HomeMaterials for 28.10.2008
28 October 200812:19

UC RUSAL invested USD 25 million in expansion of anode production at Sayanogorsk Aluminium Smelter

Moscow, 28 October 2008 – UC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce the launch of the anode-baking furnace at the Sayanogorsk aluminium smelter following its modernisation.љ The goal of the USD 25 million project was to provide the Sayanogorsk and Khakas aluminium smelters with the necessary volume of high quality anodes, which are required for aluminium production. The oldest of the three furnaces in operation at the plant was stopped in March this year for major repairs and modernisation. These were done in the shortest possible time. The
28 October 200807:56

Chelyabinsk Region comes up with anti-crisis action plan

Governor of Chelyabinsk Region Petr Sumin signed a provision on the region’s anti-crisis action plan. The spokesperson for the Governor reports the first part of the plan deals with measures targeted at supporting the economy’s real sector with nearly 2 billion RUR. This will include help to large, small, and medium enterprises as well as agriculture and light industry. To make sure they can keep a close eye on the situation and react promptly, the government created four working teams responsible for agriculture, construction and mortgages, large and medium enterprises and light industry,
28 October 200807:54

MMK Chairman joins Russian Olympics Support Fund

Chairman of Magnitogorsk Iron & Steel Works (MMK) and President of Metallurg hockey club Viktor Rashnikov is now one of the founder members of Russian Olympics Support Fund. The Fund was set up in 2005 and has been offering grants to sports players, coaches and national team experts ever since. The Fund was initially founded by ten well-known Russian businesspeople: Alexander Abramov, Roman Abramovitch, Vagit Alekperov, Petr Aven, Vladimir Bogdanov, Oleg Deripaska, Vladimir Evtushenkov, Vladimir Lisin, Vladimir Potanin, and Viktor Vekselberg. The Fund’s Board of Trustees is chaired by
28 October 200807:52

Bank support march attempt in Yekaterinburg

A group of people were supposed to take part in a march meant to show the depositors’ support of the local banks on October 26, 2008. The march coordinators were planning to have a group of people marching with handmade posters bearing slogans supportive of the regional banks, primarily Bnk24.ru. The slogans were expected to read, ‘I trust Ural banks’, ’24 is our bank’, and ‘Our favorite bank is Bank24.ru. According to preliminary reports, there were supposed to have been ten to fifteen demonstrators with seven or eight posters altogether. The plan was masterminded by one of Yekaterinburg’s