A new working cabin has recently been furbished for hoistwomen at Main Groove of Abakanskiy subsidiary of Evrazruda (ore maker and part of Evraz Group). It is completely soundproof and is equipped with the control board and overview windows; the cabin also keeps the workers warm and makes sure nothing and no one distracts the hoist person from performing their duties. The hoisting unit transfers the miners, equipment, and tuffs into and out of the mine. The control board was previously installed in a large, noisy, and crowded engine room with a lot of bulky electric appliances and draughts.

Olips CJSC has been trying to attract more investments from the open capital markets. It is currently dealing with the bills of credit and has already proceeded with two tranches, one of which has been retired, the Director of BrokerCreditService Management Company Viktor Nemikhin announced at the conference called Commercial Real Estate and Construction Project Financing; this conference was conducted by Expert magazine. According to Mr Nemikhin, the bills are valid for three months, which is next door to nothing, from the developer’s point of view, but Olips is trying hard to pursue its

BN-600 power unit was put into operation at Beloyarsky nuclear power plant. (BN-600 was shut down for refueling and scheduled equipment inspection on September 19.) The first out of three turbo generators was launched on October 5, 2006. At 8 PM on October 7, it was brought to function in the rated power mode of 600 megawatt, reports the spokesperson for the plant.

The first court sitting concerning Mayak Corporation Real Estate Management Ltd. took place on October 5, 2006. The members of Yekaterinburg Municipal Council Consumers’ Rights Committee attended the sitting as well as the parties. According to their report, the Court of Ordzhonikidzevskiy District of Yekaterinburg considered the case of the plaintiff, who had signed an apartment construction agreement with the company, on September 12. Mayak Corporation Real Estate Management Ltd. had promised to build, to have and to hold the plaintiff a two-room apartment on the 16th floor of a block

On October 9, 2006, an underground pit was set into operation at Malyshevskoye emerald-beryllium depository. The depository had been under development until March 1994 but then the work was only resumed in 1997, when Zelen Kamen CJSC was set up to develop the field further. The company got a license allowing it to use these subsoil resources in February 1999. In 2004, a new investor, Tsar Emerald Corporation of Canada, joined the project. It invested 17m RUR into the field in 2004 and 77.9m in 2005. During the nine months of 2006, the investments came to 105.2m RUR including 53.7m RUR spent

In September 2006, BN-600 power-generating unit of Beloyarsky nuclear power plant functioned in the rated power mode. Starting September 19, BN-600 was shut down for refueling and scheduled equipment inspection. It is expected to remain non-operating until October 9, 2006. No violations of safety operation conditions or margins occurred. The rare gas activity breakthrough comprised .01% of the upper limit. The radiation level in the town of Zarechniy and the power plant site was adequate to the normal operation mode of the nuclear plant and remained at the level of natural background activity

ChelyabinskGorGas is going to hold an extraordinary general meeting on October 26, 2006. The points on the agenda include approval of a number of interconnected transactions beneficial for the company and the enterprise providing some guarantee of meeting the liabilities of GAZEX Finance Ltd. The liabilities amount to the total face value of 1m GAZEX inconvertible certificated interest-bearing bonds to bearer (series 01), with face value of 1,000 RUR each, to be paid off on the 1456th day within the bond issue. Thus, the total amount comes to 1bn RUR.