May 30, 2017 9:58 AM ET

Industrial Conglomerates

Company Overview of OAO Oboronservis

Company Overview

OAO Oboronservis, through its subsidiaries, operates in aircraft repair and weapons, construction, trade, hotel services, agriculture and publishing businesses. The company was founded in 2008 and is based in Moscow, Russia.

ul. Znamenka, d.19

Moscow,  119160

Russia

Founded in 2008

Phone:

7 4959 51 22 81

Fax:

7 4997 90 92 21

Key Executives for OAO Oboronservis

Acting General Director
Compensation as of Fiscal Year 2016.

OAO Oboronservis Key Developments

Vnesheconombank and JSC Garnizon Agree to Cooperate

During the Russian Investment Forum in Sochi, the State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" and JSC Garnizon signed a cooperation agreement. The parties have agreed to develop and realize a number of measures for providing to JSC Garnizon financial and non-financial support in the course of execution of government defence orders, national programes for the defence industry complex, as well as investment projects and the projects implying the upgrade of the assets of JSC Garnizon and other Garnizon Holding members. Implementation of the agreement will boost the performance of the defence industry, the competitiveness of the defence and dual-purpose products produced by Russian manufacturers and aims, among other things, to support projects for the conversion of the defence industry factories to the production of civilian goods.

Ministry of Defense, To Sell Oboronservis’s Assets

The Ministry of Defense, Russian Federation will hold a tender for sale of the OAO Oboronservis’s assets in the Russian regions. Five building and a land lot for construction of an industrial facility will be auctioned off in November in the Yaroslavl and Ivanovo regions, as well as three land lots for construction of housing, and a pool of apartments in the Far East. The overall starting price totals RUB 294 million. A land lot of the 775 Artillery Repair Plant with an area of 17.70 ha in St. Petersburg will be put up for sale in December, over 80,000 m2 of housing may be built there. The starting price exceeds RUB 1 billon.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 9, 2016
Plot with area of 7.3 ha in Saint Petersburg
 

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