Given the global leadership of Japanese producers of powerful gas turbines and the design projects of Ural turbine makers (some projects provide for an over 57% coefficient of efficiency of a steam-gas turbine), these two parties, represented by Mitsubishi Heavy Industries and Ural Turbine Works (part of Renova Group), respectively, have impressively good grounds for close cooperation. This was the conclusion made by the executives of Russian and Japanese enterprises in the course of negotiations held in Yekaterinburg. MHI isn’t the first the first foreign company to take interest in our

The meeting of the Board of Directors of First Generating Company of the Wholesale Electric Power Market OGK-1 will be held on September 12, 2006. The points on the agenda cover the discussion of the company’s crediting policy report and the procurement activity report. The other points have to do with the preliminary approval of a transaction that could lead to liability whose scale depends on foreign currency. The voting will be performed in absentia until 6 PM on September 12, 2006. OGK-1 was registered on March 23, 2005 and, according to the decree of the Russian Government, it includes

As the Corporation’s acting PR Director Roman Fedulin said to UrBC representative, the decision of the Board to hold an extraordinary general meeting was made after the application of a shareholder who possesses around 10% of the company’s shares. The extraordinary general meeting of VSMPO AVISMA Corporation has been scheduled for November 7, 2006. Among the points on the agenda are: early termination of the Board Members’ powers and electing the new Board of Directors. The federal law on joint-stock companies, supported by the corporate Charter, states that shareholders possessing the total

World Association of Nuclear Operators will be examining Beloyarskaya nuclear power plant from September 3 to September 15, 2006; the expert team consists of 18 people, including the citizens of the U.S., France, India, the Czech Republic, Hungary, Slovakia, Bulgaria, and the Ukraine. The team has to assess the state of events at the plant in terms of quality and reliability of the plant operation and of the equipment maintenance, the condition of the engineering support and radiation protection, the extent to which the plant staff use the experience of their colleagues, the chemical

The shareholders of Bread-Making Plant of Zlatoust decided to float ordinary registered noncertificated shares in the course of the extraordinary general meeting. The shares are floated via convertion in case of a stock split, with 17,304 ordinary registered noncertificated shares with face value of 1 RUR each converted into 34,608 ordinary registered noncertificated shares with face value of .5 RUR each through splitting one ordinary registered noncertificated share with face value of 1 RUR in two ordinary registered noncertificated shares with face value of .5 RUR each; the old shares must

The Russian Government came up with the prospective federal property privatization plan for the years 2007-2009. This plan provides for privatization of 14 enterprises of Sverdlovsk Region, including UralAviaTechSnab JSC. 100% of this company’s authorized capital is owned by the government at the moment, and, according to the plan, 5,149 shares are to be sold to private holders. Given the medium-term forecasts for Russia’s socio-economic development and the estimates of the privatized companies’ cost in 2007, the federal budget is likely to receive 41bn RUR in the form of profits on sales.

Russian Copper Company CJSC has been putting up the third electrolysis shop at Kyshtym Copper Electrolysis Plant CJSC. Upon the completion of the project, the plant will produce 1.8 times more of cathode copper (up to 220,000 tons a year). The project requires $70m altogether, with the first section of the shop with the throughput of 50,000 tons a year will be launched in May 2007; the whole shop will be put into operation at the end of 2007. Thus the production capacity of Kyshtym Copper Electrolysis Plant will rise by 2.7 times (from 82,000 tons to 220,000 tons of cathode copper annually)

Following the decision of the company’s Board made on September 4, 2006, the extraordinary general meeting of VSMPO AVISMA Corporation has been scheduled for 2.15 PM on November 7, 2006. The meeting will take place in the town of Verkhnyaa Salda, Sverdlovsk Region (the assembly hall of the local Book Palace, 12 Parkovaya St.). Among the points on the agenda are: early termination of the Board Members’ powers and electing the new Board of Directors. The federal law on joint-stock companies, supported by the corporate Charter, states that shareholders possessing the total of no less than 2% of

The repair-and-renewal operations at the site of a fallen highway bridge were completed during the day yesterday. The railways at Sverdlovsk-Passazhirskiy-Shartash haul were cleared from the ferroconcrete blocs, and the first operational train used this section of TransSiberian main line at 2.50 PM Moscow time. According to the estimates of Sverdlovsk Region Railways, the damage done to Russian Railways amounted to approximately 40 to 50 million RUR. Since the highway bridge fell upon the railways, 111 freight trains and 104 passenger trains had to be delayed. While the teams of workers were

General Director of RosEnergoAtom Sergey Obozov visited Beloyarskaya power plant on September 5, 2006. This visit had been planned for and was not connected with any extraordinary issues. Mr Obozov was appointed acting General Director of RosEnergoAtom in March 2006 and has already visited all of Russia’s nuclear power plants since. Yet Beloyarskaya became the first plant to receive Mr Obozov in the capacity of GD proper after he won the application contest on Septermber 1, 2006. Mr Obozov visited BN-800, the power generating unit currently under construction, and the operating BN-600. He

