Chemezov Firm Eyes 2 Stakes

Sergei Chemezov's Russian Technologies could get 100 percent of power station construction company Technopromexport and the government's stake in truck maker KamAZ as the newly formed state corporation seeks to expand.

Technopromexport, which has also seen interest from state nuclear corporation Rosatom, would prefer to be taken into Russian Technologies, company head Sergei Molozhavy told reporters Wednesday.

The power station builder is mentioned in the presidential decrees creating both Russian Technologies and Rosatom, several sources in the state corporations told Vedomosti.

A source close to a KamAZ shareholder told Kommersant that the truck maker could see a 34 percent government stake be folded into Russian Technologies, although Economic Development and Trade Minister Elvira Nabiullina is against the idea. The source said it would be more profitable than privatizing the government stake.

n KamAZ will probably sell shares to the public this year to help fund a boost in annual production to 100,000 units, Troika Dialog chairman Ruben Vardanyan said Thursday. Troika and KamAZ managers control 54 percent of the firm, he said.