Rostec is a state-owned corporation in Russia that was established in 2007. Its primary goal is to promote the development and production of high-tech industrial products, particularly in the fields of defense, aviation, and electronics. Rostec oversees numerous subsidiaries and is involved in various sectors, including automotive, medical technology, and energy. The corporation plays a significant role in modernizing Russia's industrial base and enhancing its competitiveness in global markets. By fostering innovation and collaboration among its companies, Rostec aims to support the country's economic growth and technological advancement while ensuring national security.