Organizations · 1 story

Rostec

Rostec is a Russian state corporation that consolidates enterprises in the defence, industrial and aviation sectors. It was established in 2007 to manage state assets in strategic industries. Its holdings include arms manufacturers, aircraft and helicopter makers, and defence conglomerates such as Russian Helicopters, Kalashnikov and Almaz-Antey. The company's long-serving CEO is Sergei Chemezov. Rostec has been placed under international sanctions in connection with Russia's aggression against Ukraine.