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.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman....
A United Airlines flight heading to Tokyo was forced to return to Washington Dulles International Airport shortly after takeoff on Saturday after an e...
Ukraine’s navy says Russia deliberately attacked a Turkish civilian vessel carrying sunflower oil to Egypt with a drone in the Black Sea, escalating...
Thousands of Hungarians marched to the offices of Prime Minister Viktor Orban on Saturday (13 December) in protest over a physical abuse scandal at a ...
Ukraine’s navy says Russia deliberately attacked a Turkish civilian vessel carrying sunflower oil to Egypt with a drone in the Black Sea, escalating pressure on maritime shipping linked to Ukrainian exports.
Russia and Ukraine issued conflicting battlefield reports on Friday, with Moscow claiming control of eight towns and cities, while Kyiv said it had stabilised the front near Kupyansk.
Russian forces struck Ukraine’s southern port city of Odesa for a second consecutive day on Saturday (13 December), deploying Kinzhal hypersonic missiles for the first time in the conflict, Ukrainian authorities said.
ussian President Vladimir Putin described Moscow’s relations with Baghdad as historically strong and unbroken during a meeting with Iraqi President Abdul Latif Rashid in Turkmenistan.
The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman.
A United Airlines flight heading to Tokyo was forced to return to Washington Dulles International Airport shortly after takeoff on Saturday after an engine failure, prompting an investigation by U.S. aviation authorities.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment