Financial news: On December 23, 2025, the Federal Treasury will hold a deposit auction of 22,025,446.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Application selection parameters;

The application selection date is December 23, 2025. Unique application selection identifier is 22,025,446. Deposit currency is rubles. Fund type is a Single Treasury Account. The maximum amount of funds placed in bank deposits, in monetary units, is 40,000,000,000. Placement period, in days, is 364. Funds deposit date is December 23, 2025.

The return date is December 22, 2026. The interest rate for placing funds (fixed or floating) is FLOATING. The minimum fixed interest rate for placing funds, in % per annum is the basic floating interest rate for placing funds RUONmDS. The minimum spread, in % per annum is 0. Terms and conditions of the bank deposit agreement (term, replenishable, or special). Replenishable. The minimum amount of funds placed for one application, in monetary units, is 20,000,000,000. The maximum number of applications from one credit institution is 2. Application selection form (Open with random completion, Closed, Open with extension). Open with extension. Application selection schedule (Moscow time). Venue for the application selection. Moscow Exchange. Applications will be accepted from 10:00 to 10:20. Applications in preliminary mode will be submitted from 10:00 to 10:05. Bids in competition mode from 10:15 to 10:20. Random bidding end period (sec.): 0 Bid step: 0.1 Time step (sec.): 60.

The extension period ends at 10:30:00. The consolidated register of applications is generated from 10:30 to 11:00. The cutoff interest rate is set and/or the selection of applications is declared invalid from 10:30 to 11:10. An offer to enter into a bank deposit agreement is sent to credit institutions from 11:10 to 11:30. Acceptance of an offer to enter into a bank deposit agreement is received from credit institutions from 11:10 to 11:30. Deposit transfer time In accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023, No. 10n

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On December 23, 2025, the Federal Treasury will hold a deposit auction of 22,025,445.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Application selection parameters;

Application selection date is 23.12.2025. Unique application selection identifier is 22,025,445. Deposit currency is rubles. Type of funds is the Unified Treasury Account. The maximum amount of funds placed on bank deposits, in monetary units is 498,000,000,000. Placement period, in days is 2. Date of depositing funds is 23.12.2025. Date of return of funds is 25.12.2025. Interest rate for placing funds (fixed or floating) is FIXED. Minimum fixed interest rate for placing funds, % per annum is 15.28. Basic floating interest rate for placing funds is Minimum spread, % per annum is Terms and conditions of concluding a bank deposit agreement (term, replenishable or special) is Term. The minimum amount of funds placed for one application, in monetary units, is 1,000,000,000. The maximum number of applications from one credit institution, pcs. 2. Application selection form (Open with random completion, Closed, Open with extension). Open with random completion. Application selection schedule (Moscow time). Venue for application selection: Moscow Exchange. Applications will be accepted from 10:00 to 10:10. Applications in preliminary mode from 10:00 to 10:05. Applications in competition mode from 10:05 to 10:10. Random trading end period (sec.): 120 Bid increment:

Time step (sec.):

Extension period end time:

Formation of a consolidated register of applications from 10:30 to 11:00. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:30 to 11:10. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:10 to 11:30. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:10 to 11:30. The time of deposit transfer in accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On the placement of additional issue No. 1 of exchange-traded bonds series 006P-04P of Gazprombank (JSC) on December 23, 2025.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

We inform you that in accordance with Part I. General Part of the Rules for Conducting Trading on the Stock Market, Deposit Market, and Credit Market of PJSC Moscow Exchange MICEX-RTS and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market, and Credit Market of PJSC Moscow Exchange MICEX-RTS, approved by the decision of the Supervisory Board of PJSC Moscow Exchange on August 1, 2025 (Minutes No. 4), the following form, time, term, and procedure for the placement of series 006P-04P Gazprombank (JSC) exchange-traded bonds (Additional Issue No. 1) have been established:

Name of the Issuer Gazprombank (Joint Stock Company)
Name of the security Exchange-traded discount non-convertible non-documentary bonds series 006P-04P (Additional issue No. 1)
Identification/registration number of the issue 4B02-04-00354-B-006P dated 12/18/2025
Placement start date December 23, 2025
Trading start date December 23, 2025
Information about the placement (Trading mode, placement form) The "Placement: Addressed Orders" trading mode involves concluding transactions based on addressed orders at a fixed price (yield). (Settlement: Ruble)
Trade code RU000A10DMP5
ISIN code RU000A10DMP5
Placement price The placement price of Exchange Bonds is set at 530.00 (Five hundred thirty rubles 00 kopecks) per one Exchange Bond, which corresponds to 53% (Fifty-three) percent of the par value of the Exchange Bond.
Settlement code Z0
Underwriter Gazprombank (Joint Stock Company) (Bidder Identifier: MC0009800000, short name of the organization in the Bidding System: GPB (JSC)
Trading time on the placement start date of December 23, 2025. Trading hours: bid collection period: 10:00–13:00; bid execution period: 14:00–16:30.

After the satisfaction period ends:

Application collection and processing period: 16:45 – 18:30.

However, the submission of applications for concluding transactions is not permitted from 17:29 until information is received from the NCO NCC (JSC) about the completion of processing the report on the consolidated order of the DEPO.

Trading time for placement during the period other than the start date of placement and up to and including December 29, 2025

Time for collecting applications and concluding transactions: 10:00 – 18:30.

However, the submission of applications for concluding transactions is not permitted from 17:29 until information is received from the NCO NCC (JSC) about the completion of processing the report on the consolidated order of the DEPO.

The time of the auction for the placement is December 30, 2025.

Time for collecting applications and concluding transactions: 10:00 – 16:00.

On the basis of the issue documents, when placing securities, it is not permitted to submit applications and execute transactions on behalf of Trading Participants, as well as on behalf of Clients of Trading Participants, if such persons are associated with a foreign state included in the List of foreign states and territories committing unfriendly acts against the Russian Federation, Russian legal entities and individuals, approved by Order of the Government of the Russian Federation dated 05.03.2022 No. 430-r (as amended on the date of filing the application), or are under the control of the said persons, with the exception of controlled foreign companies in accordance with Decree of the President of the Russian Federation dated 05.03.2022 No. 95 “On the temporary procedure for fulfilling obligations to certain foreign creditors”.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

A RUDN University student created an interactive culinary map of Vietnam.

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

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Fourth-year student at the RUDN University Graduate School of Management, Le Thi Huong Ly (Tourism major), developed and registered an interactive gastronomic map of Vietnam with Rospatent. The digital guide allows for a deeper dive into the country's culture, planning delicious itineraries, and supporting local businesses.

The project, created under the guidance of academic supervisor Olga Zeveke, is more than just a website. It is a research project that combines modern IT technologies with the preservation of cultural heritage.

What can the card do?

An interactive map is a comprehensive digital product that solves several traveler's problems at once:

Information. The map displays traditional dishes, drinks, and local products (delicacies) from different regions of Vietnam. Navigation. Users can find places to try local food, from street vendors to restaurants. Cultural immersion. Each spot is provided not just with a description, but also with cultural context—the history of the dish, its ingredients, and photographs.

This approach is fully consistent with the global trend of considering cuisine a key element of cultural identity and a powerful tourism resource. Vietnam's culinary heritage is rich and diverse.

Relevance of the project

The RUDN University student's development is interesting not only from a tourism perspective but also from an economic one. The map could become a tool for supporting local businesses, as it directly assists producers and restaurants by providing them with a digital "shopfront" to attract tourists.

"The project also fulfills an important mission of preserving and digitally recording unique recipes and traditions, which is especially valuable in the era of globalization," noted Le Thi Huong Ly.

Furthermore, the map is in line with the development of culinary tourism. The project fits perfectly into Vietnam's strategy for developing as a tourist destination, where experiencing authentic cuisine is the primary motivation for travel. The development of culinary tourism has been officially recognized as one of the country's priorities.

Technology and the Future

The project is designed as a website, making it accessible from any device. Its interactivity is a key advantage. Users can select regions, explore detailed information about dishes, filter establishments by type, and plan their own personal gastronomic itinerary.

