Metallurgical Industrial Complex of Nizhniy Tagil JSC (part of Evraz Group) has recently launched the new power substation with the capacity of 13.5 megawatt. The substation will provide electricity for the company’s by-product-coking production, particularly No. 5 cokery–based unit currently under construction. The station is fitted with all the modern control and protection systems and is fully automated into the bargain, the company’s spokesperson reports to UrBC representative.

Regional transport dealer Chelyabspetstrans JSC held the annual general meeting on June 30, 2006. The meeting resulted in approving of the company’s annual report, the accounting report, including the profit and loss statement, and profit distribution. The shareholders also decided to pass a dividend for 2005 and elected five Members of the Board: Oleg Slinkov, Anatoliy Chevardin, Venera Titova, Igor Nesterov, and Sergey Skudnov. The Board of Directors remuneration fund was set at 100,000 RUR. The participants of the meeting agreed on the amendments to the company’s Charter, elected the

Tashragolskiy and Abakanskiy subsidiaries of Evrazruda JSC (Russian ore maker and part of Evraz Group) have been testing the new anchoring technologies consisting in replacing the old organic steel anchorage with the modern polymerous steel kind in the areas where mine working is most intense and there is greater risk of bolting going loose. The greatest advantage of this polymerous steel anchorage consists in being able to take a much greater load than the organic steel one, which allows for much improves safety of mine working in the areas where the rock is less stable than elsewhere.

Ural Airlines JSC outbid its rivals in the bidding coming from Personnel Training and Retraining Department of Government of Yakutia/Sakha; the preferred carrier will service the students studying in colleges and universities of Yekaterinburg. There were ten applicants altogether. ‘The criteria for the final decision included the pricing policy, high quality service, and safety,’ the leading executive of the Department Ivan Neustroev said to UrBC representative. ‘Ural Airlines have transferred students from Yakutia at the instance of our Department in the past, so ours is a long-term

Airbus 350 belonging to S7/Siberia Airlines JSC had to perform emergency landing in Irkutsk at 7 AM Moscow time today. The aircraft was on flight 778 from Moscow to Irkutsk. Suspected aircraft decompression is reported to have become the possible cause of the accident. There were 170 passengers aboard the plane. ‘There are no casualties, and the incident is not being investigated at the moment,’ PR Director of Russian Federation Department of Transportation Timur Hikmatov said to UrBC representative.

Within a period of two and half years, Russian Copper Company has already invested over $120m in multi-layered upgrading of Karabashmed of Chelyabinsk Region, where Russian Copper Company is the controlling shareholder. This resulted in Karabashmed becoming a modern, efficient, and environmentally safe enterprise. According to the spokesperson for Russian Copper Company, the first stage of modernization included restoration of metallurgical production at the half-ruined site. The second stage consisted in putting up some recycling facilities in order to deal with the disastrous environmental

The shareholders of UralAutoPritsep decided to use the company’s profit made in 2005 to make up for the previous losses. This decision was made in the course of the annual general meeting that took place in Moscow on June 23, 2006. The meeting was attended by the shareholders and their authorized representatives who possessed the total of 2,407,567 votes, or 65.8% of the company’s voting stock. The shareholders approved of the company’s annual report, the accounting report, including the P&L statement, and agreed to the recommendation made by the Board of Directors (the Board suggested

Due to lack of profit, the shareholders of Chelyabinsk Airport JSC decided to pass dividend for 2005 in the course of the annual general meeting on June 21, 2006. The meeting was attended by shareholders possessing 82.1113% of votes. The shareholders approved of the company’s annual report, the accounting report, including the P&L statement, and decided not to distribute the non-existent profit and to declare a zero dividend. The participants of the meeting elected the Members of the Board: Vera Evsyukova, Alexander Merten, Viktor Mironenko, Sergey Solntsev, Alexei Savchenkov, Alexander