Privatization

22 Jan 2021 in 0:19

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

30 Jan 2020 in 15:20

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 …

12 Dec 2018 in 13:00

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 …

27 Jul 2017 in 14:50

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 …

24 Jul 2017 in 18:00

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. …

26 Jun 2017 in 11:10

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 …

1 Jun 2017 in 13:55

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 …

2 Feb 2017 in 16:40

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 …

30 Jan 2017 in 13:00

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. …

4 Jan 2017 in 10:40

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 …

8 Dec 2016 in 19:01

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 …

29 Nov 2016 in 11:50

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 …

24 Nov 2016 in 23:45

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 …

24 Nov 2016 in 13:40

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 …

18 Oct 2016 in 10:50

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 …

10 Oct 2016 in 15:00

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 …

13 Sep 2016 in 9:55

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, …

20 Jul 2016 in 13:30

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 …

25 Apr 2016 in 13:00

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 - …

1 Mar 2016 in 14:40

Rouhani announces privatization of auto making industry

Iranian President Hassan Rouhani said that the government plans to privatize the country’s auto making industry to make it competitive in the world market. "The state have never succeeded in the …