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Russian government ready to consider long-term development plans for strategic enterprises

A development program of any Russian company, which has strategic importance, can be submitted to the government for discussion

Russia's prime minister Dmitry Medvedev ITAR-TASS/Alexander Astafyev

Russia's prime minister Dmitry Medvedev

© ITAR-TASS/Alexander Astafyev

MOSCOW, January 30. /ITAR-TASS/. The Russian government will continue considering long-term development plans for strategically important enterprises and joint-stock companies, Russian Prime Minister Dmitry Medvedev told a cabinet meeting on Thursday.

“As you may know, the government has already started discussing long-term development plans for such companies and enterprises after an expert discussion, and we would go ahead with this process,” Medvedev emphasized.

Medvedev urged the government and cabinet ministers to meet the board of directors of companies that are partly owned by the state more frequently but warned such meetings did not mean any interference in the process of running those companies.

“However, we should have our finger on the pulse. This has got nothing to do with state interference in the affairs of companies. It is just a necessary element of state control over decision making in companies with state participation,” Medvedev explained.

The cabinet of ministers will continue considering long-term development plans for strategic enterprises. A development program of any Russian company, which has strategic importance, can be submitted to the government for discussion.

The Russian Ministry of Economic Development has recently proposed dividing strategic companies into four groups dependent on the level of urgency with which the government, vice-premiers or specialized government commissions are going to discuss their development plans.

“Let us agree that the government will consider a development plan for any company irrespective of its size or sphere of activity on my special order at any government meeting or at a conference which I am going to hold,” Medvedev said.

The prime minister added that apart from the defense sector strategically vital companies and enterprises also existed in other industries such as transport, shipbuilding, aircraft building, communication and TV and radio broadcasting.

All of them have been included in a government-approved list.

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