IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
BEIJING, June 23. /TASS/. The Russian Direct Investment Fund (RDIF) will participate in privatization of diamond producer Alrosa, head of RDIF Kirill Dmitriev told reporters adding that many foreign investors are interested in joint participation in this transaction.
"We are discussing it and they are interested and their interest is quite serious. We are more likely to take part in it (privatization of Alrosa - TASS) with our partners. There are partners from many countries we interact with," he said. He did not name any particular investors.
Earlier, Deputy Finance Minister Alexey Moiseev said that the Finance Ministry plans to raise more than 50 bln rubles ($783 mln) from the sale of 10.9% shares of Alrosa. The ministry plans to sell the package on the Moscow Exchange.
The shareholders of Alrosa" are the Russian Federation (44%), the Republic of Sakha (Yakutia) (25%), districts of Yakutia (8%), while 23% of shares are in free float.
Alrosa is engaged in the exploration, extraction, production and sale of diamonds. It produces diamonds in the Republic of Sakha (Yakutia) and the Arkhangelsk region.
In 2015, Alrosa produced 38.3 million carats of diamonds, sales totaled 30 million carats. Revenues from the sale of diamonds in the past year are estimated at approximately $3.4 billion. In 2016, the company plans to produce from 37 million to 39 million carats.
Earlier Russian Finance Minister Anton Siluanov said that the sale of shares of Alrosa may take place in summer of 2016.
In January, President Vladimir Putin announced the government’s plans to sell its stakes in Rosneft, Bashneft, VTB, Alrosa and Sovcomflot in 2016.