Medvedev: Russia's state-owned companies must optimize their costs

Medvedev: Russia's state-owned companies must optimize their costs

 Russian Prime Minister Dmitry Medvedev has said that not only governments, but also state-owned companies must optimize their costs. 

He also said that in the near future he intends to discuss this issue with the leaders of state-owned companies.

According to Medvedev, almost all state-owned companies have the resources to reduce costs. ‘’Everybody should optimize their costs today. I mean federal authorities and state-owned companies,’’ the Prime Minister said, explaining that these companies aren’t poor and they all have large budgets.

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