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Founded by Government of Russia in 1997, in Moscow.1
Ruselectronics integrates the electronics sector companies focused on designing and producing electronic materials, equipment, semiconductor products and microwave technologies. The Holding company was established in the beginning of 2009 on the basis of the holding that was created in 1997.
At the end of 2012 the supervisory board of the Corporation decided to integrate Sirius and Orion groups of companies into the Ruselectronics Holding.
In December 2012, Rostec’s supervisory board transferred the assets of Sirius and Orion to Russian Electronics.
Orion was founded in 2009 as a special-purpose research and industrial association to develop communication systems, subsystems and equipment for defence, special and double purposes. Its companies were located in six federal regions. Orion employed 11,000 people.
It controlled 17 organizations, including JSC Omsk Research Institute for Instrument Engineering, JSC Barnaul Special Vostok Construction Bureau, and JSC Integral Research Institute for Special Communication Systems.
Sirius was established in 2009. Its key products include customized and replicated software of various uses, television equipment and devices for television reception, in particular, in extreme conditions (space environment, ultrahigh temperature environment and other hostile environments), automated control system elements, hardware and software for automated special-purpose systems, comprehensive security systems for critical facilities, territories and passenger transportation systems and telecommunication equipment. The company included over 20 enterprises, such as Internavigation Research Center for Advanced Navigation Technologies; JSC Radiozavod; FGUP Solid-State Engineering Construction Bureau; JSC Solnechnogorsk Instrument Plant; JSC Kristall Research Center; JSC Novosibirsk State Design Institute; JSC Novosibirsk Institute for Software Systems; JSC Popov Broadcast Reception and Acoustics Institute; JSC Television Research Institute; JSC Rastr Research Institute for Industrial Television.
As a result of enlargement, restructuring and liquidation, in the period from 2014 to 2016, 70 organizations will be established on the basis of 120 plus organizations of Ruselectronics. According to deputy director of Ruselectronics, basic scenario of the holding company's development strategy implementation envisions its revenues’ growth in 2012–2020 to 130.7 billion roubles ($3.7 billion) from 42.7 billion roubles ($1.2 billion). Quantity of Ruselectronics subsidiaries will be reduced from 123 to 70.
In 2015, Igor Kozlov was appointed as the Chairman of the Directors Board of Ruselectronics while being the Council of the Minister of Telecom and Mass Communications of the Russian Federation. In 2016 Igor Kozlov became the CEO of Ruselectronics. In 2017 Alexey Belinskiy appointed as a director general of JSC "Ruselectronics".
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In 2018, Alexey Belinsky leaves the post of interim CEO of Roselectronics Holding. Alexander Borisov, Head of the A. I. Shokin NPP Istok, became acting interim CEO of Roselectronics. In April 2019, Alexander Borisov was appointed CEO of Roselectronics Holding.
State corporation Rostec later announced plans to sell 75% of Ruselectronics shares on IPO.
Ruselectronics is a sanctioned entity appearing on the US Sanctions List following the 2022 invasion of Ukraine by Russia.
From Wikipedia’s article on Ruselectronics, shared under CC BY-SA 4.0.4