US, EU Investors Eyeing Russia
World Economy

US, EU Investors Eyeing Russia

Investors from the US and EU are actively discussing participation in privatization of Russian state assets and are ready to take geopolitical risks, a source in investment and banking circles told Tass. “We are now in contact with many investors and strategists from the US and Europe. The possibility to take part in privatization seems attractive to them. They are ready to take risks. Now there is no investment boom but it is a boom of interest in Russia,” the source said. According to the source, foreign investors fear “abnormal situations”. In particular he mentioned the case of Rosneft and BP when some media reported that buyers of 19.5% of Rosneft will be obliged to sign a shareholder agreement with BP, which owns 19.75% in the Russian company. Later Rosneft denied the information. “But the interest in privatization is there, no doubt about it, also among Asian investors,” the source said. In January, President Vladimir Putin announced that Russia plans to sell stakes in state-owned companies Rosneft, Bashneft, VTB, Alrosa and Sovkoflot.


Short URL : http://goo.gl/kRYPbl
  1. http://goo.gl/b1MsJK
  • http://goo.gl/GdOdmY
  • http://goo.gl/7B6Bdg
  • http://goo.gl/7mfSBn
  • http://goo.gl/faopXC

You can also read ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...