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. Last Updated: 07/27/2016

Privatized Companies

MOSCOW () -- More than 2,000 enterprises, mostly small businesses, were privatized in the first four months of 1995, bringing in 1.1 trillion rubles to federal coffers, the State Statistics Committee told Interfax.


Almost half the privatized companies this year were in trade or services, with industrial firms accounting for only 17 percent of sell-offs, Interfax said.


Since the beginning of market reforms in 1992, more than 123,900 state companies have been transferred into private hands, Interfax said.