Executives of Basic Element group companies, including Russian Machines, Glavstroy, GAZ Group and UC RUSAL, were ranked seven times in the “Industrial elite of Russia - the top 100 manufacturing managers in 2012" report.

Oleg Deripaska, CEO of Basic Element and UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR) and President of En+ Group, and Zhang Guoqing, President of China North Industries Corporation, signed a framework agreement on strategic cooperation providing for the joint implementation of projects in the engineering, mining and metal sectors.

Basic Element, one of Russia's largest diversified business groups, announced that through its subsidies, it is studying the prospect of building a grain terminal at the Taman seaport with an annual capacity of 5 million tonnes.

In 2011 GAZ Group achieved the highest results in the history of the company in terms of net profit, net profit margin, and revenue per employee.

In 2011 the revenue of the company increased by 37%, EBITDA – by 49%, and net profit – by 4 times.

Bo Andersson, President/CEO of GAZ Group: “In 2011 we fulfilled all tasks that we had aimed at strengthening the company’s competitiveness. We increased sales, considerably improved financial results, renewed the model range and started implementation of joint projects with international automakers”.

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world’s largest aluminium producer, announces its results for the first quarter ended 31 March 2012.

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world’s largest aluminium producer, and China North Industries Corporation (NORINCO) are pleased to announce the operations start of North United Aluminium (NUA, the former Shenzhen North Investments) — the Shenzhen-based joint venture of RUSAL and NORINCO, specializing in aluminium, alloys and other non-ferrous metals trading on the Chinese market.