MMK) is taking part in the 23 International Metall Expo 2017 Exhibition that opened in Moscow today, the company Information, PR & Advertising Department reports. ‘MMK’s stand is one of the largest and most interesting ones presented at the forum. Visitors to the exhibition can take a look at a wide range of produce and learn about the technological solutions offered by both MMK itself and all the member companies of MMK Group (Magnitogorsk Roller Plant, Ogneupor, MMK Trading House, United Service Company,

UrBC, Yekaterinburg, November 16, 2017. Ural Airlines started operating flights from Zhukovsky International Airport in Moscow Oblast one year ago this month (the date was November 14, 2016), the air carrier’s press service reports. The first flight was operated from Zhukovsky to Osh, Kyrgyzstan; this was the first scheduled international flight on the airport’s timetable. Ural Airlines were the first air carrier to discover the new airport’s potential and to introduce several flights to large cities and capitals in the CIS member states; the airline kept adding more destinations to its

UrBC, Yekaterinburg, November 16, 2017. Director-General of Pipe Metallurgical Company (TMK) Alexander Shiryayev and Director-General of Federal State Unitary Enterprise I.P. Bardin Central Research Institute for Ferrous Metallurgy (Tsniichermet) Viktor Semyonov signed a cooperation agreement during the 23d International Metall Expo 2017 in Moscow. According to TMK press service, the two parties plan to work together to develop and master new technologies for making innovative, exclusive steel types and super-corrosion-resistant pipes. For one, the company and the institute will coordinate

UrBC, Chelyabinsk, November 16, 2017. Russian Copper Company’s Mikheyevsky Ore Mining & Processing Enterprise (Mikheyevsky GOK) in Varnensky, Chelyabinsk Oblast, completed the repairs of its semi-autogenous grinding mill, the company press service reports. ‘We had to get one of the processing plant’s technological lines halted temporarily while the repairs were in progress, which meant our output dropped by 50% for the time being. However, our workers and our contractors proved highly professional, our industrial repair technologies proved very efficient, and our use of up-to-date

UrBC, Yekaterinburg, November 15, 2017. EVRAZ Holding’s Kachkanar Ore Mining & Processing Enterprise (EVRAZ KGOK) won bronze in Sverdlovsk Oblast Job Safety & Production Standards Contest, EVRAZ Holding Ural’s corporate relations center reports. The contest got coordinated by Sverdlovsk Oblast’s Industry & Science Ministry. The winner’s certificate was signed by Governor Evgeny Kuivashev. KGOK keep working to reduce the number of accidents at work and to improve working conditions. The plant’s workers all have uniforms and personal protective gear and enjoy increasingly better

UrBC, Yekaterinburg, November 15, 2017. The Ural Bank for Reconstruction & Development (UBRD) keeps expanding its branch network: a new branch for small and medium enterprises opened in Rostov-on-Don on November 9, 2017. This means the bank now operates two offices in the city, their press service reports. ‘This is a branch without a cash desk that only offers its services to SMEs. Our business customers can set up a settlement account here as well as sign an acquiring services agreement, put money into their deposit account, and order a company card. Our employees can also come to a

UrBC, Chelyabinsk, November 15, 2017. The management of Russian Copper Company met with the social activists Sergey Belogorkov and Vassily Moskovetz, who protest against the construction of Tominsky Ore Mining & Processing Enterprise in the area, the company press service reports. President of Russian Copper Company Vsevolod Levin, Vice President for Environmental & Industrial Safety Natalia Gonchar, and Vice President for Legal Issues, Corporate Relations, & Special Projects Oleg Medvedev attended the meeting on the investor company’s behalf. The two parties talked about all the

UrBC, Yekaterinburg, November 15, 2017. Yekaterinburg’s industrial production index might decline by 5% next year, according to the city’s economic development forecast that was presented to Yekaterinburg Duma deputies on November 14. The report was made by Head of Yekaterinburg Council Economics Department Alexei Pryadeyin, who said the city’s IPI was expected to go up 7% in 2018 (compared with 11% growth between January and October 2017). Pryadeyin also admitted a number of industrial branches fared a bit worse this year than before. For one, the catering and cafe industry has been

