Governmental Decree No. 468 “On regulation of the activity of state enterprises.”

This Governmental Decree establishes legal status of state enterprises, the procedure for setting up, management, reorganization and liquidation thereof. The main objectives of state enterprises shall be as follows: (a) meeting the needs of the state, legal entities and natural persons in the production of goods, works or services of strategic importance associated with national security, defense, policing, environmental protection and diplomatic activity; (b) government entrepot related to production of goods, works or services for the needs of the state governing body; and (c) implementation of state programs and socially oriented projects of national importance. State enterprise is a legal entity, has civil rights, consistent with the subject matter and purposes of its activities, as provided for in its Statute, and is responsible for activities related to its functioning. State enterprise shall be established without limitation of time, unless otherwise provided for in its Statute.