PJSC ALROSA has announced that it was authorized to establish a departmental security service
OREANDA-NEWS. PJSC ALROSA, the world leader in diamond mining, has announced that it was authorized to establish a departmental security service to protect the Company’s production facilities.
Based on the amendments to Article 8 of the Federal Law of April 14, 1999, No. 77-FZ On Departmental Security Service approved today by the Council of the Federation, ALROSA’s relevant subdivisions will “protect diamond mining facilities fully owned by the said strategic joint-stock company and its affiliates”.
The previous version of Article 8 of the Federal Law On Departmental Security Service provided not for organizations entitled to create a departmental security service but for protected facilities. Therefore, the federal law must provide for the right to create its own security service by PJSC ALROSA.
ALROSA is on the list of strategic enterprises under the Decree of the President of the Russian Federation, and the new version of the Law provides for the Company’s right to establish a departmental security service (by analogy with such companies as Rosneft, Transneft, Gazprom, and others). The draft law was approved by the Ministry of Internal Affairs of the Russian Federation (General Administration for Private Security) and Ministry of Finance of the Russian Federation (as the Company’s supervisory authority).
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