Over the last five years, the amount of investments in the company’s fixed capital has gone down from 449m RUR in 2001 to 26m in 2005, reports Sverdlovskstat, the statistical agency. Over 84% of equipment is over 20 years old, 24% being between 30 and 40 years old and 27% being over 40 years old.

Kalina Concern JSC held the annual stockholders meeting. The stockholders approved the company’s annual report, balance sheet, profit and loss accounts for 2005, and the audit report. The meeting also approved of the declaration of equity dividends for the second half of the year 2005 (12.30 RUR per equity). The dividends are to be paid within 30 days of their declaration at the meeting. The meeting elected the company’s Board of Directors consisting of Mikhail Vasilyev, Head of NCH Advisors, Inc. representative office in St. Petersburg, Nikolai Geller, Development Director of Kalina Concern

Board of Directors of Uralsky Zavod Asbestovykh Tekhnicheskikh Izdeliy JSC came up with the decision to hold stockholders meeting on May 25, 2006. The agenda includes confirmation of the company’s annual report, accounting statements, including the company’s P & L account for 2005, and declaration of dividends. The meeting is to elect Board of Directors, inspection committee, and the auditor of association. The meeting will also file amendments to the articles of the company, the Board of Directors provision, the General Director of Uralsky Zavod Asbestovykh Tekhnicheskikh Izdeliy JSC

Svyaznoy, a mobile phone chain, has set up 98 outlets in the Urals, of which 22 have been set up in Yekaterinburg, by April 1, 2006. GSM sales records in the Urals grew 3.6 times bigger than a year earlier; the corresponding figure for Yekaterinburg is twice that of last year. ‘The increase in sales is largely due to the chain intensive regional development (we only had outlets in 7 Russian cities in 2005, now we’re present in 18 cities) plus the active marketing strategies,’ the company’s spokesperson says. It has been reported that SonyEricsson K300i, SonyEricsson K750i, Siemens A70,

The general meeting on April 7 was adjourned with bank shareholders deciding not to distribute profits for 2005 coming from equities. Profits will, however, be distributed where preference shares are concerned, and the interest rate is to come to 25% of the Bank of Russia’s official discount rate, namely, .3 RUR per share. The total amount of payments is to come to 240,000 RUR.

Rosprirodnadzor Administration carried out a surprise inspection of Reftinskaya battery farm following the enquiry of local environmental authority. According to Administration spokesperson, the investigation revealed that the company had put up some buildings in the water protection zone of Reftinskiy reservoir without any consent of the respective bodies. Thus, Rosprirodnadzor Administration charged the company with Clause 8.4 (Part 1) of Administrative Infraction Code and imposed the fine of 50,000 RUR. The violation has to be somehow mended as well.

‘Ural Airlines are wrapping up the charter flights from Roshino Airport of Tyumen. They have only applied for flights until mid-May and were not planning to do them in summer,’ said General Director of Roshino Airport JSC Vladimir Polyakov. ‘The airport is being used by other carriers, for example, Utair and KagalymAvia perform charter flights to Turkey, and these flights are fully filled,’ Mr Polyakov said.

Chelyabinsk subsidiary of Russian Federal Property Fund announced the results of the auction aimed at selling the share holding of Magnitogorskiy Kranoviy Zavod JSC. 1,821 shares (14.1% of the company’s authorized capital) had been put up to auction; TyazhmashComplex Ltd. outbid its rivals by offering 10.122m RUR (the opening bid was 9.640m RUR).

Chelyabinsk is going to hold the Ural Industry and Economics Week from the 11th to the 14th of April with emphasis on metallurgy, (metallurgical) machine building, metal processing, welding, tools, and industrial ecology. Magnesite Group is to present its stand in the Ferrous Metallurgy section of the exhibition. A meeting with Chairman Vladimir Dunaev is scheduled, too. The company executives will be present to promote cooperation, information gathering and help. They are to give updates on the production potential and supplies of hi-tech refractory goods as well as on the set of engineering

Chelindbank is going to hold a general meeting on May 26, 2006. The points on the agenda include confirmation of the annual report, balance sheet, profit and loss accounts for 2005, and P & L distribution, including distribution of profits for 2005, and electing the inspection committee. The shareholders will also be presented with a report on the growth of the company’s authorized capital via allotment of extra shares.

