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Russia to sell 2 trln roubles worth of stakes in companies in 2014-2016

June 27, 2013, 13:06 UTC+3
Federal budget revenue from privatization of companies that take leading positions in the economy is expected to reach 180 billion roubles in 2014
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MOSCOW, June 27 (Itar-Tass) - Russia plans to sell packages of shares of joint stock companies worth up to 1.7 trillion roubles in 2014-2016, head of the Rosimushchestvo Agency for State Property Management Olga Dergunova told a news briefing on Thursday.

Federal budget revenue from privatization of companies that take leading positions in the economy is expected to reach 180 billion roubles in 2014 /key transaction is sale of Rostelecom shares/, 140 billion roubles in 2015 /key transaction is sale of VTB Bank shares, and 300 billion roubles in 2016 /key transaction is sale of stake in Russian Railways/.

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