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Dmitry Medvedev signed a decree establishing an open joint stock company, Oboronservis, uniting a number of companies currently under the jurisdiction of the Ministry of Defence

September 16, 2008

Oboronservis will merge nine companies working in fields such as aircraft and weapons maintenance, construction, trade, hotel services, agriculture and publishing.

The decree is designed to optimise the structure of these organisations which are not dominant in their respective sectors of activity, but nevertheless in need of investments and modernisation.

After being registered by the state Oboronservis will become one of the Russian Federation’s strategic enterprises and strategic joint stock companies.

September 16, 2008