NSU students won top prizes at the NSUCRYPTO-2025 International Cryptography Olympiad.

Translation. Region: Russian Federation –

Source: Novosibirsk State University –

An important disclaimer is at the bottom of this article.

Summed up Results of the International Olympiad in Cryptography Non-Stop University CRYPTO, which took place remotely from October 12 to 20, 2025.

The organizers and partners of the Olympiad are the Cryptographic Center (Novosibirsk), the National Technological Center for Digital Cryptography, Novosibirsk State University, the companies "Kryptonit" and "Aktiv", the University of Leuven (Belgium), the Southern Federal University, the company "InfoTeKS", the North-West Center for Mathematical Research named after Sofia Kovalevskaya, the Belarusian State University, Tomsk State University, the company "Enseucrypto-lab".

Over 1,300 students, professionals, and schoolchildren from 35 countries participated in NSUCRYPTO-2025. NSU undergraduate and graduate students performed very actively and successfully at the Olympiad. They competed against top competitors from India, Germany, France, Romania, Vietnam, Belgium, Serbia, China, and other countries.

"Congratulations to our students! They performed admirably. They won medals of every category in both rounds (individual and team). It's a victory! I'd like to especially highlight the efforts of Nikolai Aleksandrovich Kolomeyets, a senior lecturer at the Faculty of Mechanics and Mathematics (FMM), and his group of seminarians, who systematically prepare students for NSUCRYPTO in both their core and specialized courses. The summer schools we hold annually also play a significant role in developing the Olympiad movement in Russia," notes Natalia Tokareva, Chair of the Olympiad Program Committee and Associate Professor at the FMM.

Individual round. Schoolchildren category

Honorary Diploma: Maria Kokh (NSU Specialized Scientific Center)

=========================================================================================================

Individual Round. Students Category

1st place – Aleksey Aleksandrovich Vishnevsky (Faculty of Information Technology (FIT), 3rd year student)

2nd place – Ivan Olegovich Labutin (MMF, 3rd year)

3rd place – Zaikina Maria Denisovna (MMF, 2nd year)

3rd place – Andrey Mikhailovich Petrenko (MMF, 3rd year)

3rd place – Taisiya Vladimirovna Gertel (MMF, 3rd year)

3rd place – Anton Konstantinovich Sinitsa (MMF, 3rd year)

3rd place – Alexandra Evgenievna Izyurova (MMF, 3rd year)

Honorary diplomas:

Vasilenko Dmitry Evgenievich (MMF, 3rd year)

Gunin Ilya Alekseevich (MMF, 4th year)

Shubin Dmitry Sergeevich (MMF, 2nd year)

==============================

Individual Round. Professional Category

1st place – Ivan Baksheev, a graduate of the NSU Institute of Information Technologies. A victory by a wide margin.

==============================

Team Round. Students Category

2nd place:

Voronov Denis Maksimovich (MMF, 4th year)

Gunin Ilya Alekseevich (MMF, 4th year)

Severukhina Daria Valerievna (MMF, 3rd year)

3rd place:

Ivanchenko Leonid Dmitrievich (MMF, 3rd year)

Reshetnikova Natalia Sergeevna (MMF, 3rd year)

Baskov Nikita Olegovich (MMF, 3rd year)

3rd place:

Bochkarev Alexander Alexandrovich (MMF, 1st year)

Kobzev Fedor Dmitrievich (MMF, 1st year)

Matrokhin Nikolay Anatolyevich (MMF, 1st year)

3rd place:

Panchenko Daria Vadimovna (FIT, 3rd year)

Valova Irina Viktorovna (FIT, 3rd year)

Vishnevsky Alexey Alexandrovich (FIT, 3rd year)

3rd place:

Kuzmicheva Elina (Innopolis University)

Goncharov Vladimir Ivanovich (MMF, 4th year)

Chausov Mark (Innopolis University)

Honorary diploma to the team:

Vasilenko Dmitry Evgenievich (MMF, 3rd year)

Kopylov Alexander Andreevich (MMF, 3rd year)

==============================

Team Round. Professional Category

3rd place:

Ivan Baksheev (FIT graduate)

Dmitry Baryshev (ITMO)

3rd place:

Rinchin Zapanov (graduate of the Faculty of Mathematics and Mechanics)

Bakharev Alexander Olegovich (postgraduate student of the Moscow Faculty of Mathematics and Philosophy of Novosibirsk State University)

Bykov Denis Aleksandrovich (postgraduate student of the Moscow Faculty of Mathematics and Philosophy of Novosibirsk State University)

==============================

Congratulations guys!

