The role of state corporations in the economic development of the Russian Federation today: the case of Rostec State Corporation

DOI: 10.33917/es-4.196.2024.82-89

The reform of development institutions currently being carried out by the Government of the Russian Federation provides for their partial modernization and liquidation. At the same time, some institutions, in particular state-owned corporations, are not subject to reform due to the fact that their activities are strategically important and fully consistent with the goals of the country’s economic development. According to the authors of the article, the Rostec state-owned corporation today has positive experience in achieving the goals set by the state. The directions and results of Rostec’s activities during the sanctions period, industry and financial indicators, the execution of the state defense order and the share of civilian products, development directions in various sectors of the economy and innovative developments to ensure competitiveness in domestic and foreign markets are studied.

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