Wednesday, February 7, 2007

Interview with Niolai Sevostianov, President, RSC Energia

http://www.marstoday.com/news/viewpr.html?pid=18482

This article focuses on the Russian bread Rocket and Space organization. More specifically it looks at the potential of the state taking a majority stake of ownership in the company which would benefit both entities. However in order for this purchase to take place the state needs a more exact estimate of the value per share which could be ascertained were the company to go public. According to the president of the company, the public offering will occur after the company has become more attractive to investors which he estimates to happen within the next five years.

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