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Rosneft Gets Own Security

Prime Minister Vladimir Putin has signed a resolution giving Rosneft permission to set up a private security organization.

Legislative changes came into force at the beginning of last year to prohibit a private security organization from being the subsidiary of an organization engaged in activities other than security.

Transnefteprodukt, a unit of Transneft, was the first organization not performing security functions to be granted the right to found its own private security outfit.

(Interfax)


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