July 4, 2014. Uraltransmash (a member enterprise of Uralvagonzavod Corporation) won a tender for the right to receive state subsidies allocated for the development of hi tech production projects, the corporation’s press service reports. The tender was coordinated by the Russian Federation Government in accordance with Provision 218 dated April 9, 2010 On State Supporting the Development of Cooperation between Russian Higher Educational Establishments and Organizations Dealing in High Technology Production Projects. 149 organizations and enterprises took part in the fifth stage of the tender,

July 4, 2014. Transport Machine-Building Design Office (KBTM, a member enterprise of Uralvagonzavod Corporation) came third in the 10th industrial Best CSR Enterprise Contest. The competition is dedicated to the 80th anniversary of the All-Russian Trade Union of Defense Industry Workeres OBORONPROF, Uralvagonzavod Corporation’s press service reports. The event was coordinated by the Russian Industry & Trade Ministry’s Weaponry, Munitions, and Special Chemicals Department, the All-Russian NGO Union of Russian Machine-Builders, and the All-Russian Trade Union of Defense Industry Workers’

July 4, 2014. Russian Copper Company, one of the key exponents at the international exhibition Innoprom 2014, is going to present a unique social project DoChePuGoLeTTO in addition to its innovative stand featuring the company’s large-scale projects. The DoChePuGoLeTTO Project is already quite familiar to residents of those constituencies where Russian Copper Company operates is enterprises; now it will become known to all the visitors to the event (whose theme for this year is Smart Industry, which makes the project fit nicely), the company’s press service reports. A literature, philosophy,

July 4, 2014. The innovative tramways made at a joint venture run by Uralvagonzavod Corporation and the Polish company PESA are now undergoing the final testing stage: the trams are currently used in Moscow and travel along Route 6, from Bratsevo to Sokol Underground Station, says Moscow Transport Infrastructure Department. Not a single problem was observed during the testing stage: the new tram’s performance is flawless. In the meanwhile, passengers on Route 6 are already commenting on the increased comfort the new tram offers: MosGorTrans has been receiving thank-you notes from passengers.

July 3, 2014. SKB-Bank came up with a special offer for its customers – Profitable Summer deposit, the bank’s press service reports. The deposit period comes to 540 days and the maximum interest rate (10.35% a year) is fixed for this entire period. An account can be set up with only 10,000 RUR in it. What is more, every customer who opens such a deposit will get SKB-Bank’s plastic card at no extra charge. ‘Get ready for the holiday season and bear in mind that this summer is the best time to choose a suitable deposit scheme at a reliable bank and ensure the highest interest rate,’ the bank

July 3, 2014. Ural Airlines are introducing a new scheduled flight from Rostov to Simferopol. The flight will be operated every Monday, Wednesday, and Sunday starting from July 13, 2014, the airline’s press service reports. ‘The Crimea is a very popular resort with Russian holidaymakers. The peninsula has everything someone looking for an unforgettable break needs: fresh air, seaside pleasures, intact nature spots, antique and medieval sights, countless health resorts, plenty of fruit and vegetables in the local markets, and entertainment for all the family,’ the air carrier’s representatives

July 3, 2014. An agreement on setting up a joint venture by Uralvagonzavod Scientific & Production Corporation and PESA will be signed during the Innoprom 2014 Exhibition, Uralvagonzavod Corporation’s press service reports. According to the corporation’s experts, this is going to become an important step on the way to localizing the production of up-to-date deluxe trams in the Russian Federation. ‘The two partner companies are currently successfully working on a contract that was signed by Moscow Transport & Road Infrastructure Department and Uralvagonzavod’s Yekaterinburg-based

July 3, 2014. Starting from July 1, 2014, 26 locomotive maintenance depots formerly run by Russian Railways were handed over to the management of STM-Service (a member enterprise of Sinara Transport Machines Holding), the holding’s PR Department reports. Under the contract the company has signed with Russian Railways, STM-Service is now offering full-cycle maintenance services to about 5,000 locomotives (8,200 sections) of various series ranging from freight mainline AC and DC locos to freight diesel-locomotive shunters and mainline locomotives to electric and diesel passenger locos.

July 3, 2014. The economics weekly Kommersant Dengi carried a rating of Russian banks based on the amount of money in private individuals’ deposits as of June 1, 2014. In Q2’14, the Ural Bank for Reconstruction & Development was the 23d largest bank in the country in terms of private individuals’ deposit volume, the bank’s press service reports. The UBRD has long proved to be a reliable bank for those looking to save and build up on their savings: as of June 1, 2014, private individuals trusted more than 89m RUR worth of their savings to the bank all in all; the share of deposits in the

July 2, 2014. Ural Airlines and its new partner Taxi Avantime are offering new discounts to Wings Club members, the airline’s press service reports. To join the Wings Club program, you need to submit your application via the airline’s official website www.uralairlines.com, on board, or at Ural Airlines’ booking offices. To get a discount on a taxi ride in Yekaterinburg, you need to produce your Wings Club membership card or your boarding ticket at Taxi Avantime stand at Koltsovo Airport. The discount comes to 3% to 10%.

