Russia assessed Bashkir Soda Company shares sale’s effect

The transaction was officially announced in June 2025.

"Among the major transactions that took place this year, we can note the sale of a block of state shares in Bashkir Soda Company worth 17 billion rubles. Thus, by the end of this year, we plan to earn about 90 billion rubles from privatization," said Vadim Yakovenko.

Mikhail Mishustin noted that much depends on the quality of management of state assets.

"The proceeds, income from renting, selling such property are used to build schools, kindergartens, social infrastructure, and for other purposes. And the quality of life of Russians and the achievement of the national development goals that the president sets for us directly depend on this," said the Prime Minister of the Russian Federation.

Bashkir Soda Company is the largest producer of soda ash and caustic soda in Russia, as well as a major producer of PVC and cable plastics. It also produces consumer goods and other chemical products. The company was established in 2013 through the merger of JSC Soda and JSC Kaustik.

Author: Sergey Nikolaev