July 10, 2017 / 2:08 PM / 3 months ago

Russian economy minister says Sovcomflot privatization possible in second half

YEKATERINBURG, Russia (Reuters) - Russian Economy Minister Maxim Oreshkin said on Monday the privatization of state shipping company Sovcomflot could take place in the second half of this year.

FILE PHOTO: People walk past the Russian state-owned shipping conglomerate Sovcomflot hearquarters in St. Petersburg, Russia, May 17, 2017. Picture taken May 17, 2017. REUTERS/Anton Vaganov/File Photo

Speaking to reporters on the sidelines of a conference in the Russian Urals city of Yekaterinburg, Oreshkin also said he expected double-digit growth in Russian car market sales in 2017.

Reporting by Natalia Shurmina; writing by Polina Devitt; editing by Dmitry Solovyov

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