Russian Railways exec: Govt to mull selling 50% in TransContainer - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian Railways exec: Govt to mull selling 50% in TransContainer

MOSCOW, Aug 7 (PRIME) -- The government will discuss the sale of 50% in container railroad operator TransContainer, owned by Russian Railways as part of President Vladimir PutinТs order to increase containerization and boost transit transportation volumes four times, Russian Railways deputy CEO Andrei Starkov told reporters on Tuesday.

УWe are supposed to have some sort of a government meeting to discuss how the sale of TransContainer would affect fulfillment of the presidential orders, discuss the consequences of the sale and consequences of the way in which money from the sale would be spent on this or that goal,Ф he said.

He also said that Russian RailwaysТ subsidiary private pension fund Blagosostoyanie was studying a possibility to sell leasing company TransFin-M.

Russian Railways also submitted documents on corporatization of Blagosostoyanie pension fund, though it is too early to speak about its privatization.

УCurrently, the fundТs format is that of a non-commercial organization, so it would be wrong to speak about a sale. We sent a directive that envisages classic corporatization with Russian Railways receiving a stake in the joint stock company that would be established on the basis of Blagosostoyanie depending on its contribution as founders of the fund,Ф he said.

The stake that Russian Railways would receive in the fund it unclear, but the company will definitely be a majority owner, he added.


07.08.2018 10:59
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 77.7529 -0.6084 21 sep
USD 66.4725 -0.5373 21 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1140.65 +0.58 18:50 20 sep
micex 2400.89 -0.15 18:50 20 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 154.35 -1.93 18:49 20 sep
lkoh 4701.00 -0.38 18:49 20 sep
rosn 438.70 +0.19 18:49 20 sep
sber 191.16 -1.41 18:49 20 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 78.0275 -0.1025 14:59 20 sep
USDTD 66.7525 -0.6175 17:44 20 sep