The Ministry of Finance of the Russian Federation has compiled a list of about 30 large companies with state participation for possible privatization. This was announced by the head of the department, Anton Siluanov. “Russia 24”.
According to him, the list includes enterprises where the state share exceeds 50 percent. The ministry proposes to reduce the state’s participation in them while maintaining a controlling stake. Siluanov noted that the presence of private investors, as a rule, increases the efficiency of companies. They have incentives to manage assets better, reduce costs and generate more profits.
“It could be tens or hundreds of billions. The government has the list, we still need to discuss it,” Siluano said.
At the beginning of April this year, VTB chairman Andrey Kostin called for Continuation of the privatization program in Russia. According to him, this will make it possible to attract funds to finance investment projects.
Previously Russian officials decided Don’t privatize big companies.