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List of strategically important companies has been amended

June 18, 2010

Dmitry Medvedev signed an Executive Order introducing changes to the list of strategically important companies, which had been approved by Presidential Executive Order No 1009 of August 4, 2004.

A number of federal unitary enterprises and joint stock companies have been excluded from the list, in particular, organisations where the Government share of the authorised capital was lower than a controlling stake, with the exception of OAO Transinzhstroi, OAO Gazprom, Korolev Rocket and Space Corporation Energia and Channel One. In the above companies the Government is in fact a majority shareholder due to the share capital structure.

In addition, companies undergoing bankruptcy proceedings and lacking a feasible recovery programme, as well as a number of federal state companies in the defence industry complex that do not have significant state orders, have been also excluded from the list.

June 18, 2010