Integrated Metallurgical Complex of Nizhny Tagil (NTMK JSC), member of Evraz Group, has completed another stage of construction of coke-oven battery No. 5, PR-department of Evraz Group reports. Construction works at the heat-engineering unit are fully completed now: both the gas mains and all the equipment are installed, as well as all the lines. The battery is being run up now – the temperature within the unit will be gradually rising up to 800 degrees centigrade during the next 70 days. At the present stage of the battery construction, it is necessary to dry out and warm up refractory

On May 26, 2006, Ural Treasures Bank CJSC held the annual shareholder meeting. The shareholders approved of the bank’s annual report, agreed on the profit distribution and decided to pass a dividend for 2005, reports the PR Department of the bank.

According to the data provided by Entente Capital Investment Company, the proceeds of UralPotassium JSC have gone down by 1% in the first three months of 2006, their EBIT by 12%, the pre-tax profit by 16%, the net profit by 11%. The prime cost of the company’s sales increased by 4%; all of these figures appear to be predictable as UralPotassium faced a number of problems selling its produce at the beginning of the year. Their important and large clients had a lot of potassium in stock, which let them stop buying potassium and strive for a good bargain on the future supply prices. Yet

The Board of Directors of Elizavetinskiy Pilot Plant JSC decided to hold the general shareholder meeting on June 23, 2006. The points on the agenda include electing the company’s Board, approving of the annual report, the accounting report, and of the report of the inspection committee for 2005. The Board also suggested that the shareholders consider ceasing the production of girt and the accelerant due to economic reasons. According to the company’s report, this is caused by the lack of financial investments, great budget debts, low profitability of production, and, lately, no orders from