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 –

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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 –

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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

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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 –

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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.

Sobyanin made a decision on the comprehensive development of territories in two Moscow districts.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

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The Moscow government has adopted decisions on the comprehensive development of underutilized non-residential areas totaling 35.5 hectares in various districts of the capital. These areas are currently occupied by warehouses and other outdated buildings.

The redeveloped sites are planned to accommodate over 405,000 square meters of residential real estate for the renovation program, as well as public, commercial, and other facilities totaling approximately 183,000 square meters. Resolutions on these matters were signed by Sergei Sobyanin.

The redeveloped sites, covering 34.8 hectares, are located along Kosinskoye Highway in the Kosino-Ukhtomsky District at 18 Bolshaya Kosinskaya Street and 32 Orenburgskaya Street. Their urban development potential amounts to 566,180 square meters of real estate.

Specifically, the project will include a 112,000-square-meter multifunctional complex, an educational complex with a school for 1,000 students and a kindergarten for 350 children, a 5,900-square-meter sports complex with a swimming pool, and a parking garage with 870 spaces. The project will create 4,600 jobs.

Additionally, the sites affected by the redevelopment are located in the Ryazan District at 14 Konovalova Street and plot No. 33/2 Zarayskaya Street. Their total area is 0.68 hectares. The Pluschevo station of the Third Moscow Central Diameter and the Chukhlinka station of the Fourth Moscow Central Diameter are located nearby. Konovalova Street offers the potential for 21,700 square meters of development. The second site, on Zarayskaya Street, will be the site of landscaping.

As of December 16, 2025, the Moscow Government has approved and is implementing 160 integrated development projects covering a total area of approximately 1,600 hectares. These projects are planned to build over 31 million square meters of real estate, creating over 350,000 jobs.

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Georgy Fokin, CEO of Gazprom Transgaz Saint Petersburg, was awarded an Honorary Doctorate from the Polytechnic University.

Translation. Region: Russian Federation –

Source: Peter the Great St. Petersburg Polytechnic University –

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At an extraordinary meeting of the SPbPU Academic Council, a ceremony was held to award the diploma, gown, and badge of Honorary Doctor of Peter the Great St. Petersburg Polytechnic University to Georgy Fokin, General Director of Gazprom Transgaz Saint Petersburg, Doctor of Engineering Sciences, and Professor. The decision to confer the title was unanimously adopted by the members of the SPbPU Academic Council on May 23, 2025.

"We are honored to welcome representatives of Gazprom into our Polytechnic family," SPbPU Rector Andrey Rudskoy welcomed the distinguished guest. "Through you, we will continue our creative, scientific, and educational collaboration, which has linked us for many years. First and foremost, we will do everything we can to ensure that you employ top-class engineers. And, of course, we will conduct joint scientific research. We will work together for the benefit of our country and to achieve technological leadership. This is a tremendous task, one we are capable of."

The partnership with Gazprom Transgaz Saint Petersburg (a subsidiary of PJSC Gazprom) has become one of the most significant and productive for the Polytechnic University. In 2014, the university established a specialized department, "Gas Turbine Units for Gas Pumping Stations," headed by Georgy Fokin. In February 2025, he became the head of Gazprom Transgaz Saint Petersburg and the rector of SPbPU. signed an updated cooperation agreement, aimed at advanced training of personnel for the industry, conducting research and development work in the interests of the company and the entire Gazprom Group, and developing and applying advanced technologies.

Introducing the new Honorary Doctor, SPbPU Academic Secretary Dmitry Karpov noted that Georgy Fokin's personal commitment is the foundation of the extensive collaboration between the university and the company, and cited outstanding examples of collaboration over the past year. For example, undergraduate and graduate students from the specialized department, equipped with state-of-the-art computing facilities, are participating in a major R&D project to localize the T32 gas turbine unit, which is part of the GPA-32 "Ladoga" gas compressor unit. An alternative 3D printing technology has been mastered for the manufacture of a fuel injector swirler.

At the request of Alexey Miller, Chairman of the Management Board of PJSC Gazprom, the Polytechnic University promptly launched a program to train dispatchers and offer professional retraining at the Gazprom Transgaz Saint Petersburg training center.

