{"id":462676,"date":"2025-09-30T09:08:13","date_gmt":"2025-09-30T09:08:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/462676\/"},"modified":"2025-09-30T09:08:13","modified_gmt":"2025-09-30T09:08:13","slug":"russia-privatizes-iconic-soviet-animation-studio-soyuzmultfilm","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/462676\/","title":{"rendered":"Russia Privatizes Iconic Soviet Animation Studio Soyuzmultfilm"},"content":{"rendered":"

The Russian government has sold its stake in the iconic Soviet-era animation studio Soyuzmultfilm to an unnamed buyer after a 16-year delay, the RBC news website reported<\/a> Tuesday, citing a note attached to a draft amendment of the 2025 federal budget.<\/p>\n

The sale is reportedly expected to generate an additional 1.12 billion rubles ($13.5 million) in revenue, in line with the government\u2019s plans to increase income from the sale of state assets.<\/p>\n

Soyuzmultfilm confirmed the privatization but declined to disclose further details, citing its \u201climited access\u201d and \u201cnon-public\u201d status.<\/p>\n

Neither the buyer nor the sale price was revealed.<\/p>\n

Industry experts told RBC they estimate Soyuzmultfilm\u2019s value, including the rights to the studio\u2019s extensive library of classic animated films, at up to 1.3 billion rubles ($15.7 million).<\/p>\n

Soyuzmultfilm, which owns the rights to a \u201cgolden collection\u201d of more than 150 classic Soviet cartoons like \u201cCheburashka\u201d and \u201cNu, Pogodi,\u201d has been on the Russian government\u2019s privatization list since 2009.<\/p>\n

The studio became<\/a> a joint stock company in 2021 in preparation for the sale of at least 75% of its shares, with Russia\u2019s state property management agency Rosimushchestvo the sole shareholder.<\/p>\n

Russia\u2019s state lender Sberbank was initially reported<\/a> as Soyuzmultfilm\u2019s potential buyer. That sale fell through after Sberbank came under full blocking from U.S. sanctions in April 2022, following the full-scale Russian invasion of Ukraine. That month, Russian authorities classified Soyuzmultilm\u2019s shareholder information.<\/p>\n

Soyuzmultfilm reported a 2024 revenue of 624.3 million rubles ($7.5 million) and a net profit of 170.2 million rubles ($2 million).<\/p>\n

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