On May 30, local time, Russian President Vladimir Putin issued Presidential Decree No. 355 to implement special management measures for enterprises involved in defense orders and civilian industries in key fields during special military operations. According to the Act, if enterprises involved in key fields such as defense orders, civil aviation, and shipbuilding fail to fulfill their contractual obligations, the government has the right to suspend their shareholders' rights and management powers, and appoint a special management agency to take over the operation. The decree also stipulates the establishment of a special working group to monitor implementation, and requires the government to complete the adjustment of supporting regulations within two months. The presidential decree took effect from the date it was issued.

Zhitongcaijing · 05/30 13:25
On May 30, local time, Russian President Vladimir Putin issued Presidential Decree No. 355 to implement special management measures for enterprises involved in defense orders and civilian industries in key fields during special military operations. According to the Act, if enterprises involved in key fields such as defense orders, civil aviation, and shipbuilding fail to fulfill their contractual obligations, the government has the right to suspend their shareholders' rights and management powers, and appoint a special management agency to take over the operation. The decree also stipulates the establishment of a special working group to monitor implementation, and requires the government to complete the adjustment of supporting regulations within two months. The presidential decree took effect from the date it was issued.