Belarus Plans to Sell not more than 25% in Belaruskali
OREANDA-NEWS. January 25, 2011.
“We have put Belaruskali up for sale. It is not a secret anymore. We have made it clear we will not sell more than 25%. We have named the price, which is rising. There are not many potential buyers ready to pay the price, but there are some. If they want it, they can have it, but there will be no lower prices,” Lukashenko said.
Lukashenko said there would be no “shock all-round privatization”.
“Don’t make hasty decisions to sell. The economy is recovering, growth is back on track, the value of assets will grow, and so will the value of enterprises. Then we will see what to sell and at what rates”.
Previously, the Belarusian authorities evaluated the entire 100% stake in Belaruskali, controlled by the state, at USD 30 billion.
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