Finance Ministry to privatize Rosspirtprom on January 24

MOSCOW, Dec 21 (PRIME) -- The Finance Ministry plans to hold an auction to privatize 100% in Russia’s largest producer of ethyl alcohol Rosspirtprom on January 24 in an online format, the ministry said in a statement late on Wednesday.

The Federal State Property Management Agency previously said that the market price of 100% in Rosspirtprom stood at 10.61 billion rubles, and the sum was set as the starting price of the auction.

(90.4056 rubles – U.S. $1)

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