01:08 GMT +321 October 2018
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    Russian Economic Development Minister Alexei Ulyukayev

    Not Right Time to Privatize Large Russian Assets - Minister

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    Now is not the time to privatize Russia’s largest assets due to current falling markets, Russian Economic Development Minister Alexei Ulyukayev said Friday.

    MOSCOW (Sputnik) – Privatization is currently underway, but it concerns the “small privatization” of federal and municipal unitary enterprises, Ulyukayev told Rossiya-24 television.

    “In regard to our best assets, these are in the banking sphere, energy and oil sphere that by nature should be on the market, we need to get them to the market, but we shouldn’t rush to sign any deals on a falling market.”

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    companies, business, privatization, Alexei Ulyukayev, Russia
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