April 23, 2013. Last Friday, April 19, the Ural Bank for Reconstruction & Development went through with the offering of its BO-05 bond issues worth a total of 2bn RUR. The bonds will be in circulation for seven years from the date of offering, with a year’s offer provided for, the bank’s press service reports. The UBRD accepted the bids for the bonds on April 10-17, 2013 in the book-building format. The BO-05 issue was coordinated by Promsvyazbank and Nomos Bank. 79 deals were landed with primary investors during the offering per se, which means this issue is of a market nature and good

April 23, 2013. Over 10,000 employees of Chelyabinsk Tube-Rolling Plant and Pervouralsk New Pipe Plant will undergo medical checkups in 2013, ChTPZ Group’s press service reports. To make things more convenient for the workers and to save time, the checkups will take place in the corporate medical units, at ChTPZ Medical Center (Entire Medicine Clinic), and at its branch in Pervouralsk. ChTPZ Group is a socially responsible company that invests millions of rubles into healthcare protection and promoting healthy lifestyle for its workers. A voluntary medical insurance program has been available

UrBC, Yekaterinburg, April 22, 2013. Chelyabinsk Tractor Plant (ChTZ-Uraltrac, a member enterprise of Uralvagonzavod Corporation) is expected to ship 35 vehicles to Surgutneftegaz in May, the corporation’s press service reports. The shipment comprises a number of pipe-laying trucks, swamp tractors that will be used for pulling, the powerful B-12 and B-10M bulldozers with a hydro-mechanical transmission system that ensures the ease of operating this multi-ton truck. Most of the vehicles have already been delivered to the consumers in full compliance with the terms of the contract. Nearly all

UrBC, Yekaterinburg, April 22, 2013. A unique Mechatronics training workshop is now operating on the premises of Uralvagonzavod Personnel Training Center. This workshop offers a skills upgrade to all kinds of mechanics, electricians, setup experts, heads and experts from the Mechanic Service Department and the Energy Department, computer programmers, engineers who deal in design, assembly, start-up, and O&M of modern multi-functional technological lines and electronically controlled units, Uralvagonzavod’s press service reports. This is actually the second training workshop that operates

April 22, 2013. In 2012, Magnitogorsk Iron & Steel Works (MMK) proved the only Russian metallurgical enterprise that managed to keep its EBITDA at the same level as a year earlier. The figure came to $1.36bn. On the one hand, this was just 1.5% more than in 2011. On the other hand, all the other companies in this sector are doing much worse, InvestCafe analyst Pavel Yemelyantzev said when commenting on MMK’s financial report for 2012. He pointed out that NLMK and MMK were the only businesses that managed to increase their revenues last year. The former’s increase amounted to 3.6% and the

April 8, 2013. Magnitogorsk Iron & Steel Works (MMK) considerably expanded the volume of shipments its makes to the Russian ship- and bridge-building enterprises. Last year, the output of Mill 5000 produce MMK shipped to the bridge-building and ship-building customers rose by over two and three times, respectively, on the previous year. All in all, MMK’s metal goods shipments on the domestic bridge-building market amounted to 67,000 tons in 2012, while the shipments of goods to the ship-builders reached 75,000 tons, the enterprise reports. For one, 7,000 tons of rolled sheets with regular

UrBC, Yekaterinburg, April 22, 2013. The money needed to do the building and assembly jobs in the course of reconstructing Yekaterinburg’s Central Stadium will be allocated from the federal budget, Sverdlovsk Region Minister for Physical Education, Sports, and Youth Policies Leonid Rapoport announced at a recent press briefing. ‘A meeting on the development of sports in Russia was held in Moscow on Thursday; the agenda covered issued relating to the World Cup preparations, among other things. It was announced that an ad hoc committee would be set up under the Russian Sports Ministry to

April 19, 2013. Mayor of Nizhniy Novgorod Oleg Sorokin paid a visit to Burevestnik, a member enterprise of UVZ Corporation, during the filming of Volga TV Company’s Nizhniy Novgorod’s Horizons, the corporation’s press service reports. Burevestnik Scientific Research Institute’s Director-General Georgy Zakamennykh introduced the group of visitors to the process of reconstructing the production sites and the company’s scientific research facilities. He also demonstrated them the latest technological machinery and took them to the Data Processing Center with its unique Minin computer, the press

April 19, 2013. The first sample of their new BKK-2 compactor was shipped by Chelyabinsk Tractor Plant (ChTZ) manufacturers to Georgia, Uralvagonzavod Corporation’s press service reports. This multi-purpose vehicle is produced at ChTZ-Uraltrac (Chelyabinsk Tractor Plant, a member enterprise of Uralvagonzavod Corporation). Its primary function consists in solidifying household waste; in addition, this unit can do a number of other things. If the steel spiked drums get replaced with the usual wheels with rubber tires, the vehicle turns into a regular loading truck. Replacing the scoop with a

April 19, 2013. The city budget’s revenues amounted to 32.686bn RUR last year, while the spending came to 32.191bn RUR. Most of the inflow (19.833bn RUR, or 60.7%) came from the tax and non-tax revenues, with another 12.91bn RUR (39.3%) allocated from Sverdlovsk Region and federal budgets, Yekaterinburg Council press service refers to a report on Yekaterinburg budget for 2012 as stating. According to Head of Yekaterinburg Council Finance Department Andrei Koryukov, the budget spending will be quite socially responsible this year, just like last year, and will fully back the responsibilities

April 19, 2013. METCOMBANK recently launched a Hitachi Unified Storage-based data storage system that aims to support the business’s long-term development, the bank’s press service reports. The company switched to a new platform in order to expand the range and improve on the quality of services the bank offers and to enhance the company’s internal performance efficiency. Hitachi Unified Storage was selected in the course of a multi-vendor contest. The system’s increased productivity, energy efficiency, and high data storage density proved the decisive factors in the selection process.

