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Vestelcom

Company


Owners:
Rostelecom - 100%

Assets

Owners

+ Vestelcom

Vestelcom is a subsidiary of Rostelecom, Russia's largest telecommunications and communications market player.

Vestelcom CJSC was created in 1992 by Rostelecom and the American company US West with the aim of financing joint investment projects in the telecom sector. As of April 22, 2013, 100% of the company's shares belong to OJSC Rostelecom.

2022: Creation of a joint venture with the SPC for the production of microelectronics

At the end of April 2022 , Rostelecom and SPC Elvis created a joint venture (JV) for the production of microelectronics. The new company was called EsAi Maikro, its authorized capital - 100 thousand rubles. Read more here.

2021: Ownership of 25% stake in GLONASS DBD

Rostelecom received a 25% stake in GLONASS Road Safety LLC (GLONASS DBD), which operates photo and video recording complexes for traffic violations (SDA). This became known on January 28, 2021. According to the Unified State Register of Legal Entities, the direct owner of the 25% share was Vestelcom, a 100% subsidiary of Rostelecom. Read more here.

2016: Creation of a joint venture with Rostec's daughter on the basis of Bulat

Rostelecom and the United Instrument-Making Corporation (OPK), which is part of the Rostec state corporation, announced in May 216 the creation of a joint venture for the production of telecommunications equipment. The basis for this enterprise was Bulat, a subsidiary of the Russian telecommunications equipment manufacturer Qtech.

Rostelecom, represented by its "daughter" Vestelcom, received 37.5% of Bulat shares. The same number of research institutes Scale"," which is part of. MIC The remaining 25% of Bulat shares remained with Qtech. Previously, Qtech had 52%, Taigibov Temirlan Taigibovich 47%. The amount of the transaction to enter the structures of Rostelecom and the defense industry complex into the authorized capital of Bulat was symbolic, said Leonid Khozin, a representative of the defense industry complex. More. here