|
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ALROSA
Alrosa () is a Russian group of diamond mining companies that specialize in exploration, mining, manufacture, and sale of diamonds. The company leads the world in diamond mining by volume. Mining takes place in Western Yakutia, the Arkhangelsk region, and Africa. Alrosa is Russia's leading diamond mining and distribution company, accounting for 95% of Russian diamond production and 27% of global diamond extraction. The company's headquarters are located in Mirny (Sakha Republic) and Moscow. History The history of Alrosa dates back to 1954, when the first primary deposit of diamonds in the Soviet Union, the kimberlite pipe Zarnitsa, was found. In 1955 the Mir kimberlite pipe and the Udachnaya pipe were discovered. A total of fifteen primary diamond sources were found in 1955. In 1957, a decision was made to begin mining and production operations on alluvial and ore deposits in Yakutia. To manage the facility's construction and subsequent operations, the Yakutalmaz group o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ( for Controlled Active Satellite), or US-A, also known in the Western world as Radar Ocean Reconnaissance Satellite or RORSAT (GRAU index 17F16K), was a series of 33 Soviet reconnaissance satellites. Launched between ... naval reconnaissance satellites. References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inter RAO
Joint Stock Company Inter RAO UES (, 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 Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ... which exceeded US$10.5 billion at the end of 2011. In fiscal year 2011 the company reported a r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gazprom Neft
Gazprom Neft (; formerly Sibneft, ) 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 () 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 products distribution network) from Rosneft. In 1996 and 1997, Sibneft was privatised throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐsˈprom) is a Russian State-owned enterprise, majority state-owned multinational Energy industry, energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words ''gazovaya promyshlennost'' (, gas industry). In January 2022, Gazprom displaced Sberbank of Russia, Sberbank from the first place in the list of the List of companies of Russia, largest company in Russia by market capitalization. In 2023, the company's revenue amounted to 8.5 trillion rubles, a significant decline from the 11.7 trillion rubles it reported in 2022. Gazprom is Vertical integration, vertically integrated and is active in every area of the gas industry, including Hydrocarbon exploration, exploration and Extraction of petroleum, production, refining, Petroleum transport, transport, Midstream, distribution and marketing, and Electricity generation, power generation. In 2018, Gazprom produced twelve per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FGC UES
SOE FGC UES () is a state-owned energy company based in Moscow, Russia. It is Russia's largest supplier of electrical power. The company is listet on 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 No. 109) The charter capital of UES FGC was 127 billion roubles. It was paid in cash and by transmission grids owned by RAO UES. UES FGC was registered on 25 June 2002. On 1 July 2008, FGC UES was divided off from RAO UES. At the same time, a single operating company was created by merging with 54 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal State Unitary Enterprise Experimental Factory Of Scientific Engineering Russian Academy Of Sciences
EZAN () 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 Council of Ministers is a traditional name given to the supreme Executive (government), executive organ in some governments. It is usually equivalent to the term Cabinet (government), cabinet. The term Council of State is a similar name that also m .... 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 #1972 - 1986 B. S. Kononov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deposit Insurance Agency Of Russia
Deposit Insurance Agency (DIA) ( (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. Participation in the deposit insurance system is mandatory for all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Channel One Russia
Channel One ( rus, Первый канал, r=Pervý kanal, p=ˈpʲervɨj kɐˈnal, t=First Channel) is a Russian Television in Russia, federal television channel. Its headquarters are located at Ostankino Technical Center near the Ostankino Tower in Moscow. The majority of its shares are owned or indirectly controlled by the state. It was created by decree of Russian president Boris Yeltsin to replace Ostankino Television Channel One, which in turn replaced Programme One in 1991. From April 1995 to September 2002, the channel was known as Public Russian Television (, ORT ). The main news programmes are ''Vremya'' and ''Novosti (TV program), Novosti''. Channel One's main competitors are the Russia-1 and NTV (Russia), NTV channels. The channel has 2,443 employees as of 2015. 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 Decree of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bazalt
NPO Bazalt () 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 of ammunition were transferred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
