18 Dec 2014 15:41

Alrosa aims to earn 6.3 bln rubles from sale of subsidiaries in 2015

YAKUTSK/MOSCOW. Dec 18 (Interfax) - Alrosa plans to earn 6.3 billion rubles in 2015 from the sale of seven noncore subsidiaries, materials for a meeting in Yakutsk on the Russian diamond miner's preliminary results for 2014 and plans for 2015 show.

The company wants to sell stakes in Arcos Ltd., OJSC Sakhaneftegaz , LLC Alrosa-VGS (100% of shares), Vilyuiskaya HPP-3 (99.73%), LLC Lenskoye PZhKh, LLC Nikonovka and LLC MPZhKh.

The list of assets slated for sale in 2015 also includes MAK Bank, according to the presentation, although in July Alrosa announced the results of an auction to sell 84.66% of MAK Bank. Moscow's Rost Bank, the only bidder, was declared the winner and the stake was sold at the starting price of 414 million rubles.