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Russia's PM not encouraged by state influence in competitive industries

A significant number of Russia’s competitive industries remains under the influence of the state, the Russian PM says

Russian Prime Minister Dmitry Medvedev Mikhail Tereshchenko/TASS Host Photo Agency

Russian Prime Minister Dmitry Medvedev

© Mikhail Tereshchenko/TASS Host Photo Agency

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SOCHI, February 15. /TASS/. A significant number of Russia’s competitive industries remains under the influence of the state, which is not very encouraging, Russian Prime Minister Dmitry Medvedev said at a plenary meeting of the Russian Investment Forum in Sochi.

"Obviously, a significant portion of the competitive industries is under the influence of the public sector, and this is probably not very good. Moreover, the public sector continues to expand in a number of segments," he said.

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"We do not have much left for privatization, we have largely privatized the economy, but there are privatization plans for this year," he said.

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