Magnitogorsk Iron & Steel Works (MMK) has gone through the second stage of getting its automobile body sheets accepted by the foreign car makers and car parts manufacturers. The second stage involved MMK producing a series of pilot batches of high-strength hot rolled metal DP600 (in accordance with ТС 14-101-683-2008 standards) and S355MC (in accordance with EN 10149-2:2007 standards) as well as cold-rolled metal products HX220YD, HX220PD (according to DIN EN 10292:2005) and zinc-coated ones HX260LAD, HX300LAD, and HX340LAD (according to DIN EN 10292:2007) and DX54D (according to DIN EN

The revenues of Novolipetsk Iron & Steel Works (NLMK) decreased by 6% in the first quarter of 2010 compared with the fourth quarter of 2009 and amounted to $1.697bn, the company’s consolidated financial report says. The enterprise’s representatives explain the drop in revenues had to do with the declining prices and having to sell less expensive products. NLMK’s net profit went down by 55% in the first quarter of 2010 against the last quarter of 2009 and came to $132m. At the same time, the company’s net debt rose by 20%, that is, up to $955m. The company’s assets were estimated at $13bn

‘ComsoMall shopping center will probably be opened in September 2010; on July 7, a presentation for the future tenants will be organized by the company. The exact opening date is currently being settled,’ DVI Holding’s press service reports. In fact, this is not the first time the developer has postponed the opening date. In March 2010, DVI Holding announced the shopping center would start operating in June 2010, whereas the original deadline was set for February 2009.

‘The administration of Ural State University of Economics (USUE) cannot possibly claim any advantage over the land allotment in Shartash area of Yekaterinburg because this territory has been reserved for Ural Federal University’s campus. Everything related to overall planning and design documentation is being handled by Ural University Complex run by Alexander Salamatin. This business has no connection with USUE whatsoever. The better part of the allotment in question belongs to the federal authorities, with smaller portions of municipal and regional land. In whichever case, this land belongs

The Ural division of Rostechnadzor (the state environmental, technological, and nuclear safety watchdog) is now looking into the causes of a fatal accident at United Company RUSAL’s Sevuralboksitruda (SUBR) Kalyinskaya mine. Some seismic event with the magnitude of 2.1x104 J occurred in the mine, 1,040 meters below the ground, at 4:00 AM (local time) on July 2, 2010. The event caused the collapse of a round tumbler meant for mine cars unloading within the vault; as a result, two of OOO SUBR-Stroy employees were injured, one of them lethally. The ad hoc committee is to announce the causes of

The Russian Motor Insurers Union took four companies that dealt in the obligatory third party car insurance policies off their list of motor transport insurers. These companies are: Ural AIL, Perm; Vest-Akras, Ryazan; Natsionalnoye Kachestvo, Moscow; Skif-Tver, Tver. The decision to this extent was made by the Union’s Board. Now the companies who no longer hold a membership in the Union have no right to issue any obligatory third party car insurance policies.