03 February 200610:50

Tyre maker of Yekaterinburg assesses its success in 2005

Sibur-Russian Tyres holding (set up as part of Sibur Holding JSC on January 1, 2006) summed up its achievements in 2005. Uralshina Ltd., Yekaterinburg-placed holding member, produced 2,031,000 tyres of all kinds, including car tyres. According to the company’s spokesperson, there were 1,065,000 car tyres, 286,000 truck tires, and 73,000 agricultural tyres produced altogether. The plant also started the Increasing Tyre Output within Plant Specialization investment project in 2005. 55,000,000 RUR of investments were used in 2005. The projected total amount of investments comes to 292,600,000
03 February 200610:48

Electricity supplier of Chelyabinsk sets up Bankrupt Business Cooperation Project

Chelyabenergosbyt JSC, electricity supplier, set up the Bankrupt Business Cooperation Project aimed at coordinating all the services dealing with electricity consumers as well as at preventing the long-terms arrears. The local bankrupt or nearly bankrupt companies owe Chelyabenergosbyt JSC 32 million RUR. Ninety more debtors were added to the list in 2005 alone, and the company’s losses occasioned by the bankruptcies were five times as big in 2005 as they were in 2004. The major debtor happens to be the hardware plant of Minyar that owes the company 16.7 million RUR. To make matters worse,
03 February 200610:46

Insulator producer of Yuzhno-Uralsk plans to deliver its production to Spanish and Brazilian markets

Yuzhno-Uralsky armaturno-izolyatorny zavod JSC (Yuzhno-Uralsk producer of reinforcement and insulators, YuAIZ) was visited by specialists of a representative company in mid-January. This company is going to present the production of YuAIZ on the Spanish market. Among the other guests were the representatives of Spanish certification center that is going to test customizability of YuAIZ insulators for Spanish power engineers. The visit was preceded by YuAIZ Technical Director Vladimir Golovin visiting Spain. Mr Golovin contacted various companies engaged in transmission facilities building in
03 February 200610:44

Beloyarskaya nuclear power plant sums up its achievements for January 2006

According to the company’s spokesperson, BN-600 power-generating unit of Beloyarskaya nuclear power plant produced the rated output in January 2006. The electricity-generation schedule was complied with. There weren’t any limit or safety violations of any kind, and the rare gas activity breakthrough in January comprised 0.17% of the upper limit. The radiation level in the town of Zarechniy and the power plant site was not any bigger than usual and fluctuated between 5.5 and 5 microroentgen per hour, which is believed to be typical of Russia. The corresponding figures for Beloyarskoye
03 February 200610:42

Ural Federal District Court of Arbitration declined the suit of Chelyabinsk Region Federal Antimonopoly Service and Aeroflot Airlines against Chelyabinsk airport owner

Ural Federal District Court of Arbitration declined the suit of Chelyabinsk Region Federal Antimonopoly Service and Aeroflot Airlines against Chelyabinskoye Aviapredpriyatiye JSC, Chelyabinsk airport owner, acting Director of Chelyabinsk Region Federal Antimonopoly Service Anna Koslova said to UrBC representative. ‘Our next step is presenting the suit at the Russian Federation Supreme Court of Arbitration,’ Ms Koslova said. The airport owner was sued after it had been decided at the meeting of Chelyabinsk Region Federal Antimonopoly Service Management Committee to classify the company’s
02 February 200609:00

Natural gas supplier of Chelyabinsk sums up its achievements in 2005

Chelyabisnkgorgas JSC, natural gas supplier, sold 131 tons of bottled condensed gas at cut and controlled prices in 2005. According to the company’s spokesperson, Governor of Chelyabinsk Region declared that people living in private houses without a gas network connection could buy bottled condensed gas at a reduced price. This price was 198 RUR per cylinder in the end of 2005, which was 52 RUR less expensive than the market price. Besides, over 1,500 residents who enjoy the right to buying privileges used this right to buy gas at half-price or even get it free of charge. This year
02 February 200608:58

Tagilvodka JSC general meeting decides to raise authorized capital to 51,072,000 RUR

The extraordinary general meeting of Tagilvodka JSC shareholders was adjourned with the decision to use the company’s undisposed profits left over from the previous years (22,066,019 RUR) to raise their authorized capital. The capital is expected to reach the point of 51,072,000 RUR through the additional measure of increasing the face value of the company’s shares, which will give them 28,980,444.99 RUR of money to add up to the authorized capital. It is now possible to convert 1 uncertificated registered common share with a par value of 1 RUR to 1 uncertificated registered common share with
02 February 200608:56

Nickel producer of Ufaley starts experimental-industrial processing of nickel carbonate

Central factory laboratory workers of Ufaleinickel JSC (nickel producer of Ufaley, Chelyabinsk Region) began experimental-industrial processing of nickel carbonate. Central factory laboratory engineers designed and tested in vitro a flowsheet of processing nickel carbonate yielding certain amounts of nickel salts, reports PR-department of the company to UrBC representative. Some positive results were achieved. After considering these results, a special meeting of the company’s management came up with the decision to perform a full-scale experimental-industrial checkout in the
02 February 200608:54

Former owner of Pyaterochka chain stores in Yekaterinburg Vladimir Dmitriev disputes the technicalities of transaction with Pyaterochka Holding

