UrBC, Yekaterinburg, May 18, 2017. Location is definitely the prospective luxury apartment building Riviera Club’s key competitive advantage, Riviera Invest Yekaterinburg’s Director-General Evgeny Shilov told UrBC. ‘According to luxury housing segment experts, the top three criteria that make a piece of estate a luxury one are location, location, and location. This is why our partners from Malysheva 73 Society suggested we join a construction project in a place like this, we said yes at once.’ ‘The building will be put up on the only spot in the historic part of the city that is available for

UrBC, Yekaterinburg, May 18, 2017. Officers working for Sverdlovsk Region division of Rospotrebnadzor (the state consumer rights watchdog) had 470 consumer items worth 561,000 RUR confiscated, the agency’s press service reports. The primary reason behind the confiscation was lack of documentation to prove that the goods in question meet the existing legislative requirements. Officers inspected 1,450 items all in all, including children’s clothing, clothes for grownups, footwear, and various accessories. Rospotrebnadzor’s officers carried out scheduled and unscheduled inspections at

UrBC, Yekaterinburg, May 17, 2017. Four students on ChTPZ Group’s Future of White Metallurgy Corporate Training Program are now representing Sverdlovsk Region in the 5th national round of WorldSkills Russia, a blue-collar job championship, the company press service reports. Multiple local championship rounds prize-winner and national semi-finals champion Dmitri Shmarlovsky is competing in NC Turning. Students in the third year of the Group’s corporate training program, WorldSkills Sverdlovsk Region winners and WorldSkills Russia semi-finals prize winners Vassily Kozyritsky and Andrei

UrBC, Yekaterinburg, May 17, 2017. ChTPZ Group is taking part in Saint Petersburg International Economic Forum 2017 on June 1-3, 2017, the company press service reports. The Group’s primary shareholder Andrei Komarov, Director-General of the pipe-manufacturing division Alexander Grubman, Finance Director Valeriy Borisov, and Commercial Director Denis Prikhodko are going to speak at the forum on the Group’s behalf. ‘The company is presenting its own stand on the Future of White Metallurgy Corporate Training Program at Russia’s largest business event. The stand features artworks created by

UrBC, Yekaterinburg, May 17, 2017. Riviera Invest Yekaterinburg’s Director Evgeny Shilov informed UrBC that the area of Riviera Club, the prospective luxury apartment building, will amount to 30,000 m2 plus another 5,000 m2 of shared space and shopping areas. According to Shilov, the most up-to-date technologies are used in the construction process. ‘Water treatment systems are probably the ones that require the most investments. For one, cold water will come from the city’s centralized supply system, get filtered in four different stages while it becomes fit to drink, and then delivered to

UrBC, Yekaterinburg, May 17, 2017. The number of Sverdlovsk Region residents whose incomes amount to less than the minimum living wage came to 436,600 people (10.1%) last year, Sverdlovskstat reports. A year earlier, the figure stood at 419,200 people (9.7%).

UrBC, Yekaterinburg, May 17, 2017. Sverdlovsk Region-based employers owed their workers 3.243m RUR in delayed wages and salaries as of May 1, 2017, Sverdlovskstat reports. This is 5.3% less than in March 2017 and 73.8% less than in April 2016.

UrBC, Yekaterinburg, May 16, 2017. Uraltrac-Dnipro, the official dealer of Ural Vagon Zavod Corporation’s Chelyabinsk Tractor Plant (ChTZ), presented the plant’s tractor T-100M3 made in 1980 at the Old Car Land 2017 International Festival in Kiev, the company press service reports. Some 900 exhibits were featured at the event, including passenger vehicles, trucks, special-purpose vehicles, and a unique collection of Harley Davidson motorcycles. In addition, there was a range of LAZ and Ikarus buses displayed in chronological order, the first Soviet post-war ‘limo' ZIS 110, and the unique

UrBC, Yekaterinburg, May 16, 2017. EVRAZ Holding’s Nizhniy Tagil Integrated Metallurgical Works (NTMK) made a set of R50 rails (OT350) by order of United Company RUSAL. The rails will be used at the latter’s bauxite deposit in Guinea called Compagnie des Bauxites de Kindia, EVRAZ Holding Ural’s Corporate Relations Center reports. The rails will be used to repair the railroad connecting the site to the sea port of Conakry that is used to transfer the bauxites from and deliver supplies to the deposit. ‘Africa is now one of the key export designations for EVRAZ rails. We deliver our produce to

UrBC, Yekaterinburg, May 16, 2017. Russian Copper Company, Metso, and Outotec presented their up-to-date mining equipment and technologies to students of Magnitogorsk State Technical University, the company press service reports. The college held yet another Career Day sponsored by Russian Copper Company on May 12, 2017. Over eighty students in their third, fourth, and fifth year of studies had the opportunity to get first-hand information on the advanced fossil extraction and processing technologies. The West’s leading manufacturers Metso and Outotec displayed their equipment and made a