The project's overall goal is to create a unified platform uniting culinary specialties (gastronomic attractions) from around the world. This is a striking example of how academic knowledge, applied research, and the personal initiative of a RUDN student can lead to the creation of a real, sought-after product at the intersection of education, culture, and modern technology.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

The government approved the Concept for the Scientific and Technological Development of the Russian Transport Complex through 2035.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Document

Order No. 3871-r of December 19, 2025

By 2035, Russia must establish at least nine scientific and technological competence centers, as well as up to 50 laboratories, aimed at developing new types of transportation equipment, as well as new materials and technologies for transport construction. This is one of the objectives of the Concept for the Scientific and Technological Development of the Russian Transport Complex through 2035. Prime Minister Mikhail Mishustin signed the order approving this strategic planning document.

The new centers' areas of focus include the development of high-speed rail, autonomous (unmanned) vehicles, electric vehicles and charging infrastructure, hydrogen-fueled transport, as well as the development of the Trans-Arctic Transport Corridor and transport logistics technologies.

A research institute for transport will coordinate scientific research and experimental development for the transport sector, including through new competence centers. It will be established within the Russian University of Transport.

The new competence centers and laboratories are expected to increase applied scientific research, which in turn will lead to the launch of new start-ups in the transportation sector.

The same goal is pursued by the creation of youth technology entrepreneurship centers (business incubators) at industry universities and the launch of a grant program for student startup developers.

Comment

From Mikhail Mishustin's opening remarks at the operational meeting with deputy prime ministers, December 22, 2025

Commenting on the adopted documentmeeting with deputy prime ministers on December 22Mikhail Mishustin noted that one of the main goals is to transition to a centralized model for managing industry-specific scientific research, so that scientists can focus on solving the most complex technological problems.

"This will accelerate the development of promising markets, facilitate the development of competitive services based on innovative engineering principles, and ensure an improvement in the quality of life for our citizens," the Prime Minister emphasized.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Dmitry Patrushev and Kostroma Region Governor Sergei Sitnikov discussed the development of the region's agro-industrial complex and its environmental protection.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Deputy Prime Minister Dmitry Patrushev held a working meeting with Kostroma Region Governor Sergei Sitnikov. The main topics discussed were the development of the region's agro-industrial complex and environmental protection.

In 2025, the federal budget allocated to support the Kostroma Region's agro-industrial complex more than doubled, reaching approximately 450 million rubles. Systematic state support for the industry allows the region to steadily increase agricultural production. Furthermore, measures to bring agricultural land into production are aimed at this goal, which was also discussed at the meeting. Dmitry Patrushev noted the importance of providing farmers with the necessary material and technical resources and emphasized the need for timely delivery of state support funds to final recipients.

Sergey Sitnikov reported positive growth in vegetable and potato growing, as well as poultry farming. Furthermore, the Kostroma Region is a traditional cheese center in Russia. Seven large cheese factories operate in the region, producing over 60 types of cheese. Over the past 10 years, production volumes of this product, both nationally and in the Kostroma Region, have increased exponentially.

The Deputy Prime Minister and the regional governor also discussed environmental issues and waste management. As part of the national project "Environmental Well-Being," the Kostroma Region is participating in two federal projects—"Circular Economy" and "Forest Preservation." Plans are currently being developed to build new waste management facilities for the regional capital and the surrounding areas, where the majority of the region's population resides. Furthermore, by 2030, the region plans to acquire forest firefighting and forestry equipment, expand the area under reforestation, and establish and develop forest seed production facilities.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Marat Khusnullin: More than 6 million trips have been made by motorists using the Malye Vyazmy bypass on the Central Ring Road in the year since its opening.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

In the Moscow Region, over the past year since the opening of the Malye Vyazyomy bypass on the Central Ring Road on December 22, 2024, drivers have used the new road over 6 million times, according to Deputy Prime Minister Marat Khusnullin.

"The Central Ring Road is the backbone of Russia's highway network and part of international transport corridors. Therefore, the new bypass around the village of Malye Vyazemy, which the President opened a year ago, has become a driver of development not only for the Moscow Region but for the entire central region. This has ensured efficient transport links between Moscow Region towns and strengthened interregional ties. We see that this bypass is in high demand among drivers: in the first year since its opening, drivers made over 6 million trips. The new road has significantly improved traffic conditions in Odintsovo, Zvenigorod, Golitsyno, Istra, and Kubinka, reducing travel time from Zvenigorod to Odintsovo city center and to Vnukovo Airport. Furthermore, the opening of the bypass has relieved the traffic congestion in Malye Vyazemy, which is crucial for the comfort of local residents," said Marat Khusnullin.

