RF Government has approved the forecast plan for privatization of the federal property in 2017-2019 (Order No 227-r, dated 8 February 2017). It covers the privatization of federally owned shares in 477 joint stock companies, 298 federal state unitary enterprises, 10 limited liability companies and over a thousand of other facilities owned by the state.
According to the official website of Russian Government, the share of the Russian Federation in the authorized capital of Sovcomflot will be decreased to 25% plus 1 share by 2019.
In 2017-2019, the Russian Federation is to withdraw from the authorized capital of Novorossiysk Commercial Sea Port).
Annual revenues from privatization of the federal property is expected to amount to 5.6 billion rubles.
The document was considered and approved at the meeting of RF Government on 2 February 2017.
The text of RF Government Order No 227-r (dated 8 February 2017) is available in Russian at the website of IAA PortNews >>>>