The award ceremony for the winners will take place in the spring of 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.

Sergei Sobyanin announced the revival of tram route No. 5.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

An important disclaimer is at the bottom of this article.

Sergei Sobyanin opened a new tram line on Trifonovskaya Street.

"Today, we're restoring historical justice by rebuilding the tram tracks on Trifonovskaya Street, thus connecting Belorussky Station and one of the largest transportation hubs—Rizhsky Station. Around half a million Muscovites will gain additional transportation accessibility, and the connection between the two hubs is also very important. We've strived to make the tram as quiet as possible. Accordingly, we've laid modern, low-noise tracks and launched the contactless "Lvenok" tram. This is the second line with contactless trams. The first has been tested and is working well. This will be the second. There will be no need for power substations, overhead lines, and so on. This is also very important," the Moscow Mayor emphasized.

Sergei Sobyanin also thanked the employees of the capital's transport complex for their work and wished them a happy New Year.

Restoring tram service along Trifonovskaya Street will provide a shorter route between Belorussky Railway Station and Rizhskaya metro station. Residents and visitors will also be able to more quickly reach the Russian University of Transport, MONIKI Hospital, and many other points of interest.

History of the tram line

The tram line on Trifonovskaya Street was built in the first half of the 1930s. Tram No. 5 ran on it for 60 years. It was one of the city's most popular routes, used by up to 100,000 people per day.

Tram service along Trifonovskaya Street was discontinued in the mid-1990s due to the reconstruction of the Bolshoy Krestovsky overpass, and instead of tram No. 5, a temporary bus No. 0 was launched, which later became the electric bus route C510.

In 2024–2025, at the direction of Sergei Sobyanin, a comprehensive improvement project was carried out on Trifonovskaya Street, including the restoration of tram service. Specifically, a 2.1-kilometer double-track tram line was built.

"Today we're opening a second line without overhead wires, with trams running autonomously. After 30 years, tram No. 5 is once again running between Belorussky Railway Station and Rizhskaya Metro Station along Trifonovskaya Street. Moscow Metro specialists have replaced the rails, sleepers, and track surface. New tracks have been laid on the section of Gilyarovsky Street between Trifonovskaya Street and Rizhskaya Square, and a tram turning loop has been installed near Rizhskaya Metro Station," the Moscow Mayor wrote on his channel.

messenger MAX.

Source: Sergei Sobyanin's channel inMAX messenger

All track restoration and construction work was carried out by Moscow Metro specialists without the involvement of contractors.

The new section of tram tracks has been integrated into the existing network—the intersection of Trifonovskaya and Obraztsova Streets now has three modern turnouts.

Modern reconstruction

The tram line was constructed using seamless track laying technology, rubber seals, and special vibration-isolating mats. This ensures the trams will move quietly and smoothly. The new tracks are separated from the roadway by continuous markings.

Eleven elevated platforms have been installed at tram stops, including nine Vienna-style platforms—with a raised roadway level with the low floor of the tram. These stops are installed on streets where widening the roadway is not feasible.

To improve safety and comfort for city residents, 11 additional traffic lights, 145 outdoor lighting supports, 65 contrast lighting supports, and 189 small architectural features were installed along the new route.

Along Trifonovskaya and other streets along which the new tram line runs, 30,100 square meters of lawns and 930 square meters of flower beds were laid out, 33 trees and about 1,900 shrubs were planted.

A new, comfortable public space has appeared in Riga Square. The pedestrian area is paved with granite tiles, cozy seating areas with benches have been created, and green spaces with trees, shrubs, and perennials have been created. The centerpiece of the space is the "Riga Cat" stele, reminiscent of similar figures on the towers of the Cat House in Riga.

