Russia Proposes Selling Confiscated Assets to Mass Investors

Sale of nationalized assets to mass investors – an opportunity for large business to acquire these assets under a...

Consensus

• A proposal was made to sell shares of state-confiscated companies to mass investors.
• The proposal is part of a new 'people's privatization' initiative.
• The initiative aims to restart an investment cycle in Russia.
• The assets being sold were confiscated by the state after the start of the war.
• The target investors are Russian citizens who have accumulated 60 trillion rubles in deposits.
• This is the third attempt to build 'people's capitalism' in Russia, following 'voucher privatization' and public IPOs.

Coverage (2 sources)

• Sale to mass investor of nationalized assets – opportunity for large business to get these assets under control... — The Insider
• Sale to mass investor of nationalized assets – opportunity for large business to get these assets under control... — Радио Свобода

Key entities

• RSPC
• Alexander Shokhin

More on Alexander Shokhin

• RSPP Head Proposes Insuring Against Terror Threats
• According to Shokhin, the first 'whale' is always a person
• Russia to Keep High Military Spending Post-Ukraine Peace