The Ministry of Culture of the Russian Federation suggests Fedor Bondarchuk head the board of directors of Lenfilm Studio and Eduard Pichugin become its general director.

      Today Lenfilm -  the oldest Russian film studio, which was founded in 1918 - is facing financial crisis. At present the studio’s main site is in 10, Kamennoostrovsky Avenue (total area of 4 hectares), St. Petersburg and its branch in the Sosnovaya Polyana (Pine Glade) in Tambasov Street (area of 7 hectares). 

      In 2003 the Ministry of the State Property of the Russian Federation authorized foundation of the open joint stock company Lenfilm Studio.