Tram route No. 5

The reconstruction of the tram tracks on Trifonovskaya Street has allowed the restoration of the #5 tram route from Belorussky Railway Station to Rizhskaya Metro Station. The 4.4-kilometer route runs through Lesnaya, Palikha, and Tikhvinskaya Streets, then along Minaevsky and Novosushchevsky Pereulok, Obraztsova, Trifonovskaya, and Gilyarovsky Streets to Rizhskaya Metro Station, linking three Moscow districts: Tverskoy, Maryina Roshcha, and Meshchansky.

Route No. 5 is served by seven modern Lvenok-Moskva trams. Their departure intervals are approximately six to seven minutes. The route has 16 stops, including six new ones: MIIT, Sovetskoy Armii Street, Olimpiysky Prospekt, Shchepkina Street, Gilyarovsky Street, and Rizhskaya Metro Station.

In addition to the Belorussky and Rizhsky railway stations, transfers are available to eight stations on a similar number of rail lines, including Belorusskaya on the Zamoskvoretskaya and Koltsevaya metro lines and the stations of the same name on the first and fourth Moscow Central Diameters (MCD), Mendeleevskaya on the Serpukhovsko-Timiryazevskaya metro line, and Rizhskaya on the Kaluzhsko-Rizhskaya and Big Circle metro lines, as well as the station of the same name on MCD-2. A quick and convenient transfer between the tram and Rizhskaya metro station takes less than a minute.

In the future, passengers on tram No. 5 will be able to transfer to the high-speed Moscow-St. Petersburg railway.

The travel time between the terminal stops of tram #5 is approximately 20 minutes. Approximately 500,000 local residents and employees of numerous organizations and institutions located along the new route now have more convenient and faster daily commute options. In particular, accessibility has been improved for popular locations such as the Depot. Moscow food mall on Lesnaya Street, the Jewish Museum and Tolerance Center on Obraztsova Street, the Armenian Church Complex at the intersection of Trifonovskaya Street and Olympic Avenue, the Palace of Culture of the Russian University of Transport (RUT) (MIIT) and the N.P. Rakov Children's Music School on Novosushchevsky Lane, and the M.F. Vladimirsky Moscow Regional Research Clinical Institute (MONIKI) on Shchepkina Street.

Thus, travel time from the Rizhskaya metro station to RUT (MIIT) and the M.F. Vladimirsky Moscow Regional Scientific Research Institute (MONIKI) will be halved—to 10 and five minutes, respectively.

The new route will improve transportation services for 25,000 students at five major universities: RUT (MIIT), Russian State University for the Humanities, D.I. Mendeleyev University of Chemical Technology of Russia, National Research University Higher School of Economics, and Moscow State Technological University "Stankin." Tram route No. 5 can rightfully be called a student route.

The projected passenger flow is approximately 20,000 people per day. By 2030, passenger numbers are expected to increase by 75 percent, to 35,000 people per day.

Simultaneously with the opening of the new line on Trifonovskaya Street, tram route #9 (Belorussky Station – MIIT) and electric bus route C510 (Rizhskaya Metro Station – Tikhvinskaya Street) will cease service, as tram route #5 has merged their routes. However, its capacity is 20 percent greater than the combined capacity of the routes being cut.

New Year's transport

Traditionally, festively decorated Moscow metro trains, electric buses, buses, and trams take to the streets in the lead-up to the New Year. This year, these will be:

— 24 New Year's metro trains;

— 50 electric buses with luminous garlands and 100 buses in New Year’s decorations;

— 60 Vityaz-Moscow trams and two Lvenok-Moscow trams with illuminated garlands, one of which will run on the new route No. 5, the second on the Moscow Tram Diameter (MTD) T1;

— the historical Tatra tram with a New Year’s installation;

— a branded tram "Vityaz-Moscow" with festive pine garlands inside.

In addition, over 100 metro stations have been decorated for the New Year. Light installations on the platforms, vibrant facades, and themed photo zones create a magical New Year's atmosphere.