The Deputy Prime Minister added that the new road has a positive impact on freight traffic. On average, approximately 3,700 trucks travel along the section daily. Furthermore, the bypass eliminated the road's at-grade intersection with the Smolensk-bound railway tracks, where trains run at intervals of two to three minutes, or a maximum of five minutes, during peak hours. This created significant problems for drivers, especially during the summer season. Now, drivers no longer have to waste time waiting for trains to pass.

Vyacheslav Petushenko, head of the state-owned company Avtodor, noted that the opening of the Malye Vyazmy bypass was one of the most anticipated events for millions of residents of the Moscow region.

"It's important to note that the commissioning of this seemingly small section was of enormous significance for the region. The Malye Vyazmy bypass on the Central Ring Road immediately became a popular choice for drivers, averaging over 16,500 trips per day. Notably, peak traffic during the first year since its opening was most often observed on Fridays. For example, traffic peaked on Friday, September 26, 2025, when drivers made approximately 27,500 trips on the new section in one day," said Vyacheslav Petushenko.

The bypass around the village of Malye Vyazyomy has four lanes—two in each direction. Electric lighting has been installed to ensure safe passage at night. Five artificial structures have also been constructed, including three interchanges—at the intersection with Petrovskoye Highway, Yamskaya Street, and near the Golitsyn Poultry Farm—as well as a bridge over the Bolshaya Vyazemka River and a tunnel. For the comfort of Malye Vyazyomy residents, 29,000 square meters of noise barriers have been installed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: VIM Investments funds are now available on the Finuslugi marketplace.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

On December 22, 2025, shares of four open-end mutual investment funds (OUIFs) of the management company VIM Investments became available to clients of the Finuslugi marketplace.

New funds offer marketplace users the opportunity to invest in shares of Russian public companies, government bonds, and corporate bonds:

"VIM – Balanced. Russian Issuers" is aimed at investors seeking income from investing in stocks and bonds of major Russian issuers. "VIM – Bonds. Russian Issuers" – the fund's assets are invested in government, sub-federal, and corporate bonds. "VIM – Shares. Russian Issuers" – the fund's assets are invested in fundamentally undervalued Russian stocks, with a focus on blue chips—the largest and most financially stable companies with high market liquidity. "VIM – Oil and Gas Sector" – invests in ordinary and preferred shares of leading Russian oil and gas companies.

Finuslugi clients now have access to 44 mutual funds from eight management companies.

Gleb Yuchenkov, Director of Investment Products at Finuslugi marketplace:

"Today, four new mutual funds from one of the market's largest management companies, VIM Investments, became available on Finuslugi. For investors, the collective instruments market offers access to professional asset management, the opportunity to diversify risks, and save time on analyzing and purchasing securities. Investors can compare dozens of different mutual funds, investing in them without opening a brokerage account—directly through their Finuslugi personal account. The addition of major management companies to Finuslugi demonstrates the marketplace's popularity not only among investors but also among market participants, who can reach a new audience."

Vladimir Kirillov, Executive Director of VIM Investments:

"Connecting to the Finuslugi marketplace is an important step in making our investment products more accessible to a wider range of investors. Now, through a convenient digital service, anyone can purchase shares in our eight mutual funds, focused on a variety of strategies—from conservative bonds to oil and gas stocks. This will simplify the investing process and help Russians manage their savings more effectively."

The minimum investment amount in VIM Investments funds on the marketplace is 100 rubles. Finuslugi does not charge a commission for transactions with shares listed on the platform. To start investing and purchase shares online on the marketplace, simply identify yourself through Gosuslugi.

Finuslugi is a money marketplace created by the Moscow Exchange. On Finuslugi, you can open bank deposits, take out cash loans, purchase mutual fund shares, public bonds of Russian regions, as well as compulsory motor insurance (OSAGO), comprehensive motor insurance (CASCO), mortgage insurance, property insurance, and other products. You can top up your Finuslugi account commission-free, 24/7, using the Faster Payment System (FPS).

