COMPANY NEWS.

1. ARKHANGELSK GEOLOGISTS LOST A COMPETITION.
2. CONSTRUCTION OF BUREYSKAYA HYDRO POWER PLANT IN THE AMUR REGION - THE MOST
   GIGANTIC CONSTRUCTION SIGHT ON THE FAR EAST - WILL BE FROZEN.
3. IZHMASH WILL GET A JAPANESE CREDIT.
4. AVTOVAZ RAISING WAGES.
5. RUSSIAN CENTRAL TELEGRAPH OFFICE GOT A GRANT FROM THE GOVERNMENT OF THE USA.
6. LAST WEEK THE JOINT STOCK COMPANY OKB IM. YAKOBLEVA RECEIVED THE
   GOVERNMENTAL RESOLUTION # 162 OF FEBRUARY 20 "ON THE CONSTRUCTION OF THE
   AIR PLANE YAK-48".