The Cabinet will consider the exclusion of JSC «Innopolis» of the privatization program

© RIA Novosti / Maxim to Bogodeeva in fotobambinomoda. Archival photoThe Cabinet will consider the exclusion of JSC «Innopolis» of the privatization program© RIA Novosti / Maxim to Bogodeeva the image Bank

The government of the Russian Federation at session on Wednesday will consider a draft on the exclusion of JSC «Innopolis» from the program of privatization of Federal property, reported the press service of the Cabinet of Ministers.

«A draft government decree provides for the exclusion from the program of privatization of the federally owned holding 97.46% of the shares of joint stock company «Innopolis» with their subsequent transfer to ANO «Innopolis University», — is spoken in the message.

In the opinion of the Cabinet, this will allow to optimize expenses on educational activities by more than 20% and, thereby, increase the number of students, to open new laboratories and research centers, to ensure the implementation of a greater number of scientific and research projects.

Innopolis University is a Russian University specializing in the education and scientific research in the field of information technology and robotics. Located in the city of Innopolis (Tatarstan).

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