HomeMaterials for November 2006 yearPage 8
08 November 200612:52

UralBusinessConsulting Agency of Information and Analytics re-registers with Federal Mass Media Legislation and Cultural Heritage Surveillance Service

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.
07 November 200613:00

Over 500 claims laid against violators of copyrights since January, says Public Prosecutor in Ural Federal District

According to the spokesperson for the General Administration of Public Prosecution in Ural Federal District, in the course of regular investigations their experts have revealed a lot of crimes connected with illegal copying of audio and video CDs, tapes, software and other types of copyrighted media since the beginning of the year. One such case involves a surreptitiously operating shop/storehouse that dealt in producing CDs and selling them on the wholesale basis. The shop was located in the so-called Staraya Sortirovka district of Yekaterinburg; the inspection of the premises resulted in
07 November 200612:58

Central Bank of Russia registers 01 bond issue of SKB-Bank

The Central Bank of Russia registered the issue of certificated interest-bearing non-convertible bearer bonds (series 01) by SKB-Bank. The state registration number is 40100705В. The day of the IPO is to be determined by the bank’s Board of Directors and announced according to the federal law on Securities Market as well as according to the laws adopted by the federal executive body responsible for monitoring the securities market. The issue is worth 1bn RUR, with face value of one bond coming to 1,000 RUR; the life of the bonds is three years, with quarterly coupon payments and an annual
07 November 200612:56

Uraltrac Ltd. to become part of vertically integrated Uralvagonzavod Scientific Production Corporation

A special vertically integrated structure is to be set up in Sverdlovsk Region; it will be called Uralvagonzavod Scientific Production Corporation and developed by Rosprom, the PR Director of Uralvagonzavod Production Association Boris Mineev said to UrBC representative. ‘The structure will consist of nine industrial enterprises, seven institutes, and four drafting departments. So far, the following companies have applied: Uraltrac Ltd., Electromachine Scientific Production Association, Uraltransmash Federal Unitary Enterprise, Kamensk-Uralskiy Foundry JSC, and Rubtsovsk Machine Building
07 November 200612:54

Ural Turbine Plant negotiates with China

The last carriage loaded with parts of the new PT-90 steam turbine meant for the power station located in People’s Republic of China started its journey from the premises of Ural Turbine Plant (part of Renova Group) on October 30, 2006. Another such turbine is now being made as well. In addition, the works is planning to sign a contract involving production of the first 300-megawatt steam turbine with Harbin Turbine Works in April 2007. This turbine will be installed at another Chinese power station. At the recent meeting of the two parties, they had a chance to look at the working schedule.
07 November 200612:52

Pipe Metallurgical Company announces over-allotment option

Pipe Metallurgical Company (aka TMK) announced that it managed to go through with the over-allotment option with the help of its global coordinators. The option amounts to 18m shares sold at $5.40 per share. The right to go ahead with the over-allotment was received due to successful offering of 180m shares. Now the company offers 198m shares (excluding the incidental selling of shares to the company’s personnel); the total profit from the operation comes to $1,069,200. The Global Depositary Receipts of Pipe Metallurgical Company quoted at London Stock Exchange were given the ticker tape
03 November 200613:00

Metallurgical Industrial Complex of Nizhniy Tagil renovates roads and production shops

The Improvements Department of Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group) looked at the results of its activity during the summer and fall 2006. Over six months, the employees of the department have surfaced 58,000 square meters of roads with asphaltic concrete pavement, renovated almost 3,000 square meters of sidewalks, and made some improvements in a few of the company’s remote shops. The bulk of the work was done it the oxygen-compressor shop, in the shaped casting shop, in No. 3 metallurgical equipment repair shop, and in the company’s central square, reports
03 November 200612:58

People evacuated from Yekaterinburg railway station for one hour yesterday

A militia station in Yekaterinburg received a phone call at 9.20 PM yesterday about the bomb allegedly placed at the local railway station. In compliance with the existing rules, all passengers that happened to be there at that moment were evacuated and the overrunning train was placed on the first railway. The rescue team surveyed the area but found no explosives or suspicious-looking items either on the platforms or in the building. The railway started operating again at 10.30 PM. ‘There were no passengers on the premises during the surveying period,’ says Yulia Verkhovikh, PR Director of
03 November 200612:56

