The Russian Transport Minister, Igor Levitin, has proposed an extended
privatization plan for all transport companies with state shares
involved, RBC reports.
The plan includes privatization of 20% of Novorossiysk Port and 25.5%
of the shares of Anapa Airport. Levitin believes that each case should
have independent terms and shares privatized. The process is expected
to take 2 years.
Levitin added that Novorossiysk Port is a strategic facility.