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10.03.2010 Energy Sector

RUSAL ANNOUNCES RESTART OF IDLED SMELTING CAPACITY AT NOVOKUZNETSK SMELTER

UC RUSAL, (SEHK: 486), (EuroNext: RUSAL/RUAL), the world's largest aluminium and alumina producer, announces the restart of production capacities at Site #1 of the Novokuznetsk aluminium smelter (NkAZ), which were suspended in March 2009 as part of the anti-crisis Cost Efficiency Leader programme. The restart of the pots proves that the company has fully mastered a technology enabling a rapid response to changes in demand and aluminium prices.

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07.03.2010 Aviation Sector

Gelendzhik airport to open for passenger flights by May 15

The Gelendzhik airport in the Krasnodar territory will open for passenger flights by May 15, airport director Irina Lyashova said.

ITAR-TASS

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03.03.2010 Energy Sector

En+ Group Announces 2009 Results of Its Metal Works

En+ Group announces the operating and financial results 2009 of its metal works Krasnoyarsk Metallurgical Plant (KraMZ) and Dmitrov Test Plant of Aluminium and Composite Tape (DOZAKL).

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02.03.2010 Manufacturing Sector

GAZ Group completes debt restructuring

On March 1, 2010 GAZ Group completed restructuring of its RUR 39.3 billion bank debt. The Company entered into 5-year loan agreements with 22 Russian and foreign banks, providing for a two-year grace period for repaying the principal and 6 months grace for interest payments. Sberbank of Russia acted as organizer of the syndicate of GAZ Group's creditor banks, while Raiffeisenbank became documentation agent.

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01.03.2010 Energy Sector

SMR Group signed new refinancing agreement

SMR Group, Russia's largest ferromolybdenum producer, signed the agreement with its creditors BNP Paribas, ING, Raiffeisen, Royal Bank of Scotland and Alfa-Bank. The loan will refinance existing SMR Group debt in full.

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