40265
Italians Seek Share in Russia’s Privatization
World Economy

Italians Seek Share in Russia’s Privatization

Italian companies are interested in developing cooperation with Russia, despite the current economic crisis, moreover, they are interested in participating in Russia’s privatization, Italian Ambassador to Russia Cesare Ragaglini said on Monday, Tass reported. The Italian diplomat took part in a ceremony of launching the production of oil pumps at a Transneft enterprise. “Italian companies have always been demonstrating big interest to Russia and now that we are speaking here they are holding negotiations on investments. They are Italy’s biggest companies,” he said. “It means that Italian businesses are confident in Russia, despite the crisis. I hope that some agreements will be reached in the sphere of privatization as well.” Russian state-owned oil companies Rosneft and Bashneft are ready for privatization, at the same time it is important for the government to not only receive the money from the sale of these assets, but also to ensure the effective management of the companies, a high-ranking official familiar with the situation told Tass.

 

Short URL : http://goo.gl/NBE9O7
  1. http://goo.gl/4MPO93
  • http://goo.gl/o5LHeJ
  • http://goo.gl/ihEQyM
  • http://goo.gl/7hz7rs
  • http://goo.gl/6G8dVg

You can also read ...

China Challenges US Solar Panel Duties
China says it is challenging a US tariff hike on solar panels...
In a retaliatory move, President Recep Tayyip Erdogan’s government on Wednesday announced higher tariffs on some US imports, namely on passenger cars (120%) and leaf tobacco (60%).
Turkey has raised tariffs on some US imports, including...
World trade volume growth peaked in January at almost 5.7% year-on-year but nearly halved to less than 3% by May.
Cyclical indicators point to slower and more uneven growth in...
Moody’s Predicts Slower Fiscal Progress in S. Africa
South Africa’s fiscal consolidation will be slower than the...
Nigeria CPI Drops to 11.14 Percent
Nigeria’s National Bureau of Statistics says the consumer...
File picture of Kim Jong-un (L) and Moon Jae-in at the truce village  of Panmunjom, South Korea.
South Korea President Moon Jae-in on Wednesday offered a bold...
Surging Inflation Mars Philippines Growth
The Philippine economy in 2018 is a story that can be summed...
Transport tickets and fuel have driven up costs for consumers.
Inflation in the UK climbed in the month of the July, as had...

Trending

Googleplus