Sverdlovsk Region: Privatization Options Over in 2018

UrBC, Yekaterinburg, November 23, 2016. Sverdlovsk Region intends to make 761.84m RUR in privatization revenues this year and 6.44m RUR in 2018 and 2019 each, the pubic property management report for 2017-2019 states.

At the same time, no profit is expected to result from the sale of shareholdings owned by Sverdlovsk Region in the two years to come. The constituency expects to make money only through handing publicly owned buildings and heating, water supply, and power facilities over to private proprietors.

No new decisions on getting public property privatized are expected to be made in 2018 or 2019.

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