Ural Turbine Works CJSC (part of Renova Group) is going to apply for a tender for the supply of three rendering natural-pressure turbines to India. The company presented its goods to two Indian metallurgical companies, TАТА Steel Ltd and BHILAI Steel, in March 2006. During the meeting on the premises of TАТА Steel Ltd where two blast furnaces are in need of reconstruction the possible cooperation was discussed, and then the guests visited the production area. Talks were held with BHILAI Steel as well. What is more, the specifications of the turbines were presented to BOKARO Steel (this was

‘Particulars of claim laid by Federal Antimonopoly Service Administration in Chelyabinsk Region and Aeroflot JSC against Chelyabinsk Airport JSC have been transferred to Supreme Court of Arbitration,’ says the representative of Aeroflot – Russian Airlines JSC in Chelyabinsk Yuriy Kirgizov. The claim concerns the morning slots the defendant refuses to give the plaintiff. This case has been on for over two years. In February 2006, the regional Court of Arbitration once again dismissed the plaintiffs’ claim.

Chelyabinsk Region Ministry of Industry and Natural Resources announced the results of the competition for the right to use the subsoil resources of Pugachev marble deposit (Miass area) for production of facing stone. Delest Ltd. won the competition and now can use the subsoil resources for 25 years.

In March 2006, Ashinsky Metallurgichesky Zavod JSC (Metallurgical Works of Asha) produced 567,418,000 RUR worth of goods. This fact was reported to UrBC representative by the company’s PR-department. Within the last month, the company produced 57,733 tons of steel, 41,321 tons of rolled metal, 5,365 tons of amorphous tape and 118,240 magnetic conductors. The company also produced 35,295,700 RUR worth of consumer goods.

In March 2006, BN-600 power-generating unit of Beloyarsky nuclear power plant functioned in the rated power mode. The electricity production plans for March, 2006 are fulfilled. Since March 24, BN-600 was shut down for refueling and scheduled equipment inspection. It is expected to remain non-operated until May 21, 2006. Beloyarsky nuclear power plant Information Center reported that within March 2006, no violations of safety operation conditions and margins did occur. Rare gas activity breakthrough in March comprised .24% of the upper limit. The radiation level in the town of Zarechniy and

The tractor shop of Vanadium ore mining an processing enterprise received two BelAZ dump-body trucks with the capacity of 55 tons each, reports the spokesperson for Evraz Group. The new trucks are provided with a centralized lubrication system and electronic scales that prevent it from being overloaded. This is especially important in terms of maintenance and long-term service. The trucks are assembled by the employees from the tractor shop. They will be put into operation in April in presence of the producer. The shop’s truck park now amounts to 13 operating large-capacity trucks.

Shadrinsk Food Enterprise Ltd. has been put up to auction because of its being non-core to the holding’s activity, says the representative of the proprietor Alesnader Ivanov. The company is a private enterprise, and the opening bid is $3.1m; the area of the firm site is 3.1 hectares, Mr Ivanov says.

The auction aimed at the sale of 25.5% of Goginskaya corn reserve shares was declared invalid in view of the absence of applications, reports Chelyabinsk subsidiary of Russian Federal Property Fund. The total amount of shares was 4397 with face value of 1 RUR per share. The opening bid was 10.9m RUR. The price floor was 5.45m RUR.

In 2005, the investments of Yuzhnouralskiy Armaturno-Izolyatorniy Zavod JSC (South Ural Reinforcing Insulator Works) into production base and launch of new goods amounted to 16.4m RUR. Over 6m were saved up due to the more effective production and purchases policy; the social expenses came to 8.672m. The company paid 115.3m in taxes, and profits reached the point of 609.850 RUR (1.6% better than a year earlier). The shipments for Russia went up by 34%, foreign export increased by over 10%. In 2006, the company is going to raise profits by 35% and invest over 100m RUR into the company’s

Ariant Agricultural Enterprise sold its 14.73% share holding to Chelyabinsk Electrometallurgical Industrial Complex on March 31, 2006, reports the official announcement.

