Rostec has decided to close its subsidiary RusAityExport, which was established in 2017 to promote Russian software and IT solutions in the world market. This decision was announced in a company announcement.

RusIExport was created to handle specific international projects. Currently, the company has fulfilled its obligations and no longer has an active contract. According to representatives of Rostec, further development of this company has become inappropriate in light of sanctions and changes on the world stage.

The closure of RusITExport will not affect the overall capabilities of the company, as Rostec is actively developing new ways to sell products in local and global markets. Employees who previously worked in this company will be redistributed to other businesses within Rostec. Rostec State Corporation is Russia’s largest industrial company, uniting more than 800 scientific and industrial organizations in 60 regions of the country. Its main areas include aircraft manufacturing, radio electronics, medical technology and innovative materials, as well as well-known brands such as AvtoVAZ, Kamaz, UAC, Russian Helicopters and UEC.

Source: Ferra

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