Vekselberg told about interesting assets for privatization

The head of the group of companies “Renova” Victor Vekselberg is interested in buying the privatized Russian oil and gas assets, in particular ALROSA. He said this, speaking at the security conference in Munich, reports “Interfax”.

“Of course. Question — at what price. Exactly the non-oil sector [interested in], and all the rest will closely watch. ALROSA, Yes. In the mining sector, we are traditionally interested in this story, so we will closely watch,” said he, answering the journalists ‘ question. The businessman added that, in his opinion, market prices for Russian assets “seem quite reasonable”.

“The question is, what package will be sold, on what terms, how will the situation in the company from the point of view of the medium-term prospects”, — he explained, noting that these combined factors will determine the degree of interest in the assets.

The proposal to increase the budget revenues due to the privatization was announced by the Ministry of Finance in December 2015. The President of Russia Vladimir Putin, speaking at a press conference at the end of last year, supported this initiative, stating that the state may resort to privatization “in order not to burn the reserves”.

In the beginning of February the President held a meeting with members of the government, which announced the conditions of privatization: it should not lead to the sale of assets for a pittance and money at the expense of the state, and the assets should not go offshore. Expected to be in the number of privatized blocks of shares of “Rosneft”, “Aeroflot” and “Bashneft”. Evaluation of the ex-Minister of Finance Alexey Kudrin, sell private shares of big companies will allow the state the next two years to earn 1 trillion rubles, passed TASS.

As reported by Forbes with reference to sources, to participate in the privatization of state assets can Suleyman Kerimov and “Surgutneftegaz”. At the same time, the majority of businessmen interviewed by the publication, stated that their state assets are not interested.

ALROSA — the Russian group of diamond mining companies, ranked first in the world in terms of diamond production. On 10 February, the presidential envoy in the far Eastern Federal district Yuri Trutnev said that the issue of privatization of part of state block of shares in ALROSA will be discussed in the Federal government.