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Russian government to sell share packets in companies based abroad

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MOSCOW, August 4 (RIA Novosti) - Russian Prime Minister Mikhail Fradkov has signed a resolution to sell government share packets in various Russian companies based abroad, the government press service reported Thursday.

The government will sell 100% of the Russian Forestry Agency (UK), 100% of Rus Wood (Sweden), 51.1% of Ruslegno (Italy) and 90% of Rusbois (France). The sale of the shares is being managed by the Russian Economic Development Ministry.

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