President of Russia Vladimir Putin: Let us discuss the annual performance. Go ahead, please.
Head of the Federal Agency for State Property Management Vadim Yakovenko: Thank you very much.
Mr President, I would like to report that the Federal Agency for State Property Management has fully carried out its workplan for 2025. We brought 638 billion rubles into Russia’s state coffers, its budget.
As usual, dividends from companies in which the state has a stake accounted for most of these proceeds, standing at 521 billion rubles. These funds mostly come from oil and gas companies and banks, just as in previous years. The Russian Federation earned the other 116 billion rubles through our agency by privatisation, leasing land, selling land plots and renting operations. Over the past three years, from 2023 to 2025, the agency generated 1.5 trillion rubles in revenue for the Russian Federation.
We continued working on federal property inventories. During the period from 2023 to 2025, the treasury received 1,205,000 sites, up 42 percent. That said, I think that our biggest achievement was that we finally succeeded in harmonising our data. Today, data about state property as recorded in the federal property registry fully matches the registry of the Federal Service for State Registration, Cadastre and Cartography. This has been long in the making.
Mr President,
The Agency has been proactive in promoting economic activity involving sites and land plots owned by the treasury. Since 2023, the number of such sites has increased by almost 87,000.
Not only do we add these new sites, but we also work hard to use them. Today, 50 percent of treasury-owned sites are contributing to the economy: some were transferred to the regions or assigned to specific entities and leased. In 2023, this generated almost 5 billion rubles in budget revenue.
We work actively with the regions of Russia. For example, the Murmansk Region received docks for building a ship-repairing cluster. It will serve fishing ships and civilian vessels operating along the Northern Sea Route.
We transferred several sites to the Vologda Region with about 3,500 square metres of floor space and the adjacent land plots. The Cherepovets Municipal District’s administration is currently selecting an investor and designing a children’s sports school.
Vladimir Putin: There are also tourist sites, correct?
Vadim Yakovenko: Yes, there are. You are absolutely right, Mr President. Overall, Vologda is currently a vibrant region, as I will tell you later.
Regarding land plots, we observed significant growth following the cadastral survey we carried out last year. Currently, over 1.2 billion hectares of land are registered with the Russian Federation treasury. Revenue from leasing the land we manage generated 16 billion rubles last year, and this income has demonstrated steady growth over the past three years.
To give you an example, in the Republic of Tatarstan, we transferred approximately 49 hectares of land to Tatneft. This will enable the construction of a plant producing acid and bio-components for motor fuels, with investment expected to reach approximately 109 billion rubles, creating 300 jobs.
In the Khabarovsk Territory, we have transferred 266 hectares of land to our colleagues for the construction of a ski resort, which will accommodate up to 100,000 visitors per season.
Regarding the new regions, for the past three years, we have been working to delineate ownership in the reunified territories: the Lugansk and Donetsk people’s republics, and the Zaporozhye and Kherson regions. By the end of 2025, 750,000 such assets had been delineated. Of these, 289,000 remain federal property, including energy grid assets, mines, railway and port infrastructure, while 460,000 remain under regional ownership.
In 2025, we fully completed the delineation of federal property in these regions. We are now assisting our colleagues from the constituent entities in completing this work, particularly with regard to distinguishing regional and municipal property.
Vladimir Putin: We must do our utmost to help them take control of their property.
Vladimir Yakovenko: Yes, that’s absolutely correct, Mr President.
I would now like to turn to the work of Rosimushchestvo alongside the Federation Council, our senators, and regional colleagues in improving the appearance of our cities.
At the instruction of the Federation Council, we conducted an audit of federal property located across the regions and identified 6,415 properties in unsatisfactory condition. Together with our colleagues, we determined their intended function and the appropriate course of action for each. By the end of last year, 3,724 of these properties had already been repaired and renovated – some were privatised, while others were transferred to regional ownership.
This year, in 2026, we plan to complete work on a further 1,560 such sites, and work is already underway in several locations. A case in point is the Vologda Region, where a cultural heritage site shown on this slide – the wooden manor of Pavel Puzan-Puzyrevsky, now a museum – has been essentially restored from ruins.
Mr President,
We are also working with assets seized for state use by court order. I am ready to provide you with a detailed update on this matter.
Vladimir Putin: Good, thank you.
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