Foreign investors may participate in Russian Helicopters privatization

The blocking stake of Russian Helicopters may be privatized in 2016.

The blocking stake of Russian Helicopters may be privatized in 2016, the Minister of Industry and Trade Denis Manturov said on Friday, adding that foreign investors may participate in privatization.

"As far as Russian Helicopters are concerned we’re always searching for strategic, portfolio investors so it’s not ruled out that the blocking stake will be sold by [State Corporation - TASS] Rostec," Manturov said.

The minister added that various options are considered, including stock sale to foreign investors.

First published by TASS.

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