Christmas tree decorations and Santa Claus's residence: how metro stations are decorated for the New Year

The Northern and Southern River Terminals also sported a New Year's look. Light installations and fir tree arches were installed, and the interiors of the buildings were also decorated for the holidays. A free children's carousel was installed near the Northern Terminal. In total, the river terminals feature around 20 themed attractions.

If frost persists, two electric tubing tracks, ski trails along the Moscow Canal, and an ice town will open at the Northern River Terminal.

The Lion Cub-Moscow tram

Passengers on the restored route #5 are transported by Russian-made, single-section "Lvenok-Moskva" trams with autonomous propulsion. They travel over four kilometers along Trifonovskaya Street from Obraztsova Street to Rizhskaya Square and back, without connecting to the overhead power line.

The autonomous "Lvenok-Moscow" trams, which can operate without wires, have proven their efficiency and reliability. They operated reliably on tram route No. 90, which connected Sokolniki metro station and Paveletsky Railway Station via Akademika Sakharova Prospekt. Over the two months of operation, 900,000 people used them. Since November 2025, the autonomous trams have been successfully transporting passengers on the Moscow Transport Ring, which accounts for approximately 79,000 trips per day.

More than 1.8 million trips were made on the Diameter tramway in a month, according to Moscow Mayor.

The new trams have a range of over five kilometers, and energy is stored in other sections of the network. When entering a section without overhead wires, the driver lowers the pantograph. This procedure takes minimal time and does not affect the trip duration—all operations occur during stops.

The tram has 41 seats, and the entire car comfortably accommodates over 110 passengers. Passengers' comfort is enhanced by climate control, multimedia screens, mobile device charging ports, and a push-button door opening system. The new trams feature low floors at all doors and are adapted for passengers with limited mobility, as well as those with strollers, bicycles, and large luggage.

The use of an autonomous driving system on the route reduces delays due to infrastructure damage and ensures adherence to schedules. In the long term, it will provide significant savings on the maintenance and repair costs of tram infrastructure, including due to the long service life of the batteries installed on the new generation trams.

It is also important that tram lines without overhead contact improve the aesthetic perception of city streets.

Development of the Moscow tram network

The length of tram tracks in Moscow is more than 430 kilometers, 82 percent of which are separated from highways and located on a dedicated track.

In 2010, only four percent of trams on the lines were new. Today, 97 percent of the fleet is new. The average age of the rolling stock is less than six years—the best indicator not only in Russia but also among major cities worldwide.

The capital operates 37 routes, with passengers making approximately 800,000 trips daily—a 40 percent increase compared to 2023. Among the most popular are the Moscow Tram Diameter T1 (approximately 79,000 trips), No. 17 Medvedkovo-Ostankino (over 52,000 trips), and No. 6 Bratsevo-Sokol Metro (44,000). By 2030, the launch of the Moscow Tram Diameters is expected to bring at least 1.2 million passengers daily, exceeding the targets set in the transport development strategy.

Since 2010, the average tram speed (including stops) has increased by 30 percent to 16 kilometers per hour. This was made possible by a large-scale infrastructure modernization program, route network expansion, fleet upgrades with increased capacity, as well as the segregation of tram tracks and the construction of convenient elevated platforms at stops.

In 2024, a double-track tram line over 860 meters long opened on Sergiya Radonezhskogo Street, enabling the creation of a new tram route #2 between 3rd Vladimirskaya Street and Kursky Station. The service interval is now 10 minutes. Approximately 700,000 residents of the South-East, East, and Central Administrative Districts now have more convenient and faster daily commute options. Over 300,000 residents from the eastern districts—Lefortovo, Sokolina Gora, and Perovo—can now travel directly to Kursky Station.

"The year 2025 can rightfully be called the year of the Moscow tram—we have implemented three projects that will shape the future of this mode of urban transport for decades to come. The first fully driverless tram in Russia has entered service in the capital. Sections of tram lines without overhead wires, servicing autonomous trams, have also been opened. And finally, the first Moscow Tram Diameter has been launched," the Moscow Mayor added on his channel.

messenger MAX.

