Russia Plans to Sell $1.2 Billion in Seized Assets to Boost Revenues in 2025

Russia is set to accelerate the sale of state-seized assets, with the government aiming to generate at least 100 billion rubles ($1.22 billion) in 2025, Finance Minister Anton Siluanov announced on Tuesday.

Speaking at a board meeting of the Federal Agency for State Property Management (Rosimushchestvo), Siluanov emphasized the need to intensify privatization efforts to support the national budget. The move comes as Russia anticipates a 1.17 trillion ruble budget deficit (0.5% of GDP) in 2025, largely due to rising defense expenditures.

While the government has not specified how it will allocate the proceeds, officials have repeatedly denied allegations of widespread nationalization. However, reports indicate that since 2022, Russia has seized and redistributed over 1 trillion rubles ($10.8 billion) worth of strategic assets, with 544.7 billion rubles ($6.71 billion) seized in 2024 alone across industries such as food, real estate, and retail.

The planned asset sales are expected to reshape Russia’s economic landscape, as authorities seek to balance fiscal challenges while maintaining control over key industries.