The future of construction engineering was discussed at the Polytechnic University.

Translation. Region: Russian Federation –

Source: Peter the Great St. Petersburg Polytechnic University –

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The Polytechnic University hosted the 2nd All-Russian Conference "Development of the Technical Customer Institute. Exchange of Best Practices and Technologies in Construction Project Management," organized by the National Association of Technical Customers and Other Organizations in Engineering and Construction Management (NOTEKH). The event was supported by the Ministry of Construction, Housing, and Utilities of the Russian Federation, the Main Directorate of State Expertise, and the public-law company "Single Customer in Construction." The SPbPU Institute of Civil Engineering served as a business partner for the conference. The event brought together representatives of investors, customers, and other key participants in investment and construction projects from across Russia.

The official portion of the first day of the conference began with the 2nd All-Russian Meeting of the NOTECH Association, "Development of the Technical Contractor Institute." The meeting focused on the development of the construction management market in Russia, the activities of the NOTECH Association, the regulatory framework for contracting, and the digitalization of investment and construction project management. Special attention was paid to best practices in training specialists, current professional standards, and tools for developing human resources in the construction industry. Alexey Nikitin, President of the NOTECH Association, moderated the session.

Alexander Lomakin, First Deputy Minister of Construction, Housing and Utilities of the Russian Federation and Chairman of the Supervisory Board of the NOTECH Association, addressed the meeting participants with a welcoming speech.

The construction community currently faces important challenges stemming from the adoption of the Strategy for the Development of the Construction Industry of the Russian Federation until 2030 with an outlook to 2035. The Russian Ministry of Construction consistently continues to improve the construction industry, including in the areas of regulatory and technical regulation, streamlining administrative procedures, and creating transparent conditions for the implementation of investment projects in the regions. The conference is a platform for professional networking, developing new solutions, and sharing best practices. I expect that the event will result in the proposal of systemic measures to strengthen the role of technical clients, which will be reflected in regulations and practices for technical clients in both commercial and government agencies, noted Alexander Lomakin.

At the meeting, Marina Petrochenko, Director of the SPbPU Institute of Civil Engineering, presented a paper entitled "A New Model for Training Technical Customer Specialists: SPbPU—NOTEKH Association." She discussed changes in higher education—the transition from a two-tier training system to a comprehensive, single-cycle model within a 4-6-year specialist degree program. Particular attention was paid to the joint corporate master's program "Organization and Management of Investment and Construction Projects" between SPbPU Institute of Civil Engineering and the NOTEKH Association. This program aims to train a new generation of specialists—technical customers 4.0—proficient in digital engineering technologies, lifecycle management, and AI/TIM tools, as well as the scaling of the advanced training program "Technical Customer: From Strategy to Practice."

Today, it is especially important to unite the efforts of educational and professional communities to develop a new model for training construction engineers and managers. St. Petersburg Polytechnic University is ready to serve as a platform for combining competencies and resources to create a relevant, practice-oriented training program for construction technical customer specialists, noted Marina Petrochenko.

At the conclusion of the plenary session, the President of the NOTECH Association, Alexey Nikitin, presented a letter of gratitude to Marina Petrochenko, Director of the Civil Engineering Institute, for her cooperation and active participation in organizing the conference.

The first day of the conference also featured a project-based interactive session dedicated to the practical aspects of technical customer operations, a roundtable discussion titled "Under the Auspices of Olympus. Organizing Interaction with Banks, Solving Financial and Technical Control Issues," a panel discussion, and a practical conference titled "Team in the Picture. Traditions and Innovations in Training Engineering and Management Specialists." A special event at the conference was the student track. Polytechnic students participated in an interactive business game titled "Field Construction Management" hosted by IRBIS Engineering Corporation and Gazprom TsPS.

The second day of the conference began with a signing ceremony of a cooperation agreement between the NOTEX Association and the NAVIBRIS Engineering Knowledge Platform. This was followed by a panel discussion, where participants discussed digitalization in practice, digital documentation, and the maturity of technical clients. Other topics included a roundtable discussion, "Risk Management in Construction Today: Myths and Reality," a visionary discussion, "Infrastructure Breakthrough: Implementing Russia's National Urban Development Projects," and a joint roundtable discussion between the NOTEX Association and RBC, "Customer Service in Engineering and Construction Management."

