Russia may postpone privatization of Sovcomflot to 2012

Russian First Deputy Prime Minister Igor Shuvalov said on Thursday that the privatization of 50 percent plus one share in the country’s largest shipping company Sovcomflot might be shifted to 2012 from the earlier announced 2011. “I do not rule out it will be postponed to 2012,” Shuvalov said at the St. Petersburg International Economic […]