NPF Rostec

The Federal Antimonopoly Service approved in October 2017 the transfer of a 100% stake in NPF AvtoVAZ (owned by AvtoVAZ) to the perimeter of Rostec. It is planned to transfer the NPF of the state corporation free of charge at the beginning of 2018.

To complete the transfer process, NPF AvtoVAZ will also require the consent of the Bank of Russia and the approval of the authorized management bodies of Rostec and AvtoVAZ. Then the corporation plans to consolidate all pension assets in a single fund, combining this NPF with NPF First Industrial Alliance and NPF Rostvertol, also part of the Rostec Group of Companies.

According to the state corporation, the unification of non-state pension funds will reduce costs and optimize the work of the single corporate NPF Rostec, while increasing the scale of the business. The details of the final structure (including the definition of the parent organization) will be worked out jointly with experts who will win the competition for a comprehensive examination of the corporation's pension funds.

We plan to consolidate all non-state pension funds in the Rostec circuit. By the end of 2018, a united fund will be created, on the basis of which it is planned to implement corporate pension programs, "said Sergey Chemezov, General Director of Rostec State Corporation .

As noted, the creation of a single NPF Rostec is the next step in the development of corporate social programs and the formation of a long-term resource for financing the corporation's projects provided for in the Development Strategy of the State Corporation. According to preliminary estimates, the merger of NPFs will provide additional opportunities for participants and insured persons of the corporate pension fund, increase the financial stability of NPFs and have a positive effect on the quality of service kliyentov.​

Performance indicators

2018: Retirement savings returns

History

2024: Joining NPF "First Industrial Alliance"

The non-state pension fund "First Industrial Alliance" came under the management of the Rostec fund. The Bank of Russia approved the corresponding restructuring, the press service of the state corporation said on July 30, 2024. Read more here.