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SPbGASU won two nominations in the All-Russian competition of educational programs using nanoCAD software products.

Translation. Region: Russian Federation –

Source: Saint Petersburg State University of Architecture and Civil Engineering –

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The Saint Petersburg State University of Architecture and Civil Engineering won the prestigious All-Russian competition for educational programs using the domestic nanoCAD software.

The competition committee was chaired by Russian Senator Ivan Yevstifeyev, a member of the Federation Council Committee on Economic Policy. Representatives from the Ministry of Industry and Trade, the Ministry of Digital Development, Communications and Mass Media, and the Ministry of Construction, Housing and Utilities of Russia participated in the awards ceremony.

The University demonstrated outstanding results, winning awards in two key competition categories:

In the category of building structures and architecture, the Department of Architectural and Civil Engineering at SPbGASU won; in the category of utility networks, the Department shared first place with Privolzhsky State Transport University (Samara). In this category, the Department of Heat, Gas, and Ventilation at SPbGASU and the Department of Railway Power Supply at Privolzhsky State Transport University shared first place.

Leading Russian architectural and civil engineering universities participated in the competition, organized by Nanosoft Development LLC. Winning in two categories confirms the high level of training of SPbGASU's faculty, the effectiveness of its teaching methods, and their relevance to modern design technologies.

Successful participation in the competition is a significant achievement for our university, demonstrating the quality of our educational programs and the professionalism of our teaching staff. The use of domestic software allows us to train specialists who fully meet the demands of the modern labor market.

These results will stimulate the further development of SPbGASU's educational programs and the introduction of advanced technologies into the educational process. The university will continue to refine its teaching methods using modern CAD systems.

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 Romance of Archaeological Expeditions: "We Lived in a Greenhouse, from Which We Brought Out Seedlings, Snakes, and Bears"

Translation. Region: Russian Federation –

Source: Novosibirsk State University –

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The exhibition "Everyday Life and Romance of Archaeographic Expeditions (for the Anniversary of Archaeography in Siberia)" opened at NSU during the All-Russian scientific conference "Source Studies of Old Russian Literature and Language (Archaeography, Textual Criticism, Poetics)," which took place from October 16-18. It features photographs from various years and personal belongings of the participants of the early expeditions—from canvas jackets and sneakers, camping utensils and notebooks to ship tickets and early printed books.

Many participants at the exhibition's opening ceremony recognized themselves in old photographs and reminisced about trekking through the taiga, traveling to the expedition site by steamship, and being welcomed by the Old Believers in their settlements. And, of course, they spoke of their mentors and teachers. Many warm words were spoken about the founder of archaeographic expeditions, Elena Dergacheva-Skop. Grateful students remembered her as an energetic, thorough, and very cheerful woman, dedicated to science and passionate about her work. It was she who drew many of those present into the amazing world of ancient manuscripts, early printed and handwritten books, awakening in them the passion for scientific inquiry and the desire for new discoveries. Not all of them subsequently dedicated their careers to archaeography, but they did not abandon their scientific work and continued their research in other fields.

NSU Rector and RAS Academician Mikhail Fedoruk attended the exhibition opening. He noted the significant contribution of NSU Humanities Institute researchers to science and the significance of their expeditionary work. Then, Ekaterina Turuk, a research fellow at the NSU Humanities Institute's Laboratory of Archaeography and Source Studies, spoke about the exhibition and the most interesting exhibits on display.

