Radio Aids Plant is not going to pay any share dividend for the year 2011. This decision, taken at the annual general meeting, has been reported via the plant’s official announcement. The company’s press release states their net profit for last year will be directed to R & D and invested into new equipment, MFD InfoCenter reports.

Sverdlovsk Region Arbitration Court admitted that the tax authorities’ claims against OAO Oil Plant are well grounded. The Interregional division of Russia’s Federal Tax Service for Sverdlovsk Region’s largest taxpayers carried out an in-house tax audit of the plant’s VAT declaration. The results of the inspection were presented in the Act dated July 28, 2011; after the report had been studied and the taxpayers’ claims accounted for, it was decided to reject the demands to make the plant face tax liability and not to allow the tax deduction option in what regards the tax declaration for the

Sverdlovsk Region Arbitration Court has accepted Bank Uralsib’s application regarding being placed on the list of Ural-Hotel-Standard’s creditors; the bank’s claims amount to 432.01m RUR. The same decision was made in relation to Bank VTB, whose claims come to 651.17m RUR. Both claims are to be heard on June 20, 2012. Now on April 12, 2012 an observation procedure involving Ural-Hotel-Standard was launched. Sergey Ryvkin was appointed the debtor’s trustee in bankruptcy. At the same time, the Internal Affairs Ministry keeps investigating another case. According to the Ministry’s Main

The Italian company Officine Meccaniche Pejrani srl made the installation of Newster-10 and Newster-5 apparatuses illegal in Yekaterinburg. The petition to this extent was sustained by Sverdlovsk Region Arbitration Court. The company manufactures medical equipment, including medical waste recycling units. Officine Meccaniche Pejrani srl went to court asking for the protection of its exclusive rights over the invention related to thermal sterilization/disinfection of waste (Russian Federation Patent 2128522) through forbidding the defendant (Germed Technologies) to import to Russia, sell, put

Uraltransbank reduced the amount of its financial claims to the founder of Fond Mira Igor Dulebints down to 10.06m RUR. Sverdlovsk Region Arbitration Court sustained the bank’s petition to this extent. Igor I. Dulebints had to undergo an observation procedure in October 2012 after a corresponding application had been submitted by his creditor A. Davydkov. On February 20, 2012 the court ruled that Dulebints had to undergo bankruptcy proceedings. On March 22, 2012 a claim was placed with Sverdlovsk Region Arbitration Court by Ural Transport Bank (Uraltransbank); the bank wanted to be on the