26 April 200611:24

OMZ-Crane Ltd. exhibits its highly productive radioactive effluent recycling unit project in China

Last week, and exhibition called ‘China’s nuclear industry 2006’ was held in Beijing. Businesses dealing in nuclear power plant equipment found themselves greatly impressed by the Russian highly productive radioactive effluent recycling unit project. The project was designed by the developers of OMZ-Crane (part of OMZ-Uralmash division), reports the spokesperson for OMZ-Uralmash. Among the potential buyers were AREVA of France and Westinghouse of the USA, both involved in tenders for the supply of equipment to two Chinese power stations. Some negotiations have already taken place. The project
26 April 200611:22

Federal Post Administration in Sverdlovsk Region makes 247.5m RUR in profits in the first quarter of 2006

Federal Post Administration in Sverdlovsk Region made 247.5m RUR in profits in the first quarter of 2006 (which is 17% better than in the corresponding period of 2005), reports their spokesperson. The posting services and the office commercial activity yielded 20% and 25% more money than a year earlier, respectively. It was the post office network of Yekaterinburg that proved to be the most lucrative in the given period.
26 April 200611:20

Industrial site allocated by N.A. Semikhatov Scientific Production Association of Yekaterinburg for technological park could be given to its subdivisions

Sverdlovsk Region may witness the auctioneering or sale of unused industrial sites by federal state enterprises for the first time. Thus, according to Director of Machine-Building Department of Sverdlovsk Region Ministry of Industry, Power Engineering and Science Alexander Makarov, N.A. Semikhatov Scientific Production Association of Yekaterinburg could give some of its industrial sites to its subdivisions. ‘They are now settling the issue of whether they should sell them (then there’s a question of to whose account the money is to be transferred) or go for a long-term rent followed by the
26 April 200611:18

Ural Railroad Machine Building Works to invest 700m RUR in developing DC electric locomotive in 2006

Sinara Group CJSC and Ural Railroad Machine Building Works are currently working on the project aimed at designing a hauler electric locomotive. As the project supervisor Evgeniy Kopein announced at today’s press conference, the joint investments into the DC electric locomotive with commutator motor and the hauler one will come to 5bn RUR, with 700m to be invested in 2006. The pilot version of the commutator electric is to be produced in December 2006; it will then be tested, examined, and launched. At the same time, the Works will have completed the engineering data and launched the second
25 April 200612:00

Vanadium ore mining and processing enterprise repairs 2 calcining plants of its pellet shop

Vanadium JSC, (ore mining and processing enterprise of Kachkanar, member of Evraz Group), completed the scheduled repairs of calcining plants No. 3 and No. 4 in its pellet shop on April 21, 2006. Repair works were carried in the working shop and kept in accordance with the schedule, PR-department of Evraz Group said. The calcining plant No. 3 had been repaired within 5 days. Specialists from both subdivisions of the company inspected its equipment and replaced some obsolete parts of the machine and its refractory masonry. They also carried out a complex operation of replacement of low-speed
25 April 200611:58

Magnesite Group to invest 6 billion RUR in its production development before 2010

Magnesite Group worked up and has been carrying out its own investments program aimed at modernization and development of its operating departments as well as distribution and engineering systems, its source of raw materials, and technological and managerial capacities. According to Magnesite Group PR-department, the holding is going to invest 6bn RUR in development of its subsidiaries under this program before 2010. The total volume of investments within 2006 is to come to 2bn RUR including 1.7 billion to be spent on development of Kombinat Magnesite JSC. Resolving problems of raw materials
25 April 200611:56

Thunderstorm causes power cuts in mains of Regional Network Company

A strong thunderstorm caused some power cuts in mains of Regionalnaya Setevaya Kompaniya JSC (Regional Network Company) last night; among the affected towns were Beresovskiy and Sysert. In Beresovskiy, a high-voltage line failed to transmit electricity but was soon made to operate again. In Sysert, there were 3 power cuts yet everything is back to normal now. Overall, 18 breakdowns had to be fixed last weekend. One of them had to do with a car running over the high-voltage line support in Pervouralsk; the offender has already been found and the case transferred to the traffic wardens. Another
25 April 200611:54

