Rostec

Rostec, formally the State Corporation for the Promotion of the Development, Manufacture and Export of High Tech Products and formerly Rostekhnologii, is a Russian state-owned defense conglomerate headquartered in Moscow. It was established in 2007 and groups about 800 enterprises into 15 holding companies, eleven in the defense industry complex and three in civil sectors. Its holdings have included the car maker AvtoVAZ, the truck maker KamAZ, the titanium producer VSMPO-AVISMA and the helicopter makers Mil and Kamov, which now sit inside the Russian Helicopters holding. It rebranded from Rostekhnologii to Rostec in December 2012 and has set a strategy to raise the civilian share of its revenue, which was 45 percent in 2022. Its enterprises are located in 60 constituents of the Russian Federation and supply goods to more than 70 countries.