Kyshtym Copper Electrolysis Plant CJSC (part of Russian Copper Company CJSC) is putting up a shop meant for production of rolled wire with the estimated capacity of 90,000 tons of copper wire rods a year. The shop should be launched in the middle of 2007. According to the spokesperson for Russian Copper Company, its total throughput in terms of rolled wire production is expected to rise to 200,000 tons annually, which means that the company will increase its throughput by twenty times (from 10,000 tons to 200,000 tons a year) within four years (2003-2007).

Given the global leadership of Japanese producers of powerful gas turbines and the design projects of Ural turbine makers (some projects provide for an over 57% coefficient of efficiency of a steam-gas turbine), these two parties, represented by Mitsubishi Heavy Industries and Ural Turbine Works (part of Renova Group), respectively, have impressively good grounds for close cooperation. This was the conclusion made by the executives of Russian and Japanese enterprises in the course of negotiations held in Yekaterinburg. MHI isn’t the first the first foreign company to take interest in our

The meeting of the Board of Directors of First Generating Company of the Wholesale Electric Power Market OGK-1 will be held on September 12, 2006. The points on the agenda cover the discussion of the company’s crediting policy report and the procurement activity report. The other points have to do with the preliminary approval of a transaction that could lead to liability whose scale depends on foreign currency. The voting will be performed in absentia until 6 PM on September 12, 2006. OGK-1 was registered on March 23, 2005 and, according to the decree of the Russian Government, it includes

As the Corporation’s acting PR Director Roman Fedulin said to UrBC representative, the decision of the Board to hold an extraordinary general meeting was made after the application of a shareholder who possesses around 10% of the company’s shares. The extraordinary general meeting of VSMPO AVISMA Corporation has been scheduled for November 7, 2006. 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

World Association of Nuclear Operators will be examining Beloyarskaya nuclear power plant from September 3 to September 15, 2006; the expert team consists of 18 people, including the citizens of the U.S., France, India, the Czech Republic, Hungary, Slovakia, Bulgaria, and the Ukraine. The team has to assess the state of events at the plant in terms of quality and reliability of the plant operation and of the equipment maintenance, the condition of the engineering support and radiation protection, the extent to which the plant staff use the experience of their colleagues, the chemical

The shareholders of Bread-Making Plant of Zlatoust decided to float ordinary registered noncertificated shares in the course of the extraordinary general meeting. The shares are floated via convertion in case of a stock split, with 17,304 ordinary registered noncertificated shares with face value of 1 RUR each converted into 34,608 ordinary registered noncertificated shares with face value of .5 RUR each through splitting one ordinary registered noncertificated share with face value of 1 RUR in two ordinary registered noncertificated shares with face value of .5 RUR each; the old shares must