Rostec will receive 75 shares of joint stock companies

Rostec will receive 75 shares of joint stock companies


The shares are transferred as a property contribution of the Russian Federation. The organizations carrying out the state defence order on a number of key critical technologies, control over execution of which is vested in the state Corporation rostec.

MOSCOW, 27 Jan. The state Corporation rostec transferred federally owned shares of joint stock companies 75 as a property contribution of the Russian Federation, follows from the document on the website of the Cabinet of Ministers.

The corresponding decree was signed by Prime Minister Dmitry Medvedev.

According to the reference document, as a result of implementation of Federal target programs in the Federal property formed the shareholdings of a number of organisations joint stock companies shall be transferred to the state Corporation as a property contribution of the Russian Federation on the basis of the decision of the government.

“These organizations are fulfilling the state defence order on a number of key critical technologies, control over execution of which is vested in the Corporation,” — said in reference to the document.

According to the Cabinet of Ministers, the decision will allow for the consolidation of blocks of shares of organizations in the state to prevent “erosion” of the state Corporation share in the Charter capital of joint stock companies and control over their activities.