 |
|
||
|
|||
|
|||
|
|
||
|
|
|
|
|||||
|
||||||||
|
|
|
Gazprom seen as potentially world's largest company
RBC, 17.06.2008, Moscow 12:45:35.If Gazprom's capitalization reaches a fair market level, it will be the world's largest public company, Chairman of Renaissance Capital Group Alexander Pertsovsky told an annual investor conference. Only two companies, LUKoil and Gazprom, are undervalued by an amount equal to the Russian market volume in 2003, he added. He believes the capitalization of Russia's oil sector could more than double against the backdrop of Russia's impressive economic and financial results of late. Pertsovsky expects Russia's GDP to top $5 trillion in the next seven or eight years, yet to sustain its development Russia needs huge investment in its national infrastructure. In addition, the Russian financial sector has found itself in an ideal situation, when the world's traditional financial centers are failing as intermediaries, and a new type of financial relations between growth economies is emerging, Pertsovsky said.
|
|||||||||||||||||||||||||||||||||||
