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500 Roubles, share voucher Riga experimental plant "Energoavtomatika"
| Issuer | Riga Experimental Plant Energoavtomatika |
|---|---|
| Year | |
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| Shape | Rectangular |
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| Reverse description | Light blue note with the numeral 500 and РУБЛЕЙ in ornate Cyrillic at left. The main field carries a decorative bordered panel with the heading АКЦИЯ above the text СВИДЕТЕЛЬСТВО О ТРУДОВОМ ВКЛАДЕ in large display lettering. Below, a guilloche scroll cartouche bears the redemption notice referencing the USSR Savings Bank branch. |
| Reverse lettering | 500 РУБЛЕЙ АКЦИЯ СВИДЕТЕЛЬСТВО О ТРУДОВОМ ВКЛАДЕ ОБМЕНИВАЕТСЯ В ФИЛИАЛЕ СБЕРЕГАТЕЛЬНОГО БАНКА СССР ПРИ РОЗ «ЭНЕРГОАВТОМАТИКА» (Translation: 500 ROUBLES SHARE CERTIFICATE OF LABOR CONTRIBUTION EXCHANGED AT THE BRANCH OF SAVINGS BANK OF THE USSR ACCOUNT «ENERGOAVTOMATIKA») |
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| Comments |
In the final years of Soviet rule, dozens of state-owned enterprises experimented with internal quasi-securities — share vouchers issued to workers as a form of proto-privatization before any legal framework for private ownership actually existed. This voucher from the Riga experimental plant "Energoavtomatika" belongs to that chaotic transitional moment, roughly 1989–1991, when factories were nominally still state property but management was already trying to establish employee stakes ahead of inevitable restructuring.
Whether these vouchers ever paid dividends or converted into genuine equity is, in most cases, unrecorded. The plant itself specialized in automation equipment for the energy sector.