Source: Sergei Sobyanin's channel inMAX messenger

In April 2025, after a major renovation, the renovated P.L. Apakov tram depot on Shabolovka Street opened. It is the oldest operating electric transport facility in the capital, dating back to 1909. After the modernization, it became modern and innovative. Now, the depot can service the new generation of trams operating in the capital. Its capacity is 100 single-section cars.

In September 2025, a 2.1-kilometer line opened on Akademika Sakharova Prospekt from Komsomolskaya Square to Chistoprudny Boulevard, and new route No. 90 was launched from Sokolniki metro station to Paveletsky Railway Station. In November, it became part of the first Moscow tram diameter, T1.

In December, the tram line on Trifonovskaya Street was restored and route No. 5 was launched from Belorussky Railway Station to Rizhskaya metro station.

Plans for the coming years include further expansion of Moscow's tram network, including extending lines on Entuziastov Highway to the Ivanovskoye district and on Akademika Korolev Street to the TV Center and Ostankino MCD station. These new lines will increase the coverage of the city's tram system and make this mode of transport even more popular.

In the spring of 2026, the 33-kilometer-long T2 diameter will open. It will stretch from the Chertanovskaya metro station to the Novogireevo station of the Moscow Central Diameter 4 (along routes 3 and 37), improving transportation service for over a million residents. Total passenger traffic is expected to reach approximately 85,000 passengers per day. Thus, Moscow will have two tram diameters with a combined length of approximately 60 kilometers.

For passenger convenience and safety, tram stops are equipped with elevated boarding platforms, located at the same level as the tram entrance. Currently, more than 530 such platforms are installed in the city.

By the end of 2026, the city fleet will receive another 50 modern, next-generation single-section trams. All will be delivered to the modernized P.L. Apakova depot. This will complete the fleet upgrade. The trams will be equipped with everything necessary for a comfortable ride: a completely low floor, climate control, multimedia screens, and mobile device charging ports. The trams will be equipped with an autonomous propulsion system, allowing them to travel over five kilometers without overhead wires.

Furthermore, Sergei Sobyanin decided to modernize tram depots. Plans call for the reconstruction of four of them by 2030, as well as the conversion of the former 7th trolleybus depot on Nagatinskaya Street into the new Nagatinskoye tram depot. As a result, all seven depots will meet modern servicing standards for the latest generation of trams.

Launch of the first driverless tram

In 2023, the Moscow Center for Research and Development of Unmanned Transport began working on a practical solution to the problem posed by Sergei Sobyanin: organizing the operation of unmanned trams.

Tram route No. 10, which is vital for Strogino residents, was selected for testing and then for regular service. More than 4,500 trips are made on it daily on six modern Russian-made trams.

In accordance with Russian law, the launch of the country's first fully driverless tram was carried out in three stages, during which numerous tests were conducted.

The first phase, which began in May 2024, involved testing a driverless, unmanned tram with a backup system. The system ensured the tram's movement, but the final decisions remained with the driver.

As a result, the driverless tram and its software were fully prepared for the second stage of testing – test rides with passengers.

Its implementation became possible after the Russian Government established an experimental legal regime (ELR) for the launch of driverless vehicles. The document was prepared by the Russian Ministry of Economic Development based on a proposal from the Moscow Government. The capital became the first city in the country to initiate the use of an ELR for the launch of fully driverless vehicles.

During the second phase, the driverless tram operated both with and without passengers. The driverless system assumed control and decision-making functions, while the driver backed up the tram's operations.

The tram ran around the city on a special schedule. A large screen displayed key operating indicators for various systems. This allowed passengers to evaluate how the vehicle viewed its surroundings through the machine vision system.

Following the results, a decision was made to launch regular passenger-carrying unmanned tram service; the third stage began on September 3, 2025.

The tram operates regularly and works standard eight-hour shifts. During this time, it has carried over 50,000 passengers, and since May 2024, it has traveled over 21,000 kilometers within the city without a single traffic violation.

