Russia’s Federal Antimonopoly Service fined OOO Peugeot Citroen Rus for running misleading advertisements on car loans for their Peugeot 308 and Peugeot 207 makes. The fine amounted to 110,000 RUR. The violation of the Advertising Act consisted in that only one loan term (the annual interest rate) was mentioned in the advertising clips on Peugeot 308 and Peugeot 207. ‘The fact that only one particular car loan term was referred to in the Peugeot 308 and Peugeot 207 ads means that the consumer who is interested in the service is unable to get sufficient information on this service. This, in

The press service of Russian Authors Society (RAO) reports Sverdlovsk Region Court rejected the complaint placed by Salut Movie Theater on Yekaterinburg’s Leninsky District Court’s ruling regarding the payment of royalties to foreign composers. ‘Given the decision taken by the court, Salut representatives’ comments on how RAO allegedly misinforms the public about the position movie theaters take in court disputes and on how courts tend to support these movie theaters in their judgment look unconvincing,’ RAO reports. In 2011, two claims RAO placed against movie theaters were left unheard for

Harley-Davidson’s official dealer representation will be opened in Yekaterinburg in the first half of March 2012. ‘The final decoration jobs are being completed, and all the necessary equipment is being installed,’ the store’s website states. It is also reported that the Harley-Davidson Yekaterinburg representation is a member of Harley-Davidson Group. OOO Motorcycle No. 1 (Harley-Davidson’s official dealer in Yekaterinburg) explains the store will be selling both new and used motorcycles.

The household appliances and electronic goods store Technosila closed down its outlet in Fan Fan Shopping Mall in Yekaterinburg. The store has already been replaced by another chain, Eldorado. This means Technosila now operates only two stores in Yekaterinburg, that is, in Greenwich and Park House malls. In fact, the outlet in Park House might soon stop operating as well. Manhattan Real Estate Management’s Yekaterinburg branch informed UrBC that yet another electronic goods chain, Media Markt, is about to open on the third floor of the mall. The German hypermarket is expected to use the area

Sverdlovsk Region’s Minister for Public Property Management Vitaly Nedelsky will not take part in the re-election of Koltsovo Airport’s Board of Directors by the stockholders. The decision was made by the airport’s BOD. It was suggested that Sverdlovsk Region should be represented on the board by Deputy Head of Sverdlovsk Region Government and Head of Administration Pavel Korolev and Transport & Roads Minister Gennady Marenkov. Nedelsky and Marenkov were both elected on the airport’s BOD in September 2011 in the course of an extraordinary general meeting.