August 21, 2014. ChTPZ Group’s warehouse facility (located on the premises of Uraltrubostal Trading House) hosted a two-day business conference dedicated to use of ChTPZ pipes in machine-building and shipbuilding and on the local markets. The company presented the production potential of the Group’s pipe manufacturing division at the conference, ChTPZ Group’s press service reports. 100 representatives of metal-trading companies, servicing centers, metallurgical and metal-consuming enterprises from all over Russia paid a visit to production departments of Pervouralsk New Pipe Plant (PNTZ, a

August 21, 2014. Yekaterinburg’s existing home market prices keep growing by 0.1% a week. Apartments have grown 4.3% more expensive since the beginning of the year, including a 0.4% price increase over the last four weeks, Ural Chamber of Real Estate’s press service says. According to the chamber’s analytical department, the median price of a square meter of housing in apartments available for purchase in Yekaterinburg came to 75,921 RUR on August 18, 2014. The existing home market supply keeps going up as well. Over five months, the number of dwellings advertised for sale through real estate

August 21, 2014. It now takes less time to get access to Sverdlovsk Region’s electric grids, which has a direct impact on investment climate improvements, Governor of Sverdlovsk Region’s Information Policies Department says based on the conclusions made at the local government meeting. Sverdlovsk Region Economics Minister Dmitri Nozhenko explained that the electric power suppliers’ regulations had been improved and trilateral agreements had been signed by local suppliers, Sverdlovsk Region Dispatching Office, and Sverdlovsk Region Government. Thanks to this, getting connected to electric

August 20, 2014. Ural Electrochemical Plant (a member enterprise of Rosatom’s TVEL Fuel Company based in Novouralsk) hosted a session of Rosatom’s Production System Development Coordination Committee that was dedicated to looking into the company performance in the first half of the year and setting target figures for the second half, the enterprise’s press service reports. During this meeting, Ural Electrochemical Plant’s production system development coordinator Ian Konishchev said that the company was working on 29 production system development projects at the moment, which outstripped all

August 20, 2014. Eight railway carriages designed by the team of Ural Railway Carriage Design Office (a member enterprise of Uralvagonzavod Scientific & Production Corporation) are soon going to be exhibited in the corporation’s railway produce exhibition. ‘These are experimental products that were developed in the late nineties and the beginning of the new millennium. These carriages were not actually used at railways, yet the technical solutions and innovations that were used in them were also implemented in later series-produced models and are still in use,’ the corporation’s press

August 20, 2014. In July 2014, Yekaterinburg received 252.95m RUR in non-tax revenues, the city council’s press service reports. This figure included 176.63m RUR worth of privatization income, 64.43m RUR worth of rent money, and 11.86m RUR worth of advertizing revenues. Revenues are considered to be non-tax ones if they stem from payments for the use of state funds or assets or from compensation for services rendered to legal entities and private individuals.

August 20, 2014. OAO Gazprombank opened a 1bn RUR credit line for OAO Uralmashzavod, the enterprise’s press service reports. The loan amount comes to 5.68% of Uralmashzavod’s assets, and it has to be paid back by July 16, 2015. The deal was approved by the company shareholders in the course of the annual general meeting on June 25. It is not reported just how this money will be spent. In the first half of 2014, Uralmashzavod’s net loss amounted to 854.391m RUR, (456.586m RUR in the second quarter of the year and 397.805m RUR in the first quarter). The company’s gross profit declined down to

August 20, 2014. Omsktransmash (a member enterprise of Uralvagonzavod Corporation) coordinated a skills contest among its crane operators called The Best in Profession. According to the corporation’s press service, eight workers who have already proved the best operators within their departments took part in the contest. ‘All of the contestants have at least three years’ experience, they have never violated workplace discipline regulations or the labor safety requirements. The difficulty of the theoretical and practical tasks corresponds to the fourth work category and the qualifications of a

August 20, 2014. MMK Trading House is expanding its share of the Russia & the CIS rolled steel market: the company set up a representation in Kazakhstan in August 2014. In May 2014, a division in Pensa was opened as well. MMK Trading House is responsible for 10% of Magnitogorsk Iron & Steel Works’ (MMK) domestic deliveries of metal products. The company is now gauging the potential demand for metal products on the Russian provincial markets and on the markets of nearby countries and is looking into the possibility of setting up new divisions. This year, MMK Trading House experts

August 19, 2014. Director-General of Uralvagonzavod Scientific and Production Corporation Oleg Sienko congratulated winners and participants of the world tank biathlon championship that took place in Alabino, Moscow Region, the corporation’s press service reports. On behalf of the corporation, which acted as the general sponsor for the event, the executive awarded the members of the strongest crew with special prizes: a top grade UAZ Patriot for every team member. At the end of the team championship, the first prize was given out to the Russian national team: the contestants managed to

