Magnesite Industrial Complex (part of Magnesite Group Holding) raised its refractory goods and commercial powders production by 6.5% (up to 320,200 tons) and by 12.9% (up to 661,800 tons), respectively, in January-October 2006 (compared to the corresponding months of 2005). The company managed to increase its shipments of commercial powders by 9.1% (up to 661,800 tons) in ten months of 2006 (compared to January-October 2005) and shipped 3.9% more refractory goods (over 307,000 tons) over the same period. The shipments of refractory goods to Russian consumers amounted to almost 250,000 tons in

According to the Central Bank of Russia, the volume of deposits and other investments placed by natural persons with Uglemetbank for a term of 1 to 3 years has gone down by 71.783103% (from 1,213,677,000 RUR to 342,462,000 RUR) over the nine months of 2006.

Federal Financial Market Service registered the report on the results of the additional share issue of First Power Generating Company of Wholesale Electricity Market (aka OGK-1); the shares were offered in the course of conversion during the acquisition of Nizhnevartovskaya power station, Urengoiskaya power station, Iriklinskaya power station, Kashirskaya power station 4, and Permskaya power station. The acquisition of each power station was accompanied by an additional share issue in order to increase the authorized capital of OGK-1 and assist the merger with the joint-stock company that was

A criminal lawsuit involving a charge with illegal obtaining of loan with the help of counterfeited documents was considered by the court in one of Yekaterinburg’s commercial banks on November 8, 2006. The court conducted the hearing in one of the offices of SKB-Bank located on the premises of No. 2 court area of Oktyabrskiy district of Yekaterinburg. This was the trial of Valentina Korotynskaya charged with crimes indicated in Article 327 (part 3) (Use of counterfeited documents) and Article 159 (part 1) (Fraud) of Russian Criminal Code. Unemployed Ms Korotynskaya got an 114,000 RUR consumer

According to the Central Bank of Russia, the volume of loans given by Savings and Investments Bank CJSC to natural persons for a term of 181 days to 1 year has gone down by 53% (from 14.968m RUR to 7.028m RUR) over the nine months of 2006.

New and more precise microprocessor-based weighing facilities were installed at two skip hoistings of Magnetitovaya mine of Vysokogorskiy Ore Mining and Processing Enterprise (part of Evraz Group). These allow for strict control of the volume of ore extracted and provide stable compliance with the target winning figures. The new facility consists of a number of detectors fixed onto the hoistings; depending of the skip motion speed, the rate of current and the voltage, the detectors transfer information on the mass of the load onto the dispatcher’s screen. The machine records the weight of

The company produced 650,616,000 RUR worth of goods in October 2006, including 56,538 tons of steel, 37,157.3 tons of rolled metal, 6,613.2 kilograms of amorphous tape and 205,381 magnetic conductors, the company’s spokesperson said to UrBC representative.

This October, Magnesite Industrial Complex (part of Magnesite Group) has produced over 32,000 tons of refractory goods, which is 6.2% better than in October 2005. The production rose by 4.4% (up to 67,600 tons), the company’s spokesperson said to UrBC representative. ‘The peculiarity of last month’s program consists in the fact that for the first time in its history, the company obtained a large order for martenite production. Thanks to the well-organized performance of No. 2 magnesite powder shop, the enterprise managed to meet the demands of their clients and ship 1,298 tons of martenite in

According to the Central Bank of Russia, the volume of deposits and other investments placed by natural persons with Uglemetbank for a term of 91 to 180 days has gone down by 3.054955% (from 37.931m RUR to 15.116m RUR) over the nine months of 2006.

Ural Airlines and Wings Travel Club Ltd. have recently introduced a unique program called Flight plus Hotel for those travelling to Moscow. The cheapest offer costs 11,999 RUR and covers return flight (Yekaterinburg-Moscow-Yekaterinburg) and a one-day stay in a single hotel room in Moscow. One could also book a double room or stay for two or three days, etc. Whatever package of services you buy, it will be cheaper than buying two plane tickets and making a hotel reservation separately. ‘This is a perfect option for customers who don’t have enough time to prepare for the trip thoroughly and

