State-owned Enterprises Of Russia
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State-owned Enterprises Of Russia
Russian government ownership of various companies and organizations, collectively known as state-owned enterprises (SOEs), still play an important role in the national economy. The approximately 4,100 enterprises that have some degree of state ownership accounted for 39% of all employment in 2007 (down from over 80% in 1990). In 2007, SOEs controlled 64% of the banking sector, 47% of the oil and gas sector, and 37% of the utility sector. State corporations are established by the Russian government to boost industrial sectors. Rosstat figures show that 529,300 enterprises are partly or wholly owned by the state, of which between 30,000 and 31,000 are commercial companies (generating revenue). The 54 largest enterprises account for over two-thirds of the total revenues generated by state-owned organizations. SOEs account for 40% of the capitalization on the Russian stock market, one of the highest shares in the world. Legal form Russian state-owned companies are typically establish ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Krasnaya Zvezda State Enterprise
Krasnaya Zvezda State Enterprise (''GP Krasnaya Zvezda'', ГП Красная звезда, meaning Red Star) is a Russian state enterprise that researches and produces nuclear power systems for spacecraft. It was established in 1972, is located in Moscow and is subordinated to Rosatom. which references ''"Dostizheniye tseli: gosudarstvennomy predpriyatiyu 'Krasnaya Zvezda'--25 let," Atompressa, no. 45 (281), December 1997, p. 2.'' and ''"KRASNAYA ZVEZDA" State Enterprise: "KRASNAYA ZVEZDA," Nuclear Business Directory (Moscow: IBR Corporation, 2000), p. 136.'' Krasnaya Zvezda developed the Bouk (Buk) and TOPAZ (Topol') reactors for spacecraft. 31 Bouk and 2 TOPAZ were used on RORSAT Upravlyaemy Sputnik Aktivnyy (russian: Управляемый Спутник Активный for Controlled Active Satellite), or US-A, also known in the west as Radar Ocean Reconnaissance Satellite or RORSAT (GRAU index 17F16K), was a series of ... naval reconnaissance satellites. Reference ...
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Inter RAO
Joint Stock Company Inter RAO UES (russian: Публичное акционерное общество «ИНТЕР РАО ЕЭС», short form: Inter RAO), traded as, is a diversified energy holding company headquartered in Moscow, Russia. Its business includes power and heat generation, electricity supply, international energy trading, engineering, design and development of electric power infrastructure. In addition to its assets in Russia it controls several energy companies outside Russia including thermal and hydro power plants, grid operators and energy traders. It holds a monopoly on the export and import of electricity in Russia. Inter RAO is one of the largest Russian public energy companies by market capitalization which exceeded US$10.5 billion at the end of 2011. In fiscal year 2011 the company reported a revenue of USD 18.24 bn (versus USD 15.28 bn in 2010) and net income of $1.41 billion (vs $614 million in 2010). At the end of 2011, Inter RAO Group ...
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Gazprom Neft
Gazprom Neft (russian: Газпром Нефть; formerly Sibneft, russian: Сибнефть, link=no), is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom, which owns about 96% of its shares. The company is registered and headquartered in St. Petersburg after central offices were relocated from Moscow in 2011. By the end of 2012 Gazprom Neft accounted for 10% of oil and gas production and 14.6% of refining activities in Russia. Production volumes in 2012 increased by 4.3% in comparison with 2011, refining throughput grew by 7%, revenue was up 19.5% with EBITDA and net profit advancing by 7.7% and 9.9% accordingly. History Gazprom Neft was created under the name Sibneft (russian: Сибнефть) in 1995 by the transfer of state owned shares in Noyabrskneftegas (production unit), the Omsk Refinery (Russia's largest oil refining complex), Noyabrskneftegasgeophysica (exploration) and Omsknefteprodukt (oil pr ...
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Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue. In the 2020 ''Forbes'' Global 2000, Gazprom was ranked as the 32nd largest public company in the world. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest companies in Russia by market capitalization. Gazprom is vertically integrated and is active in every area of the gas industry, including exploration and production, refining, transport, distribution and marketing, and power generation. In 2018, Gazprom produced twelve percent of the global output of natural gas, producing 497.6 billion cubic meters ...