This exhibition is dedicated to the 60th anniversary of archaeological expeditions to Siberia, the very date when Elena Ivanovna Dergacheva-Skop, Vladimir Nikolaevich Alekseev, and Elena Konstantinovna Romodanovskaya, a staff member of the Institute of History, Philology, and Philosophy of the Siberian Branch of the Russian Academy of Sciences, led our philology students on their first trip to the Siberian Old Believers. Since then, these expeditions have become regular events. We envisioned a slightly lyrical, romantic, and even homely feel to this exhibition, hence its title. It turned out that the personal belongings of the archaeological expedition participants represent the everyday life, while the photographs they provided provide the romantic touch. We are grateful to everyone who responded to our request and participated in the search for artifacts for our exhibition. Thanks to them, the exhibition features unique exhibits. "That's how we acquired Elena Ivanovna Dergacheva-Skop's handbag, which she used to carry the expedition participants' tickets, a whole box of Oleg Albertovich Donskikh's diaries, and photographs from his personal archive. And at our insistence, Andrei Yuryevich Borodikhin found the very jackets and backpack he used on the expeditions. He even managed to miraculously find his hiking shoes, mug, and kettle! He even shared a bear tooth, given to him by the Old Believers as a talisman. All these items can be seen at our exhibition," said Ekaterina Turuk.

A significant portion of the exhibition is made up of photographs. Archaeography Laboratory staff members Ekaterina Turuk, Inna Shilova, Grigory Belousov, and GI Master's student Anna Cherkasova have accomplished a significant amount of work, working with the photo archive. They classified and sorted the photographs, digitized the slides, and identified the people depicted in them. The result is an extensive photo gallery of expedition images, from the first to this year's. Looking at these images, the participants of the first expeditions reminisced about their student years and eagerly shared their memories with current humanities students.

In the 1960s, our lives were completely steeped in romanticism. Romance was the key word of our youth. We even dedicated our entrance essays to it, on a free topic, in which we wrote about our understanding of romance. So, for us, romance wasn't about waiting on the pier for a beautiful frigate with scarlet sails. We were enchanted by the romance of difficult journeys. For us, it was hiking, the taiga, scientific research, and overcoming difficulties. And there were plenty of them on expeditions! On our first expedition, Elena Ivanovna and I set off on a large motor ship called the "Maria Ulyanova" to the north of the Tomsk region. We disembarked in the village of Molchanovo, where we were put up in a large room. I think it was a hotel. And then we hit the taiga trails. I remember a funny incident: I was paralyzed with fear when I came across three snakes. So much so that I couldn't go any further. Elena Ivanovna asked a local we met to give me a ride in a cart to the pier. On the way, he asked me who we were. I proudly replied, "Philologists." He said, "Looking for oil? What, without a compass?" Indeed, many geologists worked in those areas, searching for minerals, and the locals were accustomed to encountering them in the taiga, shared Irina Alexandrovna Guzner.

A participant in the first archaeographic expedition recounted that Elena Ivanovna Dergacheva-Skop provided all the necessary living arrangements. She handled issues with accommodation, travel, and food. The latter presented some challenges. Canned goods and cereals were available in local stores, but eggs and milk had to be ordered from the state farm. Elena Ivanovna handled this task successfully.

"Our group was assigned two people for this purpose, and Elena Ivanovna was given a sarafan—a blue one with white polka dots. She would dress up, one girl would do her makeup, the other would do her hair, and then, dressed like that, she would go to the management, who couldn't resist the charm of a young, beautiful woman. So, we were given plenty of food, and we ate well," recalled Irina Alexandrovna Guzner.

The expedition's romance also lay in the unpredictability of events and overcoming difficulties in unfamiliar conditions. Irina Alexandrovna recalled how, in the village of Lysaya Gora, which no longer exists, they had to live in a greenhouse, from which they removed the seedlings and, as best they could, adapted them for temporary housing.

"Thanks to these expeditions, I suddenly discovered that another life is possible. It turned out that there are people who live for completely different values. And that was, of course, simply amazing," said Oleg Albertovich Donskikh.

At the photo exhibition, a photograph of a young girl with a long braid caught everyone's attention. Elena Edmundovna Voytishek recognized herself in the photo and shared a funny story from her expedition past.

