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MOSCOW, May 22 (Itar-Tass) - Russian Prime Minister Dmitry Medvedev considers it necessary to continue privatisation in the country, but it should be done rationally. “It is necessary to conduct privatisation, but this should be done rationally,” he said in an interview with the Komsomolskaya Pravda newspaper.
“We have a lot of unused or poorly used public facilities. And we have recently managed to sell them quite effectively,” stated the RF government head. According to him, this has brought revenues to the budget, and some enterprises (ports and transport companies, such as SG-Trans) have been sold at prices 5-10 times higher than the starting price. “It’s billions of roubles,” Medvedev stressed. The second advantage of privatisation is the transfer of property to an effective owner. “I’m not saying that any private owner is necessarily better than the state. But in general, private owners still are more attentive to their companies than the government structures. Therefore I hope to get this effect,” Medvedev said.