Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Regional Economic Digest



KEMEROVO REGION


KRASNOYARSK REGION


NOVOSIBIRSK REGION


REPUBLIC OF TATARSTAN


SAMARA REGION


VOLGOGRAD REGION
















SAMARA REGION

The Property Fund of Samara region failed to sell off the 30% stock in "Syzranselmash."

The representatives of the fund think that the recent attempt to sell off the troubled stock should not be considered the last stage of the "soap-opera" for forming the control stock of "Syzranselmash."
The next bid will most likely be specialized and strategically aimed to creating the most favorable conditions for the buyers ("Rostselmash", financial industrial group "Sodruzhestvo", group "Sok", company "Tochka opory" and other companies are still interested in acquiring the stock).
Meanwhile, as the external management process at "Syzranselmash" has been terminated, the company is striving to overcome the financial crisis by its own efforts. One of the variants therefor has seemingly worked out: the factory's management signed an agreement with the investors on location of ceramic tile production at the vacant grounds of the factory. This fact is expected to further attract the prospective buyers of the stock.

"Volzhskaya communa" (Samara), 27.09.2000

In 8 months of 2000 "Samaraneftegas" (Oil Company "UKOS") commissioned 32 new and 150 halted oil wells.

This year's figures exceed those reported in the similar period of 1999 by 30%. The oil extraction volume increased by 131,861 tons, with the estimated increase by 80,800 tons. The most of the oil wells - 55 (including 18 new wells) have been commissioned by the company's subsidiary "Sergievskneft."

"Volzhskaya communa" (Samara), 27.09.2000

REPUBLIC OF TATARSTAN

The instrument-making plant of ElAZ launched production of equipment for oil extraction.

The newly production was launched in line with the agreement on cooperation, entered by "ElAZ" and "Tatneft". The agreement stipulates production of pumping and carburizing devices and the lifting facilities, designed by the scientific research institute "Tatneftemash."
Recently the first probe model of the pumping and carburizing device, equipped with the "KamAZ" shassis, is being tested.

"Vriemia i dengi" (Kazan), 27.09.00

Ivan Kostin, general director of KamAZ, issued an order "On launching production of the "2EKT-240?" tractors."

The tractor was designed by KamAZ. The probe model of the tractor was produced a year ago and later presented at a number of exhibitions. Recently it was high time to produce 12 probe tractor models, which will be completed by the end of the year.
Pursuant the production schedule, currently the preparation process for production of the new tractor models is fully under way. Production will be accomplished at the production areas of "KamAZinstrumentspetsmash".

"Vriemia i dengi" (Kazan), 27.09.00

"Nizhnekamskneftekhim" (Tatarstan) and "Toio Engineering Corporation" (Japan) signed a commercial contract

The subject of the contract is reconstruction of the benzene device, which is a part of the ethylene workshop - the main production area of the chemical factory "Nizhnekamskneftekhim". Benzene is used to produce styrene, which is in great demand in the world market. Polystyrene is even in greater demand, so "Neftekhim" plans to launch production of this chemical in the nearest future.
The annual capacity of the benzene production will be increased from the recent 160 thousand to 220 thousand tons. As a result the output of styrene will rise 1.5 times. The estimated cost of the reconstruction, which will be accomplished within 3 years, is $21 million.

"Vriemia i dengi" (Kazan), 27.09.00

VOLGOGRAD REGION

Volzhskiy piping factory won two tenders in a row.

Volzhskiy piping factory, a member of the MDM group, won two tenders of "Transneft" for deliveries of 18,400 tons of big diameter pipes coated with three layers of corrosion-proof substance. These are the first tenders in line with the major Russian project "Baltic Pipeline System."
Recently Volzhskiy piping factory has produced the first 1,400 tons of pipes and delivered them to Nizhniy Novgorod region, to the place of the pipeline construction. The order will be completed by the end of the year.
At the tender Volzhskiy piping factory made the best quality and delivery proposal and was awarded 50% of the order. Two other participants of the tender - Vyksunskiy and Chelyabinsk metallurgical factories - shared the remaining 50% of the order.

