Unitary enterprise

A unitary enterprise (Russian: унитарное предприятие) is a government-owned corporation in Russia and some other post-Soviet states.

[3] The existence of unitary enterprises is a legacy of the Soviet era, when the state owned the means of production.

[4] A unitary enterprise is independent in economic issues and obliged only to give its profits to the state.

Unitary enterprises have no right to set up subsidiaries, but they can, with the owner's consent, open branches and representation offices.

[citation needed] Some of the largest federal state unitary enterprises include Russian Post, Air Traffic Management Corporation [ru] and All-Russia State Television and Radio Broadcasting Company, while large non-federal unitary enterprises include Moscow Metro, Mosgortrans and Saint Petersburg Metro.