All news

Russia may receive over $898 mln from privatization of 10.9% in Alrosa — minister

MOSCOW, May 20. /TASS/. The Russian government expects to receive more than 60 billion rubles ($898 mln) from the sale of 10.9% shares of Alrosa, Economic Development Minister Alexey Ulyukayev said in an interview with the Rossiya 24 television channel.

"Now we can sell a 10.9% stake in Alrosa. Today on the market it is little more than 60 bln rubles. I do not rule out that by the time the transaction is closed the market conditions will improve further," the minister said.