Rostec

Rostec is involved in the nuclear weapons arsenal of the Russian Federation.

Nuclear Weapons |  Investments 

Company Profile

Rostec  is involved in engineering, manufacture, arms production, medical equipment, biotech and aircraft engineering, among others.1 The company reported 179.2 billion rubles in net profit in 2019 (the last date for which figures are available).2 Since Russia’s invasion in Ukraine, US agencies, in coordination with other G7 countries, have imposed sanctions on entities critical to Russia’s defense industrial base, including Rostec.3 As a result, all entities owned 50 % or more by Rostec are blocked. Rostec has also been sanctioned by Australia, Canada, the European Union (EU), New Zealand, Switzerland and the UK.

Contact information

24 Usacheva Street,
Moscow,
Russian Federation 119048
Email: info@rostec.ru
Website: https://rostec.ru/en/


Nuclear weapons

Rostec produces the Iskander-M missile system. SpecChemistry JSC, one of the Rostec entities, produces over 80% of necessary components for Russian missiles.4

Investments

2022 Investments

2022

Investor CountryLoansUnderwritingGrand total
NovikombankRussia$10.2 $10.2
SovcombankRussia$10.2 $10.2
VTB GroupRussia$3,000.0 $3,000.0
Grand total$3,000.0 $20.5 $3,020.5
2021 Investments

2021

3 Financial institutions made $3,074.2 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

Last updated: 2023-07-06 14:56:02

Notes

  1. About (2022) | Rostec. Available at: https://rostec.ru/en/about/ (Accessed: 11 August 2022).
  2. ‘Science. Overcoming Technologic Barriers. Annual Report, Rostec State Corporation 2019’ Rostec (2020), pp. 12-13. Available at: https://rostec.ru/upload/iblock/baf/baf448d95ffa8611fad46e0df57032df.pdf.
  3. U.S. Treasury Sanctions Nearly 100 Targets in Putin’s War Machine, Prohibits Russian Gold Imports (press release). U.S. Department of the Treasury, 28 June 2022. Available at: https://home.treasury.gov//news/press-releases/jy0838.
  4. ‘Science. Overcoming Technologic Barriers. Annual Report, Rostec State Corporation 2019’ Rostec (2020), pp. 152 and 187. Available at: https://rostec.ru/upload/iblock/baf/baf448d95ffa8611fad46e0df57032df.pdf.