July 2, 2014. The Consumer Lending Act that came into effect on July 1, 2014 could improve the quality of Russian borrowers, the Ural Bank for Reconstruction & Development’s Lending Services Director Svetlana Davydova said at a press conference. According to Ms Davydova, the new law resulted in significant changes in the way loans are issued to private individuals; the banks’ ways of resorting to non-transparent lending schemes have been limited as well. ‘Under the new law, the borrowing party can now spend at least five days thinking of whether to sign the lending contract. This is an

July 2, 2014. Uralvagonzavod Scientific & Production Corporation’s youth club celebrated its 15th ‘birthday’ on the Russian Youth Day, the corporation’s press service reports. The jubilee concert organized for the occasion gathered together the most active and labor-loving young people at I.V. Okunev Palace of Culture. Uralvagonzavod Corporation’s youth club has remained the leader for many years and is still one of the largest youth organizations in Russia. The corporation employs 12,392 workers under 35 at the moment, of whom 7,143 people are youth club members. ‘Over these fifteen

July 2, 2014. The commander of Vietnam’s National Defense Ministry’s Engineering Corps took an interest in the vehicles made at Chelyabinsk Tractor Plant (ChTZ, a member enterprise of Uralvagonzavod Corporation) that were shown to him by Uralvagonzavod Corporation’s Deputy Director-General Valeriy Platonov, ChTZ Director-General Viktor Voropayev, and Tractorozavodsky Technological Park’s Daughter Companies & Affiliates Director Dmitri Shkyrdin during their business trip to Vietnam, the corporation’s press service reports. The military authorities were shown the entire range of the

July 2, 2014. The Federal Act FZ 353 on Consumer Lending that aims to bring more structure to the Russian lending market comes into effect on Tuesday, July 1. With the new legislation’s regulations in mind, Bank Koltso Urala is launching a free information service for its customers. The service provides an annually updated loan repayment schedule, the bank’s press service reports. ‘Starting today, customers who take out a loan from Bank Koltso Urala will get access to My Account section on the company website. After they enter their log-in and passport at cabinet.kubank.ru, borrowers can

July 1, 2014. Employees of Uralvagonzavod Corporation’s head plant celebrated their professional festive day – the All-Russian Day of Inventor & Production Improver – on June 28, the corporation’s press service reports. The target figures for the number of proposed and implemented production improvement suggestions for the first half of 2014 were met by 100%. Over 300 experts from 55 structural divisions of the plant took part in this process. The enterprise currently sees a reduction in production costs as one of its top development priorities; one part of dealing with this task is the

July 1, 2014. The Kazakh Government approved of the signature of an intergovernmental agreement between the Russian and the Kazakh Governments that would regulate the way the two parties could cooperate when developing an ore deposit located on the two countries’ state frontier, Vesenne-Aralchinskoye deposit (Government Provision 646 dated June 13, 2014), Russian Copper Company’s PR Department reports. Russian Copper Group’s member enterprises – Ormet (Orenburg Region, Russia) and Aktyubinsk Copper Company (Aktyubinsk Region, Kazakhstan) – have the right to use the resources of the deposit.

July 1, 2014. Uralvagonzavod Corporation organized Minor Olympics for children from Childhood kindergarten and daycare chain, the corporation’s press service reports. The competitions were held at the company stadium Sputnik and gathered together more than 200 children from 25 kindergartens located in Dzerzhinsky District of Nizhniy Tagil. Every kindergarten is supported by a department from the corporation’s head plant. These are actually the second Minor Olympics for pre-school children. Uralvagonzavod Corporation tried this out for the first time last year, and the experience proved rather

July 1, 2014. Experts from Bank Koltso Urala looked at the financial results of June and the demand for foreign currency last month. It turned out that the US dollar was the most popular currency with private individuals over the last four weeks: the dollar sales rose by one-third compared with May 2014, while the euro sales stood at the same level, the bank’s press service reports. ‘The popularity of the US dollar mainly has to do with the fact that this is traditionally the currency of choice when it comes to foreign currency savings. Moreover, if you are trying to spend less, it makes

July 1, 2014. The special 35th Airbus A320 liner was added to Ural Airlines’ fleet of vehicles recently. This is the 20th liner of the A320 type that the company purchased from a seller in the Philippines. The liner is fitted with 156 seats, including 144 economy class ones and 12 business class ones, the air carrier’s press service reports. The new aircraft is expected to be used both on international and domestic flights. The liner’s first flight under the airline’s flag was operated on Saturday night. This was a Yekaterinburg-Moscow one. Now Ural Airlines embarked on a fleet renovation

June 30, 2014. Uralvagonzavod Corporation’s head plant keeps working on capital and current repairs of socially important facilities: the company currently operates a number of major sports and medical establishments, Palace of Culture, and several recreation camps, the corporation’s press service reports. The maintenance of V.K. Sotnikov Ice Sports Palace was made the responsibility of the enterprise in 2010. All the current repairs relating to preparations for the new Supreme Hockey League Championship have by now been completed. The roof of Section B is being repaired, and the ice arena is