"Noviye deloviye vesti" (Volgograd), 27.09.2000

NOVOSIBIRSK REGION

A plant for zero-discharge flax treatment to be constructed in Maslianinskiy district of Novosibirsk region in 2001.

Construction will be financed by the trade house "Altaiagro." The new plant will be the basis for the newly established Siberian Flax Company (with foreign capital included to its capital stock). The regional administration will also participate in the project by allocating on favorable terms 15 thousand hectares for flax-growing.

"Sovetskaya Sibir" (Novisibirsk), 26.09.00

The regional agricultural enterprises have every opportunity to collect the record 3 million tons of grain.

The information was announced by Georgiy Ivashenko, deputy head of the regional agricultural department, at the re-cent briefing.
According to G.Ivashenko, the regional enterprises may collect the harvest in full, in spite of the bad natural conditions. The main factor, contributing to good harvest collection, is good fuel supply, which makes it possible to trash grain even in the rainy weather, and to dry it till the necessary level.
In 2000 the agricultural enterprises of the Novosibirsk region grew good-quality flax, which is Russia's best by several criteria.

"Sovetskaya Sibir" (Novisibirsk), 26.09.00

KEMEROVO REGION

Harvest gathered at 76% of the agricultural lands in Kemerovo region.

The biggest harvest has been collected in the farm "Sibiriak" in Chebulinskiy district (chairman ?.?.Seletnikov). For the first time in the farm's history it harvested 14 thousand tons of grain.

"Kuzbass" (Kemerovo), 27.09.00

The regional meeting of experts from "Barlous Tractor Siberia" was held at open mine "Bachatskiy."

"Barlous Tractor Siberia" is the largest regional representative of "Caterpillar", the leading manufacturer of mining equipment. Apart from the company representatives, the meeting was attended by mechanical stuff of those open mines, members of the holding "Kuzbassrazrezugol", which use excavators, bulldozers and trucks with the "Caterpillar" trademark.
The main objective of the meeting is organizing the maintenance services of the equipment and training the stuff to efficiently use the equipment. In present there are 50 "Caterpillar" machines in Kuzbass, with 22 machines working in the open mines of the holding.

"Kuzbass" (Kemerovo), 27.09.00

KRASNOYARSK REGION

The extended meting of the board of Oil Company UKOS announced that the company will purchase 19.9% shares of East Siberian Oil-and-Gas company (VSNK).

Mikhail Khodorkovskiy intends to further expand the influence of UKOS in the East Siberian Oil-&-Gas Company, up to the full takeover of the company. Recently the negotiations with the current owners of VSNK are fully under way.
The expansion of UKOS to the East is related to the company's desire to develop oil and gas deposits located in the Eastern Siberia. In this respect purchase of VSNK shares is viewed as a necessity action, as the East Siberian company is licensed for geological prospecting and developing the Yurubchenskiy deposit of the Yurubcheno-Tokhomskaya oil-bearing zone of the Krasnodar region. The deposit contains 702 million tons of oil. This deposit is the best-researched part of the largest oil and gas bearing area of the Eastern Siberia region.

"Comok-Ochevidets" (Krasnoyarsk), 26.09.2000

Last week construction of a new enrichment factory started at the famous gold prospecting enterprise "Polius."

This will be the first Russian factory of this kind using unique biotechnology.
The owner of "Polius", the well-known businessman Khazret Sovmen, promised that the factory will be commissioned within a year, thus adding 10 tons of gold to the currently extracted 15 tons.

"Comok-Ochevidets" (Krasnoyarsk), 26.09.2000

Region Inform has been gathering economic news from across Russia's regions for more than five years and has a wide range of products available. Tel: +7 (095) 214-5542.