16 January 201714:08

FlyDubai: Emergency Landing in Chelyabinsk

UrBC, Yekaterinburg, January 16, 2017. FlyDubai airplane going from Dubai to Yekaterinburg had to face an emergency landing in Chelyabinsk last night. Koltsovo Airport’s press service reports the decision had to be taken as the plane (Boeing 737-800) wasn’t functioning properly. At the same time, it is also reported the trouble had been caused by poor weather conditions in Yekaterinburg. There were seven crew members and 170 passengers on board. Passengers got transferred from Chelyabinsk to Yekaterinburg by bus.
13 January 201713:34

Ural Vagon Zavod Makes 2 of World’s Top 5 Military Vehicles

UrBC, Yekaterinburg, January 13, 2017. Ural Vagon Zavod Corporation’s T90 tank and Buratino TOS 1 heavy flamethrower made it to the list of World’s Top 5 military vehicles last year according to China Military, the company press service reports. ‘Our T90 tank made at the corporation’s head plant is on top of this list. According to China Military, this was the primary and most important armored vehicle for the Syrian Government’s armed forces. It is reported that the Russian tank proved both useful in the fight against local Islamist groups and surprisingly destruction-proof,’ the press
13 January 201713:34

EVRAZ ZSMK Wins Vernadsky Prize

UrBC, Yekaterinburg, January 13, 2017. EVRAZ Holding’s West-Siberian Integrated Metallurgical Works (ZSMK) won the National Environmental V.I. Vernadsky Prize, EVRAZ Holding Siberia’s press office reports. The plant’s project on upgrading the facilities of Novokuznetsk’s primary employer won in the Urban Environment category. ‘For many years, the plant has been implementing large-scale environmental protection and conservation programs such as doing away with the obsolete facilities, switching to up-to-date equipment, and introducing new waste recycling technologies. We have a list of
13 January 201713:34

UBRD Holds Winter Break at Foster Homes

UrBC, Yekaterinburg, January 13, 2017. The Ural Bank for Reconstruction & Development (UBRD) coordinated its first Winter Break Project for children living in foster homes and social security centers for the first time this year; this is part of the bank’s Children Believe in Miracles program, the bank’s press service reports. Fifteen teenagers from Bogdanovich, Kachkanar, Nizhniy Tagil, and Pervouralsk came to the bank’s head office on January 15 to take part in a ‘grown-up life workshop’. ‘The goal was to use the following five days to motivate the teens to seek work and learn to live
13 January 201713:33

Sverdlovsk Region: 43,290 kg of Sanctioned Foods Destroyed

UrBC, Yekaterinburg, January 13, 2017. 43,290 kg of sanctioned foods were confiscated and destroyed in Sverdlovsk Region last year, Rosselkhoznadzor’s local division’s press service reports. It was detected the Russian plant quarantine requirements were not complied with in 457 instances, including 206 cases of failure to meet Koltsovo Airport’s sanitary control standards. 454 fines (total amount: 577,800 RUR) were issued by the customs authorities, of which 506,100 RUR (96%) have been paid so far. Also, 235 warrants were issued to the non-complying companies.
13 January 201713:33

Russia: Pensions to Get 5.4% Inflation Adjustment

UrBC, Moscow, January 13, 2017. Old-age insurance pensions will get a 5.4% inflation adjustment on February 1, 2017; this increase in comparable with the actual inflation rate in 2016, Labor Minister Maxim Topilin informed reporters following Russian President Vladimir Putin’s meeting with the Cabinet officials, TASS reports. ‘Pensions will get inflation-adjusted on February 1, 2017. Rosstat carried its consumer price index report for the year 2016, and their inflation figures state at 5.4%, so all insurance pensions will go up by 5.4% on February 1,’ Topilin is quoted as saying. According to
12 January 201714:41