Overhaul of winder completed at Kazskiy subsidiary of Evrazruda

The 51-day overhaul consisting in the replacement of the drum of the winder has been completed at Kazskiy subsidiary of Evrazruda (ore maker and part of Evraz Group). This overhaul is quite unique in that this is the first replacement of such a bulky obsolete item in the company’s history. The drum shaft weighs 34 tons, the main part weighs 70 tons, and the diameter of the drum is 5 meters. It was actually delivered on the premises of the company on three railway platforms. In the course of the overhaul, the company’s general contractor, NSK Novokuznetsk Ltd., applied the original yet simple
03 November 200612:54

Ural Airlines set up 30 booking offices

Around thirty retail outlets of EuroSet, the mobile phone trader, started dealing in selling and booking tickets for Ural Airline flights on November 1, 2006. Prior to this, buying a ticket in the mobile phone shop was only available to residents of little Ural towns (for instances, for people living in Polevskoy, Artemovskiy, Kackanar, Miass, Snezhinsk, etc.). The outlets of EuroSet in Yekaterinburg were selected based on the geographical criterion: the air carrier wanted its offices to be located in all of the city’s districts. The second criterion consisted in the long working hours of the
03 November 200612:52

Izhorsk Works to hold EGM on November 28, 2006

Izhorsk Works is going to hold an extraordinary general meeting on November 28, 2006. The maim item on the agenda is reelecting the Board of Directors. United Machine Building Works (which Izhorsk Works is part of) decided to elect two representatives of Federal Atomic Power Agency Members of the Board of Izhorsk Works. This will be done within the framework of the joint venture project with AtomEnergoMash. The reelection is also targeted at improving cooperation among all parties involved as well as at trying to obtain a state contract (according to the federal Nuclear Industry Development
03 November 200612:50

United Machine Building Works take part in first stage modernization of Severniy Ore Mining and Processing Enterprise of Ukraine

The 1500/180 primary crusher delivered by OMZ Uralmash (part of United Machine Building Works) started operating at No. 3 crushing plant of Severniy Ore Mining and Processing Enterprise, the Ukraine. The crusher was made at Uralmashzavod based on the engineering project of OMZ Crushing and Reduction Equipment (both enterprises are part of OMZ Uralmash). Ukrainian Prime Minister Viktor Yanukovitch attended the launching ceremony that took place in mid-October. The introduction of No. 3 crushing plant at Severniy Ore Mining and Processing Enterprise (part of MetInvest Holding) has become the
03 November 200612:46

Employees of ChelyabEnergoSbyt take part in second series of New Generation Business Leader Program

The employees of ChelyabEnergoSbyt, Chelyabinsk Region heat and electricity supplier, took part in the second series of New Generation Business Leader Program. According to their spokesperson, more people from the company attended the seminar this time compared with the first series. In order to select the participants, an ad hoc committee made up of managers, psychologists, and the company’s employees assessed the essays of the candidates written of the topic of what the 21st century business leader should be and look like. The authors of two best essays (Anatoliy Dzyuba and Andrey Sokolov)
02 November 200613:00

First Power Generating Company gets certificate of preparedness for winter

First Power Generating Company (aka OGk-1) received the certificate of preparedness for the winter season. All of its power stations have been considered well-prepared for the maximum workload expected in late fall and winter; they got their certificates as early as October, reports the company’s spokesperson. OGK-1 has already repaired both major and supplementary equipment, buildings, and facilities; the corporate repair campaign is almost over now, with over 1.3bn RUR spent over the nine months of 2006. The oil-receiving and discharging systems, fuel preparation facilities, and
02 November 200612:58

Trading profit of United Machine Building Works goes up by 21% in first half of 2006

United Machine Building Works has recently published a report on the intermediate results of its financial success (based on the IAS) in the first half of 2006. The enterprise made 9.6% more profits in the first six months of 2006 compared with the first six months of 2005; the figure came to $374.3m, with international sales amounting to 55% of revenues. The company’s operational profit reached the point of $25m in June 2006, which is 21% better than one year earlier. EBITDA came to $37m, which exceeds the figures for January-June 2005 by 22%, reports the spokesperson for United Machine