Georgia privatizes more property than planned
In January-March, the republic sold 133 buildings
Privatization
Uzbekistan’s privatisation plans forge ahead
The government of Uzbekistan has surprised international economists by announcing plans to forge ahead in 2021 with its ambitious privatisation plans, despite the global Covid-19 pandemic, Euronews writes in the article Despite the pandemic, Uzbekistan’s privatisation plans forge ahead. The virus has caused enough economic stress that the European Bank for Reconstruction and Development (EBRD) recently suggested a slow-down of major privatisations might be wise. “Earlier plans for large-scale privatisation of state-owned banks and enterprises may have to be delayed in case of slower-than-expected economic recovery,” the bank’s annual country assessment said
Georgia privatises 38 state-owned assets
Georgian Prime Minister Giorgi Gakharia said that 38 state-owned assets have already been privatised through the '100 investment projects for business' program. Speaking at a government meeting, he noted that …
Russian Economic Development chief: privatization issue not removed from agenda
The Russian government did not remove the topic of privatization from the agenda, continues to work in this direction, Russian Minister of Economic Development Maxim Oreshkin said at a meeting with representatives of the …
Kudrin: Sberbank should be privatized in next 6 to 10 years
Russia's state should sell a portion of its majority holding in Sberbank, the chairman of the Board of the Center for Strategic Research, ex-Russian minister Alexei Kudrin said. He believes that the state …
Another 120 facilities of state property set out for privatization in Azerbaijan
The State Committee for property Affairs of Azerbaijan will hold another auction for the privatization of state property. The Committee informs that the next auction to set out totally 120 facilities will take place on 22 August. …
Siluanov: no new major deals set in Russia yet
No major deals are set in Russia for the foreseeable future, the country's Finance Minister Anton Siluanov said. "Privatization is always on the agenda," he noted, adding that there are strategic …
Kremlin: Russian government has no plans to privatize entire oil sector
The Russian Government have not yet considered privatization of the entire oil sector in the coming years, Presidential spokesman Dmitry Peskov told reporters commenting on ex-Finance Minister Alexey Kudrin …
Russia to net 17 billion rubles from privatisation deals
Russian government has adopted the program on privatization of state-owned assets for 2017-2019, Deputy Prime Minister Dmitry Kozak said. The government meeting headed by Prime Minister Dmitry Medvedev focused on the …
Karapetyan orders to elaborate state ownership program
Armenian Prime Minister Karen Karapetyan chaired a meeting devoted to the implementation of the Government program of privatization, the Armenian government's Department of Information and Public Relations said. …
Glencore and QIA announce Rosneft deal closed
The consortium of Glencore plc, the London-listed commodities trading and mining company, and Qatar Investment Authority (QIA) closed the deal of buying out Russian state-run oil company Rosneft’s 19.5% stake, Glencore said in a …
Mikhail Leontyev to Vestnik Kavkaza: Rosneft's privatization helped budget
Partial privatization of Rosneft allowed to resolve key issue - compensate the deficit of Russian budget, Rosneft press secretary Mikhail Leontyev said in an interview with Vestnik Kavkaza, commenting on the privatization of …
Rosneft to be privatized before December 15
Privatization of state-owned oil company Rosneft should be completed before December 15, the Russian President’s aide Andrei Belousov said. "Our date is December 15," he answered the question if the …
Hundreds of facilities open for privatization in Azerbaijan
Big sale has come to Azerbaijan: hundreds of facilities are open for privatization in 2016. The State Committee for Property Affairs informs that 137 non-profile assets of 25 state departments and organizations were set out for …
International Bank of Azerbaijan's privatization to be announced in 2017
Privatization of the International Bank of Azerbaijan (IBA) will be announced in 2017, the Chairman of the Board of Directors of the Financial Markets Supervision Chamber of Azerbaijan, Rufat Aslanli, said at a banking conference …
Iran to privatize 200 state-run companies
Head of Iranian Privatization Organization (IPO) Abdollah Pouri-Hosseini announced that 200 state-run companies will be transferred to the private sector by the end of the current Iranian calendar year (March 20, 2017), Shana …
Bashneft buys controlling stake in Rosneft
Russian Prime Minister Dmitry Medvedev has signed an order selling 50.075-percent stake in oil firm Bashneft to Rosneft. "I have signed today a decree on the sale of 50.075% of shares in oil company Bashneft …
Azerbaijan to privatize 140 state enterprises
Azerbaijan’s State Committee on Property Issues has announced an auction for October 11 for privatization of 85 state enterprises and facilities, the state committee said. These enterprises are located in the cities of Baku, …
Lukoil receives proposal to participate in privatization of Bashneft
Russian oil major Lukoil has received a letter with the proposal to participate in privatization of Bashneft and is now considering it, a company's spokesperson said. "We have received the proposal and we are studying …
Shuvalov: Rosneft and Bashneft in talks with government
Potential buyers of Rosneft and Bashneft shares are already in talks with the Russian government, the First Deputy Prime Minister Igor Shuvalov said. "There are two deals we’re first of all concerned about - …
