15 August 201909:13

EVRAZ NTMK Wins Environmental Contest

UrBC, Yekaterinburg, August 15, 2019. EVRAZ Nizhniy Tagil Integrated Metallurgical Plant (EVRAZ NTMK) won the 16th Highly Socially Efficient Ore Mining & Metallurgical Enterprise Contest in Environmental Projects & Energy-Saving, EVRAZ Holding Ural’s Corporate Communications Center reports. The contest gets coordinated by Russia’s Industry & Trade Ministry, Russia’s Ore Mining & Metallurgical Complex Association, and Russia’s Ore Mining & Metallurgical Trade Union. In 2018, the plant’s environmental programs resulted in a 10% decrease in the amount of air emissions, whilst
15 August 201909:12

MMK’s Vehicle Depot Turns 50

UrBC, Magnitogorsk, August 15, 2019. Magnitogorsk Iron & Steel Works (MMK) Vehicle Depot got founded fifty years ago this month, MMK’s Information, PR & Advertising Department reports. ‘The decision to set up the department (as it then was) was made by MMK Director Andrei Filatov on August 13, 1969. The primary function was to meet the metallurgical departments’ needs, that is, transfer rock mass, slag, refractory bricks, chemical components, machines, and equipment to their designated locations,’ the department says. MMK Group’s Vehicle Depot is now one of the Southern Urals’ largest
14 August 201909:22

4,500+ Liters of Counterfeit Alcohol Confiscated in Sverdlovsk Region

UrBC, Yekaterinburg, August 14, 2019. An illegal liquor-making factory got uncovered and liquidated in Malobrusyanskoye, Sverdlovsk Region, the Federal Service for Alcohol Market Regulation (Rosalkogolregulirovaniye) reports. ‘An inspection of the workshop in Lugovaya St made it clear that alcohol and alcohol-containing produce got manufactured there without a proper license or bottle-labelling,’ the agency says. Rosalkogolregulirovaniye officials and Federal Security Service and police officers found over 9,000 bottles of various kinds of alcohol, more than 2,000 liters of alcohol-containing
14 August 201909:21

EVRAZ Buys New Equipment for Raspadskaya, Uskovskaya Mines

UrBC, Yekaterinburg, August 14, 2019. Two new Joy shearer-loaders arrived at Raspadskaya Mine this month. Two more units will get launched at Uskovskaya Mine as well. The equipment cost RUB 714 to purchase; according to Raspadskaya Coal Company’s PR Department, the equipment got assembled and tested by the miners and the after-sale service agent’s representatives. One shearer-loader can process up to 3,000,000 kg of rock mass an hour (the actuating unit’s diameter: 2.5 meters; the worm conveyor’s operating width: 0.8 meters; motion speed at maximum workload: 18 meters per minute). The vehicle
14 August 201909:20

5m People Fly with Ural Airlines in January-July 2019

UrBC, Yekaterinburg, August 14, 2019. 5,311,162 passengers flew with Ural Airlines in the first seven months of 2019 (up 7% on one year earlier); 2,603,103 passengers went on the airline’s domestic flights and 2,708,059 people flew internationally, the air carrier’s press service reports. The airline operated 35,645 flights in January-July 2019 (+3% on a year earlier), including 17,945 domestic flights and 17,700 international ones. The company’s passenger turnover rose by 9% and reached 12,892,301,000 passenger-kilometers. 1,068,607 passengers flew with Ural Airlines in July 2019, which
14 August 201909:19

8th EVRAZ Cup Opens in Kachkanar

UrBC, Yekaterinburg, August 14, 2019. The 8th EVRAZ Cup Corporate Championship took off in Kachkanar today. The annual sports event takes place on August 11-18, EVRAZ Holding Ural’s Corporate Communications Center’s PR Department reports. Teams from EVRAZ Holding Ural and EVRAZ Holding Siberia (EVRAZ NTMK, EVRAZ KGOK, EVRAZ Siberia, and Raspadskaya Coal Company) and EVRAZ Mezhdurechensk Management Company’s Sibuglemet are competing in the championship this year. EVRAZ Vice President and head of EVRAZ Holding Ural Denis Novozhenov and Mayor of Kachkanar Andrei Yaroslavtsev welcomed the sports
14 August 201909:18

