General Director of Nizhneserginskiy Hardware Plant resigns

A criminal suit was filed against some employees of Nizhneserginskiy Hardware Plant who were charged with safety violations on May 11, 2007; the case is going to be heard in court soon, Public Prosecutor of Revda Alexei Titov said to UrBC. These safety violations resulted in a major blow-out of steam that was emitted by the steel-smelting furnace. Eight people were wounded, with one of them passing away later on and two victims getting very badly hurt. It has already been proved that the furnace started malfunctioning as early as May 7, 2007; even though the management knew about the problem,

Revda’s public prosecution authorities completed the investigation of a criminal suit related to the accident at Nizhneserginskiy Hardware Plant on May 11, 2007. Some safety violations like noncompliance with labor safety requirements and maltreatment of explosives resulted in a major blow-out of steam that was emitted by the steel-smelting furnace. Eight people were wounded, with one of them passing away later on and two victims getting very badly hurt. The shopfloor manager and the steel maker have already been accused of safety violations when operating highly explosive machinery that led

The annual general meeting of shareholders of Nizhneserginskiy metal and metallurgical goods plant was adjourned with the decision to pass the dividends for 2005 proffered by the Board of Directors. They also agreed on the annual report and the accounting documents, including the P& L report and profit distribution. Elections of Members of the Board (Pavel Kurdupov, Alexander Loginivskikh, Vladimir Butenko, Sergey Zakharov, and Sergey Mironov were elected) and of the inspection committee as well as the auditor (Standard Audit Ltd.) also took place. Besides, the stockholders approved of

‘Nizhneserginskiy Hardware Plant (part of Maxi Group) might actually have to close down due to lack of working assets,’ Maxi Group’s PR Director Alexander Popov said to UrBC. Maxi Group CEO Nikolai Maximov has already applied to Russian President Vladimir Putin for state support, since the company owes some 38 billion RUR to about fifty banks, whereas the banks themselves refuse to go for refinancing because of a recent financial crisis in the U.S. Mr. Maximov says Maxi Group has to spend all of its working assets on debt payments, which has been affecting their production quite badly (that

The regional division of Rostechnadzor (the state environmental, technological, and nuclear safety watchdog) inspected a number of hydraulic facilities at Malyshevskoye Rudoupravleniye, Nizhneserginskiy Hardware Plant, and VSMPO AVISMA Corporation on August 6-17, 2007. These inspections revealed 25 safety violations, Rostechnadzor’s local press officer reports. One problem is the absence of systematic control over the way the companies put away their effluents for safekeeping. The inspectors drew up two administrative offense reports, accusing certain authorities of failing to act