August 19, 2014. Uraltransmash (a member enterprise of Uralvagonzavod Corporation) celebrated the 85th birthday of their designer Yuri Tomashov, the corporation’s press service reports. Chief Designer at Transmash Central Design Office (now known as Uraltransmash’s Transmash Special Vehicles Design Office), engineer, scientist, researcher, author of a number of research papers and inventions, Corresponding Fellow of the Russian Academy of Artillery Sciences, Hero of Socialist Labor, and winner of the State and Lenin Prizes was born on August 8. ‘On this festive occasion, Tomashov met with the

August 19, 2014. The Russian Association of Small-Scale Lodging Facilities is going to be set up in Yekaterinburg, Interfax reports. The proposal to establish such an organization was placed with the Russian Hotel Association by the Saint Petersburg Mini-Hotels Association. The decision was taken during the off-site meeting of the Supervisory Board in Yekaterinburg last Friday. There are currently 42 hostels with a total of 180 rooms (1,000 beds) in Yekaterinburg. The leading expert of Yekaterinburg Council Amenity Services Committee Natalia Lunegova also points out that about 22 new hotels

August 19, 2014. Sverdlovsk Region’s large-scale taxpayers were forced to pay 7,632,974.88 RUR to the local division of Russia’s Federal Tax Service, Sverdlovsk Region division of Russia’s Service of Court Officers reports. As of August 18, the local court officers in charge of handling special enforcement proceedings issued 100 provisions on forcing the debtor organizations to pay off their debts.

August 19, 2014. The public prosecution officers of Nizhneserginskiy District destroyed forty gaming machines at 25 Lesnaya St in Nizhniye Sergi, Sverdlovsk Region, the spokesperson for Sverdlovsk Region’s public prosecution authorities reports. The machines in question were confiscated in the course of inspections conducted by the public prosecution authorities and the police after it had been determined that some illegal gambling had been taking place in Nizhniye Sergi and Mikhailovsk. Following the public prosecution authorities’ demand, the said gaming machines were declared abandoned

August 18, 2014. Uralvagonzavod Scientific & Production Corporation took part in the third international forum called Machine-Building Technologies 2014; the forum took off in Zhukovsky, Moscow Region, on August 13, the corporation’s press service reports. The company’s Director-General Oleg Sienko joined the forum’s business program: for one, he attended the plenary session dedicated to cooperation and/or import replacement; the session was chaired by Russian Vice Premier Dmitri Rogozin. The corporation presented a whole range of promising developments by the member enterprises of its

August 18, 2014. As of August 1, 2014, there are 27,200 unemployed in Sverdlovsk Region; this comes to 1.2% of the working-age population, Sverdlovskstat officially reports. According to the findings of recent cluster sampling, there are 2,269,300 working-age residents in Sverdlovsk Region (as of May-July 2014). 2,134,400 people (94.1%) actually have a job and 134,900 people (5.9%) do not have a job but are looking for one (this latter category is classed as the unemployed in accordance with the International Labor Organization’s methodology).

August 18, 2014. Sverdlovsk Region industrial production index decreased by 5.2% in January-July 2014 compared with the seven months of 2013, Sverdlovskstat’s official report states. The index actually rose by 2.7% on the previous year in the sector of mineral resource production, yet this is still 5.5% lower than in June 2014. In the processing industry sector, the figure for January-July 2014 was 6.8% lower than in January-July 2013. It was also 5.5% lower than the index for June 2014. As for the production and distribution of electric power, natural gas, and water, the index went up by

August 18, 2014. Chkalovsky District Court of Yekaterinburg sentenced the director of several firms Alexander Osminin to three years in prison; the man was found guilty of embezzling 7m RUR that had been allocated from Sverdlovsk Region budget to the development of nanotechnologies, the press officer of Sverdlovsk Region public prosecution authorities reports. It was determined by the court that in 2008-2011, the businessman signed a number of agreements with Sverdlovsk Region Government for Industry & Science relating to reimbursement of money spent on scientific research and development

August 18, 2014. Wireless is now only available at VIP terminals and business lounges of Koltsovo Airport (Yekaterinburg) if you produce your passport to register. Users report the password is given out by airport employees. Wireless Internet connection was switched off on the rest of the airport premises altogether after the Russian Federation Government published its recent decree. Following this decree, the media announced that getting access to the wireless Internet connection was only possible if you produce your passport to register. As a matter of fact, it turned out later that you are

August 15, 2014. In the first half of 2014, the net loss of OAO Uralmashzavod amounted to 854.351m RUR, the issuer’s official report states. The company’s revenues dropped down to 2,513,296,000 RUR in the first half of the year compared with 3,646,333,000 RUR a year earlier. Gross profit decreased to 16.651m RUR, whereas the figure stood at 309.434m RUR in the first quarter of 2013.