Source Pravda.Ru

Svyazinvest and Central Telegraph to be privatized next year

According to a program on the privatization of federal property in 2003,which was adopted by the government, the selling of a 25 percent stakeminus two shares in Svyazinvest and a 21.78 percent block of shares inCentral Telegraph is among the basic directions of state policy onprivatizing federal property in the year 2003. At present the state has a75 percent stake minus one share in Svyazinvest and a 21.78 percent blockof shares in Central Telegraph.According to the government's decision, Svyazinvest's shares are not to besold in 2002, the department of government information reported..

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