VLADIVOSTOK, October 3 (RIA Novosti) - The Russian government will go ahead with privatizations next year by putting to auction state-owned stakes in some companies, a Russian first deputy prime minister told the Rossiya TV channel on Saturday.
"The Russian government is currently working on a privatization program for the next year. As of now, the list already contains quite a lot of companies in which state-owned stakes will be sold," Igor Shuvalov said.
He said privatizations would help these companies raise an extra capital through an IPO or bring extra funds to the federal budget through the sale of assets.
Shuvalov said the government would conduct a thorough analysis prior to selling its assets.
Add to blog
You may place this material on your blog by copying the link.
The main event of the third day of the 11th meeting of the Valdai International Discussion Club in Sochi was the closing session with President Vladimir Putin. The atmosphere was calm and open, despite the current political tensions and the Russia-West confrontation. The Russian president said that it corresponded to the spirit of the Valdai Club.