Radioexport refocuses on China, Southeast Asia markets amid Western sanctions - Rostec
PATRIOT PARK (Moscow region). Sept 7 (Interfax) - Radioexport, which is included in the updated U.S. blacklist, has already refocused on new markets, the state corporation Rostec said.
"Radioexport has been under sanctions for three years. The Western sanctions have prompted the enterprise to orient towards the markets of China and Southeast Asia," the Rostec press service told Interfax on Wednesday.
The United States has added a number of Russian high-tech companies - domestic radio-electronics majors - to its blacklist.
In addition to Radioexport Foreign Economic Association, the list includes Angstrem Group, Mikron, Granat Research and Production Center and some others.
According to the company website, Radioexport is part of Ruselectronics LLC within Rostec.
