Tag Archives: privatization

ILN Today Post

Privatization of electric power generation concessionaires: creation of new 30-year concession possible

On January 26, 2018, Federal Decree 9.271 / 2018 was published, which regulates the granting of concessions in the electric sector associated with the privatization of the concession holder of a public electric power generation concession.

In summary, the Federal Government tries to stimulate the market to participate in the privatization auctions of the electric power generation public service concessionaires, by predicting that the winning companies of the auction will have the possibility of granting a new concession contract by the up to 30 years from the date of its execution.

Read More

Read full article

RBC: Lidings has advised JTI on privatization of a land plot under the Liggett-Ducat factory in Moscow

Lidings, a law firm dedicated to providing legal support to foreign business in Russia, advised JTI, a major Japanese tobacco products manufacturer, in its privatization project of a large land plot under the “Liggett-Ducat” tobacco factory in Moscow.

The acquired land plot occupies approximately 3 hectares and is located near Moscow’s Kashira highway.  JTI managed to exercise its right for privatization at 20% of the land plot’s cadastral value – a preferential buy-out rate that will cease to apply as of the new year.

Read full article