Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Putin calls for state corporations to gradually make IPOs

Abstract:
Russian President Vladimir Putin said Thursday that state corporations should gradually make initial public offerings (IPOs) once they have become competitive on global markets, ITAR-TASS reported.

Putin calls for state corporations to gradually make IPOs

MOSCOW, Russia | Posted on February 14th, 2008

Speaking at his final annual Kremlin news conference before leaving office in May, Putin said that state corporations could be partially or fully privatized.

"This is a final purpose. We are not going to switch to state capitalism," Putin said.

He reiterated his belief that such corporations should only be created in economic sectors that demand large long-term investments, where "private business is not yet ready." He named defense, shipbuilding and aircraft production as examples of such sectors.

Russia's state corporations are a newly established type of government-controlled companies. The executives of such corporations are appointed and overseen directly by the president, while other state-controlled companies are overseen by the government.

State corporations have already been created or are being created in the nuclear, nanotechnology, oil and gas, aircraft manufacturing, aircraft engine making, airline, banking, shipping, shipbuilding, titanium, bearing manufacturing, residential utilities, and steel industries.

####

Copyright © Prime-Tass

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Searching for a nanotech self-organizing principle May 1st, 2016

Clay nanotube-biopolymer composite scaffolds for tissue engineering May 1st, 2016

Cooling graphene-based film close to pilot-scale production April 30th, 2016

Personal cooling units on the horizon April 29th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Clay nanotube-biopolymer composite scaffolds for tissue engineering May 1st, 2016

Cooling graphene-based film close to pilot-scale production April 30th, 2016

Personal cooling units on the horizon April 29th, 2016

Exploring phosphorene, a promising new material April 29th, 2016

Investments/IPO's/Splits

ORIG3N Added to Companies Presenting at Harris & Harris Group's Annual Meeting, Tuesday June 7, 2016, the New York Genome Center April 27th, 2016

Aspen Aerogels to Present at the 28th Annual ROTH Conference March 14th, 2016

Harris & Harris Group Announces Formation of Co-Investment Fund for Accredited Investors March 9th, 2016

Arrowhead to Present at Upcoming March Conferences March 1st, 2016

Announcements

Clay nanotube-biopolymer composite scaffolds for tissue engineering May 1st, 2016

Cooling graphene-based film close to pilot-scale production April 30th, 2016

Personal cooling units on the horizon April 29th, 2016

Exploring phosphorene, a promising new material April 29th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic