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GAZ Group announces 2011 IFRS results

Thu, 17 May 2012 00:00:00 GMT

In 2011 GAZ Group achieved the highest results in the history of the company in terms of net profit, net profit margin, and revenue per employee.

In 2011 the revenue of the company increased by 37%, EBITDA – by 49%, and net profit – by 4 times.

Bo Andersson, President/CEO of GAZ Group: “In 2011 we fulfilled all tasks that we had aimed at strengthening the company’s competitiveness. We increased sales, considerably improved financial results, renewed the model range and started implementation of joint projects with international automakers”.

UC RUSAL Announces 2012 First Quarter Results

Mon, 14 May 2012 00:00:00 GMT

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world’s largest aluminium producer, announces its results for the first quarter ended 31 March 2012.

Joint venture of UC RUSAL and NORINKO started operations

Thu, 26 Apr 2012 00:00:00 GMT

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world’s largest aluminium producer, and China North Industries Corporation (NORINCO) are pleased to announce the operations start of North United Aluminium (NUA, the former Shenzhen North Investments) — the Shenzhen-based joint venture of RUSAL and NORINCO, specializing in aluminium, alloys and other non-ferrous metals trading on the Chinese market.

UC RUSAL AND ORBITE ALUMINAE SIGN MEMORANDUM OF UNDERSTANDING

Wed, 28 Mar 2012 00:00:00 GMT

UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; MICEX-RTS: RUALR), the world's largest aluminium producer, is pleased to announce the signing of Memorandum of Understanding with Canada-based Orbite Aluminae, the owner of the unique technology for the extraction of metallurgical alumina and rare-earth elements from aluminous clay. The Memorandum, signed during RUSAL delegation's visit in Québec, foresees the possibility of creation of a joint venture to develop the aluminous clay deposit, owned by Orbite Aluminae, located in Grande-Vallée, near Murdochville town in the Province of Québec in Canada, and a construction of an alumina refinery. RUSAL may also get exclusive rights to use the respective alumina production technologies in Russia after its necessary adaptation to Russia-specific ores.

UC RUSAL announces full year results for 2011

Mon, 19 Mar 2012 00:00:00 GMT

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world's largest aluminium producer, announces its full year results for 2011.

UC RUSAL included into FTSE Indexes

Mon, 12 Mar 2012 00:00:00 GMT

UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; MICEX-RTS: RUALR), the world's largest aluminium producer, is pleased to announce the Company's inclusion into FTSE China (HK listed) Index and FTSE Asia Pacific ex-Japan Index to become effective on March 16, 2012.

UC RUSAL’S LARGEST ALUMINIUM DIVISION TO INCREASE ALLOY PRODUCTION BY 70%

Tue, 14 Feb 2012 00:00:00 GMT

UC RUSAL, the world's largest aluminium producer, is pleased to announce its plans to increase alloy production in Aluminium Division East units by up to 70% by 2016. This is an increase from 1,130,000 tonnes to 1,930,000 tonnes. Investments in the project in 2012 will amount to USD 5 million, the Division's alloy production in 2012 will rise to 1,260,000 tonnes.

UC RUSAL announces full year production results for 2011

Mon, 13 Feb 2012 00:00:00 GMT

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world's largest aluminium producer, announces its key production data for 2011.

FUTURES CONTRACTS ON UC RUSAL'S RDR TO START TRADING ON MICEX-RTS ON 13TH FEBRUARY 2012

Fri, 10 Feb 2012 00:00:00 GMT

UC RUSAL, the world's largest aluminium producer, announces the launch of Russian Depositary Receipts (RDR) trading at the Standard equity market of MICEX-RTS stock exchange and futures contracts on RDRs at FORTS derivatives market.

UC RUSAL TO START RECYCLING WASTES AT UAZ IN 2014

Thu, 09 Feb 2012 00:00:00 GMT

UC RUSAL, the world's largest aluminium producer, is pleased to announce the launch of a new alumina production waste recycling technology test run, which will result in the construction of a prototype facility at the Urals aluminium smelter (UAZ).