UBRD Improves Retail Lending Process

UrBC, Yekaterinburg, August 14, 2019. The Ural Bank for Reconstruction & Development (UBRD) introduced SAP Process Mining by Celonis into the system, the bank’s press service reports. ‘The new solution will improve the process of issuing loans to private applicants, reduce the retail segment employees’ workload, and enhance the quality of customer service. RAMAX Group acted as the launching partner for the project,’ the bank says. According to the UBRD, the tech model in question and the data marts available will make it possible for the retail segment employees to control the
13 August 201909:29

Ural Federal District: Average Basket Shrinks 3.1%

UrBC, Moscow, August 13, 2019. A Ural Federal District-based shopper spent RUB 559 per supermarket trip on average in July 2019, which was 3.1% less than in June 2019, Prime refers to Romir Holding’s research findings as indicating. In Russia on the whole, the average purchase amount came to RUB 546, down 1.8% on a month earlier. The only part of the country where the average amount went up in July was Far Eastern Federal District (+3.5%, up to RUB 600). In the country’s North-West (-3.2%), the Urals (-3.1%), Siberia (-3.1%), Volga District (-2.3%), Central Federal District (-1%), and
13 August 201909:28

Sverdlovsk Region Not Among Russia’s Top 30 Middle Class Constituencies

UrBC, Yekaterinburg, August 13, 2019. Sverdlovsk Region came 34th in the national rating of Russian constituencies in terms of the size of its middle class segment of the population: only 12.4% of Sverdlovsk Region’s residents are middle class, RIA Rating states. In Russia on the whole, 14.2% of people belong to the middle class segment. Yamalo-Nenetsky Autonomous Region came No.1 in the rating (45% of locals are middle class), Magadan Region (34.5%), Chukotsky Autonomous Region (33.8%), Khanty-Mansiysky Autonomous Region (32%), and Nenetsky Autonomous Region (29%). The Russian constituencies
13 August 201909:22

ChelPipe Group Hosts International Project School

UrBC, Chelyabinsk, August 13, 2019. Following ChelPipe Group’s shareholder Andrei Komarov’s initiative, Practices of The Future International Project School will be held at Yelanchik Children’s Camp on August 12-30. According to the Group’s press service, 150 talented school students from 27 different parts of Russia as well as Latvia, Moldova, and Kyrgyzstan are taking part in the event. The event gets coordinated by ChelPipe Group, Kruzhok Movement, and World ORT. For three weeks, the teen-aged school participants will be learning about the ways the urban environment and technological
13 August 201909:21

Metallurg Foundation Directs RUB 137.5m to Children’s Charities

UrBC, Magnitogorsk, August 13, 2019. Metallurg Foundation has been working on its multi-aspect children’s charity project for nearly two decades now, mostly thanks to support from Magnitogorsk Iron & Steel Works (MMK), the foundation’s primary donor. According to MMK’s Information, PR & Advertising Department, the project covers Together, Maternity & Child Welfare, Happy Family, Our Children, Kaleidoscope, and Magnitogorsk’s Gifted Children Programs. For one, there’s a focus on social and financial support of mothers and young children, natality programs, and upholding family
13 August 201909:20

DeloBank Launches Overdraft for Businesses

UrBC, Yekaterinburg, August 13, 2019. SKB-Bank’s business branch DeloBank now offers its business customers overdraft lending options. The service is available for small and medium enterprises online, the bank’s press service reports. ‘You can sign up for the option online, using the bank’s preliminary approval that doesn’t require a visit to the actual branch first. The form only takes a few minutes to fill in, and no extra contracts, papers, or certificates are necessary,’ the press service says. The offer is targeted specifically at SMEs that got set up less than six months ago and have
12 August 201909:28

Ural Federal District: USD, Euro Deposits Shrink 17%

UrBC, Yekaterinburg, August 12, 2019. RUB 34.5bn worth of USD/Euro deposits got set up by customers with Ural Federal District-based banks as of July 1, 2019; this was 17% less than six months previously, the Deposit Insurance Agency’s research findings indicate. The share of private customers’ foreign currency deposits dropped by 1.7% in January-June 2019 and thus amounted to 7% of all bank deposits. The share of ruble deposits, on the other hand, rose by 5% and amounted to RUB 464bn all in all.
12 August 201909:28

