On Thursday, the government approved the forecast privatization plan for 2017-2019. During this period it is planned to privatize 477 joint-stock companies, 298 federal state unitary enterprises, stakes in 10 company, and in 1041 governmental object, as follows from the document.
Several packages in major companies will be sold, exact dates and methods will be chosen depending on the market conditions and experts' opinion. Russia is going to completely part with Novorossiysk Commercial Sea Port (20% may be sold later this year), United Grain Company, Prioksky Plant of Non-Ferrous Metals and Crystal Production Association.
This year, the share of Sovcomflot will be reduced to 25% plus 1 share. The government has failed to sell it for several years, since the market conditions are not best. In Alrosa, 10% of which was successfully placed on the stock exchange in 2016, the share will fall to 29% plus 1 share.
The government has serious plans for their banking assets. Stake in VTB to be reduced to 25% plus 1 share of the total number of ordinary shares. In the near future the government planns to sell 10.9% of VTB, it will reduce the state's share to 50%. But the decline in the share has less than 50% plus 1 share will be coordinated with measures to reduce the participation of Sberbank, the document says. "It (the sale of shares in Sberbank will start only when the state will decide to reduce the share of VTB to a blocking package, but in the short term is discussed only the sale of 10.9%", - explains the federal official. The sale of packages in these banks should be discussed together, continuing official: "It is correct on all sides - from the economic, social, corporate."
Controlling stake in Sberbank is now the Central Bank - the Bank of Russia owns 50% + 1 share. Early last year, President Vladimir Putin believes that the privatization of the Savings Bank is dangerous in the medium term. In this he assured the chairman of the Central Bank Elvira Nabiullina - the privatization of the Savings Bank shares is premature in many respects the confidence of depositors in the bank based on the fact that there is a controlling stake in the state. But in the autumn of 2016 that the Savings Bank could still be included in the privatization plan, said Deputy Minister of Economic Development Evgeny Elin. Deputy Finance Minister Alexei Moiseev said at the time that the Ministry of Finance allows the privatization of small package without loss of control by the state.
In the final plan does not include other Ministry of Economic Development of the offer: selling shares Railways and 10% of "Rosneft" - taking into account already sold in 2016 g.19,5%, this would reduce the state share below control. This idea was considered dangerous and impassable, said the federal official.
In the autumn of the Ministry of Finance estimated the revenues from privatization are very modest: in 2017 - 138 billion, and in 2018-2019. - Only 14 billion rubles. (These figures budgeted). However, in December, Deputy Finance Minister Alexei Moiseev said that the ministry plans to receive from the privatization of up to 300 billion rubles. annually.
How so optimistic plans corresponds to the new plan, the Finance Ministry has not commented on Thursday. When selling shares in NCSP, "Alrosa" Sovcomflot and the state can earn a total of 132-147 billion rubles., Estimated investment director TKC Partners Andrew Tretelnikov. According to him, 20% of NCSP can be estimated at 27 billion rubles, 4% "Alrosa." - 30 billion rubles. based on the current capitalization, and packet Sovcomflot - to 75-90 billion rubles. 35.9% minus one share in VTB can bring 321.5 billion rubles. (Based on the current market price). However, Moses had already warned that the rush with VTB is not: because of sanctions can be a big discount. Small-scale privatization is to bring in the budget for only 5.6 billion rubles. annually. But this is only a preliminary calculation indicates federal official.
Plan for 2016-2017 gg. It turned less ambitious than the previous one in the 2014-2016 biennium. Presidential Aide Andrei Belousov said recently that among large companies and have nothing to sell - all remains on the agenda, but not now. However, there are still many unsold packages from the previous plan: planned to fully withdraw from Rostelecom, Rosnano, UGC, Rosspirtprom, reduce the stake to 25% plus 1 share of "Aeroflot", RZD and Transneft - 75% plus 1 share in "Zarubezhneft" - up to 90% and then to 50% plus 1 share until 2020. The new plan are not moved. Just now, the government has become better balance their forces, said the federal official.
But the former plan worked under difficult conditions - on the Russian sanctions were imposed, there was a collapse in oil prices, it is actually closed for the country's access to foreign markets. Federal Property Management Agency would like to announce a three-year moratorium on privatization, but in 2016 due to the further drop in oil prices, "clutched" the situation with the budget: the state sold in packages of "Rosneft", "Bashneft" and "Alrosa", it has brought more than 1 trillion rub. But this year, for such urgent need of the budget (to sell) there, so it's important not to rush when choosing a company, and carefully watch, who is better prepared and where the effect for the economy will be bigger, as recently said Financial Minister Maxim Oreshkin.