Since September 1, 2006 on the enterprisers of EIA were increased the wages and was started the realization of the long-term housing program - press-release

/KASE, October 9, 06/ - Department of public relations of Eurasian industrial association (EIA) had spread today the press-release in which it is informed about increasing of wages and stating of realization of the long-term housing program on the enterprisers of EIA. In the press-release the following is informed: Quotation begin On the enterprisers of Eurasian industrial Association the wages were increased. Since September 1 2006 - on Transnational company Kazchrome JSC, Aluminum of Kazakhstan JSC, Euro-Asian energy corporation JSC, Zhayremskiy ore mining and processing enterprise JSC and Shubarkol komir JSC. On Sokolovsko-Sarbayskoe ore mining and processing enterprise it is foreseen the step by step increasing: since October 1 and November 1, and since new year, if the positive financial results would be reached, it will be pay the quarterly extra charge for long service. As a whole on all enterprisers the increase of average wage in comparison with the level of the last year totals almost 22%. The increase of the wages encloses more then 56 thousand workers. Starting from year 2003 it is the fourth increasing. Now in TNC Kazchrome JSC considering the September's increase the indicator of the average wage of founder of the sixth class of the melting workshop of Aksuskiy plant of ferroalloys exceeds 100 thousands tenge. The wage of driver of the sixth class of Donskoy OMPE totals more then 120 thousands tenge. "Since September 2006 the enterprisers of EIA started the realization of the large housing program, - says Zaure Zaurbekova, vice-president of EIA over finances and economics. - Yearly about 800 workers of mining and smelting complex of EIA will be provided with habitation. The approximate volume of costs of enterprisers only during 2007-2008 will total in 25 m. US dollars a year. The program will be realized in two main directions: building of the housing by the funds of enterprisers, with the further selling of flats at the prime costs to the workers on time of 15 years, and building or repair of the departmental habitation of the small families type, with next opportunity of privatization after 10 years. Quotation end [2006-10-09]