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10 June 2011
Today President Nursultan Nazarbayev Receives CEO of the United Company RUSAL Oleg Deripaska

Oleg Deripaska briefed the President on the results of the work of the joint venture which was established between UC Rusal and Samruk-Energo to operate the Bogatyr coal mine.

“Good results have been achieved. We also made a decision to modernize technology process in order to increase production output by 20 per cent. New technological decisions have been adopted to reduce pollutant emissions by 40 times. This issue is of crucial importance because it will reduce harmful effects of production on environment. We will continue our work to introduce technologies on reduction of air pollutant emissions and elaborate corresponding programs at the coal mines,” Oleg Deripaska stressed.

The plans for further expansion production and realization of investment projects were also discussed in the course of the meeting.

“We also discussed the issues related to our vehicle construction companies that belong to Russkie Mashiny, JSC. We have a memorandum on establishment of a joint venture. The memorandum will be approved and then in the coming one year and a half the assembly production line will be established. I positively value the investment climate in Kazakhstan. The presidents of Kazakhstan and Russia created a common platform within the framework of the Customs Union. The agreements signed within the framework of the EurAsEC and the Customs Union will open a new page in the development of our relations. It will create a common market where we are to compete due to efficiency increase. In this connection Kazakhstan has its advantages such as access to raw sources, favourable investment climate, tax policy, state and bank support,” Oleg Deripaska added.


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