Putin puts defense venture Oboronprom on strategic list

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MOSCOW, June 23 (RIA Novosti) - Russian President Vladimir Putin placed state-run United Industrial Enterprise Oboronprom on the list of strategic companies that foreigners cannot buy a blocking stake in, the Kremlin press service said Friday.

Oboronprom is a multisector investment and industrial group established in 2002 and later transformed into the parent company of a helicopter holding uniting producers and developers, with 51% owned by the federal authorities.

Oboronprom's board of directors is chaired by Sergei Chemezov, general director of arms exporter Rosoboronexport.

More than 80 countries use helicopters produced by the holding.

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