“The work in this area is constantly in motion. It may be a single holding company or three holding companies. It may be a holding company to later evolve into a system that comprises subholding companies,” said Yulia Medvedeva.
Speaking about the pace of the holding company creation, the official underlined: “It should be understood that hurrying up is not acceptable in this industry and it is understandable that it is a lengthy process. But there are good reasons for the process to be the way it is now”.