vlad.tribnet.com / Issue #166 / Business / Reading article...

Plant develops deposit

The Yaroslavsky Ore-Concentrating Plant recently began developing a new fluorite deposit that will last the company 50 years. Primorye Gov. Yevgeny Nazdratenko said the plant was a model for reviving companies in financial crisis. A commission comprised of Krai Duma and administration members had worked four months with federal agencies to halve the railway tariff for the plant, waive some krai taxes and ask Russian Prime Minister Sergei Kiriyenko for a 15 percent protective tariff on similar fluorite ore imported from Mongolia.

Krai goods touted abroad

A Japanese exhibition in the Tottori prefecture has asked the krai administration to supply exhibits from several Primorye companies to represent culture, customs and traditions of the region. Companies selected by the administration for participation are Artistic Ceramics from Spassk-Dalny, Vladivostok and Artyom porcelain factories, the Vladivostok-based clothing factory Zarya, and Ussurisk-based liquor producer Ussurisky Balsam. Last year, a similar exhibition attracted 2 million visitors.

Primorskugol becomes holding company

The coal company Primorskugol will become a holding company following its annual shareholders’ meeting April 24, said the company’s press center chief Boris Krivolapov. Shareholders plan to make a number of its mines, including Pavlovskoye strip mine and Lipovetskoye mine, subsidiaries of the new holding company.