A group of inspectors from the Losses Department of Sverdlovsk Region Communal Facilities JSC conducted five raids in the town of Kachkanar and revealed 15 instances of electricity theft that resulted in 60,000 RUR of collected debt, reports the company’s spokesperson. The company recorded 7 instances of theft by natural persons and 8 instances of theft by legal entities last month. For example, Consul, the local shop, removed the official seal of the supplier on the meter, Fashion (another shop) and Rhodonite Ltd. had no functioning meters at all, the meter in a fruit kiosk had a broken

The Board of SverdlovEnergo JSC declared the interest rate to be paid on its bonds: it came to 26.18 million RUR, with a dividend of 52.36 RUR per bond. The total amount actually paid so far has come to 114,047,627 RUR.

In August 2006, Uraltrac Ltd. produced 542.99m RUR worth of commodity goods, which amounts to 98.6% of the target figures. Within the past month, the company produced 189 engineer vehicles worth 355.8m RUR including 25 tractors, 10 pipe-laying cranes, and 154 ripper-dozer units. The total shipments came to 662.61m RUR in money terms (94.4% of the target figures). The company sold 185 engineer vehicles worth 410.981m RUR, including 173 tractors and T-10-based units and 10 ripper-dozer units. The information was reported to UrBC representative by Uraltrac PR-department.

The public prosecution authorities of Sverdlovsk Region determined that the bridge located at the interception of Shevchenko St. and Vostochnaya St. in Yekaterinburg had been ordered by Blagoustroystvo, the local municipal enterprise; they decided on SverdlovskMostoStroy Ltd. as their general contractor. The construction itself was completed by workers from a building company called Mostostroitelniy Otryad 72. The cross-bars of the second, the third, and the fourth bridge footings fell down at 5 PM on September 4, 2006 while the workers were still there. This resulted in complete destruction

Vanadium Ore Mining and Processing Enterprise of Kachkanar (part of Evraz Group) added some new vehicles to its fleet, namely, two Polish frontlifts and an excavator made by Uralvagonzavod of Nizhniy Tagil. The frontlifts will be used for cargo handling in the pits, factories and storehouses, the excavator is meant for clearing up and constructing railroads in the open casts. One of the frontlifts will be employed at the final tailings shop since, according to the company’s production plan, a lot of drainage fills will have to be dealt with there in 2007. The rest of the equipment should be

Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group) has recently announced the names of the best undergraduates of vocational school 104 who were awarded Evraz Group corporate scholarships. The management of the Complex conducted the solemn ceremony, with five students receiving 6,000-ruble scholarships (per semester). The scholarships were given to two would-be electricians, a crane operator, an electro-gas welder, and a checker mechanic. Every tenth employee of the Complex is a graduate of this vocational school which is the third fundamental source of the company’s

According to the Central Bank of Russia, the natural persons given the loans by UralTransBank are now in 100, 246,000 RUR worth of arrears on their payments. The debt has jumped up to this figure from 68,622,000 RUR throughout January to July 2006.

Ural Airlines are hoping to introduce new flights to a number of destinations in South-East Asia. The carrier is going to acquire a few mid-range Airbus -320 planes in the nearest future, which will allow the company to perform regular flights to Deli, Bangkok, and Beijing. These flights will be offered by the carrier in cooperation with the interline partners for the time being. The flights bound for these cities are attractive for both tourists and entrepreneurs; the federal aviation authorities are currently getting ready to negotiate on air communication development with India, Thailand,

According to the Central Bank of Russia, the volume of natural person accounts set up by UgleMetBank for a term of 181 days to 1 year has gone down by 27.7% (from 464,259,000 RUR on July 1, 2005 to 335,552,000 RUR on July 1, 2006) in the first half of 2006. The only positive fluctuation (1.5% up) was recorded at the beginning of the year, when the volume of accounts came to 330, 453,000 RUR on January 1, 2006.

Starting September 1, 2006, ChelyabEnergoSbyt, the regional electricity suppler, will supply less electricity to Chelyabmeliovodhoz, the federal enterprise, due to debt. As the spokesperson for ChelyabEnergoSbyt said to UrBC representative, they had to stop the supply to the debtor’s pump houses and wells located in their Oktyabrskiy subsidiary altogether in June and July. Prior to this, the company was deprived of electricity on a daily 8 AM to 5 PM basis. Right now it owes the supplier 188, 700 RUR (considering both the budgetary and the non-budgetary contracts). The issue of debt became

