December 25, 2012. Uralvagonzavod management’s end-of-year meeting with the directors of daughter enterprises and affiliated companies took place in Moscow recently; the meeting was chaired by the corporation’s Director-General Oleg Sienko. The participants commented on the expected positive financial and economic performance indicators for the year 2012. For one, the projected revenues from the sales of goods and services are expected to come to 125.357bn RUR (according to the company’s consolidated financial report), and, given the performance results of affiliated companies, it will

December 25, 2012. Uralvagonzavod Corporation made a nice New Year present to the residents of Nizhniy Tagil: the company’s Clean Pool Resort was reopened for everyone after a major overhaul. The resort has not seen such large-scale remodeling since 1992, when it was first built. All the jobs were completed within a very short period of time, in only two months. Uralvagonzavod’s daughter enterprise UBT-Uralvagonzavod acted as the general contractor for the project, Uralvagonzavod Scientific & Production Corporation’s press service reports. The Clean Pool Resort, located on the shore of

December 25, 2012. The Industrial Urals-The Polar Urals Energy Company is now a member of the Market Council Non-Profit Partnership as well as a member of the Expert Board. This decision was confirmed by the partnership’s Supervisory Board (Protocol 35/2012), the company’s press service reports. The Market Council for the Organization of Efficient Wholesale and Retail Electric Power Trade Non-Profit Partnership deals in operating and controlling the wholesale and retail electric power markets. ‘Our membership in the Council is one step on the way to coordinating an energy company’s activity

December 25, 2012. Sverdlovsk Region Government Prime Minister Denis Pasler asked the officials in charge to speed up their decision-making on the infrastructure issues relating to the Titanium Valley, a special economic zone, Sverdlovsk Region Government’s Press Service & Information Administration reports. The Prime Minister said that MRSK Urala was not going to put up the primary source of electric power for the valley’s residents – the Titanium Valley 220-kilowatt substation – in 2013. Nevertheless, the energy enterprise is willing to put the construction project on its investment

December 25, 2012. Pipe Metallurgical Company (TMK), one of the world’s leading OCTG manufacturers, registered a joint venture with EMDAD in Abu Dhabu, the United Arab Emirates, TMK’s press service reports. EMDAD is one of the major oil companies in the Middle East and North Africa, and it has been TMK’s official dealer for several years now; the two companies have now also become partners in a joint project. The new service center, Threading and Mechanical Key Premium LLC, will be dealing in repairs of pipes and underground equipment as well as thread-cutting for the O&G companies