Sovcomflot is confident of sufficient investor demand for its stock when the Russian state looks to complete the partial-privatisation of the company.
Russian ministers have suggested the state could sell 25% of its shares in the long-term IPO candidate in the first half of this year.
Nikolay Kolesnikov, chief financial officer of Sovcomflot, told TradeWinds in an interview today: “We can envisage some spin-offs further down the road if it helps to optimize capital structure for a business line but to begin with I believe they will be looking at the company as a whole.
“I
