OREANDA-NEWS. On August 28, 2007 the Government has given Atomenergoprom OJSC its blocking stake (25,1%) in Kaluga Turbine Plant OJSC, reports a source from Atomenergoprom, reported the press-centre of Atomenergoprom.

Kaluga Turbine Plant produces steam and gas turbines of low and medium capacity and is part of Power Machines OJSC.

Atomenergoprom has already received 100% government stakes in Techsnabexport OJSC (export of nuclear materials), Atomredmetzoloto OJSC (uranium mining in Russia and abroad) and 10 more Rosatom companies.

At the first stage, Atomenergoprom will receive the state-owned shares of 31 nuclear open joint stock companies. Its capital will make up 3,4bln RUR and will be divided into 3,400,000 ordinary shares 1,000 RUR each. All of them will be owned by the state.

At the second stage, Atomenergoprom will receive the government stakes of 55 federal state unitary enterprises that will be reorganized into open joint stock companies by 2008 (including Rosenergoatom). For this purpose, Atomenergoprom will issue additional shares.