Russian enterprises deemed strategically important could come under the control of state-owned and state-backed entities if they encounter bankruptcy. In such cases, the government intends to grant these companies a priority right to acquire assets, a move reported by Vedomosti. The coverage notes that representatives from the Cabinet are proposing additional avenues to safeguard critical assets vital to Russia’s economy, ensuring that strategic players continue to operate even when financial distress arises. The stated aim is to improve the mechanism for exercising a preemptive right to acquire assets of a strategic organization when assets are being sold through bankruptcy proceedings.
At the same time, the Administration of the President of Russia, including the State Legal Department, has expressed disagreement with the draft law. The core concern is to keep the transfer of rights as open and transparent as possible, with two primary questions guiding the debate: first, protecting the ongoing operation and viability of the company, and second, guaranteeing that the eventual owner will manage the enterprise efficiently. A source familiar with the discussions cited Vedomosti.
Earlier, the State Duma discussed measures aimed at curbing monopolization in the advertising market, signaling ongoing attention to competition and the health of market segments that influence public discourse and business activity. The broader issue revolves around balancing state safeguards for strategic assets with corporate governance norms and competitive structures that encourage efficiency and accountability across the economy.