Metallurgical Industrial Complex of Nizhniy Tagil JSC (part of Evraz Group) spent approximately two million RUR on supporting the local educational establishments they patronize. Thanks to the Complex, sixteen schools have been able to have some repairs done; they also bought new equipment, furniture, sporting goods and office supplies. Some of them had kitchen and medical facilities replaced and new electric wiring introduced as well. The Complex has been cooperating with the schools of Tagilstroyevskiy district of Nizhniy Tagil for a few scores of years. The company executives traditionally

Karpinsk Electric Machine Industry Works of Karpinsk, Sverdlovsk Region, left FinPromCo United Works on August 10, 2006, when the corresponding share-selling agreement was signed with the investor. ‘The plant now belongs to the investor interested in high-voltage produce that we have always specialized in. We sold the shares of Uralburmash JSC at the end of 2005, and in July, the new proprietors of the company presented Governor Eduard Rossel with the technical upgrading plan with over 1 billion RUR worth of investments. We agreed to sell the shares of the plant when we realized that these

Yekaterinburg Electrical Network Company JSChas been preparing all the equipment for the maximum workload in the upcoming heating season, reports the company’s spokesperson. According to the data concerning Yekaterinburg Electrical Network Company JSC presented by UralEnergosetProject Institute, the maximum figure for the winter of 20052006 came to 916 megawatt (809 megawatt in December 2005). The approximate heating load is estimated at 100 megawatt, with the load increase coming to 10.5% in 2005/2006.

Standard & Poor’s, an international rating agency, has recently annulled the corporate management rating of UralSvyazInform, the regional mobile operator, reports the agency’s spokesperson. ‘We saw some corporate management mechanism improvements last year, for example, the company’s publishing its report on IAS prior to the annual general meeting and doing a tender on auditing services. Besides, the company managed to deal with the controversial influence of SvyazInvest, the state-controlled majority shareholder. Yet all of these improvements are outweighed by the decrease in the number

Former Director of Municipal Environmental Center Viktor Kulakov was appointed Director of Chelyabinsk Region Lead after this nominee was approved by Chelyabinsk Region Government today. The Government also agreed on the voluntary resignation of former Director of Chelyabinsk Region Lead Alexander Semerkin.

Metallurgical Works of Zlatoust assessed the results of its industrial activity in July 2006. Within the last month, the enterprise produced 54,212 tons of steel and 34,854 tons of rolled metal. 34,305 tons of the company’s production output were shipped to consumers.

Uglemetbank JSC has recorded a change in the authorized capital share (in the common stock of the association) of one of the bank shareholders. The change was effected by BASK Insurance Company JSC that has recently made two bargains changing its shareholding in equity stock of Uglemetbank JSC. Thus, on August 8, 2006, the company’s share in the authorized capital of Uglemetbank went down from 19.99% to 16.24%, and a week later, on August 15, 2006, the share went up to 17.56%. These changes are recorded in the releases of the bank. This has been the third change in the allocation of

Zinc Plant of Chelyabinsk JSC, member of Chelyabinsk Tube Rolling Group, was granted quality management certificate of adequacy to ISO 9001-2000 requirements and environmental management certificate of adequacy to ISO 14001-2004 requirements. The certificates are issued by the competent international BVQI certification body on the basis of auditing of the company’s integrated management system. The certification was preceded by a number of time- and labor-consuming efforts by the company specialists introducing the integrated management system complying with the international standards. BVQI