Russian Economic Development and Trade Minister German Gref attends a State Duma session.
Photo: Dmitry Dukhanin
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557 State-Run Enterprises to be Privatized in Russia in 2008
According to the draft program for privatizing federal property, 557 government corporations and 573 federal state unitary enterprises will be privatized in Russia in 2008, say the documents of Economic Development and Trade Minister German Gref prepared for the government’s session.
The privatization will concern corporations of fuel-energy, energy-building, construction, and lumber sectors, civil aviation, healthcare, chemic, petrochemical, and polygraphic industry, geology, fishery, poultry farming, crop growing, cattle breeding, medical industry, and machine-building (except the defense corporations).
Enterprises of automobile transport, road facilities, and construction sectors, civil aviation, geology, oil-gas and fuel sectors, sea and river transport, polygraphic, healthcare, and farming sectors are to be privatized as well.
Taking into account the forecast for Russia’s medium-term social-economic development and the preliminary estimations of the enterprises to be privatized, 12 billion roubles will come to the federal budget in 2008. The privatization of federal property is expected to be bringing 12 billion roubles annually in 2009-2010.
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