OAO NII Uralelectrotyazhmash recently redistributed its shares among the current stockholders. The company reports Galina Pavlova’s shareholding was increased from 0.09% to 24.34%; that of Olga Pavlova was increased from 0.14% to 24.39%; that of Natalya Pavlova went up from 0.08% to 24.33%, and that of Anatoly Pavlov rose from 0.58% to 24.83%.

Sverdlovsk Region’s division of the Federal Antimonopoly Service is going to resume the hearing of the case featuring OOO Alcor-C (L’Etoile cosmetics chain store) on April 7, 2010. The company is accused of violating Article 18 (part 1) of the Federal Advertising Act through sending out text messages without the subscribers’ written consent to the action. The FAS’s regional division has earlier informed UrBC that Moscow-based OOO Alcor & Co that comprises OOO Alcor-C, the defendant, used the services of Moscow-based OAO Rapporto to have the text messages sent out to customers. These

The net loss of Gazprombank (one of Russia’s Top 5 banks) amounted to 966.9 million RUR in the first quarter of 2010 (in accordance with the Russian Accounting Standards). According to the bank’s report, its net profit reached 16.7 billion RUR in the first quarter of 2009 and 8.55 billion RUR in the last quarter of the year (in accordance with the Russian Accounting Standards), RIA Novosti says. The bank’s net profit declined by 2.3 times down to 9 billion RUR at the end of 2009. Gazprombank reports the profits dropped because the bank had to pay significantly more in terms of profit tax in

Rostechnadzor, the state technological, environmental, and nuclear safety watchdog completed its investigation of the recent accident at Yuzhnaya mine (Evraz Group’s Vysokogorskiy Ore Mining and Processing Enterprise). On February 18, 2010, the company’s boring apparatus operator was killed while drilling a drain hole in Spot 16 because of the faulty machinery and failing to comply with the safety requirements. Rostechnadzor reports the accident was caused by the use of a faulty boring apparatus, by poor organization of the work process, by the victim’s being drunk, and by lack of control

The net profit of OAO Nordea Bank went down by 11.31%, or 138.681 million RUR in the first quarter of 2010; the figures decreased from 1,226,101,000 RUR in the fourth quarter of 2009 to 1,087,420,000 RUR in the first quarter of 2010. The bank explains the decrease in the net profit has to do with the growing security and foreign currency transactions expenses; this kind of spending went up because of the changing exchange rates.