It was 1980, in a remote village. I'd just finished my first year. In one of the houses, an Old Believer named Paramon Kalinovich approached me and tugged my braid: "Isn't that a towed braid, girl?" I was hurt and offended. But after my partner, fifth-year student Mikhail Chirkin, and I helped around the house, fetched water, weeded the garden beds, and talked about the harvest, they began to consider us one of their own and took our work on the expedition seriously. And then, frankly, it was a test worse than any we'd ever taken in university classrooms! They immediately laid out the Chetyi-Minei, the Hexameron, and the Psalter for us to read, no matter which page the book opened to. And we read. That's how our hosts tested us. Then they opened the books of Znamenny Chant for us, either by salts or by hooks. Here, my musical education really helped me—I had attended music school and played two instruments. Somehow, I managed, because I had to read the lyrics, sing them without the familiar staff, and discern those hooks. It was a wonderful experience, a kind of parallel reality. There are events in life that you experience and realize: you'll never see anything like this again, and you'll never relive that moment anywhere else. Our expeditions consisted of such moments," said Elena Edmundovna Voytishek.

Over the years, expedition participants brought back approximately 2,000 handwritten and early printed books from the 15th to early 20th centuries. Finding these precious artifacts wasn't always easy. Only persistence and dedication helped the expedition members achieve their goal.

— One of the participants in our expedition, Gennady Pavlovich Enin, worked for the family that kept this handwritten book of the 16th century in order to obtain the valuable Four Gospels with marvelous miniatures on a gold lining. For three years, every vacation she went to her owners and did various housework for them, so that she could later receive this book of extraordinary beauty for her labors. In the third year, the owners agreed to give it away, but also asked for a portable tape recorder – the family was very musical. Gennady Pavlovich was quite happy with this option. What about my story? I had the opportunity to visit a real Old Believer monastery once. Then I was still a student and went on a trip with a girl from Leningrad University. We were sent to the Asinovsky district of the Tomsk region. But how to find that very monastery? Having arrived at our destination, we went to the village administration. There we were advised to contact the foresters – they know exactly where this monastery is, and even go there from time to time, patrolling the forest. We went to the forestry enterprise. It turned out that the foresters were just getting ready to go in that direction the next morning. We stocked up on food and were already at the appointed place at 6 am. We walked for a long time through the taiga along an old overgrown clearing along which timber was transported 15 years ago. Well, we walk along this clearing for an hour, two, three… A short halt and again we hit the road. The foresters were surprised when they looked at us: they were city dwellers, and they didn’t complain or whine… At rest stops, they treated us to tea, and we shared our supplies with them. We reached the monastery in 10 hours. It wasn’t far there—“only” 40 kilometers. At the monastery we met an amazing person – Mother Melania. She lived in a tiny house. Several other people lived in the large house next door, and real treasures were kept here – old books. She told me about her difficult fate, about the persecution of Old Believers, about life in the taiga, about a recent meeting with a bear at the fence separating the estate from the taiga. Such moments are not forgotten, and they can only be experienced on an expedition,” said Tatyana Nikolaevna Apsit.

The romance of expeditions hasn't gone away, and today more and more students from the NSU Humanities Institute are embarking on office-based practical training, which is part of the Philology curriculum and mandatory for all students.

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.

What's in a name: 35 years since Nizhny Novgorod ceased to be Gorky

Translation. Region: Russian Federation –

Source: Official website of the State –

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On October 22, 1990, Nizhny Novgorod was restored to its historical name. Why was the city renamed in the first place, and what did the great writer Maxim Gorky think about it?

The merchant capital celebrated by Ostrovsky's genius was founded in 1221 at the confluence of the Volga and Oka rivers by Prince Yuri (George) Vsevolodovich as a stronghold for defending the Russian borders from the Mordvins, Cheremis, and Tatars. Historians believe the city was named Nizhny due to its location in the "lower" lands relative to Novgorod the Great.

Impregnable fortress

For many decades, beginning in the late 15th century, Nizhny Novgorod was a reliable stronghold of Moscow in its struggle for the great river route. During this time, a stone Kremlin was built here, from whose walls, in the winter of 1612, a militia led by Kozma Minin and Dmitry Pozharsky set out to fight the Polish-Lithuanian invaders. The city's calling card is Strelka, the confluence of the Oka and Volga rivers. In the Middle Ages, this was the center of the Strelitsky camp, hence the name.

