AMUR’s overdue debt to Uralsevergaz comes to 3,331,291 RUR on April 1, 2008

Nicom Auto reports it has bought 25% plus 1 share of AMUR car factory. According to Vedomosti newspaper, this announcement was made by the company’s GD Vladimir Franke in the course of Interauto Exhibition on August 30, 2007. The transaction is supposed to be completed this fall; Mr. Pavel Chernavin has already confirmed these terms. The price of the transaction has been kept confidential, yet some analysts claim it’s going to come to something like $5m, since AMUR car factory does not have any welding fabrication or paint spray processing facilities. AMUR car factory (whose controlling

The Federal Antimonopoly Service took legal action against Uralsevergaz-NGK, claiming that the latter violated the federal bill on the protection of competition (part 1, Article 10) through imposing the disadvantageous agreement terms upon their customers. The lawsuit was initiated following Ural Gas Networks’ complaints. The spokesperson for the Service reports Uralsevergaz-NGK is currently Sverdlovsk Region’s only natural gas supplier and can boast a 65% share of the gas supply market. Ural Gas Networks owns a number of boiler installations in the region and depends on natural gas for fuel.

Uralsevergaz JSC, local natural gas supplier, decided to go down to the previously scheduled amount of gas supplies in Sverdlovsk Region starting January 24, 2006. The company had been supplying the agreed amount and the extra 7 million to 13 million cubic meters a day throughout the bitterly cold January 14 to January 24. Yet, as Uraltransgas Ltd. reports, the unusually low temperatures observed in virtually all of Russia resulted in an acute shortage of natural gas within the Russian Federation United Gas Supply System, which now makes it necessary to do something to prevent a general

'The potential of AMUR car factory’s project related to assembling of ten- and twenty-ton dumpers is hard to gauge yet. We have to wait till we see at least one truck made by the factory before talking of the future of the project,’ the spokesperson for GAZ Group (the holding AMUR car factory is part of) said to a UrBC reporter. The factory is planning to assemble ten- and twenty-ton dumpers supplied by FAW, a Chinese enterprise. The project has been estimated to require $1m worth of investments. Some experts believe AMUR won’t be able to win any share of the Russian truck and dumper

The agreement on manufacturing French trucks in Novouralsk-based AMUR car factory that Sverdlovsk Region signed with Renault Trucks management have led to some unexpected consequences. The region’s Minister for International and Foreign Economic Relations Alexander Kharlov announced today that Renault’s workers, supported by the trade union, started protesting against the French company’s decision. ‘The news on the recent agreement reached France, and the trade unions resented: they cannot understand why Russian enterprises are getting orders when France is struggling with overwhelming