OREANDA-NEWS. January 24, 2013. In 2013, Russian Railways will continue to sell stakes in subsidiaries and associated companies in the event that the transactions are approved by the Russian Government, reported the press-centre of RZD.

In particular, the Company plans to sell the following stakes:

75% minus two shares of OJSC Novosibirsk Switching Plant, OJSC Vagonremmash, OJSC First Rock and Ore Company and OJSC Moscow Locomotive Repair Plant;

100% minus 1 share of OJSC Saransk Wagon Repair Plant;

25% plus 1 minus share of OJSC Roszheldorproekt;

50% minus 2 shares of JSC RZDstroy and JSC BetElTrans.

It is also planned to sell shares in OJSC VRK-2 [Wagon Repair Company 2] and OJSC VRK-3 [Wagon Repair Company 3].

Russian Railways expects the above stakes to sell for around 34 billion roubles.