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Mutko headed the state-owned company DOM.RF

Mutko headed the state-owned company DOM.RF
Photo by: kremlin.ru

Vitaliy Mutko, who did not enter the new composition of the Russian government, became the general director of the state-owned company DOM.RF. Prior to the cabinet’s resignation, he was deputy prime minister and oversaw construction and regional development issues.

As noted in the message "DOM.RF", the decision on the appointment was made by the shareholders of the company at an extraordinary general meeting. The powers of the previous CEO Alexander Plutnik terminated ahead of schedule and terminated the contract with him.

At the new post, Mutko will lead the current activities of the company. His powers were determined for a period from January 29, 2020 to January 28, 2025.

The shareholders also prematurely terminated the powers of the Supervisory Board of DOM.RF JSC and elected a new one. He was headed by Deputy Chairman of the Government of Russia Marat Khusnullin.

DOM.RF is responsible for the development of the mortgage and housing construction market in Russia, as well as for the management and sale of federal property, and controls the completion of problem facilities and developers. 100% of the company’s shares are owned by the state represented by the Federal Property Management Agency.

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