Russia's first driverless tram makes stops autonomously, opens and closes its doors, obeys traffic lights, yields to pedestrians, navigates intersections independently, switches switches, and adheres to schedules. The system operates in such a way that it never collides with traffic in front.

A tram control employee is present in the vehicle or cabin to visually monitor traffic and perform other functions unrelated to traffic, including fare collection. For passengers, the experience is no different from a regular tram ride with a driver—it remains just as comfortable and safe. In the event of an emergency, the employee will open or close the doors and assist with other issues. The employee does not interfere with the tram's operation—artificial intelligence and specialized software allow the vehicle to operate fully automatically.

The presence of an operator in the driverless tram is a current federal requirement. The Moscow government is working with the Russian Ministry of Transport to amend the law to allow the presence of an operator in the cabin without a tram operating license.

The tram software was developed by Moscow Metro employees without the involvement of third parties. The unmanned technology is owned by the Moscow Government. This Moscow-developed technology is unique; it operates more precisely, efficiently, reliably, and reliably than foreign equivalents, and is therefore capable of operating the tram in metropolitan conditions using artificial intelligence.

Innovative solutions developed for the launch of Russia's first driverless tram have already been recognized with prestigious national and international awards, including the Reforum Awards (in the Innovation of the Year category), Company of the Future 2024 (Digital Transformation), Magistral Awards (Best Project of the Year), CDO/CDTO Awards 2025 (Digital Region), Digital Leaders Award 2025 (Digital Leader of the Year), Priority: Digital 2025 (Artificial Intelligence), and Ecotech Leader 2025 (Perspective).

Thanks to effective collaboration with the Bank of Russia, the capital's driverless tram also became the first vehicle in the country to be insured using a smart contract with settlements in digital rubles.

The digital form of the national currency combines reliability, high payment speed, and security thanks to the complete transparency of all financial transactions. Passengers' trips are also insured. To receive coverage, simply pay for your trip using your preferred payment method and swipe your card on the validator upon boarding.

Subscribe to Sergei Sobyanin's official channels on messengers MAX And Telegram.

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 registration of an additional issue of exchange bonds.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

In accordance with the Listing Rules of Moscow Exchange PJSC, in connection with the receipt of the application, the Chairman of the Management Board made the following decisions on December 16, 2025:

1.

Register an additional issue of exchange bonds; assign a registration number to the additional issue in relation to the following securities:

Name of the Issuer Joint Stock Company "First Freight Company"
Name of the security Exchange-traded interest-bearing non-convertible uncertificated bonds series 003P-02 (additional issue No. 1)
Registration number of the additional issue 4B02-02-55521-E-003P dated 12/16/2025

2.

Register an additional issue of exchange bonds; assign a registration number to the additional issue in relation to the following securities:

Name of the Issuer Joint Stock Company "First Freight Company"
Name of the security Exchange-traded interest-bearing non-convertible uncertificated bonds series 003P-03 (additional issue No. 1)
Registration number of the additional issue 4B02-03-55521-E-003P dated 12/16/2025

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.

Financial news: 12/16/2025, 6:25 PM (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the SU26231RMFS9 security (OFZ 26231) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

December 16, 2025

18:25

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the National Credit Center (JSC) on 16.12.2025, 18-25 (Moscow time), the values of the upper limit of the price corridor (up to 15.6) and the range of market risk assessment (up to 181.14 rubles, equivalent to a rate of 50.0%) of the security SU26231RMFS9 (OFZ 26231) 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 December 17, 2025, the Federal Treasury will hold a deposit auction of 22,025,437.

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 12/17/2025. Unique application selection identifier is 22,025,437. 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 648,000,000,000. Placement period, in days is 2. Date of depositing funds is 12/17/2025. Date of return of funds is 12/19/2025. Interest rate for placing funds (fixed or floating) is FIXED. Minimum fixed interest rate for placing funds, % per annum is 15.76. Basic floating interest rate for placing funds is the Minimum spread, % per annum. 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 holding auctions on December 17, 2025, to place OFZ issues No. 26251RMFS and No. 26253RMFS.

