Magnitogorsk Iron & Steel Works (MMK) shipped more metal goods to carmakers in the first half of 2011 than in the entire year 2009. In order to meet the strategic goal of becoming the Russian automobile industry’s leading supplier, MMK keeps increasing the volume of shipments to the Russian carmakers. In 2009, the share of goods delivered to the Russian car manufacturers came to 209,000 tons (4.8% in the entire volume of metal goods shipped onto the Russian market). In 2010, the volume of shipments nearly doubled and amounted to 406,000 tons (6.4% of all the domestic market shipments). In

The Ural Federal District division of Rosprirodnadzor (the state environmental watchdog) is now inspecting Pripyshminskiye Bory national park, OOO Polyksen, Sverdlovskaya Poultry Factory, and OAO Uraltransmash. The authorities are checking whether these companies comply with the orders given, Rosprirodnadzor’s press service reports. The authorities are also checking whether OAO RTz OTzM, OOO Metall-Industriya, OOO Metal-Torg, OOO TzGS, and FAN Scientific & Production Enterprise can meet their licensing requirements and terms and doing inspection raids of water conservation zones in

The net loss of UralProyektAvtomatika Scientific & Production Organization rose by 20.59% in the second quarter of 2011, that is, from 772,000 RUR in the first quarter up to 931,000 RUR in the second quarter, the company’s official data state. The increase in loss is explained by the growing expenses and dropping revenues.

Deposit Insurance Agency State Corporation extended the deadline for TyumenEnergoBank to settle its debts with the top priority creditors till October 25, 2011, the corporation reports. At the same time, the bank now has to pay back 23.5% rather than just 13% of the total amount of sums claimed by its creditors.

An electric arc furnace that was stopped due to an accident at Nizhneserginsky Metal Goods Plant will only resume operating in December 2011 at the soonest, the spokesperson for Novolipetsk Iron & Steel Works (NLMK) reports. It was reported on July 10, 2011 that an electric transformer shut down at Nizhneserginsky Metal Goods Plant (part of NLMK Group), which caused one of the two electric arc furnaces to stop working. The shut-down occurred because of an electric circuit breakup in the transformer’s primary side, which means the coil will have to be replaced. The accident is expected to