Tag: Privatization

Russia’s Medvedev says all officials should quit state company boards

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Empty Boardroom

(Interfax – February 7, 2013) Russian Prime Minister Dmitriy Medvedev has said that public officials of all levels should leave the boards of directors of state companies, Russian privately-owned Interfax news agency reported on 7 February. He also criticized the procedure for approving state company directors. “In future only professional directors should work on boards; state employees should leave,” Medvedev […]

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Privatizations should be done in Russia, but infrastructure needs to be readied – Putin

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
File Photo of Vladimir Putin Speaking with Flag Behind Him and Microphones in Front

NOVO-OGARYOVO. Jan 25 (Interfax) – Privatization deals should be carried out on Russian markets, but the infrastructure needs to be put in place, Russian President Vladimir Putin said at a meeting dedicated to stock market development. “These deals should occur on Russian trading floors,” he said. “Privatization done within the country is testament to the fact that our plans to […]

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Kudrin Slams Russia for ‘Creeping De-Privatization’

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Empty Boardroom

MOSCOW, December 18 (RIA Novosti) ­ Former Russian finance minister Alexei Kudrin on Tuesday slammed the authorities for allowing “creeping de-privatization” of the economy despite the government’s commitment to sell state-run companies in order to raise their efficiency and lure much-needed foreign investment. “Despite the declared goals of privatization, we are witnessing creeping de-privatization,” Kudrin said at a press conference […]

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No new legal acts needed on privatization procedure – Shuvalov

Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Igor Shuvalov file photo

MOSCOW. Dec 14 (Interfax) – All of the procedures for privatizing federal property are enshrined at the presidential and governmental level; the legislative framework is adequate to what should happen with privatization in the coming years, and it does not need to be enhanced, Russian First Deputy Prime Minister Igor Shuvalov said. “All procedures are now fixed in federal law, […]

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Water Privatization in Russia: More Than a Drop in the Ocean

Economy, Business, Investment, Trade, Population Disaster, Demographics
File Photo of Water Facet with Drop of Water Coming Out

(Moscow Times – themoscowtimes.com – Luka Oreskovic – November 2, 2012) Without water, humans can only live for a few days. Yet only about 1 percent of the earth’s water is suitable for human consumption. Rising GDP brings increases in demand for food production, including meat, which demands the greatest amount of water. Treating water is therefore a key utility. […]

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Not Possible to Support Social Protections, Large Army, Many State Properties Simultaneously – Dvorkovich

Budget, Economy, Business, Investment, Trade, Military, Politics, Government, Protests, Elections
Arkady Dvorkovich file photo

MOSCOW. Oct 3 (Interfax) – Russian Deputy Prime Minister Arkady Dvorkovich has called it impossible for Russia to simultaneously have a high level of social protection, a large army, and a lot of state properties. “We cannot allow ourselves to simultaneously have a very high level of social protection in a system built on paternalistic principles, at the same time […]

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NEWSLINK: Kremlin oil control drive could backfire

Economy, Business, Investment, Trade, Oil, Gas, Energy, Politics, Government, Protests, Elections
Oil Well file photo

Kremlin oil control drive could backfire – Reuters – By Dmitry Zhdannikov – September 27, 2012 –  click here for original article Reuters reports on the Russian government’s efforts to bring more oil assets under state control.  Critics charge that growing state control could cripple industry, strain budget resources and even cause social unrest. Some observers warn that paradoxically the […]

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