Sunday, October 30, 2016

Bloomberg found out the details of Russia’s plan for privatization – Газета.Ru

28.10.2016 | 15:40

the Russian government has prepared a major plan for the privatization of a number of companies in 2017-2019 years, reports RIA Novosti with reference to Bloomberg.

according to the draft privatisation, which could see the Agency, the authorities want to reduce in years 2017-2019 share in VTB to 25% plus one share in Sovkomflot, up to 25% plus one share.

In turn, the share of the state in “Transneft” will be reduced to 75% plus one share (78,1%), Zarubezhneft — up to 90% in STLC — up to 75% plus one share.

in addition, it reduced the stake in RusHydro to 50% plus one share (66.8 per cent). Also in terms of privatization until 2020, was selling 8% of ALROSA shares and 25% of the shares of Russian Railways.

According to Bloomberg, the government intends to stop participation in the capital of Novorossiysk commercial sea port (NCSP), the United grain company (UGC), factory “the Crystal” and “Rostelecom”.

the plans of privatization do not exist “Aeroflot” and the state share in the airports Sheremetyevo and Vnukovo, Uralvagonzavod, the United aircraft Corporation (UAC) and United shipbuilding Corporation (USC).

Previously Minister of economic development Alexei Ulyukayev announced a new “three-year” the privatization of state-owned companies.

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