They have failed with holdings, and they will fail with state corporations.
More than ten years ago, in search of, as it is now fashionable to say, development drivers, the authorities announced the creation of holdings in almost all sectors of the economy. The term holding as an organizational structure was copied from Western economies. It comes from the English word to hold. Management companies became the holders of the shares of the holding participants. The calculation was that the effect of concentration would work, and centralized financial management would lead to lower costs and increase the profitability of production, Doctor of Economics