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Home > India > UPDATE 1-Russia to sell part of its stake in shipping group Sovcomflot to raise funds for stretched budget

UPDATE 1-Russia to sell part of its stake in shipping group Sovcomflot to raise funds for stretched budget

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Last Updated: November 3, 2026 15:54:32 IST

(Adds details, context) MOSCOW, Nov 3 (Reuters) – Russia plans to sell a 7.8% stake in state-controlled shipping giant Sovcomflot as it seeks additional sources to cover its budget deficit in the

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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