10 November 200612:50

Magnesite Industrial Complex raises refractory goods output by 6.2% (up to 32,000 tons) in October 2006

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
09 November 200611:30

Ural Airlines introduce cost-cutting program for Moscow-bound flights

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
09 November 200611:28

Evrazruda develops cooperation within its mechanical service network

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
09 November 200611:26

Final separation into generating, network-servicing, and supplying companies still pending, reports regional power supplier

‘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
09 November 200611:24

Chairman of ITERA Oil and Gas Company Vladimir Makeev elected Chairman of Uralsevergaz CJSC

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
09 November 200611:22

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.
08 November 200613:00

Ural Airlines introduce cost-cutting program for Moscow-bound flights

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
08 November 200612:58

Evrazruda develops cooperation within its mechanical service network

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
08 November 200612:56

Final separation into generating, network-servicing, and supplying companies still pending, reports regional power supplier

‘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
08 November 200612:54

Chairman of ITERA Oil and Gas Company Vladimir Makeev elected Chairman of Uralsevergaz CJSC

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
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