01 February 200614:48

Metallurgical works of Nizhny Tagil defines the main objects of reconstruction for 2006

Nizhnetagilsky Metallurgichesky Kombinat (Metallurgical works of Nizhny Tagil) JSC,member of Evraz Group, has defined the main objects of reconstruction for 2006, reports PR-department of the company. So, the fifth coke furnace battery shut up in July 2005 will be set in operation by the company’s by-product coke productions division. The company also hopes to finish construction of the fifth blast-furnace complex for its blast-furnace production division. The steelmaking division will acquire a new circulation vacuum vessel to be used for outgassing of molten steel. The rolling production
01 February 200614:46

Plant of Magnitogorsk owes Chelyabisnk Region 900 million RUR

Magnitostroy JSC, a bankrupt plant of Magnitogorsk, has to set up the debt-paying scheme to be presented at the Chelyabinsk Region Ministry of Industry and Natural Resources by February 3, 2006. This was decided at the special meeting of Magnitogorsk town council chaired by Chelyabinsk Region Minister of Industry and Natural Resources Evgeniy Teftelev that took place last Friday. The representatives of the town council, members of local divisions of Russian Federation Pension Fund, officers of Federal Medical Insurance Fund and public prosecution bodies and the company management (acting GD
01 February 200614:44

Demand for Chinese Chery gradually goes up, claims Aspect Motors Ltd.

The plant owes Chelyabisnk Region about 900 million RUR at the moment, the floating debt being 154 million RUR (of which 3.2 million should be given to Medical Insurance); the pension assignments for 2002 also have to be paid. The company went bust in September 2005. Demand for Chinese Chery gradually goes up, claims Aspect Motors Ltd. ‘The demand for Chery, a Chinese car, has been going up gradually,’ says Sales Manager of Aspect Motors Ltd. Dmitriy Anufriev. ‘The brand has been increasingly gaining popularity since it became available in November 2005. We are expecting further improvements
31 January 200611:30

We’ll set up new units that will let us produce 800 megawatt within five years, says Managing Director of local generating company Leonid Chetverkin

‘We are going to introduce some new units that will allow us to produce 800 megawatt and, moreover, combine the production of thermal energy with electricity which will, in its turn, lead to a smaller prime cost,’ Leonid Chetverkin, Managing Director of the local subsidiary of TGK-9 JSC, generating company, announced at today’s press conference. According to Mr Chetverkin, TGK-9 is producing plenty of energy now. During the cold weather week, for example, the company had been producing 1,000 megawatt more than was actually needed for Sverdlovsk region, so 1,700 megawatt of extras was given to
31 January 200611:28

Carriage maker of Nizhniy Tagil launches a new 18-578 trolley

Uralvagonzavod Federal State Unitary Enterprise hosted a meeting initiated by the Carriage Department of Russian Railways Public Company. Representatives of Russian Railway Transport Research Institute, of various Russian carriage makers and of carriage services operating on Siberian and Far Eastern railroads were among the participants. The meeting concerned the launch of the new 18-578 trolley that had been designed in Ural Carriage Engineering Design Office and produced by Uralvagonzavod. 14,000 12-132-03 gondolas with this trolley type had been produced throughout 2004 and 2005. According
31 January 200611:26

Nefis Cosmetics JSC made to publish the court decision concerning trademark abuse

The decision of Tartar Republic Court of court of Appellate Jurisdiction concerning the liability of Nefis Cosmetics JSC to publish the court order prohibiting the production and selling of its Milenkaya Feya (Pretty Fairy) shampoo is going to come into effect this week, reports the spokesperson for Kalina Concern JSC. This court order is due to Kalina Concern JSC (the producer of Malenkaya Feya (Little Fairy), their registered trademark) making use of its own rights. The trademark legislation provides for the right of the producer to demand that the producer of infringing goods publish the
31 January 200611:24

Foreign banks are bound to increase their involvement, claims Deputy Chairman of the Bank of Russia and Director of Crediting Organizations Inspectorate Gennadiy Melikyan

‘Foreign banks are bound to increase their involvement in Russian banking business,’ Deputy Chairman of the Bank of Russia and Director of Crediting Organizations Inspectorate Gennadiy Melikyan announced at the press conference on Friday. ‘Yet their share is not too big at the moment, especially compared to Poland or Hungary with their 95% share of foreign banks. We’ve only got 11%. It has been on the increase lately, but I don’t think we can expect a dramatic upstart,’ Mr Melikyan said. ‘We can only create subsidiaries of foreign banks in Russia and not branches as such as it is not
31 January 200611:22

