In May 2006, the company produced 463,305,000 RUR worth of goods, which exceeds the plan by 5.6%. There were also produced 143 engineer vehicles worth 266,700,000 RUR altogether, of which 16 items were tractors (88.9% of the planned number), 8 items were pipe-layers (80% of the plan), and 119 items were bulldozer-ripping vehicles (105.3% of the plan). The value of the shipped goods amounted to 554,910,000 RUR (95.6% of the plan); the company sold 147 engineering vehicles for 336,630,000 RUR (including 134 tractors and T-10 units and 6 bulldozer-ripping vehicles, the company’s spokesperson

Website AlloMP3.com stopped providing music files to its clients, the site’s registered users have recently reported to UrBC representatives. When one tries to download a file, the system responds by saying that the ordering service is temporarily unavailable as the site is currently under construction and by giving apologies for the inconvenience. According to website TECHLABS, on Tuesday, June 6, 2006, the British Record Industry's Trade Association, BRI, released a report claiming that downloading files using AlloMP3.com is illegal; the company isn’t going to prosecute the users,

Erazruda JSC, member of Evraz Group, implemented a new technological operation (that of ‘bed flow’) on three agglomachines. The implementation was accomplished within the framework of sintering production modernization in the company’s Abagursky branch (the city of Novokuznetsk). The operation allows for increasing of mechanical strength of the sintered ore and for decreasing the small articles content (0-5 millimeters fraction). Besides, the implementation of the operation is quite profitable and is expected to reduce the company’s harmful emissions, Evrazruda PR-department reported.

On June 6, 2006, some Knorr-Bremse Systeme für Schienenfahrzeuge GmBH (Germany) executives paid a business visit to Federal State Unitary Enterprise Uralvagonzavod Production Association. The delegacy consisted of Dieter Willhelm, member of the German company’s Higher Council, Wolfgang Schloesser, member of the Board of Directors, and V.V. Rutkas, Head of the Representative Office in Russia and CIS countries. ‘During the visit, the top-management of our company and the German guests negotiated for cooperation in creation of new promising brake systems for a new generation of carriages. We

‘Justice of the Peace of Chkalovsky District of Yekaterinburg returned the verdict of guilty, which completed the criminal lawsuit where the accused was being charged with persistent non-execution of judgment (Clause 315 of Russian Criminal Code)’, reports the spokesperson for the Public Prosecutor’s Office in Sverdlovsk Region. The accused was the forty-five-year-old General Director of Shabrovskiye Electricity Network Ltd. Sergey Frolov In the course of the investigation, it was revealed that, following the decision of Sverdlovsk Region Court of Arbitration, the company headed by Mr Frolov

‘Public prosecution authorities of Ordzhonikidzevskiy District of Yekaterinburg initiated a criminal lawsuit concerning illegitimate use of Microsoft Corporation copyrightable matter after the investigation of instances of illegal production and selling of pirate copies was carried out alongside with other law-enforcement agencies,’ reports the spokesperson for the Public Prosecutor’s Office in Sverdlovsk Region. The offense was recorded in the office of a commercial enterprise located in Frontovikh Brigad St. Nine of the system units used by the employees had illegal copies of Microsoft

In May 2006, representatives of Maerz of Austria paid a business visit to Magnesite Integrated Complex, member of Magnesite Group. During the visit, they discussed the terms of some contracts and the proffered set of engineering services with Magnesite executives. Another subject of discussion was a schedule of further cooperation within a new investments project concerning a proposed construction of vitrified clinkers production sector involving installation of a Maerz high temperature shaft furnace. The parties came up with a decision to carry out some experimental testing. A briquette

On June 6, 2006, Consultant to the President of France Jérôme Monod visited Metallurgical Industrial Complex of Nizhniy Tagil (part of Evraz Group). As the company’s spokesperson said to UrBC representative, the purpose of the visit was for the guest to get acquainted with the Complex; in the course of the meeting with the company’s management, M Monod asked them some questions on the company’s activity and the social conditions of its employees. He could see that the Complex has developed a stable system of employee-employer cooperation and that there exists a trade union (whose

Russian Copper Company took part in the International Workshop on Environmental Studies and Technologies (May 30 to June 2, 2006, Chelyabinsk Region). The forum was set up by Moscow-based International Scientific and Technical Center and attended by the environmentalists from France, Germany, the United Kingdom, and by the faculty of Russian, Kirghiz, and Georgian research institutes. Karabashmed CJSC, part of Russian Copper Company Holding, was invited to attend the workshop and present its innovational projects on industrial engineering procedures aimed at dealing with the environmental

Basalt CJSC, producer of car parts located in Miass, Chelyabinsk Region, claimed to be in danger of an unfriendly takeover by a rival firm Fenox of Germany. The claim was made by Gennady Brekhov, GD of Basalt CJSC, during his meeting with Head of Miassky okrug Viktor Ardabyevsky and legislature establishment of the okrug. The meeting was also attended by some other car parts market participants, namely, GD of Track Production Association, representatives of Pelmag (Magnitogorsk) and others. In the nearest future, they are going to send a corresponding joint written appeal to Miass

