‘We are going to introduce some new units that will allow us to produce 800 megawatt and, moreover, combine the production of thermal energy with electricity which will, in its turn, lead to a smaller prime cost,’ Leonid Chetverkin, Managing Director of the local subsidiary of TGK-9 JSC, generating company, announced at today’s press conference. According to Mr Chetverkin, TGK-9 is producing plenty of energy now. During the cold weather week, for example, the company had been producing 1,000 megawatt more than was actually needed for Sverdlovsk region, so 1,700 megawatt of extras was given to

Uralvagonzavod Federal State Unitary Enterprise hosted a meeting initiated by the Carriage Department of Russian Railways Public Company. Representatives of Russian Railway Transport Research Institute, of various Russian carriage makers and of carriage services operating on Siberian and Far Eastern railroads were among the participants. The meeting concerned the launch of the new 18-578 trolley that had been designed in Ural Carriage Engineering Design Office and produced by Uralvagonzavod. 14,000 12-132-03 gondolas with this trolley type had been produced throughout 2004 and 2005. According

The decision of Tartar Republic Court of court of Appellate Jurisdiction concerning the liability of Nefis Cosmetics JSC to publish the court order prohibiting the production and selling of its Milenkaya Feya (Pretty Fairy) shampoo is going to come into effect this week, reports the spokesperson for Kalina Concern JSC. This court order is due to Kalina Concern JSC (the producer of Malenkaya Feya (Little Fairy), their registered trademark) making use of its own rights. The trademark legislation provides for the right of the producer to demand that the producer of infringing goods publish the

‘Foreign banks are bound to increase their involvement in Russian banking business,’ Deputy Chairman of the Bank of Russia and Director of Crediting Organizations Inspectorate Gennadiy Melikyan announced at the press conference on Friday. ‘Yet their share is not too big at the moment, especially compared to Poland or Hungary with their 95% share of foreign banks. We’ve only got 11%. It has been on the increase lately, but I don’t think we can expect a dramatic upstart,’ Mr Melikyan said. ‘We can only create subsidiaries of foreign banks in Russia and not branches as such as it is not

While the weather remains cold, Chelyabinsk state district power plant works in a tensioned mode. The thermal load comes to 485 Gcal per hour whereas the installed thermal power amounts to 838 Gcal. 6 of 8 turbines and all the 4 water boilers are functioning at the moment. The heating medium temperature is kept at about 115 degrees centigrade. It could be increased to 150 degrees centigrade, if needed. The water boiler load comes to 60%. In view of the gas supply restrictions that touched Chelyabinskaya Generiruyushchaya Kompaniya energy supplier, Chelyabinsk state district power plant is

The Federal Space Agency has made the results of its selection process known. The position of General Director of Machine Building Works of Zlatoust Federal State Unitary Enterprise was given to Sergei Lemeshevskiy, the company’s acting GD since September 2005. The Federal Space Agency is going to sign an agreement with the new GD shortly.

Shareholders of Uralterminalmash CJSC, industrial company of Miass, Chelyabinsk Region, are to consider the company’s financial policy on February 28, 2006. The agenda of this extraordinary meeting includes the company’s economic policy. The shareholders are going to address the first board of creditors asking them to improve the company’s financial policy. The second item on the agenda concerns the early leave of the General Director Peter Pavlov and the new GD election process.

According to EESK JSC, electricity supplier of Yekaterinburg, the local electricity networks are no longer overloaded since the outside temperature has gone up. Today’s peak was only 850 megawatt (compared to last Friday’s alarming record of 916 megawatt), and the equipment is being gradually put to the normal winter operation routine.

Chelyabinskregiongas Ltd., natural gas supplier, cut back on supplies for the boiler houses located in CHMK JSC, metallurgical industrial complex of Chelyabinsk, Sverdlovsk Region, the spokesperson for the town council reports. The temperature of the heat carriers in the area now comes to 105 degrees centigrade as opposed to the norm of 120 degrees. The complex is trying to use other kinds of fuel but it is apparently not enough to keep the temperature of the heat supply system the same as the temperature of the air. This could lead to a 5- to 7-degree decrease of temperature in the flats of

Vladimir Bobrov, former R&D Director of Visokogorskiy Gornoobogatitelniy Komninat JSC, ore mining and processing enterprise of Nizhniy Tagil, was appointed the company’s Managing Director on January 25, 2006. Mr Bobrov was born on October 22, 1948 in Nizhniy Tagil. The former Managing Director Mikhail Krupin resigned on January 21, 2006.

