Russia's Putin warns state firm managers on performance

ST PETERSBURG, Russia, June 21 Fri Jun 21, 2013 7:38am EDT

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ST PETERSBURG, Russia, June 21 (Reuters) - Russian President Vladimir Putin said on Friday managers at state companies would be rewarded or punished in accordance with their performance.

Putin also told an international economic forum that privatisation would be conducted gradually and state assets would be sold only at advantageous and fair prices.