A 28-year old steeplejack suffering from third-degree burns that covered 90% of his body was brought to the intensive care unit of the corporate clinic on Saturday afternoon. This person was an employee of PromVysota, a company dealing in steeplejack operations, and hired by Metallurgical Industrial Complex of Magnitogorsk for reconstructing the arc-furnace plant. A cooling gas flue was assembled at 35 meters above the arc-furnace there, and the steeplejacks had to paint the gas pipes on the inside using heat-resistant paint. The diameter of the pips is 2.8 meters, and the workers went inside

Starting September 1, 2006, Ural Bank for Reconstruction and Development expands range of guarantees offered to legal entities and sole traders. It now offers them the benefits of the bank’s new guarantee-concerned services such as individual treatment of each client willing to use a bank’s guarantee, considering the application promptly (in less than five work days), giving a guarantee without a security deposit and flexible pricing policies, reports the bank’s spokesperson.

Sverdlovsk Region Court of Arbitration has recently declared a number of debtors insolvent, these debtors being Concord Production Ltd. of Krasnoufimsk, Ellina, a sole proprietorship of Natalyinsk, Yu. L. Goryacheva, a sole proprietorship from Sarana, Ozernyi, a partnership of Smolenskoye, Agrospetsmontazh CJSC, the equipment-leasing firm of Talitsa, Plamya, a partnership of Belyanovskoye, TugulymskAgroPromChimiya CJSC of Talitsa, and some Yekaterinburg businesses: Design Service Ltd., Ladi Ltd., Ural VMTS Ltd., Doira Ltd., Bunar Complect Ltd., Mellon CJSC, Incomshield Ltd., Sergey A.

‘The General Director of TGK-9 has not been appointed yet, says the spokesperson for Sverdlovsk Region subsidiary of this power generating company. The need for a new GD emerged due to current GD Valeriy Rodin becoming Director of TGK-1. ‘The Board meeting which will take place in September will be devoted to consulting the management of the company’s subsidiaries. We’ll naturally take into account the opinion of our shareholders as well. Only then will we be able to appoint the new head of Sverdlovsk Region subsidiary of TGK-9,’ the spokesperson said.

According to the data provided by the insurance inspectorate in Ural Federal District, the insurers of Tyumen Region dealing in obligatory car insurance collected a total of 929,499 RUR throughout January to June 2006, of which 193,645 RUR came from the subsidiaries and 735,854 RUR came from the companies proper. They also paid the drivers 587,698 RUR altogether (following the insured accident), of which 478,377 RUR had to be paid by the regional insurers and 109,321 RUR had to be paid by the subsidiaries.

RTS stock exchange started dealing in shares and securities of SibAcademBank JSC; these securities are classed as ‘delisted outstanding securities’ and include Type III preference shares, reports the spokesperson for RTS.

Ore Mining and Processing Enterprise of Kachkanar JSC (part of Evraz Group) started assembling a new separator with high magnetic-field strength at its dry magnetic separation department. The equipment of this kind has never been used by the company before. The strength of this new facility is almost twice as big as that of the currently used ones. By the experts’ estimates, in case the separation facilities are fully replaced the enterprise can raise its ore output by .5%, which is quite an achievement for the business. This high magnetic-field strength separator was made by Voronezh-based

‘The region has enjoyed stable socio-economic conditions and a 5% production growth (compared to a year earlier) throughout January to June 2006. The amount of investments has also increased by 1.5 times and came to $5bn,’ Governor Eduard Rossel announced at the press conference. ‘The agricultural produce turnover went up by 15%, which was largely due to regular subsidies; the branch has received 200 combines whose capacity is six times greater than that of the old ones. This allowed the farmers to harvest nearly 2,000 tons of feeding stuffs within 12 hours,’ Mr Rossel said.

The Labour and Industrial Safety Department of Metallurgical Industrial Complex of Nizhniy Tagil JSC (part of Evraz Group) consists of over 60 workers who have to constantly keep track of providing for the safe working conditions for the company’s employees. The Complex sees the life and health of its workers as its top priority; the latest examinations specifically dwelled on the metallurgists following drinking routines in the corporate production shops and on accident prevention. Summer is considered to be the most challenging period for metallurgical enterprises as the temperature in the

Tashtagolskiy subsidiary of Evrazruda JSC (ore maker and part of Evraz Group) has been testing its new magnetic separation systems. The experts from the company’s Central Technological Laboratory and the subsidiary itself are selecting samples of original ore, ore concentrate and final tailings that are then tested and thus make it possible to decide on the best way of ore processing. Fitting the separators with the new magnetic systems is being done within the framework of the corporate modernization program. Four of the subsidiary’s ten separators have already had these systems installed,