Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
Saakashvili plans to return to Ukraine on September 10World August 16, 21:23
Russian diplomat concerned over US and North Korean aggressive statementsRussian Politics & Diplomacy August 16, 20:32
Diplomat says US-made chemical weapons found in Syria prove West’s support for terroristsRussian Politics & Diplomacy August 16, 20:14
Russia’s St. Petersburg to host World Travel Awards in SeptemberSociety & Culture August 16, 19:37
Combat aircraft to make up over 50% in Russian state arms seller’s exportsMilitary & Defense August 16, 19:22
Poroshenko orders probe into reports about supplies of missile technologies to North KoreaWorld August 16, 19:08
Over 700 policemen to provide security at UEFA Europa League’s match in Russia's KrasnodarSport August 16, 19:02
MOSCOW, March 23. /TASS/. The Russian government has no plans to privatize the country’s biggest lender Sberbank in 2016, Deputy Prime Minister Arkady Dvorkovich said in a CNBC interview Wednesday.
Russian authorities plan to sell stakes in several major state-owned assets in 2016, including oil producers Rosneft and Bashneft, shipping company Sovcomflot, and diamond miner Alrosa.
"Our plan is to start this year," Dvorkovich said. However, addressing speculation that the country might sell a stake in Sberbank this year, he added: "That is out of the question."
According to the official, the government is preparing the markets for a series of transactions. "We have a list of companies where we can sell some stakes. Also strategic companies. Not just in the financial sector but also in logistics, in the oil sector and some other sectors of the economy," he said.
On Tuesday the Minister of Economic Development Alexey Ulyukayev said privatization of state-owned assets is hardly likely before summer 2016. "Hardly earlier than summer because selection of consultants and road show procedures are underway now," the minister said. The ministry plans to nominate managing banks for privatization early in April.