Board of Directors of Sukholozhsky Zavod VtorichnykhTsvetnykh Metallov JSC (Sukholozhsky shop of secondary non-ferrous metals) has decided to hold annual stockholders meeting on May 19, 2006. The meeting agenda contains confirmation of the company’s annual report and accounting statements for 2005, including P& L report and the question of distribution of profits and losses according to the results of the fiscal year. The meeting will also announce dividend rates, elect members of Returning Board, the company’s Board of Directors and the inspection commission. There will also be approved

Anna Zhilinskaya is appointed CEO of Yuzhnouralsky Armaturno-Izolyatorny Zavod JSC (Reinforcement and insulators producer of Yuzhnouralsk), the company’s PR-department reports. The former CEO, Danil Platonov, is taken on to the top-management crew of Vysokovoltny Zavod which is a member of YuNAKO holding as well as Yuzhnouralsk plant. Anna Zhilinskaya graduated from the Academy of Labour and Social Relations. Since 1996, she has successively worked at Yuzhnouralsky Armaturno-Izolyatorny Zavod as accountant, Deputy Head and Head of Economic Planning Department, Deputy Head and Head of a

Chelyabinsk subsidiary of Russian Federal Property Fund announced the results of the auction organized with the aim of selling the shares of Chelyabinskiy Kladokombinat # 1 JSC (dealing in frozen stuffs). 28,698 shares had been put up to auction (51% of the company’s authorized capital). The highest bid was offered by sole trader Mr V. Kireev who bid 68.7m RUR (the opening bid was 31.2m RUR).

Assets of Snezhinskiy JSC came to 3,682,035,000 RUR in April 2006. The fluctuations for the first three months of the year comprised 13.76% (+445,477,000 RUR). At the beginning of the year, the figures were 3,236,558,000 RUR.

Throughout January to March, the company stored and processed 110,000 tons of ferrous scrap metal (an increase of 83% against 2005), the company’s spokesperson said to UrBC representative. Eight new storing and processing facilities were introduced in Kurgan, Chelyabinsk, and Sverdlovsk Regions as well as in Tatarstan. The total capacity of these facilities is 105,000 tons. Samaravtormet, Samara Region’s largest scrap metal processor, joined the enterprise in the beginning of the year, raising the total capacity of CHTPZ-Meta CJSC to 645,000 tons. The corporate strategic development program

Chelyabinsk subsidiary of Russian Federal Property Fund announced the results of the auction aimed at selling the share holding of Magnitogorskiy Klebokombinat JSC. 7,697 shares (51% of the company’s authorized capital) could be bought. Prazdnik Vkusa Ltd. outbid its rivals by offering 9m RUR.

N.A. Semikhatov Scientific Production Association of Yekaterinburg has recently presented the new Priborostroyeniye technological park project, including the structure and would-be participants. The Association would offer 8,000 square meters for rent as the company is interested in the best possible use of its spacial facilities, says Chief Engineer Viktor Ionov. The prospective clients include VIP CJSC (producing microelectronic sensors, strain converters, and pressure meters), Technosvyaz CJSC (producing circuit boards), and Crate CJSC (producing heat and electricity meters).

Chelyabinsk bakery foods complex # 1 is going to hold the annual meeting on April 27, 2006. The points on the agenda include confirmation of the company’s financial activity in 2005, P & L distribution, electing the Board members and the inspection committee as well as the company’s auditor. The shareholders will also have to approve of the amendments to the company’s Charter.

Nizhetagilsky Metallurgichesky Kombinat JSC (NTMK, Metallurgical Industrial Complex of Nizhny Tagil), member of Evraz Group, is completing construction of blast furnace No. 5. According to the company’s PR-department, the furnace is to be set into operation before the end of the year. The rebuilt blast furnace No. 5 will produce about 1.7m tons of cast iron annually. At the moment, the furnace construction is at the stage of mounting air-blowing filters (70% of operations completed). The filters are 1.5 times more powerful than those mounted at the blast-furnace No. 6 that complies with

According to Territorial Office of Rospotrebnadzor (Russian State Consumer Rights Surveillance Agency), only 625 of 993 businesses located in Yekaterinburg arranged any medical checkups for their personnel during 2005. Only 64.2% of Yekaterinburg employees liable to medical checkups within 2005 really underwent them. In the course of medical checkups, 74 employees were found suffering from diseases caused by their professional activities. The worst professional medical surveillance situation was recorded at Zheleznodorozhny and Chkalovsky Districts of Yekaterinburg, where systematic medical