Russia’s barriers to investment
- From: Vol 6, Issue 1 (January 2005)
- Category: General
- Region: Europe
- Country: Russian Federation
- Related Companies: Russian Communal Systems
With so many obstacles to making a return on their investment, private operators are running their businesses for cash.
It is becoming increasingly clear that privatisation has failed to bring the expected recapitalisation of the Russian water sector, despite continued privatisation activity. Many larger cities pushed ahead with privatisation during 2003 and early 2004 as a means of bringing private capital into the sector after the abolition of the federal Gosstroi system for financing municipal capital expenditure. Around 15 ...
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