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Russian government ownership of various companies and organizations, collectively known as state-owned enterprises (SOEs), still play an important role in the national economy. The approximately 4,100 enterprises that have some degree of state ownership accounted for 39% of all employment in 2007 (down from over 80% in 1990). In 2007, SOEs controlled 64% of the banking sector, 47% of the oil and gas sector, and 37% of the utility sector.

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  • State-owned enterprises of Russia (en)
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  • Russian government ownership of various companies and organizations, collectively known as state-owned enterprises (SOEs), still play an important role in the national economy. The approximately 4,100 enterprises that have some degree of state ownership accounted for 39% of all employment in 2007 (down from over 80% in 1990). In 2007, SOEs controlled 64% of the banking sector, 47% of the oil and gas sector, and 37% of the utility sector. (en)
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  • Russian government ownership of various companies and organizations, collectively known as state-owned enterprises (SOEs), still play an important role in the national economy. The approximately 4,100 enterprises that have some degree of state ownership accounted for 39% of all employment in 2007 (down from over 80% in 1990). In 2007, SOEs controlled 64% of the banking sector, 47% of the oil and gas sector, and 37% of the utility sector. State corporations are established by the Russian government to boost industrial sectors. Rosstat figures show that 529,300 enterprises are partly or wholly owned by the state, of which between 30,000 and 31,000 are commercial companies (generating revenue). The 54 largest enterprises account for over two-thirds of the total revenues generated by state-owned organizations. SOEs account for 40% of the capitalization on the Russian stock market, one of the highest shares in the world. (en)
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