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State Corporation (Russia)
State Corporation () is a non-membership non-commercial organization, a type of legal entity in Russia introduced in 1999 (Article 7.1, NCO Law). Each state corporation is created by a separate Russian federal law. These state corporations are non-profits established only under a federal law and are different from all the other organizations referred to in the mass media as "state corporations". They are regulated by bespoke legislation. According to the law, a state corporation is wholly owned by the Russian Federation directly, bypassing the Federal Agency for State Property Management. For example, VEB was used as an off-budget funding vehicle for the state's special projects. VEB is overseen by a nine-member board that puts Dmitriyev together with seven government ministers and a representative of the Kremlin. An opaque organization held firmly controlled by President Vladimir Putin, Vneshekonombank (VEB) was used to finance the Winter Olympics in Sochi and extend Russian fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Entity
In law, a legal person is any person or legal entity that can do the things a human person is usually able to do in law – such as enter into contracts, lawsuit, sue and be sued, ownership, own property, and so on. The reason for the term "''legal'' person" is that some legal persons are not human persons: Company, companies and corporations (i.e., business entities) are ''persons'', legally speaking (they can legally do most of the things an ordinary person can do), but they are not, in a literal sense, human beings. Legal personhood is a prerequisite to capacity (law), legal capacity (the ability of any legal person to amend – i.e. enter into, transfer, etc. – rights and Law of obligations, obligations): it is a prerequisite for an international organization being able to sign treaty, international treaties in its own legal name, name. History The concept of legal personhood for organizations of people is at least as old as Ancient Rome: a variety of Coll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oboronlogistics
State Corporation () is a non-membership non-commercial organization, a type of legal entity in Russia introduced in 1999 (Article 7.1, NCO Law). Each state corporation is created by a separate Russian federal law. These state corporations are non-profits established only under a federal law and are different from all the other organizations referred to in the mass media as "state corporations". They are regulated by bespoke legislation. According to the law, a state corporation is wholly owned by the Russian Federation directly, bypassing the Federal Agency for State Property Management. For example, VEB was used as an off-budget funding vehicle for the state's special projects. VEB is overseen by a nine-member board that puts Dmitriyev together with seven government ministers and a representative of the Kremlin. An opaque organization held firmly controlled by President Vladimir Putin, Vneshekonombank (VEB) was used to finance the Winter Olympics in Sochi and extend Russian fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporations
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in Corporate law, law for certain purposes. Early incorporated entities were established by charter (i.e., by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through List of company registers, registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: whether they can issue share capital, stock, or whether they are formed to make a profit (accounting), profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this articl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organizations Based In Russia
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Types Of Business Entity
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country. For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, for example: *private company limited by shares or Ltd. (United Kingdom, Ireland, and the Commonwealth) *public limited company (United Kingdom, Ireland, and the Commonwealth) *limited partnership * general partnership * chartered company *statutory corporation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Corporation
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 ent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Joint-stock Company
A public joint-stock company, abbreviated PJSC (, abbreviated ) or open joint-stock company, abbreviated OJSC (, abbreviated ), is a type of company in many successor states of the Soviet Union, particularly in Russia. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders. These public stock companies are somewhat comparable to corporations under US law. Examples in Commonwealth of Independent States, CIS See also * Types of business entity in Russia * Government-owned corporation#Belarus * Unitary enterprise References External links Public joint-stock company at International Legal Corporation Economy of Russia Types of business entity {{Russia-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rusnano
Rusnano Group () is a Russian state-established and funded company. The Rusnano Group's mission is to create competitive nanotechnology-based industry in Russia. Rusnano invests directly and through indirect funds into all major knowledge-based areas where nanotechnology is widely implemented: electronics, optics, Telecommunication, telecom, classic and renewable energy, healthcare and biotechnology, materials and metallurgy, engineering and chemistry. In 2020 the government of Russia has merged it with VEB.RF. As of 2017 100% shares of Rusnano were owned by the Russian government. In 2015 Rusnano had 16 investment projects. It invested into about 97 plants and R&D companies in 37 regions of Russia. In 2016 many such enterprises were either dissolved, bankrupted or repurposed (see. below). In 2016 the company was on the verge of bankruptcy significantly Devaluation, devaluating below the Equity (finance), equity levels but managed to recover. In November 2021 trade of company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roscosmos
The State Corporation for Space Activities "Roscosmos", commonly known simply as Roscosmos (), is a State corporation (Russia), state corporation of the Russian Federation responsible for space science, space flights, List of space agencies, cosmonautics programs, and aerospace research. Originating from the Soviet space program founded in the 1950s, Roscosmos emerged following the dissolution of the Soviet Union in 1991. It initially began as the Russian Space Agency,, ''Rossiyskoye kosmicheskoye agentstvo'', or RKA (). which was established on 25 February 1992 and restructured in 1999 and 2004 as the Russian Aviation and Space Agency, ''Rossiyskoye aviatsionno-kosmicheskoye agentstvo'', commonly known as (), established on 25 May 1999. and the Federal Space Agency (Roscosmos), (Роскосмос), ''Federalnoye kosmicheskoye agentstvo (Roskosmos)''. respectively. In 2015, the Federal Space Agency (Roscosmos) was merged with the United Rocket and Space Corporation, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rosatom
State Atomic Energy Corporation Rosatom (commonly referred to as Rosatom rus, Росатом, p=rosˈatəm}), also known as Rosatom State Nuclear Energy Corporation, (), or Rosatom State Corporation, is a Russian State corporation (Russia), state corporation headquartered in Moscow that specializes in Nuclear power in Russia, nuclear energy, nuclear non-energy goods and high-tech products. It was established in 2007 and comprises more than 350 enterprises, including scientific research organizations, a Nuclear weapon, nuclear weapons complex, and the world's only Nuclear-powered icebreaker, nuclear icebreaker fleet. The organization is the largest electricity generating company in Russia, producing 217.4 TWh of electricity, 20.28% of the country's total electricity production. The corporation ranks first in overseas nuclear power plant construction, responsible for 90% of global nuclear technology exports: 22 nuclear power plant units, at different stages of development, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rostec
Rostec, formally trading as State Corporation "Rostec", fully the State Corporation for the Promotion of the Development, Manufacture, and Export of High Tech Products "Rostec" and formerly Rostekhnologii, is a Russian State corporation (Russia), state-owned defense Conglomerate (company), conglomerate headquartered in Moscow. Established in 2007, the organization comprises about 800 enterprises, which together form 15 holding companies: eleven in the Defense industry of Russia, defense-industry complex and three in civil sectors. Rostec's organizations are located in 60 constituents of the Russian Federation and supply goods to over 70 countries worldwide. The organization is headed by Sergey Chemezov, appointed to the position by Russian President Vladimir Putin. The 2014 EU sanctions listing for Chemezov describes how Rostec subsidiaries supported Russia's annexation of Crimea. History On 23 November 2007, President of Russia, Russian President Vladimir Putin signed federal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
