OREANDA-NEWS. July 27, 2007. "Interros" informed RAO "UES" and "Siemens" Consortium of its intention to sell its 34.4 percent block of shares in "Silovye Mashiny" Consortium.

In accordance with the earlier agreements RAO "UES" and "Siemens" have the right of preferential purchase of the "Interros" block of shares. If none of them uses their preferential right within the indicated period of time, "Interros" will conclude the transaction with the third party.

"We are satisfied with our almost ten years’ long operation" says Deputy Director General of "Interros" Serguey Batekhin. "During this time "Interros" managed to unite the leading power machine building enterprises into a powerful consortium, to transform it into a "blue chip" and to attract major Russian and foreign strategic investors".