Trubnaya Metallurgicheskaya Kompaniya JSC has completed acquisition of 100% share holding of Sinara Handel GmbH authorized capital. According to the company’s PR-department, the acquisition was a part of the corporate business development strategy. Sinara Handel GmbH owns controlling stocks of two Romanian companies, namely, SC ARTROM SA (a tube-maker of Slatina) and SC C.S.R. SA (a metallurgical works of Resita). ARTROM SA specializes in production of seamless pipes for machine-building productions. Its maximal productive capacity is 110,000 tons of tubes. At the moment, the ARTROM SA is

Managing Director of Nizhniy Tagil Metallurgical Industrial Complex (part of Evraz Group, Sverdlovsk Region) Alexei Kushnarev has negotiated with the representatives of Fraunhofer Society for the advancement of applied research, reports the spokesperson for Evraz Group. The Society deals in developing the non-destructive ways of production control and design and installment of control instrumentation. The Complex has been cooperating with the Fraunhofer Society for a few years; thus, the German executives delivered the ultrasound control line capable of testing a wheel according to 13

On March 3, 2006, Deputy Head of State Environmental Inspection (Rosprirodnadzor) Oleg Mitvol ordered to look into the circumstances of Sverdlovsk Regional Department of Rosprirodnadzor entering into a contract with the administration of Park-House Trade Center in Yekaterinburg. Acting under the contract, Sverdlovsk Regional Department of Rosprirodnadzor estimated the total ecological damage caused by the building of the trade center at 10 million RUR. During the estimation, Rosprirodnadzor had found that the building of the trade center entailed some violations of environmental regulations.

N.A. Semikhatov Scientific Production Association of Yekaterinburg and V.P. Makeev design office of Miass, Chelyabinsk Region, have been negotiating on the order to redesign some ballistic missiles into carrier rockets. The latter are being asked for by the countries that are planning to use them for launching their satellites from the submarines. Yekaterinburg Company has been developing the special programs that allow re-programming of the rocket flying path, which reduces the cost of near-earth orbit launching, It appears to be more profitable than using the new format carriers and.

As the spokesperson for Magnesite Group said to UrBC representative, the Complex has been dealing in ferrous magnesia flux production, and the output has been increasing regularly (112,4 tons in 2002 turning to 6,000 tons in 2006). Since the grainy caustic magnesite and the magnesia flux are in greatest demand at the moment, the Complex is going to heavily invest in the reconstruction of the roller furnace that has been idle for eight years. The company’s grinding factory is its largest department with 600 employees that fully provides the technological shops with ground and fortified

S.M. Kirov Carriage Maker of Ust-Katav will deliver 5 71-619КТ trams to Irkutsk Region, Siberia. 2 trams are to go to Angarsk and 3 to Irkutsk. Besides, one tram was launched in Naberezhnyie Chelny in February, reports the company’s spokesperson.

Deputy GD and Chief Engineer Alexander Suslov will become the company’s provisional GD, reports Mayak Production Association. The decree to this effect was signed by General Director Vitaliy Sadovnikov and agreed on with the Head of Federal Atomic Energy Agency S. V. Kirienko today, reports the company’s spokesperson. On March 2, 2006, Leninskiy Court of Yekaterinburg approved of the Russian Federation Public Prosecutor’s Ural Division decree concerning the temporary removal of Mr Sadovnikov due to the legal action taken against him. The Court’s order was then sent to the Federal Atomic

On February 17, 2006, The Board of Russian Central Bank decided to start payments to the depositors of the bankrupt Granite Bank. The Bank of Russia will pay 2405 depositors within the period of March 6 to July 6, 2006. The total amount of payments is to come to 122.4 million RUR. ImpexBank won the competition to become the intermediary bank as it asked for the smallest commission payments and possesses the greatest number of subsidiaries and offices. The amount of money allotted to each depositor is determined by the whole sum the bank owns to them but the payment will not exceed 100,000 RUR

Metallurgical plant of Zlatoust will receive 184 million RUR worth of investments from ESTAR Ltd. in 2006, the plant’s GD Alexander Rybkin announced at the meeting with Chelyabinsk Region Minister of Industry Evgeniy Teftelev. The reconstruction project includes installation of new equipment, replacement and innovation of hoisting gears, environmental protection schemes. The acquisition of a bar wire mill is currently under consideration, and so is the offer made by Tanaka of Japan to deliver the mill with the capacity of 250 tons a year; it costs $ 28 million. The next stage is to improve