The trustee in bankruptcy of Tyushevskiy Distillery Ltd. announced that the company’s spirit-making facility, equipment (pledged as security) and non-pledged equipment were put up to auction. The opening bid is 13,454,420 RUR. This price covers the VAT and requires a deposit of 10% of the opening bid, each next bid must exceed the previous one by no less than 5% of the opening bid. The applications are accepted since October 2, 2006 at 163 Bolshevistskaya St. Off. 35, Perm. The auction will be held on at 163 Bolshevistskaya St. Off. 313 at 2 PM on October 31, 2006, with applicants registered

Ural Turbine Works has been upgrading its gas turbine facility; so far, the company has already introduced four universal continuous milling machines meant for producing spare parts. The works has also been considering buying the multi-purpose machining center in order to raise the range of products and amount of spare parts produced, reports the spokesperson for Ural Turbine Works.

‘This flight to Georgia used to be performed by Dbilaviamsheni Airlines on Sundays, but, apparently, there will be no more flights,’ the spokesperson for Koltsovo Airport of Yekaterinburg Yulia Fedotova said to UrBC representative. The Russian Federation Department of Transportation cancelled all kinds of transport and postal connections to Georgia on October 3, 2006. According to the Head of Russian Federation Public Air-navigation Service Alexander Neradko, the canceling of flights was caused by the accumulating debt of Georgian carriers.

The top managers of OGK-2, the heat and power generating company, received abstracts of the united state register of legal entities that report the closing down of Stavropolskaya, Pskovskaya, and Surgutskaya power stations as independent legal bodies on September 29, 2006; they have now become subsidiaries of OGK-2. According to the company’s GD Mikhail Kuzichev, their investment program for 2006-2010 consists of three projects targeted at increasing the throughput of the corporate powers stations, putting up a 330-megawatt coal-based power generating unit at Serovskaya power station,

South Ural Medical Insurance Company will hold EGM on October 27, 2006. The agenda has to do with the issue of possible closing down and selecting the settlement committee.

‘The total area of Mega Family Shopping Center comes to 127,000 square meters, including the premises of IKEA that cover 26,000 square meters,’ Director of the center Michael Nilson announced at today’s press conference devoted to the upcoming opening ceremony (scheduled for October 7, 2006). According to Mr Nilson, there are still a number of operations that will not be completed before the due date, for instance, part of underground parking lot and 20 to 30 shops still have to be finally furbished and equipped.

Leonid Soloviev was appointed Head of Production Department of TGK-9 (heat and power generating company) in Sverdlovsk Region. Now the company’s management is two-fold, excluding the previously operating regional managing subsidiaries. The managerial layers now include special production departments that keep track of a particular region’s success, covering stations and heat networks. Vladimir Matasov is now the head of Production Department in Perm Region, and Yuriy Tseshkovskiy heads the Production Department in the Republic of Komi, reports the company’s spokesperson.

Tube and Pipe Metallurgical Company announced the results of its financial activity in the six months of 2006 according to the international accounting standards. The auditing was carried out by Ernst and Young Ltd. The company sold 1,462,200 tons of tubes and pipes, including 482,800 seamless oil country tubular goods (OCTG), and produced 1,108,800 tons of steel. The company’s consolidated return came to $1,576.34m, the prime cost of the goods sold amounted to $1,076.82m, the gross profit reached the point of $499.52m, EBITDA margin came to 24.9%, the net profit to $229.05m, reports the

Russian Managers Association and Kommersant Publishers drew up their seventh 1000 Most Professional Managers List based on ‘the best choose the best’ principle. This year, the General Director of Ural Airlines Sergey Skuratov has hit the list once again, which is already becoming a tradition. Besides, the list includes Kirill Skuratov, who got on the 200 Most Professional Commercial Directors list, and Financial Director Elena Ichkurina, who hit the Top 200 list in her respective category. Ural Airlines have recently hit the World’s Top 200 Leading Carriers rating, published by Airline

The company produced 225,800 tons of coal in September 2006, which only falls short of the figures for September 2005 by .6%. This includes 65,600 tons of coal extracted at Kapitalnaya mine and 25,300 tons coming from Komsomolskaya mine. The daylighting operations resulted in 422,000 cubic meters of coal (which amounts to 73.9% of the figures for September 2005). The company’s miners developed 380 meters (78.8% of the figures for the year earlier). The company shipped 20.8% less coal to consumers – the figure only came to 247,500 tons, the company’s spokesperson said to UrBC representative.