During cold weather the heating medium temperature at Chelyabinsk power plant is kept at about 115 degrees centigrade, says Chelyabinsk power supplier

While the weather remains cold, Chelyabinsk state district power plant works in a tensioned mode. The thermal load comes to 485 Gcal per hour whereas the installed thermal power amounts to 838 Gcal. 6 of 8 turbines and all the 4 water boilers are functioning at the moment. The heating medium temperature is kept at about 115 degrees centigrade. It could be increased to 150 degrees centigrade, if needed. The water boiler load comes to 60%. In view of the gas supply restrictions that touched Chelyabinskaya Generiruyushchaya Kompaniya energy supplier, Chelyabinsk state district power plant is
31 January 200611:18

Shareholders of Uralterminalmash CJSC to consider the company’s financial policy on February 28, 2006

Shareholders of Uralterminalmash CJSC, industrial company of Miass, Chelyabinsk Region, are to consider the company’s financial policy on February 28, 2006. The agenda of this extraordinary meeting includes the company’s economic policy. The shareholders are going to address the first board of creditors asking them to improve the company’s financial policy. The second item on the agenda concerns the early leave of the General Director Peter Pavlov and the new GD election process.
30 January 200612:30

Natural gas supplier of Chelyabinsk cuts down on supplies for metallurgical works by 25%

Chelyabinskregiongas Ltd., natural gas supplier, cut back on supplies for the boiler houses located in CHMK JSC, metallurgical industrial complex of Chelyabinsk, Sverdlovsk Region, the spokesperson for the town council reports. The temperature of the heat carriers in the area now comes to 105 degrees centigrade as opposed to the norm of 120 degrees. The complex is trying to use other kinds of fuel but it is apparently not enough to keep the temperature of the heat supply system the same as the temperature of the air. This could lead to a 5- to 7-degree decrease of temperature in the flats of
30 January 200612:26

Metallurgical complex of Nizhniy Tagil cuts back on natural gas consumption due to fuel overdraft

Evraz Group management decided to cut back on natural gas consumption by Metallurgical Industrial Complex of Nizhniy Tagil JSC since the complex has significantly exceeded its consumption limit within the last ten days, which was caused by the cold weather. The complex has been providing heat for 100,000 residents of Nizhniy Tagil. According to their spokesperson, coking plants and blast furnaces are now operated differently in order to increase the assist gas outlet. This helps to save on the natural gas but increases the prime cost of the produce. The complex is now saving all the energy
30 January 200612:22

Meat packing plant of Yekaterinburg to consider business cooperation with Ashan chain stores

‘We are inclined to do business with Ashan trading company and will consider their cooperation proposal, which, hopefully, will lead to a mutually beneficial partnership. Should a customer check out their hypermarket and fail to find our produce, he or she isn’t going to look for it elsewhere. That is why we’d better place our stuff in Ashan stores,’ Managing Director of Meat Packing Plant of Yekaterinburg JSC Sergei Vorobyev.
30 January 200612:20

Natural gas consumption limits exceeded by 74 million cubic meters throughout January 17 to 26, says supplier of Chelyabinsk

The daily consumption limit of 56.5 million cubic meters of natural gas allotted to Chelyabinsk Region has been exceeded by 74 million cubic meters throughout January 17 to 26, 2006, reports the spokesperson for Chelyabinskregiongas Ltd., natural gas supplier. During these ten days, the regional enterprises were supposed to have given 130 million cubic meters of gas to dwellings, socially important buildings and communal services, according to the Plan # 1 scheme. Despite these schemes, the management of local businesses (Metallurgical Industrial Complex of Magnitogorsk, Metallurgical Works
30 January 200612:16

The new unified tax on imputed income coefficient leads to $50 increase in price of billboard side, says Gallery Service Ltd.

‘The new unified tax on imputed income of individual entrepreneurs coefficient has lead to a $50 increase in price of a 3 by 6 meters billboard side’, the spokesperson for Gallery Service Ltd. said to UrBC representative. ‘The amount of open-air advertising hasn’t changed dramatically in 2006, not even after the federal Regulation of State Standards made it obligatory to place the billboards at a certain distance from the roads and flanks. The billboards keep being placed everywhere in the city, so the Regulation was not trend-setting,’ the spokesperson said.