From all over the country, goods were delivered here by watercraft to the famous Novgorod Fair, also known as the "pocket of Russia." The largest commodity trades were held here, and the Gostiny Dvor (trading yard) housed over 2,500 shops. It is no surprise that in the 18th century, Nizhny Novgorod became an important administrative center: from 1714, it became the provincial center, and from 1779 to 1796, it was the center of the entire Nizhny Novgorod Viceroyalty.

To the writer – from the people

In 1932, the entire Soviet Union celebrated the 40th anniversary of the creative work of the first proletarian writer, Maxim Gorky, who was born in Nizhny Novgorod and spent his difficult youth there. He later recounted this period in the first two parts of his autobiographical trilogy, "Childhood. Among People. My Universities."

For his literary services to the working class and workers, the Central Executive Committee of the USSR decided to award the writer the Order of Lenin and name a central Moscow street after him, establish 100 named prizes, create postage stamps, etc.

The people didn't remain on the sidelines: on August 26, 1932, at a ceremonial joint plenum of the regional committee of the All-Union Communist Party (Bolsheviks), the executive committee, the city party committee, and the Soviet, worker Ovsyannikov proposed naming Nizhny Novgorod after his fellow countryman. Factory workers who spoke next supported the idea.

Less than two weeks had passed before the Central Executive Committee of the USSR granted the request of the plenum participants: on October 7, 1932, Nizhny Novgorod became Gorky.

It's worth noting that the writer himself wasn't pleased with this honor. In a letter to Fyodor Khitrovsky, a Nizhny Novgorod journalist and local historian, Maxim Gorky wrote on February 19, 1933, from Sorrento: "Today, for the first time, I wrote Gorky on an envelope instead of Nizhny Novgorod. It's very awkward and unpleasant."

Back to the roots

The question of restoring the historical name arose in the 1950s, when Nikita Khrushchev, arriving in Gorky, called its residents Nizhny Novgorodians.

In July 1987, at the 5th All-Russian Congress of the Society for the Preservation of Historical and Cultural Monuments, artist Israel Ashkenazi proposed that Gorky delegates support an initiative to return the Volga pearl to its former name. However, in December of that year, the City Council of People's Deputies adopted a resolution to retain the Soviet name. However, a decision was later made to appeal to the authorities for a renaming. Ultimately, on October 22, 1990, the Supreme Soviet of the RSFSR approved the return of Nizhny Novgorod from temporary oblivion.

New Time

Another famous native of Nizhny Novgorod is the ace pilot Valery Chkalov. Near the Strelka stands a monumental staircase named after Chkalov, a hero of the Strelka. Its observation decks offer majestic views of the Oka and Volga rivers. The 560 steps, 150 meters long, and unique figure-eight design lend the memorial staircase a solemn air—the steps were built in honor of the defenders of Stalingrad.

The longest aerial tramway in Europe has also been built here—over 3,600 meters, including 861 meters directly over Russia's main river. This isn't just a tourist attraction, but a fully-fledged public transportation system connecting the city with its satellite town, Bor. Before the air route, the journey took over 40 minutes by commuter train; now, the journey takes just 12.5 minutes. Thus, Nizhny Novgorod continues to develop, carefully preserving its centuries-old history—both in its name and in stone.

Subscribe to the "Our GUU" Telegram channel. Publication date: October 22, 2025.

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Lectures on Juche philosophy are being held at Novosibirsk State University.

Translation. Region: Russian Federation –

Source: Novosibirsk State University –

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On October 16, Novosibirsk State University hosted its first lecture on Juche philosophy, delivered by the Dean of the Philosophy Department at Kim Il Sung University. He outlined the fundamental principles of this teaching. The lecture attracted interest not only from NSU students, faculty, and staff, but also from students at other universities—a total of 12 Russian universities from various regions joined the online broadcast. The lecture series continues this week, with the next one taking place at NSU in the same format on October 23.