Magnitogorsk Iron & Steel Works Invests RUB 115m in Sports in 2018

UrBC, Magnitogorsk, August 12, 2019. Metallurg-Magnitogorsk Sports Club currently acts as the implementor of Magnitogorsk Iron & Steel Works (MMK) social welfare project on promoting physical culture, sports, and a healthy lifestyle among MMK’s employees and their families. The club operates an extensive sports facility infrastructure to achieve these goals. According to MMK’s Information, PR & Advertising Department, thirty Healthy Living sports events got coordinated on the club’s various sites in 2018. More than 3,300 people took part in ten winter sports contests and nine summer
12 August 201909:27

SverdNIIkhimmash to Supply Equipment to Kudankulam, India

UrBC, Yekaterinburg, August 12, 2019. Rosatom/Atomenergomash’s SverdNIIkhimmash and Atomstroyeksport signed an agreement to design, manufacture, and supply solid radioactive waste transportation equipment for Power Generating Units 3, 4, and 5 at Kudankulam Nuclear Power Plant in India, the company’s press service reports. The equipment for Power Generating Unit 3 is expected to get delivered in June 2021; the equipment for Power Generating Unit 5 is expected to get delivered in the summer of 2023. ‘The equipment will be used to transfer solid radioactive waste onto the storage/processing
12 August 201909:26

MegaFon’s My Account App Wins First Prize in Roskachestvo Contest

UrBC, Yekaterinburg, August 12, 2019. MegaFon’s My Account App won the first prize as the No.1 mobile app for telecom companies in Russian Quality System (Roskachestvo) contest; eighteen mobile apps run by nine telecom operators competed in the contest altogether. According to MegaFon Ural’s press service, the company’s My Account App proved the best option for both iOS and Android devices. The app scored very high in Security and Usability. MegaFon’s My Account App keeps all of the customer data confidential and allows the users to subscribe to and unsubscribe from options and services,
12 August 201909:25

Uralsky Zavod Kapitalnogo Remonta Comes to Advanced Development Zone in Novouralsk

UrBC, Yekaterinburg, August 12, 2019. First resident companies came to operate in Priority Social and Economic Development Areas in Novouralsk, Sverdlovsk Region, and Seversk, Tomsk Region, Rosatom TVEL’s press service reports. ‘Uralsky Zavod Kapitalnogo Remonta is the first resident business in Novouralsk. The plant deals in machine/equipment repairs and assembly. Under the terms of the business plan, the company will set up a modern enterprise to do capital and scheduled repairs of mills/equipment, to design spare parts for customers, and to develop new engineering solutions for the machine
09 August 201909:12

UBRD Completes Organizational Restructuring

UrBC, Yekaterinburg, August 9, 2019. The Ural Bank for Reconstruction & Development (UBRD) completed its organizational restructuring procedure in every part of Russia where the bank operates, the bank's press service reports. Every Russian constituency where the UBRD runs its branches is now part of one of the eight divisions. The bank also appointed a director for every division. 'The UBRD switched from a centralized management system, with all the branches reporting directly to the head office, to a localized management one. The new system relies on the bank's current
09 August 201909:10

UBRD: Ruble Only Weakens Temporarily

UrBC, Yekaterinburg, August 9, 2019. The Ural Bank for Reconstruction & Development's Treasury Director Vladimir Zotov says in relation to the weakening of the Russian ruble: 'The U.S. Federal Reserve System announced the dollar key rate would go down by 0.25% last week. Now the market players expected the key rate to keep going down and the FRS to tone things down a bit, yet, contrary to all expectations, the FRS said at a press conference that the U.S. economy was going strong and the key rate would not be going down in stages any further. The market response was a dramatic
09 August 201909:09

SKB-Bank: USD To Sell for RUB 67 Per Dollar

UrBC, Yekaterinburg, August 9, 2019. According to SKB-Bank's analysts, the national currency is expected to weaken up to RUB 67 per dollar and RUB 74.5 per euro, the bank's press service informed UrBC. 'What are the factors that are driving the ruble down this August? First of all, the trade war between the United States and China. Both parties launch their 'offensives' on a regular basis, sending ripples across all the global markets: oil and (both ferrous and non-ferrous) metal prices are going down. The price of everything that Russia sells on external market is