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FGC UES
OAO FGC UES (russian: Федеральная сетевая компания Единой энергетической системы, Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy, Federal Grid Company of Unified Energy System) is a state-owned energy company located in Moscow, Russia. It is the country's largest transmission grid company. The company is listed at the Moscow and London stock exchanges with 80.13% of shares owned by Rosseti. History In 2001, the Government of Russia reformed the Unified Energy System of Russia to create a unified national energy network, which includes a system of trunk lines, uniting most regions. For its operation, the Federal Grid Company (FGC UES) was created. In November 2001, the Board of Directors of RAO UES defined the stages of creation of FGC UES. The company was established on 25 January 2002 as a subsidiary of RAO UES.(Minutes 25 January 2002 № 109) Charter capital of UES FGC was 127 billion roubles. It was ...
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Federal State Unitary Enterprise Experimental Factory Of Scientific Engineering Russian Academy Of Sciences
EZAN (russian: ФГУП ЭЗАН) is a Russian company that produces a wide range of equipment for science, industry, telecommunications, transport and energy. History Construction of the Experimental Factory of Scientific Engineering of the USSR began in 1970 according to the decision of the Council of Ministers A council is a group of people who come together to consult, deliberate, or make decisions. A council may function as a legislature, especially at a town, city or county/shire level, but most legislative bodies at the state/provincial or natio .... The plant began work in 1973. Initially, acting director of the organizing EFSE played one of the founders of Chernogolovka F. Dubovitsky. Managers #1970 - 1972 F. I. Dubovitsky — director-organizerHistory of The Research Center in Chernogolovka
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Deposit Insurance Agency Of Russia
Deposit Insurance Agency (DIA) (russian: Агентство по страхованию вкладов (АСВ)) is a Russian state corporation (non-profit organization) established in January 2004 to manage operation of the deposit insurance system in the Russian Federation. DIA pays insurance compensations to depositors of failed banks. DIA also exercises bankruptcy administrator functions of insolvent banks, non–governmental pension funds and insurance companies, it is responsible for resolution of banks and managing the system of guaranteeing the rights of insured persons in the mandatory pension insurance system. Deposit insurance The deposit insurance system in the Russian Federation operates in accordance with the Federal Law No.177–FZ of December 23, 2003 “On Insurance of Deposits in Banks of the Russian Federation”. The deposit insurance system (DIS) provides protection to depositors that have accounts in Russian banks up to the coverage limit established by law ...
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Channel One Russia
Channel One ( rus, Первый канал, r=Pervyy kanal, p=ˈpʲervɨj kɐˈnal, t=First Channel) is a Russian state-controlled television channel. It is the first television channel to broadcast in the Russian Federation. Its headquarters are located at Ostankino Technical Center near the Ostankino Tower in Moscow. From April 1995 to September 2002, the channel was known as Public Russian Television ( rus, Общественное Российское Телевидение, r=Obshchestvennoye Rossiyskoye Televideniye, ORT ). History When the Soviet Union was abolished, the Russian Federation took over most of its structures and institutions. One of the first acts of Boris Yeltsin's new government was to sign a presidential decree on 27 December 1991, providing for Russian jurisdiction over the central television system. The 'All-Union State TV and Radio Company' ( Gosteleradio) was transformed into the 'Russian State TV and Radio Company Ostankino'. A presidential d ...
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Bazalt
NPO Bazalt (russian: НПО «Базальт») is a weapons manufacturing company in Russia that took over (or continued) the production of weapons such as the RPG-7 after the collapse of the Soviet Union. NPO Bazalt manufactures the RPG-7V2 and the RPG-29. AO NPO Bazalt is included in the state corporation Rostec. History Bazalt was founded in 1916. Over its history, the company created 700 models of ammunition for military use. Bazalt is one of the leading designers and developers of many variants of aircraft bombs, anti-tank and anti-saboteur marine grenade launcher complexes, mortar shells of many variants, and calibers and other kinds of ammunition. The company's most famous product is the RPG-7, developed in the 1960s and used by the armies of over 40 countries, with over one million having been built by the company or on license by 2004. Ammunition developed by Bazalt is used by the armed forces of over 80 countries in the world. Licenses for production of 61 types ...
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