Evraz Group management decided to cut back on natural gas consumption by Metallurgical Industrial Complex of Nizhniy Tagil JSC since the complex has significantly exceeded its consumption limit within the last ten days, which was caused by the cold weather. The complex has been providing heat for 100,000 residents of Nizhniy Tagil. According to their spokesperson, coking plants and blast furnaces are now operated differently in order to increase the assist gas outlet. This helps to save on the natural gas but increases the prime cost of the produce. The complex is now saving all the energy

Uralskaya Khimicheskaya Kompaniya (Ural Chemical Company) JSC is starting to distribute its first share issue. ЕThe Federal Financial Markets Service registered this issue to be distributed through public subscription on December 8, 2005. The emitting company is distributing 500,000 shares with face value of 1,000 RUR each. The serial number is 4-02-31401.

‘We are inclined to do business with Ashan trading company and will consider their cooperation proposal, which, hopefully, will lead to a mutually beneficial partnership. Should a customer check out their hypermarket and fail to find our produce, he or she isn’t going to look for it elsewhere. That is why we’d better place our stuff in Ashan stores,’ Managing Director of Meat Packing Plant of Yekaterinburg JSC Sergei Vorobyev.

The daily consumption limit of 56.5 million cubic meters of natural gas allotted to Chelyabinsk Region has been exceeded by 74 million cubic meters throughout January 17 to 26, 2006, reports the spokesperson for Chelyabinskregiongas Ltd., natural gas supplier. During these ten days, the regional enterprises were supposed to have given 130 million cubic meters of gas to dwellings, socially important buildings and communal services, according to the Plan # 1 scheme. Despite these schemes, the management of local businesses (Metallurgical Industrial Complex of Magnitogorsk, Metallurgical Works

‘Ural Airlines have recently signed a preliminary agreement on leasing tow Airbus – 320 aircrafts. Yet the delivery date is a trade secret not to be disclosed for now,’ the company’s spokesperson said to UrBC representative. It is reported that the aircrew hasn’t yet got down to operation training courses; the learning is scheduled for 2006 shortly before the aircrafts are put into use.

‘The new unified tax on imputed income of individual entrepreneurs coefficient has lead to a $50 increase in price of a 3 by 6 meters billboard side’, the spokesperson for Gallery Service Ltd. said to UrBC representative. ‘The amount of open-air advertising hasn’t changed dramatically in 2006, not even after the federal Regulation of State Standards made it obligatory to place the billboards at a certain distance from the roads and flanks. The billboards keep being placed everywhere in the city, so the Regulation was not trend-setting,’ the spokesperson said.

Uralskiy Zavod Khimicheskogo Mashinostroeniya (Ural Chemical Engineering Works) JSC Board of Directors appointed Sergei Baiburin, former Head Economist of Uralinvestenergo Group, General Director. The former GD Valeriy Antoniadi was dismissed early, reports the company’s spokesperson.

A share holding of Commercial Bank Gran is reported to have possibly been bought by a financial holding of Moscow. Converse Group Holding appears to be the likeliest buyer, says UrBC private source. According to the facts available so far, the transaction has already been made and the legal proceedings are to have been finalized by the end of February 2006. The arrival of the new owner may result in Gran entering the holding and the introduction of the new bank management. As the holding official website has it, Converse Group currently consists of thre Russian financial enterprises, namely,

According to the data presented by Sverdlovsk Region Ministry of Agriculture and Food Industry, Sredneuralskiy Vinzavod (Winery of Sredneuralsk) Ltd. produced 125,080 decalitres of grape wine in 2005, which makes up 51% of the output for 2004 (245,100 decalitres).The output of wine produced by the company in December comprised 9,320 decalitres, which makes up 26.7% of previous December’s output, of which 6,520 decalitres had not been sold by January 1, 2006.

The petrol prices appear not to have gone up during the last few days. According to the spokespersons of Ural District oil dealers, the prices have not changed in comparison with the beginning of the year. ‘Some private companies might have actually raised their prices, but the larger ones have been maintaining them and are planning to keep doing so,’ said the spokesperson for Yekaterinburg subsidiary of LUKOIL Permnefteproduct Ltd. Yet as Kortes information agency reports, the market prices have gone up by 6.45% throughout January 14 to January 20.