The University's Mechanical Engineering Building has renovated the air system for air testing, and space has been equipped for students in the turbine engineering laboratory.

Georgy Anatolyevich Fokin graduated from the Faculty of Electronic Engineering at the V. I. Ulyanov (Lenin) Leningrad Electrotechnical Institute. In 1994, he defended his dissertation at the Saint Petersburg State Technical University (as the Polytechnic University was then known) and became a candidate of physical and mathematical sciences. In 2016, he also defended his doctoral dissertation at the Polytechnic University on the concept of developing small-scale power generation for compressor and gas distribution stations.

Georgy Fokin is a multifaceted man. He combines his professional career with community service: he serves on the Public Council of the Northwestern District of the Russian National Guard Troops, the Board of Trustees of the Charitable Foundation for the Development of the Tsarskoye Selo Museum-Reserve, and the Board of Trustees of the Russian Geographical Society. He is also the Honorary Consul of the Dominican Republic in St. Petersburg.

"Today, we are not so much inviting another outstanding individual to join the ranks of the Polytechnics as we are sincerely thanking this highly qualified specialist, professional, and remarkable leader for his collaboration and partnership—in full accordance with the SPbPU Honorary Doctorate Regulations—for his significant contribution to the development of cutting-edge fields of knowledge and science, which has contributed to the university's strategic development, the expansion of its areas of cooperation, and the enhancement of its authority internationally," concluded Dmitry Karpov.

Traditionally, to the sound of the student anthem "Gaudeamus," the ceremonial vestments—the gown and headdress of an Honorary Doctor—were carried into the Academic Council hall. Students dressed in early 20th-century Polytechnic uniforms helped Georgy Fokin don his academic attire, and the Polytechnic Rector presented him with the Doctor Honoratus badge, a diploma, a certificate, the book "Honorary Doctors of Peter the Great St. Petersburg Polytechnic University," and souvenirs.

After the ceremony, Georgy Fokin thanked everyone from the podium for the honor and shared his memories of the beginning of his collaboration with the Polytechnic University: "I feel a sense of pride standing in this place, where outstanding people, pillars of science, have stood before me. My entire scientific career has been connected in one way or another with the Polytechnic University. At ETU "LETI," I graduated from the basic department of the Physicotechnical Institute, headed by Zhores Ivanovich Alferov, who later founded an entire faculty at the Polytechnic Institute. After that, I worked at the Ioffe Institute, then moved to the Center for Advanced Technologies and Development. And in 1994, I defended my PhD thesis at the Polytechnic University. Those were challenging times, including for science. When we submitted our documents, it turned out that the dissertation council hadn't defended a single thesis for two years. And during my presentation, they asked me 32 questions. Not because they wanted to overwhelm me, but because the dissertation council members were curious; they missed defenses." I answered all the questions, received a PhD in Physics and Mathematics, and since then my work related to the Polytechnic has only developed.

Georgy Fokin recalled that in 2018, the Polytechnic University was recognized as Gazprom's flagship university. He concluded his speech by saying, "I commit to continuing to support our cooperation with the Polytechnic University."

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 educational center will be built in Moscow's Voykovsky District.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

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The Moscow government has approved plans to build an educational complex and a public and business facility with a total area of approximately 33,000 square meters in the northern part of the city. Sergei Sobyanin signed the corresponding decree.

The projects are being implemented through private investment as part of the city's program to stimulate the creation of employment opportunities. For example, an educational complex with 1,075 seats will be built on Admirala Makarova Street in the Voykovsky District. And a 15,400-square-meter public and business facility with a parking garage is planned for Ilmensky Proyezd in Zapadnoye Degunino. In total, these projects will create approximately 1,000 jobs.

The Moscow Government approved a program to stimulate the creation of employment opportunities in 2019 (Resolution No. 1874-PP of December 31, 2019) to encourage housing developers to actively build industrial, commercial, social, cultural, and other important facilities for the city. Investors who simultaneously create new jobs while building housing receive a tax break on changes to the permitted use of land for housing construction.