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, based on a letter from the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Trading on the Stock Market, Deposit Market, and Loan Market of Moscow Exchange PJSC, the order establishes the form, time, duration, and procedure for holding auctions for the placement and trading of the following federal loan bonds:

1.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26251RMFS from August 19, 2025
Date of the auction December 17, 2025
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26251RMFS7
ISIN code RU000A10CKT3
Settlement code B01
Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

2.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26253RMFS from October 17, 2025
Date of the auction December 17, 2025
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26253RMFS3
ISIN code RU000A10D517
Settlement code B01
Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time Trading hours: bid collection period: 12:00–12:30; bid execution period: 13:00–18:00.

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.

Financial news: 12/16/2025, 15-27 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the security RU000A109DY9 (Rosnft4P2) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

December 16, 2025

15:27

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the National Credit Center (JSC) on 16.12.2025, 15-27 (Moscow time), the values of the upper limit of the price corridor (up to 107.79) and the range of market risk assessment (up to 12915.97 rubles, equivalent to a rate of 12.5%) of the security RU000A109DY9 (Rosnft4P2) 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.

Denis Manturov spoke about technological leadership at the National Center "Russia".

Translation. Region: Russian Federation –

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

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Denis Manturov spoke at a session dedicated to the national goal of "Technological Leadership" as part of a series of thematic meetings "Platform of the Future: 100 Russian Projects."

First Deputy Prime Minister Denis Manturov visited the National Center "Russia" and spoke at a session dedicated to the national goal "Technological Leadership" as part of a series of thematic meetings "Platform of the Future: 100 Russian Projects."

"I am pleased to welcome you to this wonderful platform, which today is dedicated to discussing the most important goal of national development. The Presidential Decree defines it as 'technological leadership.' I hope that my colleagues will be able to develop this concept through specific projects and provide a concrete understanding of how Russia will achieve superiority in global markets," Denis Manturov addressed the guests and participants.

He emphasized that achieving this ambitious goal is focused on nine national projects designed to strengthen more than 15 industries and initiate a profound transformation of key economic sectors. This particularly concerns the transportation sector, for which a line of new, all-Russian civilian aircraft is being developed within an extremely short timeframe.

"In turn, the shipbuilding industry is working to modernize the watercraft fleet. Today, we are the undisputed leader in the nuclear icebreaker segment, have expanded our position in electric passenger ships, have successfully entered the cruise liner niche, and are among the first to introduce autonomous navigation technologies," continued the First Deputy Prime Minister.

Denis Manturov noted that the trend toward autonomy is also relevant for railways, but the main breakthrough will be the creation of an electric train capable of traveling at speeds of up to 400 km/h by 2028. He also called the chemical complex, where hundreds of technologies have been implemented, equally important.

"The national project aims to ensure domestic production of over 700 critically important chemical products. This will close the production chain, eliminating reliance on imported substances. Composites are also a focus. The industry is focusing on materials that combine carbon fibers with polymers, ceramics, and metals," he said.

According to Denis Manturov, the industry has already proven its adaptability by solving the carbon fiber problem for the MS-21, and today domestic composites are used in aircraft and helicopter manufacturing, shipbuilding, and medicine.

"A separate set of tasks is related to energy, including the nuclear sector and the localization of equipment for LNG and renewable energy sources, and the Government is paying special attention to technologies for food security and the development of the bioeconomy. The world already understands that biocompetence can transform virtually any industry. We are successfully integrating into this global trend, which will allow us to claim a leading position in the future. Thus, today, technologies and breakthroughs in one area are becoming a catalyst for change in dozens of others," he noted.

Denis Manturov focused on the space industry, where the challenge is to increase satellite production and reduce launch costs by developing new launch vehicles. Furthermore, projects to build a Russian orbital station and a lunar station powered by nuclear power were highlighted.

"The time when engineering and creative thought were relegated to a secondary role is, fortunately, gone forever. Therefore, I hope that the platform for the future being laid today will provide fertile ground for the realization of your boldest, most audacious ideas," the First Deputy Prime Minister concluded.

