The new Test Tower Unit was put into operation at the processing shop of Vanadium ore mining and processing enterprise of Kachkanar (part of Evraz Group); the unit is meant for defining the iron content in the ore and as well as for determining its fineness. The project was designed and developed by the experts of a planning and design office in cooperation with the company’s Quality Management Department. This is why this unit is genuinely unique and fully adapted to the production specifications of the enterprise. Vanadium JSC is also hoping to create analogous units for sampling of pellets

Most of the dramatic outcomes of a black oil spill at the premises of Asha Metallurgical Works have by now been coped with, the spokesperson for the Ministry of Emergency Management in Chelyabinsk Region said to UrBC representative. The emergency team completed the shoreline restoration of the River Sim yesterday. They collected some 27 tons of putrefied soil and restored over 8 kilometers of the shoreline. On June 7, 2006, at least 10 tons of black oil spilled from the mazout line located at the plant. This environmentally hazardous substance penetrated the local rivers Teplushka and Sim and

A meeting of Deputy Plenipotentiary Representative of Russian Federation President in Ural Federal District Viktor Basargin with Board Member of RAO UES of Russia Boris Weinsiekher took place in Surgut. The two executives discussed the power engineering development problems in the Urals as well as the region’s potential within the program of United Energy System of Russia up to 2010, reports the spokesperson for Plenipotentiary Representation of Russian Federation President in Ural Federal District. Mr Basargin also conducted a session of the inter-departmental commission on power engineering

‘Introduction of Calling Party Pays (CPP) system will lead to the following distribution of the voice traffic income: 68% of it will immediately go to the cellular communication operator whose network is servicing the called subscriber, the remaining 32% of income will mainly cover the call delivery expenses borne by Uralsvyazinform that is servicing the stationary phone communication. The losses of this distribution cannot be entirely compensated. We expect that only 40% of losses of Utel, the cellular communication operator owned by Uralsvyazinform, will be compensated by the future

Mechel JSC reports to have floated the second bonded debt at Moscow Interbank Currency Exchange (MICEX). The annual first coupon interest rate (in the first bond issue) came to 8.4%. The bond issue has been fully placed by the end of the first day. As the company’s spokesperson said to UrBC representative, the bonds were offered at 100% of their face value. The annual first coupon interest rate ranged between 7.95% and 8.65%. 28 applications were accepted altogether, with 5 million bonds having been sold. The auction demand came to 5,440 million RUR. The money thus obtained is meant for

Vysokogorsky Ore Mining and Processing Enterprise (VGOK JSC, member of Evraz Group) held a meeting with RAO Russian Railways representatives. The main question touched upon during the meeting was the transportation of VGOK production from the town of Kushva according to a specially designed schedule. The need for development of railroad freight activity between the stations of Blagodat and Smychka results from an increase in density of production traffic from Goroblagodatsky pit to the industrial area of Nizhny Tagil. Every day, a number of passenger trains, ore trains, and wagons carrying

Utel cellular communication operator did not register some of the base stations that the company installed within the current year. This was reported to UrBC representative by the Head of Chelyabinsk Regional Office of Russian State Supervision Service Lyudmila Ryzhova. According to Ms Ryzhova, this kind of state regulations violation can be found in activities of other cellular communication operators as well. ‘When an operator purchases a base station, it has to coordinate the station frequency-assignment for the territory where it is installed. The coordination procedure is rather

Chelyabchimopttorg JSC has recently held the annual general meeting that resulted in approving of the company’s annual report and the profit and loss distribution. The shareholders decided to pass a dividend for 2005 as well as elected the Board Members, namely, Mikhail Burenkov, Valentin Kraev, Galina Selnitsina, Evgeniy Kraev, and Alexei Kraev.

Within the first five months of 2006, Vysokogorsky Ore Mining and Processing Enterprise (member of Evraz Group) has increased its sales of various road metal fractions. The increase came to 7 to 9% against the corresponding figures for the previous year. The road metal of 5 to 20 mm and that of 0 to 10 mm size fractions are in the highest demand. According to Evraz-Holding Ltd. PR-department, the increase in road metal sales is a result of growth of house and road building and that of consumer wants. Due to an accretion of demand, the prices of the shipped production more than doubled. The

On June 21, 2006, the Board of Directors of Electromashina JSC held a meeting. Members of the Board came up with the decision to suggest that the stockholders pass a dividend for 2005.

Kopeisk Machine Building Works JSC has recently held the annual general meeting that resulted in approving of the company’s annual report, the accounting report, and the profit and loss distribution. The shareholders decided to pass a dividend for 2005 as well as elected the Board Members (Boris Anashkin, Petr Kondrashov, Igor Konyukhov, Alexander Kuznetsov, Viktor Semenov, Timur Starositin, Vladislav Tomilov. Yaroslav Chaban, and Tatiana Shvetsova). Consulting Ltd. was chosen the company’s auditor for 2006.

