The Federal Antimonopoly Service’s Sverdlovsk Region division imposed a 14.44-million-ruble fine on Sverdlovenergosbyt for violating the antimonopoly legislation, the spokesperson for the division reports. The Service completed the investigation of Sverdlovenergosbyt’s case on February 16, 2009, declaring that the company was guilty of violating Article 10 (part 1, paragraph 5) of the Competition Protection Act. The offense consisted in the company avoiding the capturing of the power supply contracts with two local sole traders (E.V. Mazitova and I.V. Romanova). Sverdlovenergosbyt claimed the

Uralsvyazinform (Sverdlovsk Region’s major telecommunications provider) recently came up with a performance report for the first quarter of 2009. According to the company’s official statement, their investments amounted to 288.1 million RUR in January-March 2009 (which falls short of the figures for a year earlier by 62.8%), 57% of which sum was directed to the development of their mobile network and new services; 12.1% of this amount was invested in the development of data communications network and infrastructure, and 10.6% and 7.7% were directed to landline network development and

AKB Probusinessbank’s BOD suggested that the bank’s stockholders vote for passing the registered ordinary share dividend for 2008 at the AGM on June 16, 2009 in Moscow. The Board also placed the issue of closing down the bank’s economic incentive fund on the upcoming meeting’s agenda. Probusinessbank runs Bank24.ru and VUZ-Bank in Sverdlovsk Region.

In order to get the funds necessary to eliminate the wage arrears, eleven buildings owned by Baranchinskiy Electromechanical Plant have been arrested. After this property has been assessed by the experts, the assets are to be sold out and the money used to pay off the enterprise’s debt (the wages first of all), the spokesperson for Sverdlovsk Region’s division of the Federal Court Officers Service reports. What is more, the company’s assets deposited at the banks and other financial organizations have been limited in that the plant cannot spend any of it at will, so these funds will be used

MRSK Urala Board of Directors decided to terminate the authority of two Supervisory Board members: Alexei Sedykh and Vladimir Kalsin. In addition to this, the BOD scheduled the company AGM for June 19, 2009. The meeting is to be held in Yekaterinburg. The stockholders have been recommended to pass the common stock dividend for 2008.