A series of thematic programs, "Platform of the Future: 100 Russian Projects," is being held at the National Center "Russia." They are dedicated to the national development goals outlined in Presidential Decree No. 309.

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.

RUDN University faculty are among the best in the country among the departments of healthcare organization and public health.

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

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Teachers from the Department of Public Health, Healthcare, and Hygiene at RUDN University won first place in the 5th All-Russian Teaching Excellence Competition. The competition was held by the Russian Ministry of Health to share best practices and improve the training of healthcare management personnel.

Participants demonstrated the use of modern educational technologies, including digital, gaming, and simulation methods. The competition consisted of several stages: applications were collected from teachers from April 28 to May 15, followed by a submission period from May 16 to June 15. An expert committee then evaluated the submitted works according to approved criteria and selected the top 10. The teachers who made it into the top 10 presented their papers at an online conference on June 19. The competition winners were invited to speak at the 10th All-Russian Conference of the Russian Ministry of Health on Healthcare Management Training, which was held in November.

The winners of the competition were Professor Anna Fomina, Head of the Department of Public Health, Healthcare, and Hygiene at RUDN University, Doctor of Pharmaceutical Sciences, and Elena Kaverina, Candidate of Medical Sciences and Associate Professor. Their work was recognized as the best among more than 40 submissions from leading medical universities across the country. The award was presented to our teachers at the 10th All-Russian Conference by Artem Narkevich, Director of the Department of Medical Education and Personnel Policy in Healthcare of the Russian Ministry of Health.

Developing leaders

The RUDN University team's work focuses on the experience of training managers for national healthcare systems through extracurricular activities with students—a professional student association and a research club. We spoke with Anna Vladimirovna Fomina, who shared her impressions of participating in the competition.

The competition is billed as a platform for sharing experiences. Did you learn anything useful from your colleagues' presentations?

Yes, we became familiar with educational technologies such as conducting various types of business games, applying elements of systems analysis in teaching management-focused disciplines, studying lean manufacturing and process factory technologies, and many others.

What qualities are important to cultivate in healthcare leaders today?

A healthcare leader must not only possess knowledge of medicine and healthcare, but also possess teamwork, communication, and project management skills, as well as the ability to assume responsibility for overall results. These skills can be acquired through extracurricular activities and training, including within our "Healthcare Organizers and Leaders" program.

Tell us briefly about your experience—how exactly do the PSO and the scientific circle help prepare future healthcare managers?

It's probably a bit early to say that our PSO has trained successful managers in the healthcare system, as we were founded only a few years ago. However, our active members are already successfully pursuing residency training and active research after graduating. I believe we will definitely see outstanding examples of our PSO graduates in the future, but for now, this will take some time.

We published an interview with Elena Valerievna Kaverina previouslyThe teacher also recently won the All-Russian competition "Golden Names of Higher Education." We congratulate the teachers and wish them continued success!

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.

Sergei Sobyanin: An ambulance substation will be built in the Danilovsky District.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

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The Moscow government approved two land use planning projects for a total area of 7.19 hectares in the Golovinsky (Northern Administrative Okrug) and Danilovsky (Southern Administrative Okrug) districts. Resolutions on these matters were signed by Sergei Sobyanin.

The sites being redeveloped are located at Block 11-11a of the Golovinsky District and Pavlovskaya Street, Buildings 18 and 27/29. These buildings are currently occupied by warehouses, industrial, administrative, and other outdated facilities.

The territorial planning projects envisage the creation of apartments with a total area of 88,500 square meters for the renovation program. The new buildings will feature underground parking and non-residential ground floors, which will house retail and other service businesses.

A new block in the Danilovsky District will house a 4,000-square-meter ambulance station with 15 parking spaces and a 4,800-square-meter multifunctional community center.

In addition, the area will be improved, creating comfortable pedestrian areas and a cozy urban environment.

The implementation of the planning projects will create comfortable living conditions for approximately three thousand people, as well as over 700 jobs.

The facilities on Pavlovskaya Street will be built as part of a comprehensive territorial development project.

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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.