In April 2006, machines for press rigging production will be supplied to Kombinat Magnezit JSC (a member of refractory industry holding company Magnezit Group). The company negotiated an equipment delivery contract with Swiss firm GALIKA AG. The equipment is destined for the high-tech centre of Kombinat Magnezit JSC.

The company is going to launch a domestic manufacturing and maintenance of press rigging by 2008. The total costs of the project will come to 76 million RUR, the PR-department of Kombinat Magnezit JSC reported to UrBC representative. The first project evaluations and results are to be obtained in the beginning of 2007.

The expected affordability of the project assumes that the investments recovery may take about 3 years.

For 2006, the project investments program also provides for laying out into acquisition of an additional lot of Italian rigging in order to verify the results of the previous year tests.