St Petersburg’s landmark cathedral to get patriarchal statusSociety & Culture April 28, 3:07
Russians to be proud of its F1 racer Daniil Kvyat - Toro Rosso principalSport April 28, 3:02
Moscow holds first night rehearsal of Victory Day ParadeMilitary & Defense April 28, 1:18
Russia’s Kvyat expects full-house attendance at 2017 F1 Russia GP in SochiSport April 28, 1:14
Only OPCW investigation can bring up truth on Khan Sheykhun chemical attack — MoscowWorld April 27, 23:37
Kvyat to race at home F1 GP in Sochi with new helmet design depicting him riding torpedoSport April 27, 21:43
Maria Sharapova gets into quarterfinal of tournament in StuttgartSport April 27, 21:16
Russia, Japan to hold bilateral year of culture in 2018World April 27, 20:49
Angela Merkel’s visit to Moscow – pragmatism above all elseRussian Politics & Diplomacy April 27, 19:18
“We can see a window of opportunity for Sovkomflot and Aeroflot [this autumn],” Olga Dergunova, head of the Federal Agency for the Federal Property, said.
Vitaly Sergeichuk, head of the Agency’s department of property relations and major privatisation transactions, said the sale of Aeroflot shares could be postponed if the price offered on the market was low.
The Agency is hoping to receive 200-300 million U.S. dollars from selling 8-9% of Aeroflot shares.
Speaking of Sovkomflot, he said the market had improved considerably from the previous three years, which creates conditions for selling the government’s share in the company before the end of the year.
The government is planning to sell 25% minus one share of Sovkomflot and reduce its interest in the company to 25% plus 1 share by 2016.
Dergunova said earlier this year that the company was “in a high degree of readiness” for privatization and the government only had to decide on the form of sale.