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Alexander Novak launched new energy facilities in the country's regions.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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On Energy Workers' Day, Deputy Prime Minister Alexander Novak launched new power facilities in four regions of the country: the Granit substation in the Republic of Karelia, the Veduchi substation in the Chechen Republic, the Polymetal substation in Khabarovsk Krai, the Central Distribution Substation in Krasnoyarsk Krai, and the second power unit of Krasnoyarsk Thermal Power Plant No. 3.

These facilities are involved in addressing key regional development challenges, including providing energy and heat to homes and social institutions, developing mineral deposits, achieving industrial growth, and realizing tourism potential. They are built using domestic technological solutions and demonstrate successful efforts to substituting imports and strengthening technological leadership, which is a government priority.

"Today, technologically complex facilities built using state-of-the-art Russian equipment were commissioned. These launches confirm that, despite all the challenges facing our country, the energy sector continues to develop and address the objectives set by the President to improve the reliability of power supply and connect new consumers. I wish all industry workers success and congratulate you on your professional holiday," said Alexander Novak.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Marat Khusnullin: More than 52 million trips were made by motorists on the M-12 "Vostok" highway in two years.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Marat Khusnullin: More than 52 million trips were made by motorists on the M-12 "Vostok" highway in two years.

On December 21, 2023, Russian President Vladimir Putin opened the M-12 "Vostok" expressway from Moscow to Kazan. Since its opening, more than 52 million vehicle trips have been recorded on this section, according to Deputy Prime Minister Marat Khusnullin.

"The construction of the M-12 Vostok highway has become one of the most ambitious projects of our time. Thanks to the new expressway, travel time for motorists has been cut almost in half. The commissioned sections of the highway have had a multiplier effect not only on the regions they pass through, but also on the economy of the entire country. The road is in demand among motorists: in just two years since the launch of traffic from Moscow to Kazan, more than 52 million trips have been recorded. Thanks to the highway, new logistics routes are being formed. Thus, since the launch of traffic on the M-12 Vostok, more than 150 million tons of cargo have been transported. Moreover, the M-12 Vostok contributes to the active development of domestic tourism, and statistics for the regions located along the highway confirm this. A significant increase in hotel room occupancy is shown in the Moscow, Vladimir, and Nizhny Novgorod regions, as well as the Republic of Tatarstan and the Chuvash Republic – from 30 to 100%. Moreover, in these regions, the road has also given impetus to housing development construction, expansion of their urban development potential,” said Marat Khusnullin.

The highway's development continues. In July 2025, the President of Russia opened a new section of the M-12 highway from the town of Dyurtyuli to the village of Achit, extending the route to Yekaterinburg. Today, a high-speed, traffic-light-free route from St. Petersburg to Yekaterinburg is available, covering the distance in 22 hours—almost twice as fast as before. This is part of the "Rossiya" transport route from St. Petersburg to Vladivostok.

Roadside services are also actively developing on the M-12 "Vostok" highway. Currently, 24 multifunctional road service zones (MFSZs) operate between Moscow and Kazan. They provide all necessary services for drivers and passengers on short and long-distance trips. Furthermore, this year, the first hotel on this highway was opened within the MFSZ at kilometer 421 near Arzamas in the Nizhny Novgorod region.

According to Vyacheslav Petushenko, head of the state-owned company Avtodor, traffic intensity during peak periods is almost three times higher than the annual average.

"On sections of the M-12 Vostok near Moscow, the average traffic volume is around 40,000 vehicles per day, and during peak periods, it's around 66,000. Moreover, on almost every transit section, this figure is even higher in August and on holidays. For example, if the average traffic volume in the Arzamas area is around 10,000 vehicles, then during peak periods it's around 30,000 vehicles. Overall, the demand for the M-12 Vostok highway is growing along with its development. Sections of the M-12 Vostok located beyond Arzamas have shown significant growth—more than 40% compared to last year. This is due, among other things, to the opening in July of this year of the new Dyurtyuli-Achit section of the M-12, which connects the Republic of Bashkortostan, Perm Krai, and Sverdlovsk Oblast. This trend shows that long-distance trips are becoming popular among drivers, and transit traffic is becoming more and more popular. “more intense,” Vyacheslav Petushenko emphasized.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.