Chelyabenergo JSC, the regional energy supplier, held the annual general meeting on June 2, 2006. The shareholders kept to the agenda, that is, they approved of the company’s annual report, of the accounting report (including the profit and loss statement) and discussed the profit distribution. The meeting was adjourned with the decision to pass the ordinary share dividends for 2005 and pay a dividend of .003961 RUR per one preference share within 60 days of the decision. In addition, the attendees confirmed the amendments to the company’s Charter and the new version of the Provision of

Supervisory Board of Koltsovo Airport JSC decided to hold the annual general meeting on June 30, 2006. The agenda includes approving of the annual report and annual accounting statements, including P & L account for 2005. The stockholders will elect members of Supervisory Board of the Association, members of the inspection commission, and will appoint the company’s auditor. They will also adopt a new version of the Articles of the Association. Supervisory Board has recommended the stockholders to allot 1,972,182.60 RUR to pay a dividend of 6.60 RUR per common share and that of 13.20 RUR

Vysokogorsky Ore Mining and Processing Enterprise JSC, member of Evraz Group, has multiplied by 1.05 its applicable tariff rates and personnel wages. Since May 2006, the wages of every company’s employee has gone up by 5% on average. According to the company’s spokesperson, the wages are raised under the terms of the collective agreement that provides for an advance of wages in order to compensate the rise in consumer prices during the first quarter of 2006. ‘We managed to raise the wages due to our success in production cost optimization, increase in labor productivity and reducing the

United Machine-Building Works JSC (Uralmash-Izhora Group) held the annual general meeting on June 5, 2006. The eligibility to attend was determined by being included in the register by April 17, 2006. The shareholders approved of the company’s annual report for 2005, of the accounting report (including the P&L statement), and of the inspection committee report. In 2005, the company’s operating profit was 3.3 times greater than in 2004, its revenues went up by 27% and reached the point of $666.1 million. The fact that the nuclear industry contracts signed with United Machine-Building Works

‘Within the framework of setting up OGK-2 JSC and OGK-6 JSC, there has been effected an exchange of excess share of the companies for the stock of the electric power station owned by RAO UES of Russia and minority shareholders,’ PR-department of Sverdlovenergo JSC reported. After completion of the exchange process the companies OGK-2 JSC and OGK-6 JSC ceased to be 100% subsidiaries of RAO UES of Russia; its share in the authorized capital of OGK-2 JSC and OGK-6 JSC is now 84.65% and 96.91%, respectively.

In May 2006, representatives of Maerz of Austria paid a business visit to Magnesite Integrated Complex, member of Magnesite Group. During the visit, they discussed the terms of some contracts and the proffered set of engineering services with Magnesite executives. Another subject of discussion was a schedule of further cooperation within a new investments project concerning a proposed construction of vitrified clinkers production sector involving installation of a Maerz high temperature shaft furnace. The parties came up with a decision to carry out some experimental testing. A briquette

Supervisory Board of Koltsovo Airport JSC decided to hold the annual general meeting on June 30, 2006. The agenda includes approving of the annual report and annual accounting statements, including P & L account for 2005. The stockholders will elect members of Supervisory Board of the Association, members of the inspection commission, and will appoint the company’s auditor. They will also adopt a new version of the Articles of the Association. Supervisory Board has recommended the stockholders to allot 1,972,182.60 RUR to pay a dividend of 6.60 RUR per common share and that of 13.20 RUR

In the end of May 2006, the top-management of Magnesite Industrial Complex JSC (member of Magnesite Group) held a meeting with teaching staff and students of Satka Ceramics and Mining College. The meeting was held within the framework of the cooperation program of Magnesite Industrial Complex with educational institutions of Satka town. During the meeting, Igor Anikievich, GD of Magnesite Industrial Complex, spoke about the future prospects of the company within the framework of the unified corporate development strategy of Magnesite Group, the main trends of which have been endorsed by the

Federal Insurance Supervision Service has withdrawn licenses of two Yekaterinburg insurance enterprises, namely, Ural Treasures Reinsurance Company Ltd. and Rosalliance Insurance Company CJSC. The withdrawal entails cancellation of the companies’ entries at the Unified State Register of Insurance Companies. The withdrawal was caused by the companies’ non-execution of the Federal Insurance Supervision Service requirements. All these events are the outcome of Federal Insurance Supervision Service suspending the licenses of the companies in February 2006 (Ural Treasures Reinsurance Company Ltd.)

Within the framework of the renovation program, Abakan subsidiary of Evrazruda JSC (part of Evraz Group, an ore maker) put into operation the main dewatering plant (maximum depth -200 meters) that allows to pump subterranean waters from the mine’s deepest floors. According to the company’s spokesperson, the new plant is part of the complex system that covers three floors (+65, -15, and -95 meters); the other components include a venting and air heating chamber unit in order to air and warm the mine in winter. The air will be transmitted via Kletievoy air channel that is 32 meters long; the