Nationalization is in full swing – the volume of assets seized in favor of the state in Russia has tripled.

Translation. Region: Russian Federation –

Source: Mainfin Bank –

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Image: mainfin.ru

Why does the state nationalize private assets?

Analysts note a trend toward the transfer of ownership from private owners to the state. Business nationalization is occurring for the following reasons:

When company owners commit corruption-related crimes; when businesses violate legal requirements regarding the participation of foreign companies in strategic business segments; when asset owners are accused of extremism or terrorism; when business owners commit other crimes, such as illegal capital withdrawal and bankruptcy.

"Previously concluded property privatization transactions are not subject to revision—the nationalization of assets is being carried out on the basis of criminal acts committed at the present time," the head of the Supreme Court noted.

Property nationalization transactions in 2025 took up more than 27% of the market

What were the largest business nationalization deals in 2025?

Key Deals in the M Market

A group of Far Eastern fishing companies worth over $4 billion, owned by the "crab king" Kan; the Yuzhuralzoloto group of companies, whose assets were seized by the state; the IT company Lesta, whose owners were accused of extremism; and Domodedovo Airport, the seizure of which from its foreign owner was linked to the need to ensure the defense and security of the state.

In addition, in the M market

14:45 02/17/2026

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