UC RUSAL AND PHOSAGRO SIGN LONG-TERM SUPPLY AGREEMENT

Wed, 08 Feb 2012 00:00:00 GMT

UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; MICEX: RUALR; RTS: RUALR), the world's largest aluminium producer, and PhosAgro (MICEX, RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, today announce an agreement for the supply of fluoric salts until 2034.

UC RUSAL TO INCREASE ITS STAKE IN YAROSLAVSK GRK TO 100%

Thu, 02 Feb 2012 00:00:00 GMT

UC RUSAL, the world's largest aluminium producer, is pleased to announce that it has entered into an agreement to acquire 50% of OOO "Yaroslavsk GRK" (Yaroslavsk Mining Company) from Russian Mining Company (RGRK). Following completion of the deal, Yaroslavsk GRK will be 100% wholly owned by RUSAL.

SMR ANNOUNCES FULL YEAR PRODUCTION RESULTS FOR 2011

Tue, 31 Jan 2012 00:00:00 GMT

SMR, the biggest Russian FeMo producer announces its key production data for 2011. In 2011 the Company continued implementation of the previously adopted program for modernization and technical upgrade of its production facilities

Russian robots in Abu Dhabi

Tue, 24 Jan 2012 00:00:00 GMT

The winners of Robofest-2011 (a joint programme organized by Oleg Deripaska's Volnoe Delo Foundation and Rosmolodezh) attended this years World Robotic Olympics. The Olympics were held in Abu Dhabi, on November 17 through 21. It brought together 377 teams from 35 countries. Russia was represented by 23 teams from Moscow, Ulyanovsk, Nadym, Zheleznogorsk and Chelyabinsk regions. The national team did well in the qualifying matches - almost all the teams made the top 16 in their category.

UC RUSAL installed unique equipment at Krasnoyarsk aluminium smelter to broaden range of alloys

Thu, 19 Jan 2012 00:00:00 GMT

UC RUSAL announces the development and launch of a unique magnetic hydrodynamic mixer which will enable the Krasnoyarsk aluminium smelter's cast house to extend its alloy product range. The cost of the new equipment amounts to USD 2 million.

Multi-author book published

Tue, 10 Jan 2012 00:00:00 GMT

Through the efforts of Siberia's leading scientists and a team of authors from the "Khakassia" State Natural Reserve - and with the support of the Volnoe Delo Foundation - the Ecosystem and biodiversity of the "Lake Shira" area of the "Khakassia" State Natural Reserve, edited by V.V. Nepomnyashy, is finally seeing publication.

Winners of the "Lomonosov - the pride of Russia!” crossword contest

Wed, 28 Dec 2011 00:00:00 GMT

On December 28 the winners of the "Lomonosov - the pride of Russia!" crossword contest will be presented with awards - and the event will take place nowhere other than at Lomonosov's house in Archangelsk.

EuroSibEnergo expects electricity sector privatization to begin in 2012

Mon, 26 Dec 2011 00:00:00 GMT

OJSC EuroSibEnergo, which is controlled by Oleg Deripaska's En+ Group, is expecting the privatization process in the electricity sector, particularly in networks, to begin in 2012, and it is ready to participate in the process, EuroSibEnergo's General Director Yevgeny Fedorov said in an interview with Interfax.

UC RUSAL Nikolaev alumina refinery reached record production level

Thu, 22 Dec 2011 00:00:00 GMT

UC RUSAL is pleased to announce that its Nikolaev alumina refinery has delivered a record annual production level of 1.6 million tonnes of alumina during 2011.

"Robotics" in Krasnodar Krai

Wed, 21 Dec 2011 00:00:00 GMT

On December 21, Ust-Labinsk in Krasnodar Krai played host to a regional meeting entitled "Technical creativity: current state and development prospects". This meeting was organized under the "Robotics" Programme, in conjunction with the educational authorities of Krasnodar Krai and the Ust-Labinsk district.