Russian government releases privatization details

The Russian government has published details about the new privatization plan for 2011-2013, ordered by Russian Prime Minister Dmitry Medvedev (order N1035). The plan includes privatization of:

- Modern Commercial Fleet (50% + 1 share by 2016);

- Sberbank (7.58% minus 1 share);

- VTB (25.5% minus 1 share by 2016);

- United Grain Company (conclusion of state part in charter capital);

- Rosagroleasing (49.9% minus 1 share by 2016);

- ROSNANO (reduction of state share to 90% in 2012);

- Russian Railaways (25% minus 1 share).