Uralvagonzavod might get shares of machine-building companies
11 May 2011 (09:33)
Russia’s Ministry for Industry & Trade drew up a presidential decree on the transfer of seven Russian machine-building enterprises’ shares from the federal authorities to Uralvagonzavod, Kommersant reports.
The largest asset in question is a 42.5% shareholding in the Tver-based railway carriage-making plant TVZ.
The Ministry feels, the newspaper’s sources familiar with the notes accompanying the decree are referred to as saying, that the logic behind transferring the companies’ stock to Uralvagonzavod is that Russian Railways and its daughter enterprises happen to be the key customers of both enterprises’ civilian produce, so a consolidation of assets will facilitate corporate team-building and cooperation between the two businesses as well as will help to consolidate resources and improve on the quality of produce.
The largest asset in question is a 42.5% shareholding in the Tver-based railway carriage-making plant TVZ.
The Ministry feels, the newspaper’s sources familiar with the notes accompanying the decree are referred to as saying, that the logic behind transferring the companies’ stock to Uralvagonzavod is that Russian Railways and its daughter enterprises happen to be the key customers of both enterprises’ civilian produce, so a consolidation of assets will facilitate corporate team-building and cooperation between the two businesses as well as will help to consolidate resources and improve on the quality of produce.
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