The reorganization process of Rosmorport into an open joint stock company with a 100-percent state share holding is expected to be completed by mid-2012, Rosmorport’s CEO Igor Rusu said on Tuesday at a briefing in St. Petersburg, PortNews correspondent reports.
The concept of corporatization of the state enterprise will be presented by Russian Transport Minister Igor Levitin at a roundtable with the industry representatives in Moscow on November 17, 2010. If this concept is approved before the end of 2010, the corporatization will not take more than 1,5 years, says Mr. Rusu.
He pointed out that as a result of Rosmorport’s corporatization the company will not be engaged in commercial activities at ports (stevedoring and shipping – PN). "We deliberately keep out of this business," he said.
Eventually, Rosmorport must maintain the status of a state-owned company managing the country’s port infrastructure, but as a joint stock company Rosmorport would be able, for example, to dispose independently of land at seaports, as well as to solve other property issues more easily.
Federal State Unitary Enterprise Rosmorport was established in 2003. The company manages through its 21 branches state-owned assets at the ports of Russia, including sea berths, The company operates the world's largest icebreaker fleet of 26 diesel-electric icebreakers.
The concept of corporatization of the state enterprise will be presented by Russian Transport Minister Igor Levitin at a roundtable with the industry representatives in Moscow on November 17, 2010. If this concept is approved before the end of 2010, the corporatization will not take more than 1,5 years, says Mr. Rusu.
He pointed out that as a result of Rosmorport’s corporatization the company will not be engaged in commercial activities at ports (stevedoring and shipping – PN). "We deliberately keep out of this business," he said.
Eventually, Rosmorport must maintain the status of a state-owned company managing the country’s port infrastructure, but as a joint stock company Rosmorport would be able, for example, to dispose independently of land at seaports, as well as to solve other property issues more easily.
Federal State Unitary Enterprise Rosmorport was established in 2003. The company manages through its 21 branches state-owned assets at the ports of Russia, including sea berths, The company operates the world's largest icebreaker fleet of 26 diesel-electric icebreakers.