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RusAl Q1 Down 84%

Reuters

The world's biggest aluminum producer RusAl posted an 84 percent drop in first-quarter net profit as prices fell, potentially fueling a shareholder row over the company's refusal to sell its stake in Norilsk Nickel. The world's biggest aluminum...

Deripaska Does $1Bln Metal Deal With China

Reuters

... Element said it had agreed on a $1 billion cooperation deal with China's state-owned North Industries Corporation, or Norinco, that will include construction of a rolling mill in Russia for metal production. The deal will also allow the world's largest aluminum producer RusAl, which is majority owned by Basic Element's subsidiary En+ Group, to expand its aluminum exports to China by selling to North United Aluminum, a joint venture between RusAl and Norinco, Basic Element said in a statement on Saturday...

Krasnoyarsk: Siberia's 'Beautiful Shore'

... they dared to thwart his will. The locals' idea of Yenisei is reflected in a sculpture in the city center that depicts the river as a brawny bearded man sitting on a rock and holding a sailing vessel in his right hand. Major Businesses Krasnoyarsk Aluminum Plant (40 Ulitsa Pogranichnikov; +7 391-256-3898; rusal.ru ) is one of the major facilities of the world's largest aluminum maker, RusAl. Krasmash (Krasnoyarsky Machinery Plant) (29 Prospekt Imeni Gazety Krasnoyarsky Rabochy; +7 391-264-6601;...

Companies Unfreeze Education Budgets, Still Seek Value

By Yelena Vinogradova / Vedomosti

... spokesperson told Vedomosti. The program lasts one calendar year, including exams, internships and time for individual study that total 1,000 hours of academic instruction. The bulk of the internships were realized at the automaker GAZ, as well as at RusAl's aluminum factory in Bratsk. EMBA, MBA and re-specialization programs are interesting first and foremost to large businesses, which remain the main buyer on the corporate education market, Perepelitsa said. The interests of medium business are more often...

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