Russian Technologies Can’t Be Privatized: Chemezov
Russian Technologies Corp. can’t be privatized now, though the state-run holding is prepared to sell shares in individual companies, said Chief Executive Officer Sergei Chemezov.
Chemezov said he discussed the privatization of Russian Technologies with President Dmitry Medvedev two weeks ago.
“The company itself can’t be privatized at this stage,” since the goal of setting up the state holding was to manage stake sales in its individual companies, Chemezov said at a meeting in Moscow today.
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