The Board of Zinc Works of Chelyabinsk JSC scheduled the general shareholder meeting for April 20, 2006. The points on the agenda include assessing the company’s financial success in 2005, the question of dividend payments, electing the Board members as well as the members of the inspection committee and the company’s auditors.

Niznetagilsky Metallurgichesky Kombinat JSC (NTMK, Metallurgical works of Nizhny Tagil), member of Evraz Group, has begun preparing its plants, workshops and hydroengineering units for the spring flood. According to NTMK PR-department, within March 2006 the company will clear all the railway ditches, melted snow water inlets and the branch lines leading to hydroengineering units. Operators of the company’s water intakes and the boiler shop staff involved in exploiting the company’s slime storage pond on the Tagil river flood-lands will be given special instructions. The company’s supply

The Works of Asha produced 491,418,000 worth of goods in February 2006, which is 94.3% against a year before, the company’s spokesperson said to UrBC representative. The company produced 35,992 tons of rolled metal (8.6% more than in February 2005), 4666 kilos of amorphous tape, and 103,402 magnetic conductors (73% of the produce of February 2005). The export of thick-sheet rolled metal comprised 11,083 tons (a decrease of 4.6% compared to February 2005).

Ufaleynickel JSC has repaired a direct current furnace in its hydro-metallurgical shop. The repairs implied an inspection of the furnace transducer and electric holder and replacement of a thyristor and of 2 safety fuses. In addition, a complete replacement of the furnace lining and its hearth-level electrode were accomplished. Finally, the company completed a thorough renewal of the furnace body and its roof rings and inspected the furnace cooler elements, stop valve and pipelines. The information was reported to UrBC representative by the company’s PR-department.

Sverdlovsk Public Networks JSC has been losing up to 100,000 RUR due to theft, reports the company’s spokesperson. This forced the company to make theft prevention their top development priority. As the energy specialists report, there have been many cases of stealing their electricity, for instance, in Kachkanar, the town that made the company lose most of all. The greatest charge has been imposed on the owners of a car service garage, that is, 79 245.16 RUR.

Magnesite Industrial Complex (part of Magnesite Group) produced 31,200 tons of refractory goods (an increase of 4.3% compared to a year earlier), 59,700 tons of commercial powders (an increase of 8% compared to February 2005) in February 2006. The sales record for refractory goods comprised 291,600,000 RUR (7.5% growth), the same indicator for powders made up 139,900,000 RUR (11.7% more than 12 months before). The Complex shipped .6% more (24,300 tons) of refractory goods and 24.9% more of powders (45,400 tons) in February 2006, the spokesperson for Magnesite Group said to UrBC representative.

The audit of arrears of wages for two or more months at the number of Chelyabinsk enterprises revealed that UralTerminalMash CJSC of Miass, AutoLeasing Ltd. of Chelyabinsk, Café in Café International Ltd. of Zlatoust and Sis Telecom Ltd. of Chelyabinsk did particularly badly (arrears of 2,201,000, 290,800, 335,000 and 180,500 RUR, respectively). According to the State Labour Inspection of Chelyabinsk Region, most of the payment violations fall under Clauses 136 and 140 of Russian Labour Code. Thus, Dominique Ltd. did not pay the full salary when firing a worker. The fired worker of Signal

Mayor of Chelyabinsk Mikhail Yurevitch met the management of Moscow Company Metro Cash and Carry. Their German partner Metro Croup is thinking of setting up a wholesale trade center in Chelyabinsk, so the company’s management appealed to the city Administration asking for an allotment of 5 hectares of land. The investments are predicted to come to 18 to 20 million euro. ‘The issue is currently under consideration; the meeting can be classed as successful and we gave our principal consent to this project. For the time being, we have to obtain some data specifying the particular patch in a

Trubnaya Metallurgicheskaya Kompaniya JSC has completed acquisition of 100% share holding of Sinara Handel GmbH authorized capital. According to the company’s PR-department, the acquisition was a part of the corporate business development strategy. Sinara Handel GmbH owns controlling stocks of two Romanian companies, namely, SC ARTROM SA (a tube-maker of Slatina) and SC C.S.R. SA (a metallurgical works of Resita). ARTROM SA specializes in production of seamless pipes for machine-building productions. Its maximal productive capacity is 110,000 tons of tubes. At the moment, the ARTROM SA is

Managing Director of Nizhniy Tagil Metallurgical Industrial Complex (part of Evraz Group, Sverdlovsk Region) Alexei Kushnarev has negotiated with the representatives of Fraunhofer Society for the advancement of applied research, reports the spokesperson for Evraz Group. The Society deals in developing the non-destructive ways of production control and design and installment of control instrumentation. The Complex has been cooperating with the Fraunhofer Society for a few years; thus, the German executives delivered the ultrasound control line capable of testing a wheel according to 13

On March 3, 2006, Deputy Head of State Environmental Inspection (Rosprirodnadzor) Oleg Mitvol ordered to look into the circumstances of Sverdlovsk Regional Department of Rosprirodnadzor entering into a contract with the administration of Park-House Trade Center in Yekaterinburg. Acting under the contract, Sverdlovsk Regional Department of Rosprirodnadzor estimated the total ecological damage caused by the building of the trade center at 10 million RUR. During the estimation, Rosprirodnadzor had found that the building of the trade center entailed some violations of environmental regulations.

