MOSCOW, May 18 (RIA Novosti) - Russia's government plans to establish vertically integrated holding companies in radio electronics and the space industry, the country's first deputy prime minister said Friday.
"We are setting up large integrated holdings in key areas of the defense industry," Sergei Ivanov told the Public Chamber, a body set up as a link between the government and the public.
The official said radio electronics and space were next in line after the recent consolidation of leading state-owned assets in aviation and shipbuilding. Ivanov, widely seen as a potential presidential candidate in the 2008 race, has been put in charge of all state asset consolidation projects, which also include the civilian nuclear power sector.