Vanadium Ore Mining and Processing Enterprise JSC of Kachkanar (member of Evraz Group) is getting its machinery repaired and modernized by the contractor, Vostoktechmontazh Ltd. On June 20, 2006, the fifth excavator was put into operation after the repairs. The renovated excavator began operating at the stockyard thus replacing the excavator No. 46, which is the next to be repaired. The renovation of its successor at the stockyard included replacement of all carriage units, installation of a new bucket with the capacity of 10 cubic meters. At the moment, the company’s management is looking

KinoMax-Pobeda JSC has recently held the annual general meeting that resulted in approving of the company’s annual report, the accounting report, and the profit and loss distribution. The shareholders decided to pass a dividend for 2005 as well as elected the Board Members (Konstantin Antropov, Alexander Voroshilov, Vesnyana Labutina, Vladimir Somikov, and Larisa Filon). Audit/Financial Analysis and Taxation Ltd. was elected the company’s independent auditor.

Bank of Russia Crediting Organizations Licensing Department registered the report on the additional share issue by Klebniy JSC worth 56 million RUR. These are the ordinary paperless shares, 560,000 in number (face value of 100 RUR per share). The state serial number of the issue is 10103283В (005D), given on March 28, 2006; the report was placed on May 15, 2006. The shares were being allotted for two days (April 11 and April 12, 2006) via subscription; People’s Bank of Kazakhstan JSC (Klebniy’s major shareholder) became one of the subscribers.

Within the framework of the Convenient and Obtainable Housing to Russian Citizens National Program, South Ural Mortgage Lending Agency JSC announced a private house project competition hoping to promote low-rise constriction, reports their spokesperson. The general provisos are: the area of the house (excluding the terraces, the balconies, and the attics) should come to anything between 100 and 150 square meters and 3 to five technologies and designs. The prime cost of the construction and assembling should meet the limit of 10,000 to 12,000 RUR per square meter, given the current prices.

Minister for International and Foreign Economic Relations of Sverdlovsk Region met Hungary’s sales representative Mihai Kemenesh. The Hungarian delegation came to the Mid-Urals because of the co-operation agreement signed between Pont-GB-Ganz and Uralsevergas. In the course of the meeting, Mr Kemenesh spoke on the bilateral co-operation opportunities. One way of co-operating has to do with Hungarian experts repairing and maintaining Ikarus buses widely used in Sverdlovsk Region. Another one might involve construction projects, reports the spokesperson for the Ministry.

Integrated Metallurgical Complex of Nizhny Tagil JSC (NTMK JSC), member of Evraz Group, is going to participate in the 5th International Exposition of Armament, Defense Technologies and Ammunition RUSSIAN EXPO ARMS – 2006. The exposition will be held at the firing ground located by Staratel settlement. NTMK part of the exposition is ready now. The company is to demonstrate the process of metal, beams and channels production. The Complex will also install within its exposition area some special video facilities displaying new technologies used by NTMK. The company’s representatives will be

Due to the thunderstorm that hit Sverdlovsk Region on June 20, 2006, a number of accidents occured at the electricity networks of Comenergo CJSC. This was reported by a KESK-Multienergetics Ltd. representative. There were major power cuts for more or less lengthy periods at some apartment and office buildings of Pervouralsk, Aramil, Berezovsky, Revda, Kamyshlov and Irbit. In Pervouralsk, the storm damaged a feeder, which caused some cut-offs of apartment buildings, summer cottages, and of a gas filling station. In addition, a tree fell on an overhead transmission line that resulted in some

‘Fujitsu Siemens Computers finished the fiscal year 2005 with the following results: the company’s income amounted to ?6.7bn, the pre-tax profit came to ?120m,’ said Pavel Kuzmenko, director of marketing of Fujitsu Siemens Computers Representative Office in Russia and CIS countries. ‘Within the second half of 2005, the company’s income amounted to ?3.8bn. During the same period the pre-tax profit came to ?92m,’ indicated Mr Kuzmenko. ‘The total return on sales of corporate data storage systems reached the point of ?500m,’ he said.

In order to enter the international community of air carriers, Ural Airline JSC is currently taking part in a certification program supported by International Air Transport Association (IATA), reports the company’s spokesperson. Upon receiving the IOSA certificate and getting on the audit-approved carriers list, Ural Airlines should become internationally recognized for their safety achievements. Colin Penny, an independent expert from the UK, is currently conducting a workshop for the company’s top-managers. Within a few days, the executive of a consulting firm is expected to put them into