The Russian Government came up with the prospective federal property privatization plan for the years 2007-2009. This plan provides for privatization of 14 enterprises of Sverdlovsk Region, including UralAviaTechSnab JSC. 100% of this company’s authorized capital is owned by the government at the moment, and, according to the plan, 5,149 shares are to be sold to private holders. Given the medium-term forecasts for Russia’s socio-economic development and the estimates of the privatized companies’ cost in 2007, the federal budget is likely to receive 41bn RUR in the form of profits on sales.

Russian Copper Company CJSC has been putting up the third electrolysis shop at Kyshtym Copper Electrolysis Plant CJSC. Upon the completion of the project, the plant will produce 1.8 times more of cathode copper (up to 220,000 tons a year). The project requires $70m altogether, with the first section of the shop with the throughput of 50,000 tons a year will be launched in May 2007; the whole shop will be put into operation at the end of 2007. Thus the production capacity of Kyshtym Copper Electrolysis Plant will rise by 2.7 times (from 82,000 tons to 220,000 tons of cathode copper annually)

Following the decision of the company’s Board made on September 4, 2006, the extraordinary general meeting of VSMPO AVISMA Corporation has been scheduled for 2.15 PM on November 7, 2006. The meeting will take place in the town of Verkhnyaa Salda, Sverdlovsk Region (the assembly hall of the local Book Palace, 12 Parkovaya St.). Among the points on the agenda are: early termination of the Board Members’ powers and electing the new Board of Directors. The federal law on joint-stock companies, supported by the corporate Charter, states that shareholders possessing the total of no less than 2% of

The repair-and-renewal operations at the site of a fallen highway bridge were completed during the day yesterday. The railways at Sverdlovsk-Passazhirskiy-Shartash haul were cleared from the ferroconcrete blocs, and the first operational train used this section of TransSiberian main line at 2.50 PM Moscow time. According to the estimates of Sverdlovsk Region Railways, the damage done to Russian Railways amounted to approximately 40 to 50 million RUR. Since the highway bridge fell upon the railways, 111 freight trains and 104 passenger trains had to be delayed. While the teams of workers were

General Director of RosEnergoAtom Sergey Obozov visited Beloyarskaya power plant on September 5, 2006. This visit had been planned for and was not connected with any extraordinary issues. Mr Obozov was appointed acting General Director of RosEnergoAtom in March 2006 and has already visited all of Russia’s nuclear power plants since. Yet Beloyarskaya became the first plant to receive Mr Obozov in the capacity of GD proper after he won the application contest on Septermber 1, 2006. Mr Obozov visited BN-800, the power generating unit currently under construction, and the operating BN-600. He