SUAL Group, one of the world’s top ten aluminum producers, is to be given a syndicated loan of $600m by BNP Paribas and Citigroup, reports the company’s spokesperson. The money will be used for refunding the credit payment debts (SUAL got a $425-million syndicated loan in June 2005) as well as for financing the company’s trading capital and other corporate needs. The credit conditions are in cull compliance with the flexible borrowing system adopted by SUAL Group, which means that the loan is given for a term of five years, with amortization after a two-year grace period and the annual

According to the Central Bank of Russia, the amount of investments drawn to non-resident natural person accounts in Uraltransbank for a term of 1 to 3 years has gone down by 44% (from 5.158 million RUR to 2.911 million) throughout May to June 2006.

The indebtedness of companies dealing in housing services to SverdlovskEnergoSbyt JSC, the regional energy supplier, has doubled throughout January to June 2006 and reached the point of some 270m RUR. Companies are increasingly trying to become dissolved and then set up some new legal entities and ignore the enormously huge debts rather than pay them. Thus, the municipal unitary enterprise of Tavdinskiy district has recently announced its demise, notwithstanding the seven-million-ruble debt to SverdlovskEnergoSbyt. The question of who is going to pay the supplier is still pending, reports the

Ural Airlines JSC introduced the new service of online booking and home delivery on July 6, 2006. The service is rendered to customers who used the company’s website to book and pay for the plane tickets – this is something new is addition to the already available booking and office delivery. If the company’s clients find it convenient to book online and pay right away, they will be offered a 25% discount from the fare construction unit. One can pay for the tickets using Visa Int., MasterCard Int., and other cards, or using an e-purse, for example, WebMoney, E-port, and Credit Pilot. This new

First Deputy Head of Sverdlovsk Region Government and Minister for Industry, Power Engineering and Science Vladimir Molchanov met Vice President of DUFERCO S.A. Antonio Gozzi to discuss the possible projects the Italian holding could work on in Sverdlovsk region. The meeting was also attended by Pierre Paolo Greco (representative of Governor of Liguria), Minister for International and Foreign Economic Relations of Sverdlovsk Region Viktor Koksharov, and Director of Governor of Sverdlovsk Region Investment Support Fund Vladislav Klabukov. Mr Molchanov suggested investing into the power

Yestyuninskaya mine of Vysokogorskiy ore mining and processing enterprise (part of Evraz Group) has recently assessed the productivity of the additional oil containment device installed at the water outfall: the device has already managed to reduce the oil content in the wastewater by 23%. The system was installed in the fall of 2005 and is made up of a coke-filled iron box; due to its sponginess, the coke can absorb the oil. Using this device provides for higher quality decontamination of mine water; its effectiveness is normally assessed by means of taking and comparing two samples of

Last Monday, the Board of Directors of Zinc Plant of Chelyabinsk JSC decided to hold an extraordinary shareholder meeting on August 18, 2006. The attendees will have to approve of a number of newly edited papers (the company’s Charter and Provisions on the general meeting, the Board of Directors, the management, the General Director, and the Corporate Culture Code. The shareholders will also have to determine the amount, the face value, and the type of shares and the rights they entitle the holders to. The list of attendees is complied according to the shareholder status as of July 3, 2007.

Asha Metallurgical Works held the annual general meeting that was attended by 28 shareholders and their authorized representatives holding the total of 195, 906, 304 votes (78.61% of the total number of votes). The participants of the meeting approved of the annual report and the annual accounting report, including the P&L statement, and agreed on profit distribution, including the dividend payments for 2005. They also elected eight Board Members: GD Vladimir Evstratov, Commercial Issues Director Vladimir Kozhevnikov, Head of Transport Shop Alexander Bolschikov, Head of Plate Rolling Shop