Evrazruda JSC (Russian ore maker and part of Evraz Group) decided to develop cooperation among the mechanical services of its subsidiaries as well as to introduce a schedule for providing the enterprise with materials; this schedule is expected to make the corporate planning and internal cooperation more organized. The papers covering the schedule procedures contain a detailed algorithm of joint performance of mechanical services and logistics departments of the subsidiaries (the latter deal with centralized supply system and internal order distribution). Abagurskiy subsidiary of Evrazruda

‘We must admit that even though the legally proposed deadline (stated in the federal law # 36) for separating the power-supplying companies into generating, network-servicing, and supplying ones was stated as April 1, 2006, we still haven’t been able to separate,’ the spokesperson for SverdlovEnergoSbyt JSC said to UrBC representative. ‘A number of companies keep combining services involving electricity transmission with those involving selling it. Moreover, some of them even acquired the status of the guaranteeing supplier, which actually complies with the Retail Market Regulations,’ the

A general shareholder meeting of Uralsevergaz (affiliated company of ITERA Oil and Gas Company) was held in Yekaterinburg. It resulted in electing the new Board of Directors, with Chairman of ITERA Vladimir Makeev becoming the Chairman of the new Board of Uralsevergaz, reports the company’s spokesperson. The former Chairman Valeriy Otcherpov (Chairman of ITERA as well) was elected as recently as June 23, 2006, which is when the annual shareholder meeting was held in Uralsevergaz. Yet in July, Mr Otcherpov resigned from his position in ITERA and became Deputy Chairman of ITERA. Vladimir Makeev

UralBusinessConsulting Agency of Information and Analytics re-registered with the Federal Mass Media Legislation and Cultural Heritage Surveillance Service. It has been given a new registration certificate IA FS 77-25770. According to the rules of registration, the agency is allowed to operate on the territory of the Russian Federation. This means that UralBusinessConsulting Agency of Information and Analytics now has the official status of the federal mass medium.

According to the Central Bank of Russia, the volume of investments and deposits at call of non-resident natural persons in Mechel-Bank has gone down by 38.524036% (from 1,477,000 RUR to 908,000 RUR) over the nine months of 2006.

According to the Central Bank of Russia, the volume of accounts opened in Uglemetbank by nongovernmental commercial organizations for a term of 1 to 3 years has gone down by 86.956522% (from 46m RUR to 6m RUR) over the nine months of 2006.

Ural Airlines and Wings Travel Club Ltd. have recently introduced a unique program called Flight plus Hotel for those travelling to Moscow. The cheapest offer costs 11,999 RUR and covers return flight (Yekaterinburg-Moscow-Yekaterinburg) and a one-day stay in a single hotel room in Moscow. One could also book a double room or stay for two or three days, etc. Whatever package of services you buy, it will be cheaper than buying two plane tickets and making a hotel reservation separately. ‘This is a perfect option for customers who don’t have enough time to prepare for the trip thoroughly and

Evrazruda JSC (Russian ore maker and part of Evraz Group) decided to develop cooperation among the mechanical services of its subsidiaries as well as to introduce a schedule for providing the enterprise with materials; this schedule is expected to make the corporate planning and internal cooperation more organized. The papers covering the schedule procedures contain a detailed algorithm of joint performance of mechanical services and logistics departments of the subsidiaries (the latter deal with centralized supply system and internal order distribution). Abagurskiy subsidiary of Evrazruda

‘We must admit that even though the legally proposed deadline (stated in the federal law # 36) for separating the power-supplying companies into generating, network-servicing, and supplying ones was stated as April 1, 2006, we still haven’t been able to separate,’ the spokesperson for SverdlovEnergoSbyt JSC said to UrBC representative. ‘A number of companies keep combining services involving electricity transmission with those involving selling it. Moreover, some of them even acquired the status of the guaranteeing supplier, which actually complies with the Retail Market Regulations,’ the

A general shareholder meeting of Uralsevergaz (affiliated company of ITERA Oil and Gas Company) was held in Yekaterinburg. It resulted in electing the new Board of Directors, with Chairman of ITERA Vladimir Makeev becoming the Chairman of the new Board of Uralsevergaz, reports the company’s spokesperson. The former Chairman Valeriy Otcherpov (Chairman of ITERA as well) was elected as recently as June 23, 2006, which is when the annual shareholder meeting was held in Uralsevergaz. Yet in July, Mr Otcherpov resigned from his position in ITERA and became Deputy Chairman of ITERA. Vladimir Makeev