20 September 200612:58

Russian ore maker Evrazruda puts up ventilation and hot-air generator at Tashtagolskiy subsidiary

Russian ore maker Evrazruda (part of Evraz Group) puts up ventilation and hot-air generator at its Tashtagolskiy subsidiary within the framework of long-term development program. The construction of the generator, meant for Novocapitalniy groove, was started a few years ago but had to be stopped and was only resumed this summer. The generator was designed by SibGiproRuda, with Novokuznetskstroy Ltd. acting as the general contractor. The new facility will replace the worn-out generator and provide reliable and uninterrupted mine ventilation. In winter, the generator will produce hot air to
20 September 200612:56

Beloyarskaya nuclear power station undergoes examination of WANO

18 representatives of World Association of Nuclear Operators coming from seven different countries had been examining the station for two weeks (September 3 to September 15). This was followed by a press conference held for the local mass media, with reports presented by the Director of the station Nikolai Oshkanov, Director of WANO in Moscow Farit Tukhvetov, the leader of the international expert team Yaroslav Vokurek of the Czech Republic and Production Director of NAEK Ivan Foltov of the Ukraine. The experts commented on the great level of operation and safety; they concluded that all the
20 September 200612:54

Sverdlovsk Gubernskiy Bank looks at its success in eight months of 2006

The bank assessed the results of its activity throughout January to August 2006. Its balance sheet total went up by 70.5% and amounted to 9.29bn RUR on September 1, 2006 (compared to 5.45bn on January 1, 2006). The bank’s owned capital rose by 45.2% (or by 893.84m). The net wealth increased by 53.5% and amounted to 8.06bn RUR (5.25bn on January 1). The volume of the bank’s income-earning assets came to 6.11bn RUR, with the growth of 46.2%. The loan portfolio went up by 36% and came to 4.28bn RUR (3.15bn on January 1, 2006). The securities portfolio reached the point of 1.8bn RUR, which
20 September 200612:52

Power generating company decides on consultants to assist in offering extra share issue

The Board of Directors of TGK-9, the power generating company, decided on the consultants who will assist the enterprise in public offer of the additional share issue. These consultants come from Morgan Stanley and Co. International Limited and Troika Dialog Investment Company. Baker and McKenzie CIS Limited are going to act as the company’s legal advisors, reports the spokesperson for TGK-9. The consultants were chosen after the open competitive negotiations that took place in August 2006. The applicants for the task had to have some experience in working on the international and Russian
20 September 200612:50

Average of 73.8% of seats used within Ural Airlines aircraft in January- August 2006

Ural Airlines looked at their achievements in the eight months of 2006. The company’s re-branding, for example, led to the average 73.8% of seats used within an aircraft each flight, which is 4.7% better than in January-August 2005, says Commercial Director of Ural Airlines JSC Kirill Skuratov. According to the carrier’s recent press release, the company sees breaking into the global market and becoming a truly international company as its top strategic priorities. This includes world-class service and fleet as well as flying all over the globe. In order to achieve these goals, the company
20 September 200612:48

Metallurgical Industrial Complex of Nizhniy Tagil uses medical equipment designed for astronauts to do employee checkups

A new colour ultrasound HDI-5000 diagnostic machine has recently been installed at the medical center of Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Graoup). It is much more sensitive and has a better ‘vision’ than the earlier generation devices, this is why the machine can trace a whole range of various diseases at a very early stage as well as examine the viscera and blood vessels. This new diagnostic system is quite unique. The company’s medical center is now the only place in Nizhniy Tagil that actually has it, as such devices used to be only installed in major
19 September 200612:58

Beloyarskaya nuclear power station sums up results of its activity in August 2006

Beloyarskaya nuclear power station summed up the results of its activity in August 2006. BN-600 power generating unit operated at the nominal capacity level. It had to be reduced for three days (August 24 to August 27) from 600 to 400 megawatt in order to eliminate some defects in the drain conduit. These defects did not affect the level of radiation and were classed as a zero event at the INES scale, which means the incident was non-core to safety. According to the spokesperson, there weren’t recorded any safety or limit violations, and the rare gas activity breakthrough in August comprised
19 September 200612:56

Ural Turbine Works to re-enter Ukrainian power facilities market

Ural Turbine Works (part of Renova Group) is going to re-enter the Ukrainian power facilities market. Tendering for the supply of a 250-megawatt turbine to one Ukrainian enterprise in the nearest future is to be the first step forward. The Ural turbine makers have supplied the country with 45 turbines with the joint capacity of 2,937 megawatt altogether, yet then there seemed to be no cooperation for a while. Last year, the company tried to offer its turbines to Byelorussian businesses, and it is now working on K-63-90 steam turbine that will be bought by power station of Minsk, reports the
19 September 200612:54

Oleg Zakharushkin appointed new director of Yekaterinburg subsidiary of SOGAZ Insurance Group

