Approved list of Russian strategic companies includes 29 transport enterprises

The government commission for stabilizing the Russian economy has approved a list of strategic enterprises entitled to government support, press center of RF Government reports. The list includes 29 transport companies: RosMorPort FSUE, Transneft OJSC, Russian Railways OJSC, Sovcomflot OJSC including Novoship OJSC, Far-Eastern Shipping OJSC, Primorsk Shipping Corporation, Murmansk Shipping Company OJSC, Port, Moscow River Shipping Company, North Western Shipping Company, Port, Moscow River Shipping Company, North Western Shipping Company, Ob-Irtysh River Shipping Company, Volga Shipping, Lena United River Shipping Company OJSC, Novorossiysk Commercial Sea Port OJSC, Rostov Port OJSC, Aeroflot - Russian Airlines OJSC, Aviakompaniya LLC, Siberia Airlines OJSC, Transaero Airlines OJSC, UTair Aviation OJSC, Ural Airlines OJSC, International Airport Sheremetyevo OJSC including International Airport Vladivostok OJSC, East Line Group, International Airport Vnukovo OJSC, International Airport Pulkovo OJSC, International Airport Sochi OJSC, Koltsovo Airport OJSC, Tolmachevo Airport, International Airport Kaliningrad OJSC, Far Eastern Transport group OJSC.

Shipbuilding industry is represented by United Shipbuilding Corporation OJSC, Severnaya Verf OJSC, Sevmash OJSC, Admiralty Shipyards OJSC, Yantar OJSC, Baltiysky Zavod OJSC, Zvezdochka OJSC, Vyborg Shipyard OJSC, Amur Shipyard OJSC, Zvezda OJSC, Krasnoye Sormovo OJSC, Krylovski State Scientific Center FSUE, Sredne-Nevsky Shipbuilding plant OJSC.

The list, yet to be approved by the governmental commission to improve the resilience of Russia's economy, is not by any means definitive and can be amended by the commission. That a particular company has been picked does not immediately guarantee it financial aid, the government's press released indicated. The main task in dealing with companies on the list is to maintain their sustainability using not only credit instruments, but also other measures such as government guarantees, interest rate subsidies, back tax rescheduling, government orders, customs and tariff policies etc. If necessary, the government will also take action to mitigate the negative social and economic effect of their shutdown.

To monitor the financial, economic and social situation on an ongoing basis, the ministries and banks concerned will create joint working groups, which will decide whether to draft a rehabilitation plan for a particular company or continue monitoring its condition.

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Approved list of Russian strategic companies includes 29 transport enterprises

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