Concern Radio-Electronic Technologies


Concern Radio-Electronic Technologies is a holding company within the Russian state-owned Rostec group that develops and manufactures military specalized radio-electronic, state identification, aviation and radio-electronic equipment, multi-purpose measuring devices, detachable electrical connectors and a variety of civil products.
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

Companies of the holding:
On July 16, 2014, the Obama administration imposed sanctions through the US Department of Treasury's Office of Foreign Assets Control by adding Concern Radio-Electronic Technologies and other entities to the Specially Designated Nationals List in retaliation for the ongoing Ukrainian crisis, annexation of the Crimean Peninsula by the Kremlin, and the Russian interference in Ukraine. Despite that, in 2020 KRET participated in a Russian medical aid delivery during the coronavirus pandemic in New York. Delivering its medical equipment like very need ventilators to the US, with reports claiming that the Russian aid was partly paid by the US and the RDIF. Officials from the US administration replied that sanctions arent applied for medical supply.