UTair Engineering BOD recommended that the stockholders vote for passing the dividend for the year 2010 at the upcoming AGM on June 22, 2011, the company’s press service reports. The dividends will probably not be paid because the company’s losses amounted to 94.63m RUR last year.

The European and American inflation rates have left the Russian ones behind, says the statistical report provided via the website of Russia’s Federal State Statistics Service on the inflation in Russia and abroad. According to Rosstat, the inflation rates came to 0.4% in Russia in march 2011, whereas in the EU inflation reached 0.5% on average, and the inflation rates for the United States were registered at 0.6% on average. In April 2011, consumer prices went up most dramatically against March 2011 in Byelorussia (4.5%), Malta (2.1%), and Cyprus (1.4%). Prices actually went down in one

Uralkhimmash Board of Directors suggested that the enterprise’s stockholders vote for passing the dividend on either ordinary registered shares or type A preferred registered shares for the year 2010. The recommendation was made because the company sustained some losses in the past financial year. The agenda of the upcoming annual general meeting also covers issues like confirming the changes in the company’s charter and adopting a new edition of the provision on the BOD.

Pervouralsk New Pipe Plant (a member of ChTPZ Group) was declared one of Sverdlovsk Region’s best taxpayers in the year 2010. This decision was made by a special board of experts at a meeting in the region’s Ministry for Industry. The awarding ceremony will take place in June 2011.