Russia plans to privatize state-owned companies in the energy, transport, and finance sectors to raise funds for its federal budget amid ongoing conflict in Ukraine. Finance Minister Anton Siluanov announced potential privatization candidates at the St Petersburg International Economic Forum, emphasizing the need for new investments. Previous privatization efforts stalled, but a proposal for 30 companies is expected by late 2023.
Russian energy, transport, finance companies among privatisation candidates, says finance ministry
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Blog - June 21, 2025
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