Deputies of State Assembly Consider Variants of Sale of 'Yakutugol' OJSC and 'Elugol' OJSC

YAKUTSK. 75% of the shares of the first coal company belonging to Yakutia and 39.4% of the shares of the second company owned by Russian Railways will be included in the share capital of a specially established company.

This is the principal outcome of the meeting in the RF Ministry for Economic Development in August where Yakutian President V. Shtyrov was present.

The Ministry for Economic Development also issued several orders to Rosimuschestvo and Government of Republic of Sakha (Yakutia) to compile a text of an amicable agreement on Yakutugol's shares, to complete the appraisal of the shareholdings in two coal companies and work out actions on the preparations and announcement of biddings.

// Sept. 05, 2006.

Resource: www.engl.fis.ru