Concern Radio-Electronic Technologies

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Concern Radio-Electronic Technologies
Joint-stock company
Industry Defense
Headquarters Moscow, Russia
Revenue $1.85 billion[1] (2016)
$262 million[1] (2016)
$205 million[1] (2016)
Number of employees
42,755[1] (2016)
Parent Rostec
Website kret.com

Concern Radio-Electronic Technologies(CRET) (Russian: Концерн Радиоэлектронные технологии, KRET) is a holding company within the Russian state-owned Rostec group that develops and manufactures military spec radio-electronic, state identification, aviation and radio-electronic equipment, multi-purpose measuring devices, detachable electrical connectors and a variety of civil products.[2]

The Corporate Group has developed one of the two existing state radiolocation identification systems. The company’s ambition is to enter the global market of detachable connectors for the world’s biggest companies.

Structure[edit]

Companies of the holding:[3]

United States sanctions[edit]

On July 16, 2014, the Obama administration imposed sanctions through the US Department of Treasury's Office of Foreign Assets Control (OFAC) by adding Concern Radio-Electronic Technologies (CRET or KRET) and other entities to the Specially Designated Nationals List (SDN) in retaliation for the ongoing Ukrainian crisis, annexation of the Crimean Peninsula by the Kremlin, and the Russian interference in Ukraine.[4][5]

References[edit]

  1. ^ a b c d http://www.rbc.ru/companies/id/243.
  2. ^ "JSC Concern Radio-Electronic technologies: Private Company Information". Bloomberg. Retrieved 20 May 2017.
  3. ^ "Предприятия". Kret.com. Retrieved 20 August 2017.
  4. ^ "Ukraine-related Sanctions; Publication of Executive Order 13662 Sectoral Sanctions Identifications List". treasury.gov. 16 July 2014.
  5. ^ "Announcement of Treasury Sanctions on Entities Within the Financial Services and Energy Sectors of Russia, Against Arms or Related Materiel Entities, and those Undermining Ukraine's Sovereignty". treasury.gov. 16 July 2014.

External links[edit]