Sverdlovsk Region Minister of Foreign and External Economic Relations Viktor Koksharov met Russia and NIS Development Director of Veolia of France. The meeting concerned environmental cooperation opportunities in terms of municipal water supply, collecting and recycling of waste, power engineering, and transportation, reports the spokesperson for the Ministry.

Klyuchevsk Ferroalloys Works JSC released its financial and production reports for 2005. According to their data, the company produced 26,332 tons of goods, which is 3.1% less than a year earlier. This decrease was caused by the works receiving no public contracts on supplying chrome to the Russian fund RosReserve. In 2005, the company produced 5,861 tons of metal aluminothermal chrome, 3,270 tons of ferrochrome, 3,172 tons of ferrotitanium. The company produced 944.117m RUR worth of goods altogether, and its sales profits came to 912.124m RUR; the gross profit reached the point of over 180m

Ambassador Extraordinary and Plenipotentiary of the French Republic to Russia Jean Cadet arrived in Yekaterinburg today. M. Cadet’s stay, scheduled for 2 days, is connected with the Days of France in Yekaterinburg project According to Sverdlovsk Ministry of Foreign Affairs, the Ambassador is going to visit the local Opera House tonight, and will meet Mayor Arkadiy Chernetskiy tomorrow morning; the afternoon is reserved for Governor of Sverdlovsk Region Eduard Rossel. The journalists will be able to attend a briefing at 5 pm tomorrow. M. Cadet is also going to take part in a colloquium devoted

Kamensk-Uralskiy Metallurgical Plant JSC (part of SUAL Group) held the annual shareholder meeting that resulted in electing the Board of Directors (including the three vice-presidents of SUAL Holding Anatoliy Zharov, Dmitriy Ustinov, and Vladimir Chertovikov, the plant’s Financial Director Elena Golovanaya, Deputy CEO and Development and Investments Director Sergey Mozharovskiy, GD of Ural Foil JSC Sergey Borovik, and former GD of Kamensk-Uralskiy Metallurgical Plant JSC Alexei Shkolnikov who resigned on May 6, 2006) and Chairman Vladimir Chertovikov. The shareholders also decided to pass a

Proxyship of Ship-Building Bank Ltd. has recently been set up in Yekaterinburg and can now be visited at 3 Chernyshevskiy St. The office caters for the first-time clients and is aimed at attracting both legal entities and natural persons, offering its services, keeping the clients informed about the bank’s policy, provisos and costs of these services, and giving advice on transferring payments using the Sbank.ru money order system. The Bank currently has subsidiaries in Saint Petersburg, Moscow Region (Barvikha), and a crediting agency in Nizhniy Novgorod.

Board of Directors of Metallurgical Industrial Complex of Nizhny Tagil (NTMK JSC) came up with the decision to hold a special stockholders meeting via absentee voting. Board of Directors set June 29, 2006 as the deadline for submitting the absentee ballots for the extraordinary meeting. The agenda of the meeting contains discussion of the declaration of dividends for the first quarter of 2006.

Yekaterinburg fat-and-oil industrial complex held a stockholders meeting on May 24, 2006. The stockholders approved of the company’s annual report and of accounting statements for 2005, including P & L account. AKG RBS CJSC of Moscow was appointed the company’s auditor. The stockholders also decided to declare the dividend of 169.83 RUR per share. They elected the company’s Board of Directors consisting of seven people and the inspection commission consisting of three people.

The stockholders meeting of Klyuchevsk Ferroalloy Works JSC of Dvurechensk, Sverdlovsk Region, was held on May 24, 2006. The stockholders approved of the company’s annual report for 2005 and elected a new Board of Directors. The rearrangement of the company’s governing body is due to the appointment of Mr S. Gilvarg President of Russian Special-Property Alloys Management Company JSC. On May 24, 2006, the stockholders of Klyuchevsk Ferroalloy Works decided to delegate the authority of the sole executive body of their company to Russian Special-Property Alloys. The proprietors of Klyuchevskaya