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.
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Russian President Vladimir Putin will travel to China next week for talks with President Xi Jinping, to attend a regional security summit, and to appear as Xi’s “main guest” at a military parade on Beijing’s Tiananmen Square, the Kremlin announced on Friday.
A woman pinned beneath concrete, a man with a badly broken leg, a child trapped under the rubble.
Russia has supported Azerbaijan and Armenia’s decision to dissolve the Organization for Security and Co-operation in Europe (OSCE) Minsk Group, stating that the structure will be terminated by the end of 2025.
The United Kingdom has summoned the Russian envoy over its latest attack on Kyiv which killed civilians and damaged buildings including the European Union delegation and the British Council offices.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
U.S. President Donald Trump’s Middle East Special Envoy, Steve Witkoff, met with Ukrainian officials in New York on Wednesday to discuss the ongoing peace process with Russia, sources said.
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European Union defence ministers have backed plans to expand military training operations inside Ukraine after any ceasefire, EU foreign policy chief Kaja Kallas confirmed on Friday.
Houthi Prime Minister Ahmed al-Rahawi was reportedly killed alongside several of his associates in the recent Israeli strikes in Yemen according to reports from local media.
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