A key principle of Juche philosophy is the notion that man is at the core of everything; he is the master of the world and the lord of his own destiny. Human behavior is characterized by independence, creativity—that is, the desire to transform the world around him—and consciousness. Another important principle concerns the role of the masses in the historical process. The key importance of the people as the engine of change is emphasized, emphasizing the right of the nation to defend its freedom and interests. Particularly noteworthy is the notion that when people act together, they are capable of achieving great things and achieving great results.

Vladimir Diev, Doctor of Philosophy, Director of the Institute of Philosophy and Law at NSU, and moderator of the meeting, drew attention to the connection between the ideas embodied in Juche philosophy and fundamental worldview concepts and Russian tradition:

"The concept that man is at the center of the world is not new; this tradition dates back to Protagoras: man is the measure of all things. At the same time, this idea is deeply humanistic and resonates well with Russian philosophy, which frequently addresses the issue of freedom, free will, and creativity. The way and extent to which the concept of 'man is the measure of all things, man is the creator of history' is realized is not objectionable and serves as a sound foundation for the development of further philosophical concepts."

Marina Wolf, Doctor of Philosophy and Director of the Institute of Philosophy and Law of the Siberian Branch of the Russian Academy of Sciences, noted the relevance of this lecture series for two reasons: it is an opportunity to learn more about the North Korean state and to lay the foundation for building deeper relations with the Eastern world as a whole.

"We know very little about North Korean philosophy, and it was a revelation to hear firsthand from the proponents of these ideas. The philosophical component there is truly profound, and it's interesting that it is, in a sense, rooted in the Western tradition, because the entire anthropological issue and the foregrounding of the human being are, of course, more characteristic of the Western tradition than the Eastern one. Although Juche philosophy is characterized by emphasizing the role of the human being not so much as an individual, but as part of a social, political movement," commented Marina Wolf.

As Vladimir Diev noted, the philosophy of Juche is also interesting as an attempt to rethink orthodox Marxism at a new stage in the development of history, already in the 21st century.

"Marxism is currently being actively discussed in the West, but the conversation isn't so much about its obsolescence as about its development and transformation. It's interesting to see in what direction and how this can be done in a particular country, and what the results are," added Marina Wolf.

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Marat Khusnullin: Construction of a transport interchange has begun in the Leningrad Region at the 594th km of the M-11 "Neva" highway.

Translation. Region: Russian Federation –

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

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Section of the M-11 "Neva" highway.

Systematic infrastructure development efforts continue in Russia, with road network modernization a key element. Specifically, construction of a traffic interchange has begun in the Leningrad Region at kilometer 594 of the M-11 "Neva" federal highway, as announced by Deputy Prime Minister Marat Khusnullin.

"We are taking a comprehensive approach to addressing the country's infrastructure development. This involves creating a unified, interconnected road network. To this end, we are upgrading existing highways, building new ones, and constructing interchanges. In response to public demand and at the initiative of the governors of the Leningrad and Novgorod regions, we have begun construction of a transport interchange at km 594 of the M-11 "Neva" Highway. This project will connect the federal and regional road networks with high-speed traffic, improving transport links between the regions. The interchange will provide a shorter route to Luga and the Murmansk Highway—towards Kirishi, Volkhov, Novaya Ladoga, Lodeynoye Pole, Petrozavodsk, and Murmansk—and will reduce travel time for local residents. The project will also drive the socioeconomic development of the regions. Logistics will be accelerated, new tourist routes will emerge, and opportunities for business development will open up. "Currently, a series of works are underway at the site to prepare the site for future construction, as well as construct the embankment," said Marat Khusnullin.

The interchange will be built at the intersection of the M-11 "Neva" highway and the 41A-004 "Pavlovo – Mga – Shapki – Lyuban – Oredezh – Luga" road in the Tosnensky District of the Leningrad Region. The future road will include eight exits.

According to Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor, as part of the construction of the new facility, ramps connecting to the regional road are being built on the expressway.

"They are being built within the existing multifunctional road service zone located on the M-11 Neva Highway between Moscow and St. Petersburg. The ramps will provide a connection between the federal and regional highways in all directions. Outdoor lighting will be installed on the transition and expressway lanes and ramps of the interchange, and an automated traffic management system will be deployed, similar to other sections of our expressways. It will help monitor the traffic situation in this area in real time," noted Vyacheslav Petushenko.

The launch of traffic on the new transport interchange is planned for 2026.

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.

Mikhail Mishustin met with State Duma Chairman Vyacheslav Volodin

Translation. Region: Russian Federation –

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

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Prime Minister Mikhail Mishustin and State Duma Chairman Vyacheslav Volodin discussed the draft new federal budget for 2026 and the planning period of 2027 and 2028.

The main financial document was drafted based on the objectives set by the President for achieving national development goals, as well as existing challenges. The submitted budget is balanced. "It allows us to fully fulfill the state's obligations to citizens, creates the conditions for further economic development and the achievement of national defense and security objectives," the Prime Minister emphasized.

Vyacheslav Volodin reported that the draft new three-year budget has been developed by the relevant State Duma committees. On Wednesday, October 22, deputies will consider it in the first reading at a plenary session.

Vyacheslav Volodin also informed Mikhail Mishustin about proposals submitted to the State Duma by public organizations and business associations to amend certain initiatives introduced by the Government as part of the budget package.

Mikhail Mishustin noted the Government's readiness for constructive dialogue, adding that the Ministry of Finance will be instructed to promptly review these proposals with the participation of interested ministries and agencies.

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Financial news: 21.10.2025, 18-17 (Moscow time) the values of the lower limit of the price corridor and the range for assessing market risks of the UPRO security (Unipro JSC) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

October 21, 2025

18:17

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on October 21, 2025, 18-17 (Moscow time), the values of the lower limit of the price corridor (up to 1.299) and the range of market risk assessment (up to 1.14647 rubles, equivalent to a rate of 25.0%) of the UPRO security (Unipro JSC) were changed.

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 2025-10-22, the Federal Treasury will hold a deposit auction of 22,025,327.

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 2025-10-22. Unique application selection identifier 22 025 327. Deposit currency rubles. Fund type EKS. Maximum amount of funds placed on bank deposits, millions of monetary units 100,000,000,000. Placement period 2 days. Date of depositing funds 2025-10-22. Date of return of funds 2025-10-24. Interest rate for placement of funds (fixed or floating). Single treasury account. Minimum fixed interest rate for placement of funds, % per annum 16.23. Base floating interest rate for placement of funds – Minimum spread, % per annum – Terms and conditions of the bank deposit agreement (term, replenishable or special) Term.

The minimum amount of funds placed for one application, million monetary units 1,000,000,000. The maximum number of applications from one credit institution, pcs. 5. Application selection form (Open with random completion, Closed, Open with extension) Open with random completion. Application selection schedule (Moscow time). Venue of application selection PJSC Moscow Exchange Application acceptance from 09:30 to 09:40. Applications in preliminary mode from 09:30 to 09:35. Applications in competition mode from 09:35 to 09:40. Random trading end period (sec.): 120 Bid increment:

Time step (sec.):

Extension period end time:

Formation of a consolidated register of applications from 09:40 to 09:50. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 09:40 to 10:00. Sending an offer to credit institutions to conclude a bank deposit agreement from 10:00 to 10:50. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 10:00 to 10:50. 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

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Financial news: 21.10.2025, 17-36 (Moscow time) the values of the lower boundary of the price corridor and the range for assessing market risks for the SLV/RUB currency pair were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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In accordance with the Methodology for Determining Risk Parameters of the Foreign Exchange Market and Precious Metals Market of Moscow Exchange PJSC by the National Clearing Center (JSC) on October 21, 2025, 17:36 (Moscow time), the lower limit of the price corridor (up to RUB 158.51 in the TOD settlement mode) and the market risk assessment range (up to RUB 145.9235, equivalent to a 21.6% rate) for the SLV/RUB currency pair were changed. New values are available. Here.

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