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Almaz-Antey is being transferred 100% of the shares of a Moscow-based enterprise that builds missiles

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Image source: © РИА Новости / Артем Житенев

Moscow. September 21. INTERFAX - JSC "Concern of East Kazakhstan Region "Almaz-Antey", specializing in air defense systems (air defense), will receive 100% of the shares of the "Voskresensky Aggregate Plant", which is engaged in the assembly and equipment of missiles, follows from the decree of the President of the Russian Federation.

The "Voskresensky State state-owned Aggregate Plant" is being transformed into JSC "Voskresensky Aggregate Plant", 100 % of whose shares are in federal ownership, according to a document published on the official portal of legal information on Tuesday.

100% of the shares of the "Voskresensky Aggregate Plant" are made as a contribution of the Russian Federation to the authorized capital of JSC "Concern of East Kazakhstan Region" Almaz-Antey " in the order of payment placed by the joint-stock company (Almaz-Antey) additional shares due to an increase in its authorized capital, the document notes.

The Voskresensky Aggregate Plant is being transferred to Almaz-Antey in order to " further develop the scientific and production potential of the Russian Federation, ensure the state's defense capability and improve the integrated structure for the development and production of weapons, military and special equipment for aerospace defense," the document says.

According to the company's website, the "Voskresensky State state-owned Aggregate Plant" (the city of Voskresensk, Moscow region) is a specialized enterprise in the field of assembly and equipment of jet ammunition. The plant has accumulated extensive experience in assembling and equipping anti-aircraft guided missiles, air - to - air and air-to-surface guided missiles, and cruise missiles, the website says.

On August 6, it became known that the Almaz-Antey concern, according to the decree of the President of the Russian Federation, will receive from federal ownership more than 11% of the shares of JSC Khabarovsk Radio Engineering Plant, as well as shares of a number of repair enterprises.

JSC "Concern of East Kazakhstan Region" Almaz-Antey " creates short -, medium-and long-range air defense systems.

On September 16, Russian Deputy Prime Minister Yuri Borisov announced the start of deliveries to the Russian military of the new S-500 Prometheus air defense system developed by Almaz-Antey. "State tests have just been completed and the first deliveries of this complex have begun. And that is not yet in the full nomenclature that Almaz-Antey must make at the request of the customer. These are such configurations of the complex of the agreed composition, " Borisov said then.

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