MOSCOW, Nov 18 (Reuters) - The Russian government is considering whether to let state firms raise capital by making public placements of new shares, Economy Minister German Gref was quoted as saying on Friday. Such a change would mean that, rather than accruing to the budget, privatisations could be used to strengthen the balance sheets of state-owned companies, Gref told Izvestia daily in an interview. "We plan to scrap the ban on reducing the state's holding in the charter capital of ...
Premium Content (PAID Subscription Required)
"Russia may let state firms issue new shares - Gref" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642