Source Pravda.Ru

Gov't to sell 26% in Rosgosstrakh

The Russian government agreed to sell 26 percent minus one share in Rosgosstrakh, the Russian state insurance company, this year, First Deputy Property Minister of Russia Yury Medvedev told journalists in the House of Government today. According to him, the sale of this state stake was included in the additional list of sites to be privatized in 2003. Another large privatization deal this year will be the sale of a 17.84-percent block of shares in the Magnitogorsk Iron and Steel Works. The government is also planning to sell a 25-percent-minus-two-share stake in the Svyazinvest telecommunications company. The privatization of these stakes is on the major list of enterprises to be privatized in 2003, which was adopted by the government on August 20, 2002.

According to Medvedev, the best-prepared deal to date is the sale of the stake in the Magnitogorsk Iron and Steel Works. From this deal, the government is planning to earn $175m. However, this is a preliminary expert estimate, Medvedev stressed. Revenues from selling Svyazinvest shares could reach $1bn. The Rosgosstrakh stake could bring about $10m, the Deputy Minister reported.

© &to=http://www.rbc.com' target=_blank>RBC

He announced his intention to create a news service called "Pravda," which means "truth" in Russian. Well, we are Pravda. The Pravda.Ru website has been working professionally in Russia since 1999

Elon Musk wants Pravda, but we already have it

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum