Ural Turbine Works (part of Renova Group) is going to make the first K-63-90 condensing turbine next year. The turbine is meant solely for electricity generating and will be installed at the power station of Sokolovskiy-Sarbaiskiy ore mining and processing enterprise in Rudnniy, Kazakhstan. The corresponding contract is to be signed at the end of September. Lonas Technology of Saint Petersburg and UralEnergoRemont became the developer and the general contractor of the project, respectively. ‘Ural experts used to deal in cogeneration turbines only, but now the market demands more flexibility,

According to the Minister for International and Foreign Economic Relations of Sverdlovsk Region Viktor Koksharov, the residents of Sverdlovsk Region will be able to obtain Schengen visas in the German consulate located in Yekaterinburg starting this December. Mr Koksharov said that the consulate was currently waiting for the visa-issuing equipment to arrive from Germany. Russian citizens from the other regions will only be able to get visas after the consulate, situated in Atrium Palace Hotel at the moment, moves to its new building.

Sverdlovsk Gubernskiy Bank keeps improving mortgage lending terms; one of the improvements has been signified by the introduction of a new mortgage program called My House 2. This program allows a client with 30% of the cost of their would-be dwelling and with the preliminary purchase and sale agreement to get a mortgage of up to 15m RUR for a term of up to 15 years that they can use to have a cottage of their choice constructed for them. Collaterals or sponsorships are not required. The bank has also introduced a differentiated interest rate for the program called My House, and it now

The NIS and Russia’s leading refractory goods manufacturer, Magnesite Group has recently started developing Goluboye field in Krasnoyarsk Region (the village of Razdolinsk). The mining operations began in late August, with industrial extraction and shipments scheduled for the end of 2006 or the beginning of 2007. The explored reserves of Goluboye deposit come to 15.5m tons, yet the amount may turn out to be larger after additional exploration work is done. The estimated throughput of the pit is 200,000 tons of raw magnesite a year. According to the Group experts, this output will have been

The retail electric power market, previously operating on the basis of general legislative acts (the Power Industry Act and some others), now has a special set of norms called Retail Market Regulations, the spokesperson for ChelyabEnergoSbyt, the regional supplier, said to UrBC representative. The main thing about these Regulations is setting up the institute of guaranteeing suppliers. The guaranteeing supplier status is obtained by the company that has no right to refuse any client wishing to use their electricity supplying services. Thus the state ensures reliable energy supply and gives

UralNefteProduct, the regional subsidiary of LUKOIL, has recently announced that it is going to raise the retail oil prices on September 12, 2006. As the company’s spokesperson said to UrBC representative, AI-76 petrol is now .5 RUR more expensive and costs 15.5 rather than 15 RUR per liter, AI-92 is sold at 18.8 instead of at 17.8 RUR, AI-95 and AI-98 are now both 1 RUR more expensive (20.3 and 20.5 RUR, respectively). Diesel fuel seems to have remained almost unaffected: the price per liter only went up by .1 RUR and reached the point of 17.6 RUR. The price of a ton of diesel fuel has been

UralSvyazInfrom, the local phone operator, is going to unsubscribe its landline users with debts on September 12, 2006, which covers the total of 35,020 subscribers as of September 1, 2006. The procedure is expected to be phased out and will last until September 21. Some 2,000 users will be unsubscribed daily. In order to avoid this, the clients of the company must pay the last bill before September 11. The Federal law on telecommunication and the terms of the company’s service agreements state that the subscribers shall pay their bills in due time, with the deadline indicated on the monthly