Russia: State firm Rostec seeks merger with AFK Sistema units

Russia: State firm Rostec seeks merger with AFK Sistema units

Russian Antonov cargo plane.

Russian state technology firm Rostec could be merging one of it units with major Russian defence contractors. In a development reported by Kommersant on Monday, this could see Rostec’s Roseletronika company merge with defense companies RTI and Micron. These corporations are owned by the AFK Sistema conglomerate.

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