Uralelectromed to pass a dividend for 2007

‘OAO Uralelectromed signed a contract with a Swiss company for a research on the possibility of building a monorail between Yekaterinburg and Verkhnyaya Pyshma; the link would stretch from Prospekt Kosmonavtov underground station in Yekaterinburg to Verkhnyaya Pyshma’s bus service station,’ an architect from OOO UMMC Holding Vladimir Veniaminov said during a presentation on Verkhnyaya Pyshma’s development strategy. Sverdlovsk Region Government actually considered the idea as early as June 2007, but the link in question was a railway bus. The bus was supposed to follow the route of the

Moscow, 16 October 2008 – UC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce its production and summary financial results for the first nine months of 2008. Highlights Bauxite output rose 3.4% to 13.5 mln tonnesљ compared to the same period last year Alumina output grew 2% to reach 8.4 mln tonnes Primary aluminium production increased 6.5% to 3.3 mln tonnes Output of value-added casthouse products increased 10.8% to constitute 51% of the company’s total aluminium output Foil production rose 5.7% Total revenues for the first nine months of 2008 increased 14%

Moscow, 12 August 2008. UC RUSAL, as a shareholder of Norilsk Nickel, is seriously concerned with the environmental situation relating to production activities at Norilsk Nickel’s facilities in Russia.љ According to the state environmental monitoring service and international public organisations, the environmental situation at Norilsk is on the brink of catastrophe. The following are just some of the alarming observations: For approximately 350 days-a-year the level of hazardous substances, recorded in the atmosphere surrounding Norilsk Nickel facilities exceeds the Maximum Permissible

Magnitogorsk Iron & Steel Works (MMK) has recently adopted a new version of Environmental Policy. The program was drawn up within the framework of the company’s Mission and Strategic Goals; it made the reduction of harmful environmental impact one of the company’s strategic goals. This reduction is also expected to keep MMK’s produce competitive on the global metal goods market for a long time. The Environmental Policy provides for the introduction of a new environmental management system based on ISO 14001:2004 requirements at MMK Group’s enterprises. Then, the environmental security of

‘I should say that every once in a while, some old-time investment companies actually close down after all. Iset-Invest would not be the only example of this. I would assume that the recent annulment of the license of a professional securities market player has to do with the proprietors’ decision not to go on working in the current fiercely competitive environment. Modestly-sized provincial investment companies find it increasingly difficult to stay on the market, and this market’s opportunities are not the best for the local players (that is, for about a quarter of all investment