‘It happens quite often these days that just two or three people who own the business actually decide the company’s future. This is unacceptable, especially in the Urals, where many enterprises date back to the eighteenth century and gather entire cities around them. Such decisions must be taken collectively, with the workers having their say, too. Otherwise we might end up with a case like that of Egorshinskiy radio plant where the proprietors simply pilfered the business down to pieces. As soon as the economic recession kicked in, they increased their own salaries so that they became 400 times greater than those of the workers,’ Sverdlovsk Region Duma’s Industrial, Agricultural, and Nature Management Committee Chairman Vladimir Mashkov declared at a press conference in Yekaterinburg.

One of the plant’s key stockholders is Pavel Chernavin.