Chelyabchimopttorg JSC has recently held the annual general meeting that resulted in approving of the company’s annual report and the profit and loss distribution. The shareholders decided to pass a dividend for 2005 as well as elected the Board Members, namely, Mikhail Burenkov, Valentin Kraev, Galina Selnitsina, Evgeniy Kraev, and Alexei Kraev.

Within the first five months of 2006, Vysokogorsky Ore Mining and Processing Enterprise (member of Evraz Group) has increased its sales of various road metal fractions. The increase came to 7 to 9% against the corresponding figures for the previous year. The road metal of 5 to 20 mm and that of 0 to 10 mm size fractions are in the highest demand. According to Evraz-Holding Ltd. PR-department, the increase in road metal sales is a result of growth of house and road building and that of consumer wants. Due to an accretion of demand, the prices of the shipped production more than doubled. The

On June 21, 2006, the Board of Directors of Electromashina JSC held a meeting. Members of the Board came up with the decision to suggest that the stockholders pass a dividend for 2005.

Kopeisk Machine Building Works JSC has recently held the annual general meeting that resulted in approving of the company’s annual report, the accounting report, and the profit and loss distribution. The shareholders decided to pass a dividend for 2005 as well as elected the Board Members (Boris Anashkin, Petr Kondrashov, Igor Konyukhov, Alexander Kuznetsov, Viktor Semenov, Timur Starositin, Vladislav Tomilov. Yaroslav Chaban, and Tatiana Shvetsova). Consulting Ltd. was chosen the company’s auditor for 2006.

Vanadium Ore Mining and Processing Enterprise JSC of Kachkanar (member of Evraz Group) is getting its machinery repaired and modernized by the contractor, Vostoktechmontazh Ltd. On June 20, 2006, the fifth excavator was put into operation after the repairs. The renovated excavator began operating at the stockyard thus replacing the excavator No. 46, which is the next to be repaired. The renovation of its successor at the stockyard included replacement of all carriage units, installation of a new bucket with the capacity of 10 cubic meters. At the moment, the company’s management is looking

KinoMax-Pobeda JSC has recently held the annual general meeting that resulted in approving of the company’s annual report, the accounting report, and the profit and loss distribution. The shareholders decided to pass a dividend for 2005 as well as elected the Board Members (Konstantin Antropov, Alexander Voroshilov, Vesnyana Labutina, Vladimir Somikov, and Larisa Filon). Audit/Financial Analysis and Taxation Ltd. was elected the company’s independent auditor.

Bank of Russia Crediting Organizations Licensing Department registered the report on the additional share issue by Klebniy JSC worth 56 million RUR. These are the ordinary paperless shares, 560,000 in number (face value of 100 RUR per share). The state serial number of the issue is 10103283В (005D), given on March 28, 2006; the report was placed on May 15, 2006. The shares were being allotted for two days (April 11 and April 12, 2006) via subscription; People’s Bank of Kazakhstan JSC (Klebniy’s major shareholder) became one of the subscribers.

Within the framework of the Convenient and Obtainable Housing to Russian Citizens National Program, South Ural Mortgage Lending Agency JSC announced a private house project competition hoping to promote low-rise constriction, reports their spokesperson. The general provisos are: the area of the house (excluding the terraces, the balconies, and the attics) should come to anything between 100 and 150 square meters and 3 to five technologies and designs. The prime cost of the construction and assembling should meet the limit of 10,000 to 12,000 RUR per square meter, given the current prices.

Minister for International and Foreign Economic Relations of Sverdlovsk Region met Hungary’s sales representative Mihai Kemenesh. The Hungarian delegation came to the Mid-Urals because of the co-operation agreement signed between Pont-GB-Ganz and Uralsevergas. In the course of the meeting, Mr Kemenesh spoke on the bilateral co-operation opportunities. One way of co-operating has to do with Hungarian experts repairing and maintaining Ikarus buses widely used in Sverdlovsk Region. Another one might involve construction projects, reports the spokesperson for the Ministry.

