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Moscow region’s revenues from privatization to be about 4.5 billion rubles

December 12, 2013, 15:33 UTC+3 MOSCOW
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MOSCOW, December 12. /ITAR-TASS/. Deputies of the Moscow Region’s Duma have approved addenda to the law on forecasts related to privatization of the region’s property for 2013-2015 and for 2014-2016. Within next three years, the region will receive from privatisation about 4.5 billion roubles. The addenda were supported by 35 of 45 deputies.

The Moscow region’s minister of property relations Andrei Averkiyev said the plan for privatisation in 2013-2015 should not contain several enterprises and share packets due to their low investment attractiveness. The list includes the region’s transport company, Mosobltrans, and Sheremetyevo-4.

The minister said, in 2014 the region planned privatisation of the world-famous Fedoskino lacquer miniature industrial facility.

“The enterprise will become an open joint stock company with 100-percent participation of the Moscow Region,” the minister said. “Thus, the enterprise will be more transparent.”

“We expect the revenues from privatisation of the Moscow region’s property, will be above one billion roubles in 2014, in 2015 - at least 1.5 billion roubles, and in 2016 - at least two billion roubles,” he said.

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