Oleg Zakharushkin was appointed the new director of Yekaterinburg subsidiary of SOGAZ Insurance Group. He succeeded Alla Rodygina, who moved to the company’s headquarters to become the Regional Network Management Director, reports the spokesperson for the company. The new director will have to look at the ways to develop personal insurance and risk insurance (including financial and construction risks); the Group still puts great emphasis on the business entities, as far as Yekaterinburg is concerned.
19 September 200612:52

BN-600-power unit of Beloyarskaya nuclear power station to go through scheduled outage for refueling on September 18, 2006

BN-600-power unit of Beloyarskaya nuclear power station will go through the scheduled outage for refueling on September 18, 2006. The outage will be accompanied by the pure non-radioactive gas make through the relief valves. The refueling is expected to last from September 20 to October 9, 2006. In the meantime, the heat and hot water will be provided to the town of Zarechniy by the local boilers and the heating facility of No. 4 generating unit currently under construction, reports the spokesperson for the station.
19 September 200612:50

Public prosecution bodies of Chelyabinsk Region find instances of air safety violations in airports of Chelyabinsk and Magnitogorsk

According to the spokesperson for the Public Prosecutor of Chelyabinsk Region, the recent investigation of how the airports complied with the air safety legislation revealed instances of violating the regulations that could lead to air accidents. Among other things, the luggage inspection points or metal detectors were not equipped with explosive fumes detectors; the inspection of freight at the Cargo Service department was performed without the obligatory appliances such as an X-ray TV stationary introscope. The technical support staff as well as the ground crew and the transportation
19 September 200612:48

Overall loss of Metallurgical Industrial Complex of Magnitogorsk caused by break in cooperation with AutoVAZ to come to 300-350m RUR per month if the parties fail to negotiate treaty

‘AutoVAZ has been trying to raise its efficiency by cutting expenses, a great part of which is made up by the price of the metal. This automobile concern has a number of suppliers to choose from, this is why it feels it can write its own ticket as far as Metallurgical Industrial Complex of Magnitogorsk is concerned. It is the Complex that will have to compromise, otherwise it will lose a very important client,’ the expert of FINAM Investment Company Sergey Filchenkov said to UrBC representative, following the recent refusal of the carmaker to use the Complex as their supplier. ‘If the parties
18 September 200612:00

Fifth bomb alarm threatens Yekaterinburg railway station on September 12

According to the spokesperson for Sverdlovsk Region Railways, there have so far been eight bomb alarms concerning their premises since the beginning of the year, five of which had to do with the alleged mining of Yekaterinburg railway station and one with mining of Perm railway station. One instance involved placing some mines within a railway carriage, and another – mining the railways proper. All the alarms turned out to be groundless. Each case of ‘false mining’ resulted in criminal action (Article 207 of Russian Criminal Code, ‘Reporting knowingly false information about a terrorist act’)
18 September 200611:58

Debt of Yekaterinburg winery bought by CentroCredit of Moscow

‘The debt of Yekaterinburg Winery JSC has recently been bought by CentroCredit CJSC of Moscow. Apparently, this Moscow bank made proposals to three banks who were the creditors of the winery,’ the company’s trustee in bankruptcy Eduard Chu said to UrBC representative. According to Mr Chu, the transaction is going to cost around 250m RUR. He also said that the total assessment of the assets of the winery was still in process as the procedure had not been approved of by the Federal Property Management Agency.
18 September 200611:56

Twenty local enterprises agree to contingency plan aimed at saving electricity in case of bitter frosts

Chairman of RAO UES of Russia Anatoliy Chubais signed a protocol that enumerates 16 power facilities located in the ‘dramatically overloaded regions’ that could experience electricity cuts in the coming winter. Yekaterinburg was on the list among the other 15 places. According to the spokesperson for Yekaterinburg Electrical Network Company, over twenty local businesses were asked to think of some electricity-saving measures in August 2006. If the temperature does not come any lower than 25 degrees centigrade below this winter, all the power facilities should handle the workload okay.
18 September 200611:54

Over 80 entities get donations from Metallurgical Industrial Complex of Nizhniy Tagil this year

Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group) has been awarded the Mayor’s diploma for extensive charity work. The company traditionally runs about ten charity and support projects. Evraz Group is keenly aware of their social liabilities as a corporation, this is why their activity is targeted at providing long-term cooperation between business and society. The Complex usually supports development of educational and national healthcare establishments, cultural and sports facilities, and religious and social bodies. This year, the company has already helped over 80
18 September 200611:50

Magnesite Industrial Complex raises refractory goods output by 6.2% in eight months of 2006

Magnesite Industrial Complex (part of Magnesite Group) has raised its refractory goods and commercial powders output by 6.2% (up to 254,900 tons) and by 13.7% (up to 526,900 tons), respectively, throughout January to August 2006 compared to the corresponding months of 2005. In the eight months of this year, the company has shipped 8.9% more powders (up to 526,900 tons) and 2.2% more refractory goods (over 243,800 tons), reported the company’s Production Management Director B. Ponomarev.