Russians Eat Less Meat, More Potatoes

UrBC, Moscow, January 12, 2016. Russians have tended to eat less meat, fish, milk, and sugar and more potatoes, melons, pumpkins, and vegetables in the last few of years, Izvestia refers to Rosstat’s report on the federal constituencies’ socioeconomic development indicators as stating. According to Rosstat, the average amount of meat, fish, milk and dairy products, and sugar a Russian eats a year dropped by 2kg, 5kg, 9kg, and 1kg, respectively, between 2013 and 2015. The average amount of consumed eggs and bread has remained the same, while that of vegetables, melons, pumpkins, and zucchini
12 January 201714:40

UBRD Gets Security Certificate

UrBC, Yekaterinburg, January 12, 2016. The Ural Bank for Reconstruction & Development (UBRD) renewed its Payment CardIndustry Data Security Standard (PCI DSS) 3.2 for this year to prove its compliance with the world’s highest security standards, the bank’s press service reports. Now PCI DSS is the payment card security standard that accounts for information security requirements set forth by all the leading international payment systems. The standard was devised by the Payment CardIndustry Security Standards Council (PCI SSC) that has Visa, MasterCard, JCB, American Express, and Discovery
12 January 201714:40

EVRAZ NTMK Makes New Metal Goods

UrBC, Yekaterinburg, January 12, 2016. EVRAZ Holding’s Nizhniy Tagil Integrated Metallurgical Works (NTMK) expanded the range of products available from its rail and beam department with 22P channel bar. Over 200kg of these bars were delivered to construction sites in Moscow Region in December, the company press service reports. The hot-rolled 22P channel bar is used for making bridges and building wider flights of stairs at warehouses. The product meets GOST 8240-97 standards and can be made from carbon or low-alloyed steels. 22P channel bar is the fourth bar variety NTMK has mastered so
12 January 201714:40

EVRAZ: Raspadskaya Mine to Start New Seam

UrBC, Yekaterinburg, January 12, 2016. EVRAZ Holding’s Raspadskaya Mine is about to start working on new Seam 6-6a (in-place reserves: over 127m tons of valuable GZh coal), EVRAZ Holding Siberia’s press office reports. The jobs are expected to begin in the third quarter of 2017 when Long-face 4-6-33 has been launched. The new seam will provide the mine with things to do through 2030; this will require some 90m RUR worth of investments. ‘Getting Seam 6-6a ready is currently Raspadskaya’s top priority project, as this will keep us afloat in the long run. Our geological surveys indicate the seam
12 January 201714:39

Ural Vagon Zavod Restores Vehicle for Tankprom Museum

UrBC, Yekaterinburg, January 12, 2016. Ural Vagon Corporation’s head plant is currently working to restore Exhibit 781 — the first Soviet tank fire support armored fighting vehicle designed at Chelyabinsk Tractor Plant in the mid-eighties - for the company’s Tankprom museum, the corporation’s press service reports. Once the restoration jobs have been completed, the machine will become part of the museum’s permanent exhibition (to be opened in Nizhniy Tagil in 2020). The vehicle, based on T72 tank, arrived in Nizhniy Tagil in badly damaged condition and with some parts missing. This has to do
11 January 201715:30

Chelyabinsk Tractor Plant to Supply Loaders to Peru

UrBC, Yekaterinburg, January 11, 2016. Ural Vagon Zavod Corporation’s Chelyabinsk Tractor Plant (ChTZ) landed a contract to deliver its PK 55 loader to Peru. The agreement was signed with Vostok-Sur Export-Import, the plant’s official supplier in this part of Latin America, the company press service reports. ‘Once the vehicle has been assembled at the plant, it will have to be prepared for a long voyage; the machine will get delivered to customer by sea, on a ship traveling across the Atlantic. Once the loader is on site, our dealer will coordinate a large-scale presentation on Chelyabinsk
11 January 201715:30

Ural Airlines Launch Chelyabinsk-Sochi-Mineralnye Vody Flight

UrBC, Yekaterinburg, January 11, 2016. Ural Airlines now offer their customers a new flight from Chelyabinsk to Mineralnye Vody with a stopover in Sochi, the air carrier’s press service reports. ‘Chelyabinsk locals now have a unique opportunity to fly to Mineralnye Vody with Ural Airlines. Starting February 10, 2017, our passengers can enjoy the benefits of a conveniently scheduled flight that will be operated from Chelyabinsk at 8:30 AM every Friday,’ the press service says. Tickets are available at reduced prices (all fees included): those for Chelyabinsk-Mineralnye Vody flight start from
11 January 201715:29

