Today the management of JSC Stroytransgaz in the person of Mr. Gorelov Anatoly, First Vice President, and Mr. Mikhailov Alexander, governor of the Kursk oblast, signed a supplementary agreement to the treaty on cooperation in the field of agro-industrial sector of the region.

Wednesday, April 10, 2002

Today the management of JSC Stroytransgaz in the person of Mr. Gorelov Anatoly, First Vice President, and Mr. Mikhailov Alexander, governor of the Kursk oblast, signed a supplementary agreement to the treaty on cooperation in the field of agro-industrial sector of the region. In accordance with this agreement JSC Stroytransgaz will render assistance in renovation of basic assets and modernization of equipment of enterprises of processing industry of Dmitriev region including a plant of a flour mill complex, as well as extension of capacities of the bakery plant and macaroni line of JSC “Dmitrovskoe HPP”. The first stage of cooperation between the Kursk oblast and JSC Stroytransgaz took place a year ago when on the land of the Fatezhsk region a subsidiary of the company – JSC “Stroytransgaz-Agro” was established and registered. In this period owing to JSC “Stroytransgaz-Agro” many farms of the Fatezhsk region could replace old equipment or purchase new machinery, have stocks of fuel, fertilizer, seeds and be able during the coming spring to carry out in time the whole spectrum of farm work as harrowing, cultivation, application of fertilizers etc. And if previously such a natural cycle of preparation for sowing campaign was simply impossible because of lack of funds now the farmers understood that only nowadays there are chances for farms to increase the productivity of crops. Besides during the past year the machines and equipment were repaired in the local repair shop and on the basis of that shop it is planned to set up a maintenance and servicing center. In the “Chermoshnoe” farm a shop was constructed for processing of fruit and berry. Its first products as fruit juice, nectar and jam will be on sale already in April this year. Mr. Gorelov Anatoly has explained the interest of Stroytransgaz in the Kursk oblast as a fact of mutual benefit both for the oblast and JSC Stroytransgaz. “We are also prepared to participate in installing gas service for the Kursk oblast which is provided with “blue fuel” only by 17-20 per cent” said Mr. Gorelov Anatoly. As regards to the execution of the previously signed agreement on cooperation all the obligations undertaken by Stroytransgaz are being fulfilled.