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Home » 2009 » September » 3 » Regional authorities have begun to prepare for new loans for shares
11:18
Regional authorities have begun to prepare for new loans for shares

Government of Krasnoyarsk begun collecting applications for the competition to assess the shares owned by the region.According to the newspaper Kommersant,so the authorities began to prepare for the resumption pledge auctions at the regional level.

According to the chairman of the Government of Krasnoyarsk Territory Edkham Akbulatov, region, in particular, may refer to the collateral for loans to action "Krastsvetmet" - an enterprise that carries out refining (purification from impurities) of platinum group metals and is 100 percent owned by the Krasnoyarsk Territory. However, regional officials stress that the evaluation of enterprises does not mean that they necessarily are going to lay.

Against pledge auctions at the federal and regional government in favor of Russia.There are no legal rules prohibiting such auctions, but to hold them virtually impossible. The fact that in 1995 for shares auctions at the federal level, especially the State Duma has amended the law on privatization, "according to which the realization of the collateral must be in accordance with the procedures specified in the law for the privatization of state property. Since 1997, says "Kommersant", this form of privatization does not, and the list of possibilities is the sale of state property in private.

At the federal level, shares of the companies were not built with the 1990's, and the last securities that are in the pledge had been received by the State in 2002: then out of the pledge had been withdrawn shares Novoship "and" North-Western Shipping Company ".

Recall that the pledge auctions conducted in mid-1990's to cover the budget deficit the country is still controversial. Within shares auctions individuals for relatively little money got the biggest assets in the country, for example, shares of Norilsk Nickel, Yukos, Sibneft, and many other companies. Of the pledge they have not been withdrawn, leaving a small amount of Russia's businessmen gained control over the assets in the oil and gas, metallurgy and many other industries.

Category: World | Views: 843 | Added by: magictr | Tags: Russia, overnment of Krasnoyarsk Territory | Rating: 0.0/0
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