199 Russian companies listed for state aid

199 Russian companies listed for state aid: Russia’s Ministry for Economic Development yesterday published a list of 199 major companies that it considers of strategic importance and therefore eligible for state aid. The list includes

  • Aerospace: United Rocket and Space Corporation (URSC)
  • Agribusiness & Fertilisers: Rusagro, Uralkali and Acron 
  • Airlines: Siberia Airlines, Ural Airlines, UTAir, Aeroflot and Transaero
  • Airports: Domodedovo, Pulkovo and Sheremetyevo
  • Automotive: KamAZ, Renault and Sollers
  • Construction & Real Estate: Inteko, SU 155
  • Energy: Rosatom, Rossetti, Gazprom, Lukoil, Rosneft, Novatek and Transneft
  • Metals & Mining: Severstal, Evraz, Alrosa, Mechel, Rusal  and  Norilsk Nickel
  • Retail: X5, Auchan,  36.6,  Protec, Dixy Group, M. Video, and Metro Cash & Carry
  • Telecoms: Vimpelcom and MegaFon
  • Transport: Russian Railways

The multi-sectoral AFK Sistema holding company and the Mail of Russia postal services are also on the list.The  profits from these 199 firms accounted for 70%  percent of the country’s gross national income and employed over 20% of the country’s workforce, the ministry said. They would therefore be given priority in seeking state aid, although it is not yet clear under what criteria. The Moscow Times, Rosbalt