LUKOIL production and sales of industrial oil to be managed by LLK International

‘In February 2005, the department of production and sales of industrial oil was set up by LUKOIL JSC; it dealt with all the issues pertaining to production and commercial activity in the oil field. In October 2005, the company decided to establish LLK International Ltd. and empower it with all the managing liabilities in this area,’ Deputy Commercial GD of LLK International Alexander Terletskiy at the conference called ‘LLK International for Industrial Oil Consumers’. ‘I’d like to put special emphasis upon the fact that the arrival of this company is not a simple change in the legal scheme.
25 April 200611:52

Chelyabenergo JSC to hold annual meeting on June 2, 2006

Chelyabenergo JSC is going to hold the general stockholder meeting on June 2, 2006. The points on the agenda include agreeing on the annual report, profit distribution, and the issue of dividends for 2005. The shareholders will also have to elect the Board of Directors, the cast of the inspection committee, and the company’s auditor. Another issue has to do with delegation of exclusive executive powers of the company to MRSK of the Urals and the Volga JSC, a managing company.
25 April 200611:50

Metallurgical Industrial Complex of Magnitogorsk holds annual meeting

Metallurgical Industrial Complex of Magnitogorsk has recently held the annual stockholder meeting. The shareholders agreed on the annual report and the accounting report, including the P & L statement. The annual report states that the company’s smelting output came to 11.4m tons, the metal products output to 10.2m tons, and sales to 147.3bn RUR in 2005. The shareholders decided to pay a dividend of .532 RUR per share. They approved of the company’s updated Charter and elected the following Board Members: Chairman Viktor Rashnikov, Deputy Chairman Andrey Morosov, GD Gennadiy Senichev,
24 April 200611:28

Ural motor works sums up its success in the first quarter of 2006

Within the first quarter of 2006, Ural motor works, member of GAZ Group, increased its trucks production output by 6.4% against the corresponding figures for the previous year, the company PR-department reported to UrBC representative. Within the same period, the company has sold 1897 vehicles (an increase of 10.9% compared to the figures for January – March, 2005). In the first quarter of 2006, Ural motor works opened its assembly plants in India and Vietnam. The first trucks production lot of the Vietnamese plant of Ural is now being received by the national armed forces of the country. The
24 April 200611:26

Tube-rolling plant of Chelyabinsk holds annual stockholder meeting

Chelyabinskiy Truboprokatniy Zavod JSC, tube-rolling plant of Chelyabinsk, held the annual stockholder meeting on April 20, 2006, the company’s spokesperson said to UrBC representative. Ilya Cherepanov, member of the company’s Board, presented the annual report concerning the financial and managing activity of the plant in 2005. The company made 20.240bn RUR in sales profits, the net profit came to 644,867,000 RUR, according to Russian accounting standards. The meeting approved of the annual report as well as the accounting report, the P & L statement, and profit distribution. The
24 April 200611:22

Feeding unit № 7 of Troitsk State District Power Plant undergoes repair

Last week, the general contractor of Troitsk State District Power Plant began repairing the feeding unit № 7. The procedure includes overhaul of the turbine pertaining to the generating unit № 7, repairing the boiler and the smoke suckers as well as the other parts of the main and supplementary equipment. The specialists of the South Ural Assembling Administration are to renovate the 7B boiler using the VIR-technologies for the first time. The technology was designed by Polittechenergo of Saint Petersburg and consists in the rotational low-emission burning of coal in the boiler furnace, which
24 April 200611:20

Pervouralsk tube works to pass a dividend for 2005

The annual meeting held at Pervouralskiy Novotrubniy Zavod JSC, tube works of Pervouralsk and attended by shareholders holding the total of 91.85% of shares resulted in the decision to pass the dividends for 2005 and invest the money in the company’s strategic development; the top priorities of this development plan had been set up by the Board of Directors. The shareholders also agreed in the annual report, the accounting report, and the P & L statement for 2005. The company made 4.738bn RUR in sales profits; the net profit came to 1.984bn according to the Russian accounting standards.
24 April 200611:18

Visokogorskiy Ore Mining and Processing Enterprise introduces the labour protection and industrial safety program for 2006

Visokogorskiy Ore Mining and Processing Enterprise (part of Evraz Group) introduced the labour protection and industrial safety program for 2006. According to the company’s spokesperson, the program provides for overhaul of shower rooms and laundries of Yuzhanya mine, for overhaul of shipping department of Goroblagodatskiy mine, and for renovation of Magnetitovaya mine. Some improvements are to be seen in the field of drinking facilities, too: the extra dispensers and filters will be bought and installed in addition to the current 150. Canteens will be set up at Yestyuninskaya mine, and the