April 19, 2013. Governor of Sverdlovsk Region Evgeny Kuivashev published a report on his income, property and liabilities, as well as on the income and property of his relatives as of 2012, Governor of Sverdlovsk Region’s Information Policies Department reports. According to this document, the Governor received 5m RUR in terms of income last year. He owns a 144-sq-m apartment, a MZSA trailer, and a VX700 jet ski. The Governor’s spouse’s income amounted to 7.6m RUR last year. She owns a 118.7-sq-m apartment and a 50% share in a 98.4-sq-m non-living premises. She also owns a Toyota RAV4. The

April 18, 2013. ZAO Astais is going to present its fortified multi-purpose KAMAZ-based truck meant for passenger transportation at the 9th International Arms, Military Vehicles, and Ammunition Exhibition Russia Arms EXPO 2013 (RAE 2013); the event is coordinated by Uralvagonzavod Scientific & Production Corporation, the corporation’s press service reports. This new vehicle, designed in Naberezhniye Chelny, is fitted with a life support and an anti-killing agent systems that meets Class A Protection requirements (GOST 50963-96), which guarantees that soldiers inside will be safe from a

April 18, 2013. This year, Uralvagonzavod Scientific & Production Corporation will keep on developing its social partnership with the schools from Nizhniy Tagil’s Dzerzhinsky District. By the end of May, all of the district’s 20 schools will receive financial aid from the corporation’s head plant, the corporation’s press officer reports. Just like last year, Uralvagonzavod allocated 400,000 RUR to each of the schools, to be spent on current repairs and renovating the schools for the new school year. Besides, every school will be given an additional 100,000 RUR to finance the participation

April 18, 2013. Ural Airlines is offering the Great Patriotic War veterans its usual May gift this month: the veterans are entitled to a free trip from hero-cities Moscow and Saint Petersburg and back, and people who accompany them get a 90% discount on the basic economy class fare, the airline’s press service reports. ‘This is not the first time Ural Airlines is launching this special offer. A chance to see one’s close friends and wartime comrades is the best gift one can get on Victory Day,’ the company’s press release says. Free tickets are available for the following flights:

April 18, 2013. About 90% of those who applied for their Work and Travel USA visa to the Consulate (the interviews are held every Thursday starting March 14) were refused a visa. This amounts to 1,700 out of 2,000 applicants. Russian citizens thus lost over $1.5. The consulate does not offer any sound reasons for refusing the applicants, Association of Russian Tour Operators reports. According to the tour operators’ estimates, the number of Russian college students’ rejected applications was also great last year: 35% to 40% of all the applications were actually turned down. However, this year

April 18, 2013. Ural Diesel Engine Plant (UDMZ, a member of Sinara Transport Machines Holding) and Austria-based engineering company AVL completed their project on the upgrades of 8DM-21L diesel engine for locomotives. Prior to signing the documents to close the contract, AVL experts did some final measurements of the diesel’s technical specifications, Sinara Group’s PR Center reports. The Austrian party’s project manager Gert Koren said the engine fully met the target indicators set out in the 8DM-21L diesel engine upgrade contract. What is more, the plant did not have to stretch the engine

April 17, 2013. Perm Territory Arbitration Court ruled that a claim by UBT-Uralvagonzavod regarding an extraordinary general meeting of shareholders at Motovilikhinskiye Zavody should be sustained. The plaintiff is now responsible for preparing and holding the EGM, UBT-Uralvagonzavod’s press officer reports. The court also ruled that Motovilikhinskiye Zavody’s bookrunner Registrator Intraco CJSC should act as the counting board. It is reported that on April 16, 2013, an appeal placed by Motovilikhinskiye Zavody was considered in court. As a result, the court did not change its prior ruling

April 17, 2013. Uralvagonzavod Scientific & Production Corporation is now the primary partner of ARMADA Paracycling Team Russia Project on setting up Russia’s first Paralympics cycling team, the corporation’s press service reports. The project is unique in that its raison d’être is making paracycling and Paralympics more popular and appealing in Russia as well as developing this sport, the corporation’s press release states. The project aims not so much to promote a healthier lifestyle to people with disabilities as to change the society’s stereotypes about people with disabilities.

April 17, 2013. A professional skills contest dubbed Turner of the Year 2013; the contest is aimed at enhancing the prestige of blue-collar jobs and was coordinated among the lathe operators of Chelyabinsk Tractor Plant (a member of Uralvagonzavod Corporation), the corporation’s press service reports. The contest was organized by the Personnel Training Center from Chelyabinsk Mechanics & Technology Vocational School. 12 people from the Engineer Vehicles Production Department, the Foundry & Castings Department, the Diesel Engine Department, the Engineer Equipment Department, and from