Diamonds, Russia Oil and Gas
Rosneft and Alrosa have become the first companies that entered the foreign currency market of the Moscow stock exchange, chairman of the trading floor Alexander Afanasyev reported at the exchange
The share of the undistributed subsoil fund in Russia for different types of minerals is at least 3%, said today the Minister of Natural Resources Sergei Donskoy at the meeting with President Vladi
The Alrosa’s Board of Directors has unanimously decided to transfer the shares of its gas assets in Russia.
Lukoil is going to sell diamond holding company Archangelskgeoldobycha for $1.45 billion to Otkrytie. This was reported by the company.
Alrosa on sales
Nowadays Russia prepares to privatize the shareholdings in several companies including Alrosa AK. Despite the plan to offer a large shareholding of 10.9% in the company to the market, the stocks’ rates will be under the pressure in the near time. The investors should not await their considerable growth in this year, the market analysts and experts think.
Interview with RFPI chief Kirill Dmitriyev
Alrosa, Bashneft, VTB and Sovcomflot are at the same stage of preparedness for privatization, said the Deputy Economic Development Minister Nikolai Podguzov.
Sberbank and VTB may attract foreign partners for the privatization of Alrosa and Bashneft, the Deputy Prime Minister Arkady Dvorkovich told reporters.
Russian Ministry of Economic Development chooses investment banks for privatization of VTB, Bashneft and AlrosaEdited by Rhod Mackenzie / 2016-04-05 11:54:39
The Russian Ministry of Economic Development has selected only Russian investment banks to carry out transactions for the sale of state-owned shares in Bashneft and Alrosa, as well as in VTB Bank, the Ministry reports.
In mid-March, the Ministry of Economic Development began working on the selection of banks for the organization of the privatization transactions for the sale of shares of Bashneft, Alrosa and VTB. The Deputy Economic Development Minister Nikolai Podguzov said that more than 10 banks, including foreign ones, filed applications.
Shares of state-owned companies Bashneft, Alrosa and Rosneft can be sold the first under the privatization plan, the Minister of Economic Development of Russia Alexei Ulyukayev said.
"These are companies that are already in the privatization plan. These are public companies, which are in price on the market. Because of this, they are technically and legally prepared to the best and best-known for investors. We’ll start from them," - said Ulyukayev.