BN-600 power unit was put into operation at Beloyarsky nuclear power plant. (BN-600 was shut down for refueling and scheduled equipment inspection on September 19.) The first out of three turbo generators was launched on October 5, 2006. At 8 PM on October 7, it was brought to function in the rated power mode of 600 megawatt, reports the spokesperson for the plant.

The first court sitting concerning Mayak Corporation Real Estate Management Ltd. took place on October 5, 2006. The members of Yekaterinburg Municipal Council Consumers’ Rights Committee attended the sitting as well as the parties. According to their report, the Court of Ordzhonikidzevskiy District of Yekaterinburg considered the case of the plaintiff, who had signed an apartment construction agreement with the company, on September 12. Mayak Corporation Real Estate Management Ltd. had promised to build, to have and to hold the plaintiff a two-room apartment on the 16th floor of a block

On October 9, 2006, an underground pit was set into operation at Malyshevskoye emerald-beryllium depository. The depository had been under development until March 1994 but then the work was only resumed in 1997, when Zelen Kamen CJSC was set up to develop the field further. The company got a license allowing it to use these subsoil resources in February 1999. In 2004, a new investor, Tsar Emerald Corporation of Canada, joined the project. It invested 17m RUR into the field in 2004 and 77.9m in 2005. During the nine months of 2006, the investments came to 105.2m RUR including 53.7m RUR spent

In September 2006, BN-600 power-generating unit of Beloyarsky nuclear power plant functioned in the rated power mode. Starting September 19, BN-600 was shut down for refueling and scheduled equipment inspection. It is expected to remain non-operating until October 9, 2006. No violations of safety operation conditions or margins occurred. The rare gas activity breakthrough comprised .01% of the upper limit. The radiation level in the town of Zarechniy and the power plant site was adequate to the normal operation mode of the nuclear plant and remained at the level of natural background activity

ChelyabinskGorGas is going to hold an extraordinary general meeting on October 26, 2006. The points on the agenda include approval of a number of interconnected transactions beneficial for the company and the enterprise providing some guarantee of meeting the liabilities of GAZEX Finance Ltd. The liabilities amount to the total face value of 1m GAZEX inconvertible certificated interest-bearing bonds to bearer (series 01), with face value of 1,000 RUR each, to be paid off on the 1456th day within the bond issue. Thus, the total amount comes to 1bn RUR.

On October 7, 2006, IKEA furniture store was opened in Yekaterinburg. The grand opening ceremony was attended, among others, by the store top-management, the city administration and the mass media representatives. The free buses hired by the company to deliver the visitors to the store were overcrowded and yet unable to transport all the people willing to attend the opening ceremony. As the store is located by the Moskovsky highway, the cars of the people driving to the store caused a huge traffic jam there. According to the customers’ reports, the premises were overcrowded as well, which

On October 4, 2006, the Board of Directors of GT-TETs Energo JSC fixed the interest rate for the fourth coupon of the company’s bonds (03 series) at the level of 10.45% per annum. The bonds of 03 series were offered on April 22, 2005 at MICEX Currency Exchange. The volume of the issue amounted to 1.5bn RUR. The bond maturity date, as well as the date of the last coupon payment, is April 18, 2008. Besides, on September 6, 2006 3-year bonds of GT-TETs Energo JSC (04 series) were placed without an offer at MICEX Currency Exchange. The volume of the issue came to 2bn RUR and the coupon interest

Within 1.5 years that passed from the start of TGK-9 JSC operations, the company lawyers showed a high level of performance in recovering the past-due accounts receivable, the company’s PR-department reports. The lawyers registered 111 claims against defaulters worth 341,301,364.49 RUR altogether. 76 of the claims worth 203,078,223.46 RUR were secured, the total sum of money already collected in pursuance of the secured claims came to 9,353,675.25 RUR.

Ore mining and processing enterprise of Kachkanar (Vanadium JSC, part of Evraz Group) has started installation of new equipment within the framework of ore pretreatment technology modernization process. The company’s processing plant received equipment systems for secondary and fine crushing sections manufactured by Sandvik, four fine screen-sizing units made by Derrick, high-pressure separator for dry magnetic separation and hydrocyclone unit by Cavex-Warman. The installation of the new equipment began on September 29, 2006. Balancing and commissioning of the equipment will be carried out in

On October 9, 2006, an underground pit was set into operation at Malyshevskoye emerald-beryllium depository. Total investments into the projects amounted to 17m RUR, including 77.9m RUR invested within 2005. During the nine months of 2006, the investments came to 105.2m RUR including 53.7m RUR spent on the pit reconstruction. This was reported by PR-department of Ministry of Industry, Power Engineering and Science.

