In russia, the Scale of Nationalization in 2025 Broke All Records
1/10/2026

In russia, the scale of nationalization of private assets has grown rapidly, indicating a further curtailment of market mechanisms and increased state control over the economy. In 2025, the volume of forcibly seized property increased 4.5 times compared to 2024 and exceeded 3.1 trillion rubles, while the total amount of assets transferred to the state since 2022 reached 4.3 trillion rubles.
Big businesses were hit the hardest: in 2025, well-known russian billionaires lost their assets. dmitry kamenshchik lost “domodedovo” airport, denis shtengelev lost the KDV Group holding company, and konstantin strukov lost the “yuzhuralzoloto” group. Strategic enterprises, shopping centers, industrial facilities, energy companies, medical institutions, infrastructure facilities, and even educational institutions are being nationalized en masse. Property is being seized especially actively in moscow region, st. petersburg, the urals, and the far east.
The kremlin is using five key mechanisms to effectively deprive businesses of their property rights: from “anti-corruption” lawsuits and the review of privatization in the 1990s and 2000s to accusations of “extremism” and ties to foreign countries. This practice demonstrates the judicial system’s complete dependence on political decisions and turns nationalization into an instrument of political repression and redistribution of property in the interests of businessmen controlled by the putin regime.
