The European Bank for Reconstruction and Development EBRD is ready to help privatize stake in state-owned companies and bring them back into private ownership companies. As per the information provided by the bank, a financial institution may invest in such companies to restructure them and to increase their attractiveness to investors, as well as to participate directly in their privatization.
Besides, EBRD expressed its readiness to finance Russian enterprises on condition of its entering the structure of shareholders. As a shareholder the bank will tend to improve energy efficiency of Russian companies as well as to contribute in diversification of Russian economy and development of its compatibility.
It is necessary to remind RF Government has approved privatization plan of the enterprise for 2010-2012 this week. It is planned to attract about RUR 77 bln due to state-owned stakes sell. It is assumed to sell out shares of 461 joint-stocks, 56 objects of real estate and about 250 FGUPs. Most part of the shares is to be sold next year. In particular, state-owned stakes of Sovcomflot and five shipping companies: Murmansk, Volga, North-West, Enisey, Sakhalin, as well as four ports– Novorossiysk, Murmansk, Vanino, Tuapse will be sold.