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Gazprom To Sell Stake in Gazprombank

Russia » Economics

Gazprom board has made a decision on the sale of a 49% stake in Gazprombank.

However Gazprom plans to keep the controlling stake, currently it owns nearly 100% of Gazprombank.

Within the framework of the programme for development of Gazprombank till 2005 it will be transformed into a public company, whose shares will be traded on both domestic and international markets. ©

&to=http://www.gazprom.ru/eng/default.htm' target=_blank>GAZPROM

&to=http://www.gazprombank.ru/gpb/gpb_eng' target=_blank>GAZPROMBABK

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