State corporation (Russia) in the context of Russian Federal Space Agency


State corporation (Russia) in the context of Russian Federal Space Agency

⭐ Core Definition: State corporation (Russia)

A State Corporation (Russian: Государственная корпорация, romanizedGosudarstvennaya Korporatsiya) is a non-profit organization, which is wholly owned by the Russian Federation directly, bypassing the Federal Agency for State Property Management. Each State Corporation is created by a legislative act of Russian Federal Assembly, using Federal funds for its initial operation, to perform social, managerial, and other socially beneficial functions.

This type of legal entity was established in 1999 (Article 7.1, NCO Law). These state corporations are essentially a special type of fully Federally-owned non-profit organizations, and they are different from all the other organizations referred to in the mass media as "state corporations".

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State corporation (Russia) in the context of Roscosmos

The State Corporation for Space Activities "Roscosmos", commonly known simply as Roscosmos (Russian: Роскосмос), is a state corporation of the Russian Federation responsible for space flights, cosmonautics programs, and aerospace research.

Originating from the Soviet space program founded in the 1950s, Roscosmos emerged following the dissolution of the Soviet Union in 1991. It initially began as the Russian Space Agency, which was established on 25 February 1992 and restructured in 1999 and 2004 as the Russian Aviation and Space Agency and the Federal Space Agency (Roscosmos), respectively. In 2015, the Federal Space Agency (Roscosmos) was merged with the United Rocket and Space Corporation, a government corporation, to re-nationalize the space industry of Russia, leading to Roscosmos in its current form.

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State corporation (Russia) in the context of Arktika-class icebreaker

The Arktika class is a Russian (formerly Soviet) class of nuclear-powered icebreakers. Also known by their Russian designations Project 10520 (first two ships) and Project 10521 (from third ship onwards), they were the world's largest and most powerful icebreakers until the 2016 launch of the first Project 22220 icebreaker, also named Arktika.

Ships of the Arktika class are owned by the federal government, but were operated by the Murmansk Shipping Company (MSCO) until 2008, when they were transferred to the fully state-owned corporation Atomflot. Of the ten civilian nuclear-powered vessels built by Russia or the Soviet Union, six were of this type.

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