RAD Allowed to Hold Government Purchase Auctions

UrBC, Yekaterinburg, January 11, 2016. The Auction House of the Russian Federation (RAD) got its e-trading platform certified for holding government purchase auctions in accordance with Federal Act 44 FZ (On Buying Goods and Services for State and Municipalities’ Needs). The Russian Government’s Decree 2933-r to this effect was signed on December 31, 2016, the organization’s website states. Under the terms proposed by Russia’s Economic Development Ministry, 44 FZ auctions can be held on electronic platforms that have previously been selected for selling public property in accordance with the
11 January 201715:29

3 New Hotels Open in Yekaterinburg

UrBC, Yekaterinburg, January 11, 2016. Three new hotels (more than 200 rooms all in all) opened in Yekaterinburg last year, the city council’s press service reports. Two three-star hotels, the Tenet (fit for 102 guests) and the Arbat (fit for 30 guests), opened at the intersection of Lenin Ave and Khokhryakov St and at 9A Vainer St, respectively. The TESSA Hotel, also a three-star one and fit for 30 guests, opened at 28A Akademicheskaya St. There are currently 116 hotels in various star categories operating in Yekaterinburg at the moment; their overall capacity comes to room for over 10,500
10 January 201709:28

Ural Vagon Zavod Gets MoD Award

UrBC, Yekaterinburg, January 10, 2017. Ural Vagon Zavod Corporation’s head plant was given the Russian Federation Defense Ministry Award for complying perfectly with the state defense procurement requirements for 2016, the company press service reports. The honorary certificate, signed by Deputy Defense Minister Yuri Borisov, states the award was assigned to the plant for its ‘great efforts to support and improve Russia’s defense capacity and to meet the State Defense Procurement Requirements for the year 2016.’ Ural Vagon Zavod did meet all the requirements ahead of schedule last year,
10 January 201709:28

Sinara Development Commissions Building in Volgograd

UrBC, Yekaterinburg, January 10, 2017. Sinara Group’s Sinara Development completed the tenth apartment building in its Novy Svet District in Volgograd, the company press service reports. The developer was issued a commissioning permit for the building at 15 Timiryazev St on December 23, 2016. The owners are currently being handed over the keys to their new homes. ‘Both current and future locals celebrated the commissioning of this sixteen-story apartment building together with Father Frost and his granddaughter Snegurochka and had a great time with neighbors and friends. There was a special
10 January 201709:28

Ural Locomotives Meet Output Goals for 2016

UrBC, Yekaterinburg, January 10, 2017. Sinara Group and Siemens’s joint venture Ural Locomotives coordinated a solemn ceremony on December 29 to look into its output goals for and performance in the year 2016, Sinara Group’s press service reports. This year, the plant made thirty Lastochka ES2G Series electric trains, eighty-nine Sinara 2ES6 Series freight locos, and fifteen Granit 2ES10 Series locos in full accordance with the company’s output plan for the year. Ural Locomotives’ best-performing workers received awards from the Governor of Sverdlovsk Region, Sverdlovsk Region Industry &
10 January 201709:27

UBRD Makes Coupon Payments on Eurobonds

UrBC, Yekaterinburg, January 10, 2017. UBRD Capital Designated Activity Company made coupon payments on the seventh out of eleven coupons for its subordinated Eurobonds. The payment amounted to $4.08m altogether. The Eurobonds are backed up by the Ural Bank for Reconstruction & Development, with the special-purpose Ireland-based company UBRD Capital Designated Activity Company as the issuer and BCP Securities, BNP Paribas, and Sberbank CIB as lead managers. The bonds are now listed at and available through the Irish Stock Exchange. The money thus obtained got directed to the UBRD’s own