RF does not yet plan large privatization deals for three years in addition to Sovcomflot IPO – Siluanov

RF does not yet plan large privatization deals for three years in addition to Sovcomflot IPO – Siluanov

RF does not yet plan large privatization deals for three years in addition to Sovcomflot IPO - Siluanov

Russian authorities are not planning any major privatization deals, apart from the sale of Sovcomflot's stake in the next three years, said Finance Minister Anton Siluanov.

“We are not planning any deals for the next three years. The largest deal will be this year for Sovcomflot,” Siluanov told reporters.

“There were plans for privatization, and they are – 3.6 billion rubles in privatization revenues. Basically, these are small shares, small privatization deals,” the minister said, explaining that the matter concerns 95 blocks of shares / shares.

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