Tube Metallurgical Company JSC has summed up its success in 9 months of 2006. Throughout January to September 2006, the company enterprises shipped 2,229,000 tons of tubular goods. Steel production output amounted to 1,633,000 tons, the billet shipments came to 421,000 tons. This was reported by the company’s PR-department.

PROFSTAL Industry Group JSC has acquired an 83.5% share holding of Chelyabinsk Shaped Steel Apron Works. These shares include an 81.1% share holding that PROFSTAL bought from the Chairman of the Board of Directors Igor Svezhentsev. The share holding was acquired on October 5, 2006.

Within 9 months of the year, Chelyabinsk Coal Company JSC reduced coal shipments to consumers by 13.1% against the same figures for the previous year. Throughout January to September, the company shipped 677,200 tons of coal to Chelyabinsk Generating Company JSC (221.1% of the previous year figures), 1,297,300 tons to Yuzhnouralsk State District Power Plant JSC (68.2% of the previous year figures), and 5,200 tons to ChelyabObTopProm JSC (4% of the previous year figures). 62,400 tons of coal (263.3% of the previous year figures) were shipped to other consumers. This was reported to UrBC

The drying facility of Mundybashskiy subsidiary of Evrazruda (ore maker and part of Evraz Group) has recently been repaired in order to make sure everything is going to function smoothly in winter. This included repairing the concentrate sorting belts and parts of the drying drums and checkups of electric drives, reductors, smoke suckers, and gas-cleaning systems of fireboxes. Everything was completed by the company’s employees. This week, the technicians have looked at the was the drums operate in a non-load mode and tested the alignment of the smoke sucker drives. The drying facility is

Federal Antimonopoly Service in Sverdlovsk Region found violations in advertising of 21st century Tobacco. The company’s billboards were located within less than is legal of a children’s hospital and a secondary school. The suit against Saturn EK, the company that was distributing the advertisements of the tobacco producer, was put off since the defendant was represented by someone without the procuration needed for the case.

‘The breakdown at the main station of the works occurred at 2.30 AM on October 4, 2006; it was caused by tube-rolling shop # 8 catching fire and damaging the equipment of the station that provides power and electricity for the works. The fire was only put out at 5.45 AM, which resulted in the better part of the departments left without electricity. The supply was partly restored by the beginning of the working day, and all the departments got back on track by 4 PM, except for shop # 8 (it will have to be given overhaul),’ the company’s spokesperson Janna Olkhovikova said to UrBC

A filling facility is being put up at Tashtagolskiy subsidiary of Evrazruda; this is part of the long-term development program of Evraz Group. Once the construction has been completed, the facility will make it possible to start dealing with the iron ore currently inaccessible as it is located under the production site of the mine and the River Kondoma. The workers have already fortified the foundation on the main building of the facility in compliance with the seismic resistance requirements and are now assembling the frame of the building meant for two ball crushers; these ball crushers

TMK, Russia’s largest and one of the world’s leading tube producers, announced that is was going to do a public offering of Global Depositary Receipts and ordinary shares. The company is thinking of offering them at London Stock Exchange and RTS (Russian Trade System). The shares will be offered by TMK Steel Limited, the majority shareholder. This offering is to be approved by all the corresponding bodes, including the registration and approval of the Federal Financial Markets Service and UK Financial Services Authority. Credit Suisse, Dresdner Kleinwort and Renessans Capital are going to

The company produced 2,116,500 tons of coal in January-September 2006, which falls short of the figures for January-September 2005 by 16.5%. This includes 686,100 tons of coal extracted at Kapitalnaya mine and 151,500 tons coming from Komsomolskaya mine. The daylighting operations resulted in 3,787,000 cubic meters of coal (which amounts to 64.1% of the figures for January-September 2005). The company’s miners developed 5,584 meters (70.5% of the figures for the year earlier), the company’s spokesperson said to UrBC representative.

Compliance with the company’s Collective Agreement was assessed at the meeting of Magnesite Industrial Group (part of Magnesite Group) employees with the company’s management. Prior to the meeting, special sessions were held in the corporate departments; the sessions were devoted to the potential amendments to the agreement; an ad hoc committee agreed on a number of those. It was announced at the meeting that the employees complied with all the regulations very obediently in January-June 2006. This was, among other things, due to the regular investments in the production and social fields.