The story
Mashpriborintorg was founded in the Soviet Union in October 1959 as Foreign Economic Association Mashpriborintorg. In 1991 after the fall of the Soviet Union it was re-registered as Federal State Unitary Enterprise "VO" Mashpriborintorg.
Although it was part of the Soviet Trade Ministry, it is not known if it was under the direct control of the ministry or a separate entity. In the period between 1960-1980 it was one of the largest industry associations of the USSR. Between 1960 and 1975 it was the only export company in Russia and had exported nine million radios, radio-record player sets and televisions to over ninety countries worldwide.
It participated as a supplier of the 1980 Moscow Olympics. During the period between 1960-1980 it was the main exporter of Smena and Zenit cameras to the West. It also exported precision microscopes to Japanese companies such as Sony, Sumitomo, Canon and Toshiba.
In 1991 it reorganised. In September 2004 by decree No. 1009 of the President of the Russian Federation it was included in the list of strategic Russian companies which made it exempt from corporatization.
From Wikipedia’s article on Mashpriborintorg, shared under CC BY-SA 4.0.4