UrBC, Yekaterinburg, November 15, 2017. Ural Airlines started operating flights from Zhukovsky International Airport in Moscow Oblast one year ago this month (the date was November 14, 2016), the air carrier’s press service reports. The first flight was operated from Zhukovsky to Osh, Kyrgyzstan; this was the first scheduled international flight on the airport’s timetable. Ural Airlines were the first air carrier to discover the new airport’s potential and to introduce several flights to large cities and capitals in the CIS member states; the airline kept adding more destinations to its

UrBC, Magnitogorsk, November 14, 2017. An inter-plant production experience-sharing school for managers and white- and blue-collar workers in the hot-rolled sheet-rolling industry opened at Magnitogorsk Iron & Steel Works (MMK) on November 13, the company press service reports. Employees of Russia and the CIS’ largest metallurgical enterprises all joined in the workshop, including experts from NLMK Group, Severstal, Vyksunsk Metallurgical Plant, ArcelorMittal Timertau, Mariupol Iron & Steel Works, and Chermet. The latter has been hosting such workshops since the year 2000. Over twenty

UrBC, Yekaterinburg, November 14, 2017. UralVagonZavod Corporation (UVZ) carried its financial report (based on the Russian Accounting Standards) for the nine months of 2017, the company press service reports. ‘The corporation’s revenues reached RUR 61.1bn, which is comparable with last year’s figures. at the same time, revenues stemming from sale of civilian goods rose to RUR 27.8bn (compared with only RUR 8.4bn a year earlier) and thus made up 45.5% of our sales against 13.7% last year. Profits stemming from our high-margin export contracts declined by 30.9%, down to RUR 18.9bn in

UrBC, Chelyabinsk, November 14, 2017. South Urals Chamber of Commerce & Industry is going to host a number of business meetings involving entrepreneurs based in Chelyabinsk Oblast and Kurgan Oblast on November 21, the CCI’s press service reports. This business mission aims to establish and improve the local businesses’ ties and to provide a platform for mutually beneficial cooperation. The CCI is coordinating the event with support from Kurgan Oblast Business Incubator, a state-run entity whose representatives are coming to Chelyabinsk on a visit. Among the representatives are executives

UrBC, Yekaterinburg, November 14, 2017. Rosatom TVEL’s Ural Electrochemical Combine made RUR 17.147bn in sales revenues in January-September 2017, which exceeded the target figures by 9.1%, the company press service reports. The combine’s sales rose by 18.7% against last year, mostly because of the changes in the type of produce sold and because the planned sales contracts got fulfilled earlier than in the last quarter of the year as before. The price factor was a somewhat less important one. Produce for the nuclear industry made up over 90% of sales (RUR 15.901bn in the first half of the

UrBC, Yekaterinburg, November 14, 2017. 6,859,095 people have flown with Ural Airlines since the start of the year, which exceeds the figures for a year earlier by 24%, the air carrier’s press service reports. The company operated 47,097 flights between January 1 and October 31, 2017, including 28,217 domestic flights, 8,581 flights to and from the CIS member states, and 10,299 international flights. This was 17% more than one year previously. The airline’s passenger turnover amounted to 16.409bn passenger-kilometers. 736,978 people flew with the airline in October, which was 34% more than in

UrBC, Yekaterinburg, November 13, 2017. Ural Airlines are selling their tickets at a reduced price on November 11-17, 2017, the air carrier’s press service reports. Discounts (up to 30%) are offered on flights to be operated between November 11, 2017 and March 24, 2018 from Yekaterinburg, Novosibirsk, Chita, Tomsk, Barnaul, Omsk, Kemerovo, Blagoveshchensk, Krasnoyarsk, Yakutsk, and Vladivostok to destinations around Russia as well all over the rest of the world. ‘Our passengers can use their Wings Club bonus miles to partially cover the cost (1 bonus = RUR 1) as well as enjoy a RUR 1,000