13 June 200615:16

Ural Airlines AN-24 aircraft engine has problems during Nadym-Yekaterinburg flight

On June 7, 2006, Ural Airlines AN-24 aircraft engine had problems during Nadym-Yekaterinburg flight. According to the company’s spokesperson, the pilot in command followed the flight operation instructions and decided to go back to the airport of departure. The landing was safe and smooth. ‘The passengers from the flight have been taken to the airport hotel and will be transferred to Yekaterinburg at 6.15 PM on June 8. We’ll use Tu-134 aircraft traveling from Nizhnevartovsk to Yekaterinburg,’ explained the spokesperson. The company is currently gathering data for the investigation of the case.
13 June 200615:14

Uralcryomash JSC shareholders decide to pass a dividend for 2005

Uralcryomash JSC has recently held an AGM that resulted in approving of the company’s annual report, the annual accounting report, the P&L statement, and the P&L distribution. The shareholders decided to pass a dividend for 2005. The shareholders also elected eight Board members and chose to extend the GD Rudolph Zashlyapin’s term of office. The shareholders agreed on the amendments to the company’s Charter and amendments to Provision of Convening and Conducting General Meetings, Provision of Board of Directors, Provision of the Front Office, and Provision of the Inspection Committee.
13 June 200615:12

Sintering plant of Vysokogorskiy ore mining and processing enterprise increases output against the plan in May 2006

Vysokogorskiy ore mining and processing enterprise JSC (part of Evraz Group) fulfilled its output plan in all fields of production in May 2006, and its sintering plant increased output against the plan. As the company’s spokesperson reports, in May, the company employees performed the processing and winning operations well and without interruptions. Lebyazhinskiy sintering plant produced more than had been scheduled in the yearly production plan. Within the month of May, the four sintermachines had been extra-productive, yet the plant workers managed to meet the strict melting stock,
13 June 200615:10

Toyota, Mitsui, and Komatsu executives visit Sverdlovsk Region looking for prospective joint ventures

The representatives of Japanese companies Toyota, Mitsui, and Komatsu met Governor of Sverdlovsk Region Eduard Rossel in the regional Government House today. According to a Mitsui executive, the three companies represent the truly Japanese industry and are willing to work and to invest in the Urals and to provide jobs for local population. Mitsui’s turnover is estimated to come to $33bn; the company set up a subsidiary in Moscow in 2004, and it is now planning to break into the Ural market as well. ‘Mitsui has already bought Toyota Center Yekaterinburg and set up a Russian-Japanese joint
13 June 200615:06

Vanadium Ore Mining and Processing Enterprise of Kachkanar gives overhaul to No.1 sintermachine

Vanadium Ore Mining and Processing Enterprise of Kachkanar JSC is giving a 20-day overhaul to No.1 sintermachine. According to the company’s spokesperson, this is one of the most significant repair operations in the sintering shop in terms of both financial and labour resources. ‘The shop employees say that the uniqueness of this overhaul lies in having to work under new conditions: for the first time in the company’s history, the functions of the general contractor and of the organizer are performed by the recently founded Servicing Center meant for equipment repair. The Center workers and
13 June 200615:04

Local phone operator Uralsvyasinform stops subscribing

Uralsvyasinform JSC (operating on the cell phone market as Utel) will probably stop subscribing new clients in 2007, said the company’s Commercial Director Andrey Belobokov. According to Mr Belobokov, the current amount of subscribers appears satisfactory to the company, so it’s not likely to extend the client network any further. Uralsvyasinform JSC is expected to only maintain the existing client base, even though the company is rated last in Sverdlovsk Region rating of subscriber bases.
13 June 200615:02

