According to the Senior Vice President Valery Reshetnikov, the plan of selling stakes in 48 of the company´s subsidiaries has been approved by the Russian Railways´ Board of Directors.
35 percent of the stakes of TransContainer is looking to get a public offering this year. Russian Railways is also looking for an investor for Elteza – Bombardier and TransCreditBank.
The funds raised from the sales of the stakes this year are expected to rise to RUB 20bn (approx. USD 655.31m).