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News Friday, 05 Dec, 2008
Russia to sell stake in pipe plants - Report

Interfax reported that Russia will make a fresh attempt to sell a 25.1% stake in Large Diameter Pipe Works OJSC at Nizhny Tagil in Sverdlovsk region and 24% of OJSC Zarubezhtsvetmet in 2008.

The blocks of shares have been included in the adjusted privatization plan that the government has submitted to the Federal Property Fund.

The Fund has tried but failed to sell the block of 300,001 shares in Zavod TBD on several occasions, most recently on May 12th 2008.

 
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