Russian govt to offer 25.5% of Volga Shipping at Tuesday auction

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Russia's Federal Agency for State Property Management will offer 25.5% of Volga Shipping, one of the country's largest shipping companies, at a minimum selling price of 1.043 billion rubles ($35.35 million) at an auction on Tuesday, the agency said.

Russia's Federal Agency for State Property Management will offer 25.5% of Volga Shipping, one of the country's largest shipping companies, at a minimum selling price of 1.043 billion rubles ($35.35 million) at an auction on Tuesday, the agency said.

The bid book was opened on December 30, 2010 and was closed on February 8, 2011. The bid increment is 10 million rubles.

MOSCOW, February 15 (RIA Novosti)

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