The Russian government intends to hold auctions in the coming months to offer stakes in state companies as part of a program to privatize government shareholdings, a Kremlin economic aide said Tuesday, the RIA Novosti news service reports.
The Russian government intends to hold auctions in the coming months to offer stakes in state companies as part of a program to privatize government shareholdings, a Kremlin economic aide said Tuesday, the RIA Novosti news service reports.

Arkady Dvorkovich said initial public offerings could also be held to privatize state companies.

Dvorkovich didn't specify which share packages would be offered for sale, or which companies could make initial public offerings.

He earlier suggested transport, logistics and ship-building companies, as well as airports would be auctioned off.