PRESS RELEASE

 

 

Moscow, 16th of June, 2019

 

BOOST submitted the request to the Federal Security Service of the Russian Federation thereupon Roselectronica

 

BOOST has requested the Federal Security Service of the Russian Federation to initiate the investigation to check the cooperation with the VTB Capital and some other companies regarding acquisition of Silterra and Asic as was announced before.

 

Also BOOST has asked to check the financial indicators of the company and the  management processes  organised by Rostekh with regards to its affiliated companies. In 2014 by request of the Board, BOOST has developed the transformational program for the Roselectronica, however it was not implemented by the decision of the Board Chairman  and company management which has led to the net loss. 

 

Roselectronica is the key participant of the electronics market. It produces more than 50% of electronic components in Russia. The company includes more than 120 enterprises and scientific organisations, specialising on development and production of the electronics components, communication equipment, robotised technology, super high frequencies equipment.  

 

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