The program's implementation stimulates comprehensive, balanced development of new districts, reduces the shortage of jobs in existing developments, and curtails excessive commuting.

As part of this program, the Moscow Government has already approved the creation of more than 2,700 facilities with a total area of over 8.3 million square meters, including new industrial enterprises, office and retail facilities, educational, cultural, and sports institutions.

A total of over 2.8 trillion rubles will be invested in the city's development and employment creation. A significant portion of the investment will be directed toward the development of high-tech industry. The employment creation incentive program will create over 360,000 jobs in virtually all sectors of the city's economy.

Within the framework of the program, 47 facilities have already been built, creating approximately 36 thousand new jobs.

Apply for obtaining special status Developers can do this through the Moscow investment portal.

Moscow maintains positive socio-economic development dynamics

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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.

RUDN University economics students helped organize a series of talks at the "Made in Russia. Choosing the World" conference.

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

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Just imagine: 1,500 export negotiations in two days, 48 importers from 15 countries, and 150 companies from 38 Russian regions. Yana Londarenko, a Master's student in the International Trade program at the RUDN University Faculty of Economics and head of international projects at Business Connect LLC, organized a large-scale export negotiations session at the "Made in Russia. Chosen Worldwide" conference, commissioned by the Russian Export Center.

"When organizing such a large-scale international event at the federal level, every question is a challenge. Focus, quick reactions, and decision-making are essential. These are skills that every international economist must possess, combining several roles. On behalf of the organizers, I would like to express my gratitude to all the students from my beloved RUDN University, who played an important role as moderators at the negotiating tables. I am confident this experience will help them in their future professional careers!" — Yana Londarenko.

The "Made in Russia. Chosen Worldwide" conference focused on the development and promotion of Russian non-resource exports. The event's main goal was to develop a roadmap for strengthening the national brand in domestic and international markets. The forum brought together representatives of businesses, regional export support centers (ESCs), and experts in foreign economic activity. Over the course of three days, Russian entrepreneurs held business meetings with foreign buyers from the CIS, China, the Middle East, Latin America, and Africa.

50 conference tables

Over 30 undergraduate and graduate students from the RUDN University Department of International Relations assisted with the negotiations. Ulyana Lukicheva, a first-year student in the "Global Economy and International Economic Security" program, participated in the event as a volunteer.

"On the first day, after preparing the event, I attended negotiations between Zambia and various Russian companies. They proceeded as follows: approximately 50 tables, each with a buyer from one of 16 countries, a volunteer, and a translator. Every 20 minutes (the duration of each meeting), a representative of the Russian company would approach, and the negotiations would begin. This was a very important experience for me. Firstly, I was able to learn a great deal about products and various business and negotiation strategies. Secondly, I practiced my English, especially words and phrases related to my field," says Ulyana Lukicheva.

According to the student, she learned a lot of new business terminology, understood how some factories operate, and what companies and buyers primarily look for during negotiations. Among the most frequently asked questions, the student highlighted the following: "Do you have experience exporting to other countries?", "What is the retail and wholesale price of your products?", and "Is specialized packaging possible?"

"On the second day, I volunteered at the buyer's table from China. The negotiation process was the same as the first day, but there were some peculiarities. First, the Chinese buyer focused on healthy lifestyle products: if they were food, then those with low or no sugar content. Each meeting was much shorter than the Zambian one, so even companies not on the list had time to approach," says Ulyana Lukicheva.

In Africa they recommend

One of the international participants at the "Made in Russia. The World's Choice" conference was South African entrepreneur Slausie Mogami. She is the chair of the Women Leaders of Africa organization and the head of the BRICS South African Agriculture Working Group. Mogami is already well acquainted with the "Made in Russia" brand and recommends that her compatriots consider high-quality Russian products. She spoke with representatives of the RUDN University Faculty of Economics and shared her impressions of the conference.

"As I represent a large number of South African companies, I'm pleased that this event attracted a wide range of proposals across various industries, and concrete results are expected. It was great that representatives from many countries attended, especially from Africa and the Middle East. I'm also impressed that the majority of products in Russia are now organic. Producers avoid using GMOs, and their products meet international standards," says Slauzi Mogami.

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.