Russian authorities are set to initiate a privatization drive aimed at selling state-seized assets valued at at least 100 billion rubles (approximately $1.22 billion) in 2025, Finance Minister Anton Siluanov announced at a meeting of the Federal Agency for State Property Management.
“We plan to intensify the privatization of property coming into the Treasury,” Siluanov said, adding that the process should secure more than $4.9 billion in dividends over the course of next year. However, he did not specify how the proceeds would be utilized.
Siluanov also noted that new development strategies for state-owned companies would need to be approved to enhance their role in achieving national goals. In a further move, the Finance Ministry has supplemented its list of federal property subject to privatization—adding 59 new items. These additional assets, which include 103 objects ranging from movable property to buildings, premises, and land plots, will be privatized outside of the forecast plan for 2025-2027.
The auction for these assets is scheduled to be held in the second quarter of 2025. The process reflects Russia’s broader efforts to streamline state assets and generate revenue amid evolving economic and strategic priorities.
Ukraine’s allies have pledged nearly $48bn in military support at a meeting of the Ukraine Defence Contact Group in Brussels, vowing to intensify pr...
The Trump administration on Thursday finalised rules revoking the Environmental Protection Agency’s authority to regulate greenhouse gas emissions, ...
The formation of a black hole can be quite a violent event, with a massive dying star blowing up and some of its remnants collapsing to form an except...
Medical group accuses paramilitary force of targeting civilians in al-Kurqal area, urges international action to protect residents....
Day 6 of the Milano Cortina 2026 Winter Olympics brought fans and photographers unforgettable moments of athleticism, determination and sheer joy. Fro...
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Ukrainian President Volodymyr Zelenskyy said on Wednesday (11 February) that his government will only hold national elections once a ceasefire with Russia is in place and security guarantees are secured, pushing back at suggestions of fresh ballots under pressure from international partners.
Russia has fully blocked WhatsApp for failing to comply with local legislation, the Kremlin said on Thursday, marking a sharp escalation in Moscow’s campaign to tighten control over foreign technology platforms.
Ukrainian President Volodymyr Zelenskyy said air defence systems are being restructured and repaired as Russia’s latest attacks on energy infrastructure left parts of the country, including Kyiv, facing electricity and heating shortages during freezing winter conditions.
A senior adviser to Iran’s Supreme Leader said on Tuesday that negotiations with the United States must remain focused on the nuclear issue and be grounded in realism, as Washington and Tehran prepare to resume talks mediated by Oman.
James Van Der Beek, who rose to fame as Dawson Leery in the hit teen drama Dawson’s Creek, has died aged 48 following a battle with stage 3 colorectal cancer.
Canadian Prime Minister Mark Carney said a bridge project linking Canada’s Ontario province with the U.S. state of Michigan would contribute to cooperation between the two countries.
U.S. President Donald Trump and Prime Minister of Israel Trump hosted Netanyahu for closed-door talks focused on negotiations with Tehran, Gaza and wider rBenjamin Netanyahu ended a two-and-a-half-hour meeting at The White House on Wednesday without reaching agreement on how to move forward on Iran.
Mexican Alpine skier Lasse Gaxiola will have his mother for company on his Olympic debut but she will not be cheering him from the finish area in Saturday's giant slalom in Bormio because she will be three hours away preparing her own race.
Ukraine’s allies have pledged nearly $48bn in military support at a meeting of the Ukraine Defence Contact Group in Brussels, vowing to intensify pressure on Russia and strengthen Kyiv’s battlefield position.
Medical group accuses paramilitary force of targeting civilians in al-Kurqal area, urges international action to protect residents.
Day 6 of the Milano Cortina 2026 Winter Olympics brought fans and photographers unforgettable moments of athleticism, determination and sheer joy. From the ice rinks of Milan to the snowy slopes of Livigno, athletes pushed themselves to the limit delivering breathtaking performances.
U.S. border chief Tom Homan said on Thursday (12 February) a federal immigration crackdown in Minnesota will end after months of raids that led to more than 4,000 arrests, mass protests and two fatal shootings.
Norwegian police searched the homes of former prime minister Thorbjørn Jagland on Thursday (12 February) as part of an ongoing investigation into alleged ties between prominent Norwegians and the late U.S. sex offender Jeffrey Epstein, authorities and media reports said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment