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.
Bangladesh has signed a deal to import 700,000 tonnes of wheat annually from the United States over the next five years, aiming to ease trade tensions...
Iran and the E3, Britain, France, and Germany, may hold nuclear talks next week, Tasnim reported, amid European warnings that failure to resume negoti...
Iran has replaced air defence systems damaged during last month’s conflict with Israel, according to a report by Iran’s Defah Press news agency on...
A tsunami warning was issued on Sunday after a sequence of strong earthquakes, including a powerful 7.4-magnitude tremor, struck off the Pacific coast...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 20th July, covering the latest developments you need to know....
A tsunami warning was issued on Sunday after a sequence of strong earthquakes, including a powerful 7.4-magnitude tremor, struck off the Pacific coast of Russia, the United States Geological Survey (USGS) confirmed.
Several nights a week, Daria Slavytska packs a stroller with blankets, food, and a yoga mat. Then she heads into the Kyiv subway with her two-year-old son Emil, to sleep.
Russian political analyst Sergey Markov praised President Ilham Aliyev as one of the most experienced and wise leaders of the modern world, highlighting his victory and full restoration of control over Karabakh.
President Volodymyr Zelenskyy said that more than 300 Russian attack drones and more than 30 missiles of various types were launched against peaceful Ukrainian cities overnight, in one of the largest air assaults in recent weeks.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
The Shanghai Cooperation Organization’s foreign ministers met in Tianjin on 15 July, laying the groundwork for the upcoming SCO summit set for the end of August.
Bangladesh has signed a deal to import 700,000 tonnes of wheat annually from the United States over the next five years, aiming to ease trade tensions and secure tariff relief from the Trump administration, officials confirmed on Sunday.
Iran and the E3, Britain, France, and Germany, may hold nuclear talks next week, Tasnim reported, amid European warnings that failure to resume negotiations could trigger renewed international sanctions.
Iran has replaced air defence systems damaged during last month’s conflict with Israel, according to a report by Iran’s Defah Press news agency on Sunday, citing Mahmoud Mousavi, Deputy for Operations of the regular army.
A tsunami warning was issued on Sunday after a sequence of strong earthquakes, including a powerful 7.4-magnitude tremor, struck off the Pacific coast of Russia, the United States Geological Survey (USGS) confirmed.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 20th July, covering the latest developments you need to know.
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