Integrated Metallurgical Complex of Nizhny Tagil JSC (NTMK JSC), member of Evraz Group, is going to participate in the 5th International Exposition of Armament, Defense Technologies and Ammunition RUSSIAN EXPO ARMS – 2006. The exposition will be held at the firing ground located by Staratel settlement. NTMK part of the exposition is ready now. The company is to demonstrate the process of metal, beams and channels production. The Complex will also install within its exposition area some special video facilities displaying new technologies used by NTMK. The company’s representatives will be

Due to the thunderstorm that hit Sverdlovsk Region on June 20, 2006, a number of accidents occured at the electricity networks of Comenergo CJSC. This was reported by a KESK-Multienergetics Ltd. representative. There were major power cuts for more or less lengthy periods at some apartment and office buildings of Pervouralsk, Aramil, Berezovsky, Revda, Kamyshlov and Irbit. In Pervouralsk, the storm damaged a feeder, which caused some cut-offs of apartment buildings, summer cottages, and of a gas filling station. In addition, a tree fell on an overhead transmission line that resulted in some

‘Fujitsu Siemens Computers finished the fiscal year 2005 with the following results: the company’s income amounted to ?6.7bn, the pre-tax profit came to ?120m,’ said Pavel Kuzmenko, director of marketing of Fujitsu Siemens Computers Representative Office in Russia and CIS countries. ‘Within the second half of 2005, the company’s income amounted to ?3.8bn. During the same period the pre-tax profit came to ?92m,’ indicated Mr Kuzmenko. ‘The total return on sales of corporate data storage systems reached the point of ?500m,’ he said.

In order to enter the international community of air carriers, Ural Airline JSC is currently taking part in a certification program supported by International Air Transport Association (IATA), reports the company’s spokesperson. Upon receiving the IOSA certificate and getting on the audit-approved carriers list, Ural Airlines should become internationally recognized for their safety achievements. Colin Penny, an independent expert from the UK, is currently conducting a workshop for the company’s top-managers. Within a few days, the executive of a consulting firm is expected to put them into

Governor of Chelyabinsk Region Petr Sumin met up with GD of Mayak Production Association Vitaliy Sadovnikov on June 19, 2006. Mr Sadovnikov briefed the Governor on the current activities of the Association, including the issue of using Techinskiy tandem reservoir system and the state of events at No. 11 dam and rehabilitation projects, environmental and otherwise, connected with the production of the Association. Mr Sumin and Mr Sadovnikov also discussed the steps taken to deal with the social problems of the village of Muslyumovo (in the vicinity of the reservoirs), the Governor’s

Within the framework of the Convenient and Obtainable Housing to Russian Citizens National Program, South Ural Mortgage Lending Agency JSC announced a private house project competition hoping to promote low-rise constriction, reports their spokesperson. The general provisos are: the area of the house (excluding the terraces, the balconies, and the attics) should come to anything between 100 and 150 square meters and 3 to five technologies and designs. The prime cost of the construction and assembling should meet the limit of 10,000 to 12,000 RUR per square meter, given the current prices. The

It looks like Russia is turning into an important player in the world economy. In addition to successes and advances in the national economy based on gas and oil, Russia is thinking about improving its competitiveness by banish wastes from processes in industries and organizations. Proof to that is the First Russian Lean Forum that was held the city of Yekaterinburg in the industrial heart of Russia, in the Urals. More than 250 top managers from such industries, as metal (ferrous and non-ferrous), automotive, chemical, mining, aviation, machine building, medical equipment, consumer goods,

Starting this June, Vanadium Ore Mining and Processing Enterprise JSC (part of Evraz Group) introduced an internship program meant for students of Sverdlovsk Region colleges. The internship is expected to last for two months, and some thirty students (of Ural Polytechnic Institute and Ural State Mining University) will probably be on the program altogether. This decision was made within the framework of the company’s personnel management strategy. This will be the second instance of working for Vanadium for students of Ural State Mining University; these interns had their first experience

SUAL Group received the certificate of International Organization of Employers that proves the company’s impressive achievements in the field of corporate social responsibility and its investments in further promotion and understanding of it. The Organization’s Secretary-General Antonio Penalosa gave the certificate to SUAL’s Director for Public Bodies and Local Government Cooperation Olga Fedoseeva in the course of the international workshop called Corporate Climate and Social Responsibility of Businesses in Russia. The workshop took place in Geneva within the framework of the 95th session

Evraz Group has recently bought two new bulldozers for Vanadium Ore Mining and Processing Enterprise JSC, one of its companies, reports the spokesperson for Evraz Group. The bulldozers are meant for difficult excavating activities, including rock– and frozen ground-excavation. The company’s employees are currently busy with balancing and commissioning, which should last until the end of June.

‘We have had a 40% to 150% increase in the volume of mortgage loans given by Chelyabinsk Region banks within the first five months of 2006. These data cover only ten banks since some crediting organizations haven’t produced any information so far,’ General Director of South Ural Mortgage Lending Agency Alexander Kondrashov announced at yesterday’s press conference. According to Mr Kondrashov, the Agency itself registered 248 loans last year. ‘Yet we’ve given 253 loans throughout January to May, which means the Agency has already met last year’s plan,’ he said.