Government

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Rostec

Rostec was formed in 2007 by presidential decree to consolidate Russian defense and industrial assets. Sergey Chemezov has served as CEO from the outset.

Rostec logo

Rostec

Rostec was formed in 2007 by presidential decree to consolidate Russian defense and industrial assets. Sergey Chemezov has served as CEO from the outset. The corporation operates as the primary vehicle for state ownership in aerospace, defense manufacturing, and selected adjacent industries. Rostec deploys capital through outright ownership of subsidiaries and minority stakes in listed companies. Core holdings include 100 percent of Russian Helicopters, 100 percent of Rosoboronexport, 25.01 percent of Kalashnikov Concern, and a 25.01 percent blocking stake in VSMPO-AVISMA. The firm also controls Novikombank through RT-Finance Holding. Geographic reach centers on Russia with export activity spanning more than 70 countries. Asset classes include aerospace platforms, defense equipment, titanium production, and commercial real estate via the Rostec-City business park. The corporation employs an internal foundation established in 2011 to support vocational training and technical universities. It maintains a captive banking relationship through Novikombank. In June 2025 Rostec sponsored the St. Petersburg International Economic Forum, focusing on technological sovereignty and import substitution. Additional offices are not disclosed beyond the Moscow headquarters. Rostec functions as a direct state instrument rather than a conventional investment manager. Ownership flows from presidential decree and board appointments tied to the Russian government, creating a governance structure that integrates policy execution with asset control.

General information

Firm type

Government / Public Body

Year founded

2007

Location

Region

Europe

Country

Russia

City

Moscow

Corporate office

75A Volokolamskoye Highway, Moscow, Russia

Principals

Sergey Chemezov

CEO

Sector focus

Aerospace & DefenseDefense Export

Frequently asked questions

Who runs investment decisions at Rostec?

Sergey Chemezov has served as CEO since the 2007 founding. Decisions align with state directives and board oversight from Russian government officials.

Does Rostec participate in fund commitments or only direct deals?

Rostec executes through direct ownership of operating subsidiaries and selected public equity positions. No external fund commitments are recorded.

Where does the underlying wealth come from?

Rostec was established by presidential decree as a state corporation. Its assets derive from government consolidation of defense and industrial enterprises.

What is Rostec's known posture on co-investments alongside external GPs?

Rostec maintains joint-venture structures such as the Rostec-City business park with Aras Agalarov. External GP relationships are not disclosed.

How is Rostec related to Vladimir Putin?

Vladimir Putin established Rostec by decree in 2007. Sergey Chemezov maintains a documented long-term association with the president.

Which sectors does Rostec explicitly avoid?

No explicit avoidance policy is stated. Activity concentrates on aerospace, defense, titanium, and related industrial holdings.

Does Rostec maintain philanthropic structures, and how are they separated?

The Foundation for Innovative and Investment Development was created in 2011. It funds R&D and vocational training inside Russia.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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