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The Federal State Property Management Agency will fulfil by 65% Medvedev’s instruction

January 12, 2012, 14:56 UTC+3
The state authorities have a controlling stake in 1,705 companies
1 pages in this article

MOSCOW, January 12 (Itar-Tass) — The agency failed to find specialists to replace all officials in the state companies.

The Federal State Property Management Agency cannot replace all officials with professional directors in state-run companies that President Dmitry Medvedev instructed to do.

“The state authorities do not proceed from the fact that each state company should get an independent director, but notes the need to attract highly qualified independent experts for the work in the management departments of the state companies; experts, which can make the work of a state company better, increase its investment attractiveness, and, consequently, its cost,” a source in the Federal State Property Management Agency said.

The state authorities have a controlling stake in 1,705 companies. The officials were replaced only in about 50% of companies, the Izvestia reported. The officials said with regret that the replacement of public servants for professional managers is a very labour-intensive process and it does not turn out quickly to convene a board of directors to replace its chairman.

“Still the Federal State Property Management Agency will receive bids from candidates for posts in the management of the state companies, professional directors will continue to be recruited in state companies,” the press service of the agency told the Izvestia daily.

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