You're reading: UkrInform: Rada adopts bill on reforming defense industry enterprises

The Verkhovna Rada has adopted a law on the specifics of reforming state-owned enterprises of the military-industrial complex.

The adoption of bill No. 3822 at the second reading was supported by 256 MPs at a plenary session on July 13.

The document provides for the transformation of the state concern Ukroboronprom into a joint stock company, and the state enterprises that are part of it – into business companies.

The adoption of bill No. 3822, in particular, will allow transforming Ukroboronprom into two large holdings.

As reported, the Verkhovna Rada adopted bill No. 3822 at the first reading on January 29.