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Minister sees no obstacles for German companies' participation in Russian privatization

May 31, 21:50 UTC+3 STUTTGART
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STUTTGART /Germany/, May 31. /TASS/. Russian Eeconomic Development Minister Alexey Ulyukayev said on Tuesday he saw no obstacles for German companies to take part in privatization in Russia.

"German companies can participate in privatization in Russia via mechanisms of public offering, when companies are floated on a stock exchange or can take part in this process via a strategic investor. You are welcome. Our doors are open, we are ready to receive you," he told journalists after a meeting with German businessmen in Stuttgart.

Ulyukayev reminded that the privatization process has already been kicked off. Investment consultants on big companies have been chosen, all legislative amendments have been made. "So, you are welcome to come and knock," he added.

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