A veterans’ meeting devoted to the upcoming Senior Citizen’s Day was held on the premises of Zinc Plant of Chelyabinsk on September 28, 2006. The Assembly Hall hosted some 300 retired people (who had been employed by the plant), and General Director Vsevolod Geihmann addressed the audience with a speech, covering the current state of events at the plant and sharing the company’s development plans. ‘The plant has always been proud of its pensioners, and it was largely due to them that the company managed to reach the production and economic levels it did. We have been supporting and will try

The reorganization of OGK-1 JSC (First Power Generating Company) was completed on October 2, 2006. As a result of the reorganization, the five joint-stock electric power stations integrated into First Generating Company became its branches. The first was State District Power Plant of Verkhny Tagil (it acquired the status of OGK-1 branch in the summer of 2005) On October 2, 2006 Tyumen Regional Department of Russian Federal Tax Service registered the discontinuance of operating of the join-stock power stations due to reorganization resulting in affiliation to another business. The shares of

Subdivisions of IES-Multiutilities Ltd, the heat energy supplier for 15 towns of Sverdlovsk Region, have received certificates of power equipment readiness for winter service. This event was reported by the company’s PR-department. The inspection board consisting of Sverdlovsk Power Utilities JSC, Regional Heat Power Supplier Company Ltd, Rostekhnadzor and local administrations representatives checked the equipment survivability, its ability to carry extra load during the heat deficit period as well as the personnel awareness of the safety measures and its emergency operation skills. To date,

The Federal Antimonopoly Service in Sverdlovsk Region found TechnoSila guilty of violating point 15 of the federal law on advertising. The company had launched an inadequate advertisement (buy one and get one free). Two natural persons who never got the presents they had been promised initiated the legal action against the company. The Service is currently considering the way of punishment. TechnoSila may experience anything between being prohibited to advertise and having to pay a fine.

On October 2, 2006, Ural Turbine Works CJSC (part of Renova Group) started the new turbine blades high-speed processing sector. The company management chose the specialized machines produced by Lichty, Shaublin and Koher of Switzerland as the main manufacturing equipment of the sector. The machines display high-level technology processing and have proved to be effective while employed by the world’s leading power equipment and turbine blade manufacturers. The introduction of the machines will result in speeding up the production of turbine blades of an innovative design, reducing the duration

The Board of Directors of United Machine Building Works considered and approved of the resignation of General Director Sergey Lipskiy due to expiration of contract on September 29, 2006. Deputy General Director and Director of OMZ-Atom division Evgeniy D. Sergeev was appointed acting GD. Mr Lipskiy joined the company in 2003 in the capacity of the Executive Director and was promoted to General Director in 2004. Under his supervision, the company’s top management was able to reorganize and improve the production process in 2004-2005; the works also decided on its main strategic programs,

ComEnergo, the local power supplier, has been certifying 24 of its subsidiaries located in Sverdlovsk Region, reports the spokesperson for IES-Multiutilities Ltd. The company used to have the certificates signed by the company’s leading technicians last year; this year, the readiness certificates must be signed by the mayor of the city or town where the subsidiary is located.

CHELINDBANK JSC and European Bank for Reconstruction and Development signed a 140m RUR credit agreement for the term of 7 years. The funds attracted by CHELINDBANK are to be invested in mortgage lending development. The agreement represents another step in active cooperation of EBRD and CHELINDBANK that began in 2002 within the framework of EBRD small business support program, said the spokesperson for CHELINDBANK to UrBC representative. ‘We hope that the signing of the agreement will open up the era of effective cooperation between our banks in the field of mortgage lending,’ said GD of

Two subsidiaries of ChelyabEnergo, the regional power supplier, (Chelyabinsk and Central Electrical Networks) were the first to obtain documents that certify their readiness for the coming winter season. A special commission, headed by the company’s top managers, had been checking the degree of preparedness of the subsidiaries in terms of how well they would operate in low temperature, how smoothly the dispatching could be performed, whether there were enough employees and supplies and so on for two weeks. The certificates awarded to the subsidiaries prove that they have fully met all the

‘The arrival of Auchan chain stores is an important event for the city of Yekaterinburg and a real challenge for local shops. The new rival will make many sellers reconsider their pricing and supplier policy and range of products; it will also affect the customers’ buying behavior,’ the Marketing and Advertising Director of Monetka Trade Center Alexei Gribanov said to UrBC representative. ‘No local retailer can boast of such a competitive advantage as being located on the premises of MEGA, a huge trade center. This factor is going to make Auchanan even more influential player on the market,’