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Russia govt approves privatization plan

This is full or partial privatization of large joint stock companies

MOSCOW, June 7 (Itar-Tass) —— The Russian government has approved a privatization plan of several companies with state stock, First Deputy Prime Minister Igor Shuvalov said after a government meeting on Thursday.

“The document was approved today,” he said.

This is full or partial privatization of such large joint stock companies as, for instance, Sovcomflot, Sberbank, VTB Bank, the Unified Grain Company, Rosagroleasing, RUSNANO and RZD. The list also included large energy and oil producing companies and major industrial corporations, including Rosneft.