Russian State Corporation
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Rostec, officially the State Corporation for Assistance to Development, Production and Export of Advanced Technology Industrial Product Rostec and formerly Rostekhnologii, is a Russian state-owned holding conglomerate headquartered in Moscow that specializes in consolidating in strategically important companies, mainly in the defense and high-tech industries, by assisting in the development, production and export with the ultimate goal of capitalizing them and bringing them to an initial public offering (IPO).
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