Moscow Will Sell Vnukovo Airport In 2011

Moscow authorities are going to sell their shares of the foowing companies: Vnukovo Airport, the International Trade Centre (ITC) and the company Gostinyi Dvor in 2011,  Mayor of Moscow Sergei Sobyanin said at an operational meeting.

This year Moscow authorities will increase revenues from the sale of state assets compared with 2010 by 14 times.

In addition to the above mentioned, Moscow plans to sell stakes in such well-known companies as Capital Insurance Group, Mospromstroi, Komkor, Obyedinennye Konditery.

"We also plan to privatize the stock of the factory AMO-Plant, and a number of objects that are located in other subjects of the Russian Federation ", - the Mayor said. He also recalled that Moscow today owns 433 stocks of different companies. 200 of them are preparing for privatization.