22 August 2003 10:04
Russia`s MiG aircraft corporation to remain fully state-owned
Moscow, 22 August: The MiG aircraft corporation is to be split into shares, and 100 per cent of those shares will be
placed in federal ownership, the head of the government information department, Aleksey Gorshkov, has told
journalists.
"There is no talk of selling shareholdings in the future MiG joint-stock company," Gorshkov noted.
He said that 2005 would see the creation of the "MiG Russian aircraft manufacturing corporation" holding
company. "A holding company will be set up by placing 100 per cent of the shares in the MiG aircraft corporation in
federal ownership, provisionally in 2005," Gorshkov said.
The holding company is being set up on the basis of the MiG aircraft corporation and a number of other aviation
industry enterprises. In particular, it will include the Nizhniy Novgorod-based aviation plant Sokol, the Tushino-based
machine-building design bureau Soyuz, the St Petersburg-based Krasnyy Oktyabr factory and a number of other
enterprises.
"In order to set up the holding company, the MiG aircraft corporation needs to be split into shares, and it is
for this reason that the MiG aircraft corporation was included in the privatization programme for 2004," Gorshkov
said.
He recalled that the special federal programme "Reform and development of the defence industry 2002-2006"
provides for the creation of large integrated structures in the defence industry.
"The process of setting them up is under way at the moment," Gorshkov said.
He noted that the creation of the Sukhoi joint-stock company will have been completed by the end of the year. In
accordance with the special federal programme, the "MiG Russian aircraft manufacturing corporation" will be
set up in the same way.
[Interfax news agency] |
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