Download or read book The Privatization of the Russian Coal Industry written by Igor Artemiev and published by World Bank Publications. This book was released on 2002 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of the privatization of the Russian coal industry. It reviews the salient aspects of the Government's privatization policy as it evolved over the years, and looks at the reasons for the successes and the pitfalls encountered along the way. Specific procedures and methods of sale are described in detail. A profile of the new owners of the industry is given, with a look at the implications for competition in the industry and at first performance indicators. As the World Bank has been closely involved in the support of the Government's coal sector restructuring program through provision of financing and policy advice, throughout the paper aspects of World Bank advice are considered.