Order concerns the reorganization of the state enterprise of the defense-industrial complex ‘Shostka Plant “Zirka”‘ by transforming it from a state enterprise into a limited liability company. The structure of the document is simple – it is a single-point order by which the Cabinet of Ministers of Ukraine approves the proposal of JSC ‘Ukrainian Defense Industry’ regarding the change of the organizational and legal form of the enterprise. At the same time, 100% of the share in the authorized capital of the newly created LLC remains in state ownership.
The key point is that such transformation is carried out in accordance with the special Law of Ukraine ‘On Peculiarities of Reforming State-Owned Enterprises of the Defense-Industrial Complex’, which regulates the procedure for corporatization of defense enterprises.