N.A. Semikhatov Scientific Production Association of Yekaterinburg and V.P. Makeev design office of Miass, Chelyabinsk Region, have been negotiating on the order to redesign some ballistic missiles into carrier rockets. The latter are being asked for by the countries that are planning to use them for launching their satellites from the submarines. Yekaterinburg Company has been developing the special programs that allow re-programming of the rocket flying path, which reduces the cost of near-earth orbit launching, It appears to be more profitable than using the new format carriers and.

As the spokesperson for Magnesite Group said to UrBC representative, the Complex has been dealing in ferrous magnesia flux production, and the output has been increasing regularly (112,4 tons in 2002 turning to 6,000 tons in 2006). Since the grainy caustic magnesite and the magnesia flux are in greatest demand at the moment, the Complex is going to heavily invest in the reconstruction of the roller furnace that has been idle for eight years. The company’s grinding factory is its largest department with 600 employees that fully provides the technological shops with ground and fortified

S.M. Kirov Carriage Maker of Ust-Katav will deliver 5 71-619КТ trams to Irkutsk Region, Siberia. 2 trams are to go to Angarsk and 3 to Irkutsk. Besides, one tram was launched in Naberezhnyie Chelny in February, reports the company’s spokesperson.

Deputy GD and Chief Engineer Alexander Suslov will become the company’s provisional GD, reports Mayak Production Association. The decree to this effect was signed by General Director Vitaliy Sadovnikov and agreed on with the Head of Federal Atomic Energy Agency S. V. Kirienko today, reports the company’s spokesperson. On March 2, 2006, Leninskiy Court of Yekaterinburg approved of the Russian Federation Public Prosecutor’s Ural Division decree concerning the temporary removal of Mr Sadovnikov due to the legal action taken against him. The Court’s order was then sent to the Federal Atomic

On February 17, 2006, The Board of Russian Central Bank decided to start payments to the depositors of the bankrupt Granite Bank. The Bank of Russia will pay 2405 depositors within the period of March 6 to July 6, 2006. The total amount of payments is to come to 122.4 million RUR. ImpexBank won the competition to become the intermediary bank as it asked for the smallest commission payments and possesses the greatest number of subsidiaries and offices. The amount of money allotted to each depositor is determined by the whole sum the bank owns to them but the payment will not exceed 100,000 RUR

Metallurgical plant of Zlatoust will receive 184 million RUR worth of investments from ESTAR Ltd. in 2006, the plant’s GD Alexander Rybkin announced at the meeting with Chelyabinsk Region Minister of Industry Evgeniy Teftelev. The reconstruction project includes installation of new equipment, replacement and innovation of hoisting gears, environmental protection schemes. The acquisition of a bar wire mill is currently under consideration, and so is the offer made by Tanaka of Japan to deliver the mill with the capacity of 250 tons a year; it costs $ 28 million. The next stage is to improve

Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group) has almost completed upgrading its fifth cokery that had to be put out of operation in July 2005. According to the company’s spokesperson, they have already managed to do refractory masonry and started reinforcement. The builders now have to assemble the anchor columns needed to preserve the solidity of the structure and complete the technological rigging. This is predicted to take about one to two months and the final upgrading of the cokery is to take place in the second half of 2006. The improvements will allow the

Vremya Ltd., the building contractor of Park-House Trade Center, had to give 10 million RUR for ecological damage to Yekaterinburg Administration. The damage was caused by the company’s felling the trees in Osnovinsky park while building the trade center. Prior to the payment, the investigation performed by the State Environmental Inspection Rosprirodnadzor Deputy Head Oleg Mitvol had claimed to find that the building of Park-House and the related reconstruction of Osnovinsky park entailed serious violation of law. ‘The company’s building operations caused no law violations. As to the

Ufaleynickel JSC has recently accomplished a replacement of titanic air-ejection gas flue of reactors in its hydrometallurgical shop. According to the company’s PR-department, the first section of the gas flue was replaced in September 2005. The second section was to be replaced in April 2006, but, since the flue worked into the end of its operation life, the company has come up with the decision to start preparing its replacement before the due date. On February 15, 2006, the first hydro-compartment was shut down to start the preparations. The necessary rolled titanium was acquired before