The Russian Finance Ministry has announced that a "large privatization" initiative will be launched this year, involving the sale of more than 100 items of state property.
"We are going to propose a 'large privatization' initiative. We believe that now is the right time to revisit this issue in 2025. New strategies for the development of state-owned companies must be approved to enhance their role in achieving national goals,” - said Finance Minister Anton Siluanov at the meeting with Russia’s Federal Agency for State Property Management.
According to tass.com, the Finance Ministry expects to generate between 100 billion rubles ($1.22 billion) and 300 billion rubles ($3.97 billion) from the privatization of state-seized assets in 2025.
Tass also reported that the Finance Ministry has added 59 new items to the list of federal property set for privatization.
“The ministry has once again updated the list of federal assets, with 59 new positions for privatization outside the forecast plan for the 2025-2027 period,” the report said.
In total, the list consists of 103 items of state property, including moveable assets, buildings, premises, and land plots currently occupied by them. The auction is scheduled for the second quarter of 2025.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flig...
Minval Politika has published new video material which it says points to informal political understandings between Armenian businessman Samvel Karapet...
Bolivia’s Defence Minister has resigned amid widening unrest over government austerity measures, which have led to protesters blocking roads into th...
Armenia’s parliamentary election comes at a defining moment for the South Caucasus, a region reshaped by the Garabagh conflict and broader shifts in...
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the grea...
Armenia’s parliamentary election comes at a defining moment for the South Caucasus, a region reshaped by the Garabagh conflict and broader shifts in Russia-West relations. The outcome is increasingly seen as a signal of Armenia’s future foreign policy direction and the regional balance of power.
Unsealed records from the U.S. Department of Justice have renewed scrutiny of lawyer Robert Amsterdam after documents revealed communications between his law firm and Jeffrey Epstein's office. The disclosures have drawn attention because of Amsterdam's prominent role in Armenia.
Russia's Foreign Ministry spokeswoman Maria Zakharova praised Georgia for resisting Western pressure (30 May), defending its national interests and pursuing a "multi-vector foreign policy" - language that closely mirrors the rhetoric of the ruling Georgian Dream party.
As Armenia approaches parliamentary elections, Russia appears to be increasing political and economic pressure on Yerevan, signalling that closer integration with the EU could lead to significant changes in labour, transport and energy arrangements between the two countries.
Police officers were pelted with missiles during violent clashes at a protest near the Southampton home of convicted murderer Vickrum Digwa, as anger continued to grow over the handling of the fatal stabbing of 18-year-old Henry Nowak.
Competing narratives continue to shape perceptions of the war in Ukraine, with Russian leadership suggesting a possible end phase while Ukrainian officials warn of renewed large-scale attacks and ongoing escalation risks.
Severe Tropical Storm Jangmi brought heavy rain, power cuts and transport disruption across Japan on Wednesday (3 June) as it tracked towards the greater Tokyo region.
Global weather forecasters predict a strong El Niño will develop in the second half of 2026, bringing hotter, drier conditions to much of Asia while increasing rainfall in parts of North and South America.
An Iranian drone and missile attack struck Kuwait International Airport early Wednesday, injuring several people, damaging Terminal 1 and forcing flight diversions, Kuwaiti authorities said.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment