Travel, Fun and Business in Russia

Gill Plimmer of the FT today talks about the rise in privatisations that is hitting the world at the moment. Russia is no novice when it comes to the privatisation of State assets, as the 1990′s indicated. Sberbank has been authorised to sell a 7.5% of the company as part of a reported $50bn asset sale by 2016. More and more Russian companies are looking to London, New York and Singapore to launch and IPO. Russia is once again looking to privatise, but on international markets.