The Federal Public Assets Management Agency (acting on behalf of the Russian Federation) became the owner of a 7.4% shareholding in E.S. Yalamov Ural Mechano-Optical Plant Production Association.

Prior to the transaction, the Russian Technologies State Corporation used to hold a 100% stake in this Yekaterinburg-based plant.

‘An additional share issue was launched in May 2009. We went through with this issue this January, so now we have got a new shareholder, Rosimuschestvo,’ the plant’s Securities Director Yuri Bushmakin told UrBC.