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Aeroflot to be Privatized
27.06.2011 14:14
 Aeroflot to be Privatized

Russian airline Aeroflot may enter a program of privatization of the Russia government. According to Alexei Kudrin, Finance Minister, Aeroflot may be privatized in the next 3-5 years. 

      At this moment Russian government owns 51,17% comapny's stake. Another 7,28% is owned by the investors and the rest 41,55% owned by legal persons. 

      Kudrin has targeted raising 30 billion dollars from privatisation over the next three years, a figure he said could rise by 25-50 percent if Russia successfully executes a more ambitious sell-off programme, according to the Reuters.

Author: Ksenia Dzhalagonia

Tags: Russian transport Russian business airline   

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