Transaero Airlines’ net loss rose by 46% in the first quarter of 2011 against the first quarter of 2010; the figures were calculated in accordance with the Russian Accounting Standards. The net loss thus came down to 350.67m RUR, the company reports. At the same time, the company made 175.35m RUR worth of net profit in the fourth quarter of 2010. The airline explains the drop in profits has to do with seasonal variations as well as with some extraordinary circumstances on the Russian air carrier market.

The Ural Federal District division of the Federal Financial Market Service issued Order 62-11-512/pz-I on May 10, 2011 that halts the issue of Sverdlovsk Region-based AKADO-Yekaterinburg ordinary registered paperless shares.

The net profit of the cement making company Sukholozhskcement dropped by 134.96m RUR, or 54% in the first quarter of 2011, that is, from 248.81m RUR in the fourth quarter down to 113.85m RUR in the first quarter of 2011. According to the company, this loss had to do with a 9% drop in cement sales revenues in the first quarter of 2011 compared with the fourth quarter of 2010. The decrease in revenues, in its turn, was brought about by the changing shipment volumes. What is more, the prime cost of the cement sale went up by 19%. The company’s other profits declined by 65%, mainly due to the

Sverdlovsk Region Arbitration Court made a local sole trader A. M. Frolova face administrative liability for selling counterfeited clothes. The legal action started when the owners of Burberry trademark applied to Sverdlovsk Region Department of Internal Affairs, asking to look into the illegal use of Burberry trademark by a clothes shop in Hermes Plaza mall in Yekaterinburg. The inspection that the police officers conducted resulted in confiscation of some clothing items, including those with Burberry labels. The examination of the confiscated produce proved that the clothes were fake and