Russia plans to collect 33 billion USD in three year privatization plan

Thursday, November 18th 2010 - 21:48 UTC

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The Russian government approved a three year (2011/2013) privatization plan paving the way for a sale of federal assets which could yield 1 trillion roubles (33 billion US dollars), Economic Development Minister Elvira Nabiullina said in Moscow following a cabinet meeting. Read full article

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xbarilox
Elvira is my neighbour's name. We used to be friends with benefits.

”The list of privatisations includes the sale of shares in oil major Rosneft (25% minus one share), RusHydro hydropower generator (7.97% minus one share), the Federal Grid Company of Unified Energy System (4.11% minus one share), the country's largest shipping company Sovcomflot (50% minus one share), Russia's top bank Sberbank (7.58% minus one share), the second largest lender VTB bank (35.5% minus one share), the United Grain Company (100% by 2012), Rosagroleasing agricultural leasing company (50% minus one share from 2013), the Russian Railways monopoly (25% minus one share from 2013) and Russian Agricultural Bank (25% minus one share by 2015).” Pretty long list.

I can see El Carlos's hand taking over Russia.
Nov 18th, 2010 - 11:39 pm - Link - Report abuse 0
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