Privatization

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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, …

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Peskov: no privatization list yet

The final parameters of the privatization of large state-owned Russian companies are not defined yet, the work is underway, the Kremlin spokesman Dmitry Peskov said. A Kremlin spokesman said that "only framework …

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