Uraltrac Ltd. assesses its achievements in May 2006

In May 2006, the company produced 463,305,000 RUR worth of goods, which exceeds the plan by 5.6%. There were also produced 143 engineer vehicles worth 266,700,000 RUR altogether, of which 16 items were tractors (88.9% of the planned number), 8 items were pipe-layers (80% of the plan), and 119 items were bulldozer-ripping vehicles (105.3% of the plan). The value of the shipped goods amounted to 554,910,000 RUR (95.6% of the plan); the company sold 147 engineering vehicles for 336,630,000 RUR (including 134 tractors and T-10 units and 6 bulldozer-ripping vehicles, the company’s spokesperson
09 June 200614:00

Website AlloMP3.com does not provide music files to its clients any longer

Website AlloMP3.com stopped providing music files to its clients, the site’s registered users have recently reported to UrBC representatives. When one tries to download a file, the system responds by saying that the ordering service is temporarily unavailable as the site is currently under construction and by giving apologies for the inconvenience. According to website TECHLABS, on Tuesday, June 6, 2006, the British Record Industry's Trade Association, BRI, released a report claiming that downloading files using AlloMP3.com is illegal; the company isn’t going to prosecute the users,
08 June 200613:00

Abagursky branch of Evrazruda JSC keeps modernizing sintering production

Erazruda JSC, member of Evraz Group, implemented a new technological operation (that of ‘bed flow’) on three agglomachines. The implementation was accomplished within the framework of sintering production modernization in the company’s Abagursky branch (the city of Novokuznetsk). The operation allows for increasing of mechanical strength of the sintered ore and for decreasing the small articles content (0-5 millimeters fraction). Besides, the implementation of the operation is quite profitable and is expected to reduce the company’s harmful emissions, Evrazruda PR-department reported.
08 June 200612:58

Uralvagonzavod and Knorr-Bremse Systeme für Schienenfahrzeuge GmBH negotiate for setting up joint venture to produce modern rolling-stock brake systems

On June 6, 2006, some Knorr-Bremse Systeme für Schienenfahrzeuge GmBH (Germany) executives paid a business visit to Federal State Unitary Enterprise Uralvagonzavod Production Association. The delegacy consisted of Dieter Willhelm, member of the German company’s Higher Council, Wolfgang Schloesser, member of the Board of Directors, and V.V. Rutkas, Head of the Representative Office in Russia and CIS countries. ‘During the visit, the top-management of our company and the German guests negotiated for cooperation in creation of new promising brake systems for a new generation of carriages. We
08 June 200612:56

GD of Shabrovskiye Electricity Network Sergey Frolov convicted for persistent non-execution of judgment

‘Justice of the Peace of Chkalovsky District of Yekaterinburg returned the verdict of guilty, which completed the criminal lawsuit where the accused was being charged with persistent non-execution of judgment (Clause 315 of Russian Criminal Code)’, reports the spokesperson for the Public Prosecutor’s Office in Sverdlovsk Region. The accused was the forty-five-year-old General Director of Shabrovskiye Electricity Network Ltd. Sergey Frolov In the course of the investigation, it was revealed that, following the decision of Sverdlovsk Region Court of Arbitration, the company headed by Mr Frolov
08 June 200612:54

Public prosecution authorities of Ordzhonikidzevskiy District of Yekaterinburg bring an action concerning illegitimate use of Microsoft Corporation copyrightable matter

‘Public prosecution authorities of Ordzhonikidzevskiy District of Yekaterinburg initiated a criminal lawsuit concerning illegitimate use of Microsoft Corporation copyrightable matter after the investigation of instances of illegal production and selling of pirate copies was carried out alongside with other law-enforcement agencies,’ reports the spokesperson for the Public Prosecutor’s Office in Sverdlovsk Region. The offense was recorded in the office of a commercial enterprise located in Frontovikh Brigad St. Nine of the system units used by the employees had illegal copies of Microsoft
08 June 200612:52

