Kabardino-Balkaria to make over 1.5 billion rubles from privatization

Kabardino-Balkaria plans to earn about 1.25 billion rubles from sales of shares of charter capitals and 300 million rubles from sales of assets and property this year, Ofitsialnaya Kabardino-Balkaria reports.

The privatization plan includes Vodogryazelechebnitsa, Nalchik factories, geological expedition of Kabardino-Balkaria, Elbrus recreation center and 13 areas of real estate, including the Nalchik Hotel.