UrBC, Yekaterinburg, May 16, 2017. A new layout for Yekaterinburg’s Akademicheskiy District was discussed at public hearings recently, RSG-Akademicheskoye reports. The new layout covers the construction of a hotel, a movie theater, and a local council building for the city’s eighth and largest district. The layout was designed by Yekaterinburg Master Plan Workshop. The organization has plenty of experience in the field of urban development and has contributed to the design of Yekaterinburg’s general layout, which ensured the challenge was met successfully. The new layout relies on all the

UrBC, Yekaterinburg, May 16, 2017. Sverdlovsk Region-based wholesalers sold 337.2bn RUR worth of goods in January-March 2017, which was 0.7% less than one year previously (in comparable prices), Sverdlovskstat reports. Wholesale sales of food items such as sausages and salami, grains, canned fish, canned meat, and meat and poultry declined by 1.9 times, 1.6 times, 32.6%, 15.3%, and 5.8%, respectively. The sales of diesel fuel and gasoline went down by 6.7% and 5.3%, respectively.

UrBC, Magnitogorsk, Chelyabinsk Region, May 15, 2017. Magnitogorsk Iron & Steel Works (MMK) keeps working on and enhancing its energy saving practices and energy efficiency. For one, the company spent four times more in terms of baby capex initiatives on energy efficient projects last year than in the year 2015, MMK reports. 300m RUR were directed to energy-efficient baby capex projects in 2015 and as many as 1.2bn in the following year. This year’s overall investments are estimated at 1.5bn RUR. The company also keeps encouraging its own employees to put forth production improvement

UrBC, Yekaterinburg, May 15, 2017. Ural Airlines came up with a performance report for the first four months of the year. 537,049 passengers flew with the airline in April 2017, which exceeded the figures for one year earlier by 26%. ‘The company operated 3,963 flights, including 2,298 domestic ones, 901 flights to and from the CIS member states, and 764 international flights. This was 16.4% more than in April 2016,’ the air carrier’s press service reports. The airline has offered its services to 1,871,401 customers this year so far, which is 28% more than in the first four months of last

UrBC, Yekaterinburg, May 15, 2017. Sverdlovsk Region’s foreign trade turnover reached $1.257bn in the January-February 2017, which was 13.9% less than one year previously, Sverdlovskstat refers to Ural Customs Administration as stating. Exports declined by 19.4%, down to $906m, imports rose by 4.7%, up to $353m.

UrBC, Yekaterinburg, May 15, 2017. The average asking price declined by 0.5% on Yekaterinburg existing home market in the last four weeks and currently comes to 66,749 RUR per m2. This is 13% less than in February 2015 and 2% less than at the start of this year, Ural Real Estate Chamber’s analytical report states. Prices went down most noticeably in the city’s remotest and cheapest locations, where homes can now be had for 47,939 RUR per m2 (-2.6%). This is all part of the estate revaluation process. The price decline came to 0.8% to 0.9% in the city’s second and third most expensive

UrBC, Yekaterinburg, May 15, 2017. Officers from Sverdlovsk Region division of Federal Tax Service and local law-enforcement agencies carried out fifty on-site tax audits in the first quarter of the year, which was 8.7% more than one year earlier, the division’s press service reports. Tax auditors forwarded files on thirty-six audits to the Investigative Committee. The files contain possible evidence of crimes stated in Articles 170 and 198-199.2 of Russia’s Criminal Code. Also, 3.788bn RUR were transferred to the national budget as a result of enforcement proceedings coordinated by the tax

UrBC, Yekaterinburg, May 15, 2017. The amount of past-due loan payments and other debts owed to banks by Sverdlovsk Region-based private individuals came to 11.584bn RUR on April 1, 2017, the Bank of Russia’s reports indicate. This is nearly half a billion rubles more than at the start of the year (slightly under 11.1bn RUR on January 1, 2017). At the same time, the amount of past-due repayments on loans issued in foreign currencies dropped by 7% compared with the beginning of the year, from 24.9m RUR on January 1 down to 23.1m RUR on April 1.

UrBC, Yekaterinburg, May 12, 2017. Ural Vagon Zavod Corporation’s Chelyabinsk Tractor Plant (ChTZ) had its S60 tractor (Stalinets) stationed next to the plant’s main entrance renovated, the company press service reports. ‘The plant used to make such tractors in 1933-1936 and had one of them stationed on a pedestal next to the entrance on the plant’s 50th anniversary in 1983. Since then, the tractor memorial, just like the one in Chelyabinsk’s Komsomolskaya Square, has been one of the city’s hallmarks. The only ligroin S 60 that exists in the Southern Urals today never fails to attract the

UrBC, Yekaterinburg, May 12, 2017. Forty-five different military vehicles and weapon types produced at Ural Vagon Zavod Corporation’s three plants were featured in the Victory Day Parade in Moscow’s Red Square on May 9, the company press service reports. The company’s head plant Ural Vagon Zavod presented twenty-three promising armored vehicles, including the latest-generation T14 Armata tanks, the upgraded T 72B3 ones, and the armored evacuation vehicles BREM 1. ‘This is the first time our upgraded T 72B3 tanks have taken part in a parade. Thanks to a new, more powerful engine, the tanks are