The technicians of Vysokogorskiy Ore Mining and Processing Enterprise JSC (part of Evraz Group) started renovating the section of wet magnetic separation with installing the separators; the new Cavex Warman washing cyclones, Sandvik breakers (made in Sweden) and Derriсk tumblers (made in the U.S.) will be added to the rest of the equipment as well. This renovation has been scheduled within the framework of the company’s development program up to 2015; the program gives top priority to modernizing the processing facilities, which will begin with upgrading the equipment of Vysokogorskaya and

Verkhnetagilskaya power plant located in Sverdlovsk Region is currently under reconstruction. The main challenge facing the workers lies in not being able to put the power generating units out of operation even for a while, as it will be keenly felt by the electricity consumers. The technicalities connected with putting up the new power-generating unit will be discussed at a special meeting, to be attended by the representatives of regional power generating companies and of the All-Russian Institute of Heating Technologies. The new unit might be intoruduced some time after the year 2010; the

Within the first half of 2006, the average pay of an employee of Ural Turbine Works CJSC (part of Renova) has gone up by over 5% (from 10,800 to 11,400 RUR). Following the collective agreement, the works spent 2 million RUR on occupational safety, including 430,000 RUR spent on special foods. The enterprise invested over 1.8 million in clothing, shoes and personal protective equipment. Approximately 300,000 RUR were allotted to workers in the form of subsidies and 200,000 RUR were spent on summer holidays for the employees’ children. All these expenditures occasioned by the collective

Vanadium Ore Mining and Processing Enterprise of Kachkanar JSC (part of Evraz Group) is going to hold the employee emergency training month. This is done following the order of Svedlovsk Region Government. According to the plan, the company will conduct a number of theme seminars devoted to civil defense in September. The corporate departments will have to install information boards providing tips of emergency prevention and handling. Besides, some workshops will be conducted on practical application of special equipment, first-aid skills, and rescue operations, reports the spokesperson for

Vysokogorskiy Ore Mining and Processing Enterprise (part of Evraz Group) summed up the results of its activity in August 2006. Almost all of the company’s departments did impressively well. Magnetitovaya and Yuzhnaya mines were the best among the production shops: they exceeded the plan by 6% and 2%, respectively. Estyuninskaya mine and the open pit operated stably. The enterprise managed to meet the increased demand of refractory goods producers for unusually fractioned dunite and hit the target figures for extraction and shipping of limestone. Vysokogorskiy also accomplished all of the

Since the beginning of the year, Uraltrac Ltd. has produced 3,665,480,000 RUR worth of commodity goods, which amounts to 102.6% of the target figures. The company has produced 1150 engineer vehicles (99.1% of the planned amount) worth 2,142,429,000 RUR including 171 tractors, 64 pipe-laying cranes, and 897 ripper-dozer units throughout January to August 2006. The total shipments came to 4,310,860,000 RUR in money terms (93.9% of the target figures). The company sold 1171 engineer vehicles worth 2,549,474,000 RUR, including 1074 tractors and T-10-based units and 61 ripper-dozer units. The

Asha Metallurgical Works JSC has produced 4,645,819,000 RUR worth of commodity goods throughout January to August 2006, which exceeds the figures for the eight months of 2005 by 5.1%. Its steel and rolled metal output came to 424,982 tons (3.9% better than in 2005) and 308,174 tons (an increase of 6.2%), respectively. The works produced 47,250.96 kilograms of amorphous tape, which is 45% more than a year earlier, and 1,103,445 magnetic conductors, which exceeds the figures for the year 2005 by 14.5%, the company’s spokesperson said to UrBC representative.

ChelyabEnergo JSC, the regional energy and electricity supplier, acquired the new 100-kilowatt portable diesel generator for its subsidiary Chelyabinsk Electrical Networks. According to the spokesperson for ChelyabEnergo, the generator is meant for self-contained electricity supply to the consumers based on special agreements or in case of power cuts, including the ones caused by very low temperatures outside. The capacity of the generator allows for a few hours of backup power supply to such places as hospitals, kindergartens and the like, and blocks of flats. The company has already set up

Four more enterprises allowed Yekaterinburg Electrical Network Company to limit their supplies of electricity in case one of the power transformers breaks down during the most strenuous winter days, reports the spokesperson for the Company. These are N.A. Semikhatov Scientific Production Association, UralElastoTekhnika CJSC, the local oil and mayonnaise producing company, and ElectroTrans CJSC. Therefore, the electricity supplier now has the consent of 12 companies that use the most heavily loaded substations. One of these substations known as Trud experienced a major breakdown of a power

A 100 square meter-patch of concrete roof fell down at No. 2 shop of Kasli Machine Building Plant (Chelyabinsk Region) due to violation of occupational safety provisions when dismantling metalwork on September 1, 2006. The debris hit and badly damaged a GAZ-66 truck with one person inside, so nine firefighters from Kasli district, six rescuers from Snezhinsk, three rescuers from Ozersk, and seven rescue rangers from Kystym (twenty-five people and seven vehicles altogether) were immediately sent to save the life of the person buried alive under the wrecks of the roof. The 27-year-old victim