20 Sep 2012 18:05

Rosnano IPO likely to take place in 2012 - Belousov

MOSCOW. Sept 20 (Interfax) - Rosnano's IPO will likely take place in 2012, Economic Development Minister Andrei Belousov said at a briefing on Thursday.

"I think so, yes," he said when asked if the company's IPO would happen this year.

He added that all funds received from the IPO will remain with Rosnano.

Belousov also said that the state should receive 200 billion rubles this year from asset privatization. "We'll easily collect 200 billion [rubles] this year," the minister said.