Vladimir Dmitriev, former owner of Pyaterochka chain stores in Yekaterinburg which were bought by Pyaterochka Holding in the summer of 2005, disputes the technicalities of the transaction, says Pyaterochka press secretary. The claim is based on the ‘papers that were faultily processed at the local tax inspectorate.’ The plaintiff and his family members had laid the total of five claims but only one of them was complied with by the court. Pyaterochka is planning to appeal in April. It is specifically emphasized that the plaintiff’s demands are not aimed at the denunciation of the agreement,
02 February 200608:52

Andrey Parhomchuk appointed Vice Sales and Purchase President of Chelyabinsk metallurgical enterprise

Andrey Parhomchuk has been appointed Vice Sales and Purchase President of Mechel JSC, metallurgical enterprise of Chelyabinsk. His new responsibilities consist in developing the home and foreign markets for the goods produced at the mining and metallurgical enterprises belonging to Mechel JSC as well as to improve sales. Mr Parhomchuk had been Director of Metal Production Sales Department (part of Sales and Purchase Department) throughout June 2004 to January 2006. Mr Parhomchuk is also a former director of the company’s subsidiary in Beloretsk and Deputy Sales GD of Mechel firm and thus
02 February 200608:50

Generating company OGK-3 to be fully structured within two months

The structuring of OGK-3 JSC in the capacity of a large operational company and a single legal entity will have been completed within two months, Member of RAO UES Board and OGK-3 Chairman Alexander Krikunov announced at the general shareholder meeting on January 31, 2006. Thus, the company will have become the full assignee in what concerns all kinds of rights and responsibilities as well as debtors and debtees of Yuzhouralskaya, Kostromskaya, Pechorskaya, Cherepetskaya, Kharanorskaya, and Gusinooserskaya State District Power Plants. The meeting was adjourned with the decision to register
02 February 200608:48

We had no difficulty getting Austrian visas, claims Sputnik travel agency

According to the spokesperson for Sputnik travel agency, the number of tourists traveling to Austria on holidays seems to be decreasing. Tourism Director Marina Bondar says that there was a dramatic increase in people willing to fly to Austria during the winter holiday season, and these tourists did not come across any visa problems. ‘We had no difficulty getting Austrian visas,’ Ms Bondar said. It has already become known, however, that Austria introduced stricter visa requirements in mid-January, and Russian tour operators now have to produce the originals of their Austrian colleagues’
01 February 200615:00

Heating tariffs set by local generating company for 2006

Sverdlovsk Region consumers will have to pay 337 099 RUR per 1,000 gigacalories in 2006, which is 11.2% more than before, Director of Sverdlovsk Region Energy Committee Nikolay Podkopai announced at today’s press conference. According to Mr Podkopai, the general tariffs for all kinds of budgetary consumers came to 378 487 RUR per 1,000 gigacalories, which means an increase of 13.4%; the tariffs for housing companies came to 322 681 RUR (an increase of 12.2% compared to 2005), the tariffs for agricultural commodity producers reached the point of 408 215 RUR (an increase of 13.1%), the tariffs
01 February 200614:58

Introduction of Fiat dealer center in Chelyabinsk postponed for two months, says SeverstalAuto JSC

‘The introducition of Fiat dealer center in Chelyabinsk has been postponed by a minimum of two months,’ Galina Semusheva, PR Manager of SeverstalAuto JSC, said to UrBC representative. It is reported via the corporate website that SeverstalAuto JSC is hoping to sell at least 2000 Fiat cars in Russia throughout this year. The most probable flagship products are Fiat Grande Punto, Fiat Albea and Fiat Doblo. A special new dealer network is going to be set up to ensure the successful selling of cars; the network will supposedly have comprised 20 retail and service outlets by the end of 2006, 15
01 February 200614:56

Iva CJSC to invest in auto mall located on Yekateriburg-Koltsovo Airport highway

Governor of Sverdlovsk Region Eduard Rossel met representatives of Iva CJSC and Ural Motorists Association today. The meeting had to do with the projected construction of an auto mall to be located on Yekateriburg-Koltsovo Airport highway. The mall is to host about 30 motor shows, car repairs, hotels, test-drive tracks and a customs terminal. The mall will come to something between $ 100 and $150 million, to be completed by Iva CJSC within three years’ time.
01 February 200614:54

Total sales of LADA and Chery comes to 3,000 in 2005, reports Lada-BEST Ltd.

‘The total sales of LADA and Chery brands comprised 3,000 cars in 2005,’ Natalia Voronina, Marketing Director of Lada-BEST Ltd., said to UrBC representative. ‘Given that we only started to deal in Chinese cars in November 2005, and the fierce competition among both Russian and foreign cars, this is a good record. We are expecting to increase our sales by 20% in 2006 and therefore reach the annual figure of 3,600 cars,’ Ms Voronina said.
01 February 200614:52

Sverdlovsk Region supplier meeting to be held in February, says Auchan Trading Company

‘We’ve sent out letters to local producers offering to set up business partnerships, and we’re going to meet suppliers in February in order to set our shared goals and Auchan’s expectations,’ General Director of Auchan Trading Company’s Assistant Olga Chuvirova said to UrBC representative. ‘The company is thinking of introducing some more hypermarkets in Sverdlovsk Region,’ Ms Chuvirova noted.