VSMPO-Avisma Corporation JSC has gone through the tax inspection that had been on from November 21, 2005 to March 17, 2006. The tax inspectorate specialists had been examining the company’s activity for the period of January 1, 2003 to December 31, 2004. ‘To make the examination possible, we had to produce the P % L tax registers as well as all the other accounting documents. Our book-keeping, the profits tax, VAT, the single social tax, property tax payments, transport tax, water use tax, imputed earnings tax, local taxes, the sales tax (cancelled on January 1, 2004), tax on profits coming

Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group) introduces the new system of information management of technical servicing and equipment maintenance. According to their spokesperson, the system provides for the coordinated functioning of all corresponding services; it’ll have on file all the data concerning the equipment repairs, its quality, the work of storage facilities, and budget design. Having everything in a single database will ensure production of the planned amount of high quality goods with increasingly fewer expenses. This program is based on the current

Mountain-skiing centers of Sverdlovsk Region are about to usher out the season for 2005/2006. ‘The mountain-skiing complex of Gora Yezhovaya is down since April 1, 2006. The weather conditions hinder us from further activity, and getting by with artificial snow is not advantageous. What is more, the demand for our services has gone down to nearly a zero,’ Deputy Director of Gora Yezhovaya complex Alexei Khvostov said to UrBC representative. Meanwhile, Yezhovaya is summing up its success in the last skiing season. ‘Any definite conclusion concerning profitability of the season would be

On April 2, 2006, a hunter of Sukholozhsky wildlife service mortally wounded Mr Ryabtsev, Director of Sukholozhcktsement JSC (cement works of Sukhoy Log). The incident occurred because of the hunter’s casual handling of fire-arms. The Public Prosecutor of Sukhoy Log charged the offender with Reckless Homicide (Article (Part 1) of the Russian Criminal Code). ‘By now, we have established that at 4.30 p.m. on April 2, 2006, 8 kilometers away from Kuryi village, the suspect, being in a state of intoxication, mortally wounded the victim by a casual shot from his state-registered 7.62-mm caliber

ChelyabEnergo JSC is getting ready for the upcoming flood and thunderstorms, the company’s spokesperson said to UrBC representative. The company’s employees are examing the equipment, particularly transmission facilities and substations; the supports are being further fortified, new emergency power supply schemes have already been developed. The emergency and repairs staff are given additional training, and the 24-hour emergency service has been made available. The company ahs also issued the decree stating all the regulations for the troublesome period to ensure more safety. The company has

In 2006, EuroCement will invest over 70m RUR into its Katav Cement Works (2 more million RUR than in 2005). This should allow the works to increase their output up to 1.25m tons in 2006 and 1.4m in 2007, the spokesperson for EuroCement said to UrBC representative.

Chelyabinskoblgas JSC is going to hold the annual meeting of shareholders on April 26, 2006. The points on the agenda include confirmation of the company’s financial activity in 2005, P & L distribution as well as allotment of dividends. The shareholders will also have to elect the Board members and the inspection committee as well as the Auditor.

MMK JSC, metallurgical industrial complex of Magnitogorsk, grouped with Al-Tuwairqi and Arif Habib Group to take part in an auction and buy 75% share holding of Pakistan Steel Mills Corporation that is currently being privatized by the Pakistani Government. The auction was held in Islamabad, Pakistan, on AMrch 31, 2006. The second participant was the consortium headed by Noor Financial Investment Company. According to the spokesperson for MMK, their consortium’s bid was the highest ($ 361.8m), so now the Government of Pakistan is to send them a letter of acceptance within 30 days. MMK’s

South Ural Bank of Social Development Reserve JSC decided not to give out the dividends for 2005 in the course of the annual meeting on March 24, 2006. The participating shareholders were the ones having a total of 6,841,199 of voting shares that constitute 97.73% of the total amount needed for a quorum. The shareholders were presented with the report of the Chairman summing up the company’s success in 2005; they had to confirm the annual report and the annual bookkeeper's record, including the P & L statement for 2005. The company’s net profit, for instance, came to 996,053.49 RUR

Stankomash JSC is to hold a general shareholder meeting on April 27, 2006. The points on the agenda include confirmation of the annual bookkeeper's record, profit distribution, dividends, and amendments to the company’s Charter. The shareholders will also have to elect the Board members and the inspection committee as well as the Auditor.