Magnesite Integrated Complex implements project together with Maerz of Austria

In May 2006, representatives of Maerz of Austria paid a business visit to Magnesite Integrated Complex, member of Magnesite Group. During the visit, they discussed the terms of some contracts and the proffered set of engineering services with Magnesite executives. Another subject of discussion was a schedule of further cooperation within a new investments project concerning a proposed construction of vitrified clinkers production sector involving installation of a Maerz high temperature shaft furnace. The parties came up with a decision to carry out some experimental testing. A briquette
08 June 200612:50

Adviser to the President of France Jérôme Monod visits Metallurgical Industrial Complex of Nizhniy Tagil

On June 6, 2006, Consultant to the President of France Jérôme Monod visited Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group). As the company’s spokesperson said to UrBC representative, the purpose of the visit was for the guest to get acquainted with the Complex; in the course of the meeting with the company’s management, M Monod asked them some questions on the company’s activity and the social conditions of its employees. He could see that the Complex has developed a stable system of employee-employer cooperation and that there exists a trade union (whose
08 June 200612:48

Russian Copper Company takes part in International workshop on environmental studies and technologies

Russian Copper Company took part in the International Workshop on Environmental Studies and Technologies (May 30 to June 2, 2006, Chelyabinsk Region). The forum was set up by Moscow-based International Scientific and Technical Center and attended by the environmentalists from France, Germany, the United Kingdom, and by the faculty of Russian, Kirghiz, and Georgian research institutes. Karabashmed CJSC, part of Russian Copper Company Holding, was invited to attend the workshop and present its innovational projects on industrial engineering procedures aimed at dealing with the environmental
08 June 200612:46

Basalt CJSC, producer of car parts, claims to be in danger of unfriendly takeover by its German rival

Basalt CJSC, producer of car parts located in Miass, Chelyabinsk Region, claimed to be in danger of an unfriendly takeover by a rival firm Fenox of Germany. The claim was made by Gennady Brekhov, GD of Basalt CJSC, during his meeting with Head of Miassky okrug Viktor Ardabyevsky and legislature establishment of the okrug. The meeting was also attended by some other car parts market participants, namely, GD of Track Production Association, representatives of Pelmag (Magnitogorsk) and others. In the nearest future, they are going to send a corresponding joint written appeal to Miass
07 June 200613:30

Chelyabinsk Region energy supplier holds annual meeting

Chelyabenergo JSC, the regional energy supplier, held the annual general meeting on June 2, 2006. The shareholders kept to the agenda, that is, they approved of the company’s annual report, of the accounting report (including the profit and loss statement) and discussed the profit distribution. The meeting was adjourned with the decision to pass the ordinary share dividends for 2005 and pay a dividend of .003961 RUR per one preference share within 60 days of the decision. In addition, the attendees confirmed the amendments to the company’s Charter and the new version of the Provision of
07 June 200613:28

AGM of Koltsovo Airport JSC to be held on June 30, 2006

Supervisory Board of Koltsovo Airport JSC decided to hold the annual general meeting on June 30, 2006. The agenda includes approving of the annual report and annual accounting statements, including P & L account for 2005. The stockholders will elect members of Supervisory Board of the Association, members of the inspection commission, and will appoint the company’s auditor. They will also adopt a new version of the Articles of the Association. Supervisory Board has recommended the stockholders to allot 1,972,182.60 RUR to pay a dividend of 6.60 RUR per common share and that of 13.20 RUR
07 June 200613:26

Vysokogorsky Ore Mining and Processing Enterprise raises applicable tariff rates and personnel wages by 5% in May 2006

Vysokogorsky Ore Mining and Processing Enterprise JSC, member of Evraz Group, has multiplied by 1.05 its applicable tariff rates and personnel wages. Since May 2006, the wages of every company’s employee has gone up by 5% on average. According to the company’s spokesperson, the wages are raised under the terms of the collective agreement that provides for an advance of wages in order to compensate the rise in consumer prices during the first quarter of 2006. ‘We managed to raise the wages due to our success in production cost optimization, increase in labor productivity and reducing the