Board of Directors of Uralmetallurgmontazh-2 JSC came up with the decision to hold the annual stockholders meeting on April 25, 2006. The list of stockholders eligible for the meeting is composed according to the situation as of March 25, 2006. The meeting agenda contains confirmation of annual report and accounting statements including P&L account for 2005. The meeting will also consider the question of distribution of profits and losses according to the results of the fiscal year and the announcement of dividend rates. The shareholders will also elect members of Returning and

To increase the protection efficiency of the company’s working area, Chelyabinskgorgaz installs video surveillance system, primarily intended for the territories that contain gas dangerous objects including boilers and LPG-containers. Today 16 video cameras assist the company’s security office personnel in their visual observation of the central company’s storehouse that occupies more than 2.8 hectares. The cameras are highly sensitive and yield clear-cut images in the dark. On the entrance checkpoint, an electronic access control system is installed. Video surveillance is also implemented at

EuroCement Group is through with its investments project worth 16.7m RUR carried out at Katav Cement JSC. The balancing and commissioning of 3 cement-loading units have already been completed, and the new packing department producing cement packs of 50 kilograms has started to operate. According to the spokesperson for EuroCement Group, the new equipment is going to enable the company to ship three different kinds of torque cement onto the railroad cars and automobiles simultaneously, excluding any product loss, and provide for the maximum automation of the process due to special Parus system

Machine-Building Works of Zlatoust Production Association is going to launch their first go-anywhere SHUTTLE today, PROMASS spokesperson said to UrBC representative. This new type of product is produced with the support of Ural Automobile Company Ltd. and Chelyabinsk Region Association PROMASS (including President, State Duma member Valeriy Panov). The car is based on TOYOTA Land Cruiser Prado. The Ural version has Mitsubishi engine, Toyota 4 Runner transmission, and Bosch fuel system. All cars will be produced as 4x4 all-wheel drive. The first models should cost approximately $22,000. The

The Board of Directors of Mechel JSC decided to float the third and the second issues of documentary interest bearing unconvertible bonds with a par value 1,000 RUR, each issue worth 5bn RUR via Moscow Interbank Currency Exchange (MMVB Stock Exchange). The money thus obtained would be used to cover the debts of the previous bond issue and for the long-term investments. The price of the second bond issue is set at 100% of the face value; they are valid for 7 years and provide for the retirement of bonds at face value. Coupons are given out every six months, with the first coupon rate of

Ferroalloy Works of Klyuchevsk JSC and Russian Chrome 1915 CJSC met to discuss April agenda on March 27, 2006. The issued discussed included settling the finance and production plan for April and the prime cost analysis carried out by Chairman of Ferroalloy Works of Klyuchevsk Sergey Gilvarg. According to the spokespersons, the meeting also resulted in settling the issue of the necessary technical re-equipment of Russian Chrome; the correspondent sums should be included in the annual budget. This issue was earlier discussed at a meeting held on March 14, 2006, where the executives of Italian

Kommersant-Dengi magazine has recently published the Russian top 100 (in terms of job prospects) colleges. The rating is lead by Moscow colleges, namely, Moscow State Technical University named after N.E. Bauman, Moscow State University, Russian Federation Government Finance Academy. Four Chelyabinsk Region colleges were on this list, with Magnitogorsk State Technical University getting the 39th place, Chelyabinsk State University of Agricultural Engineering getting the 82nd place, South Ural State University and Chelyabinsk State University somewhere between the 90th and 100th positions. The

TGK-10 prepared an investments program for Chelyabinsk heat supply system, the company’s GD Andrey Shishkin announced at the press conference. According to Mr Shishkin, the heat demand growth variation for the last few years (50 to 60 gigacalories a year) and the development indicators of the local housing program have allowed to identify the heat capacity growth for 2006-2010 as 655 gigacalories. At the moment, the heat is distributed unevenly throughout the city. The company’s employees, having done the hydraulic calculations on the redistribution scheme that would ensure reliable heating

AgroPromProekt JSC is to conduct the annual shareholder meeting on April 21, 2006. The points on the agenda include confirmation of the annual report for 2005, deciding on the dividends and the company’s auditor. The shareholders will also have to decide on whether the enterprise should set up a new Company.