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Medvedev says privatization of VTB, Sovcomflot packages in 2013 possible

January 23, 2013, 14:13 UTC+3
He believes that the revenues from privatization this year may exceed the monies earned last year
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Photo ITAR-TASS

Photo ITAR-TASS

DAVOS , Switzerland, January 23 (Itar-Tass) — Privatization of state packages in the VTB bank and the Sovcomflot shipping line is possible in 2013, Prime Minister Dmitry Medvedev said Wednesday in an interview with Bloomberg television.

He indicated that privatization plans for this year embrace a whole range of companies including the largest ship owner, OAO Sovcomflot.

The same goes for Russia’s largest state-owned bank, the VTB, and a number of other large assets.

He believes that the revenues from privatization this year may exceed the monies earned last year.

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