Hotels, hostels and glamping sites that have not completed the classification may be fined from September 6

Translation. Region: Russian Federal

Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

An important disclaimer is at the bottom of this article.

At the same time, the general task of the Ministry of Economic Development of Russia and the regions is to provide a sufficient level of support to market participants to resort to such fines as rarely as possible. This was stated by Deputy Minister of Economic Development Alexey Khersontsev at the conference "Self-assessment as a stage of classification of accommodation facilities: digital and expert solutions, state control and business support", which was held in Moscow.

The conference participants discussed the progress of the classification system reform and emphasized that from September 1, properties that have not passed this procedure will not be displayed in the aggregator booking systems. And from September 6, amendments to the Code of Administrative Offenses will come into force, which establish fines for the operation of accommodation facilities that have not passed the classification. For legal entities, the amount will be from 300 to 450 thousand rubles. Repeated violation of this requirement or failure to comply with the order of the control body will lead to the imposition of turnover fines.

"This reform is aimed at solving two problems: creating equal conditions for all market participants and increasing tourists' confidence in the quality of accommodation. Until January 1 of this year, classification was understood exclusively as hotels receiving "stars". Since the beginning of this year, the classification procedure itself has undergone significant changes and has been divided into two stages, and its perimeter includes not only hotels, but also recreation centers, campsites and sanatoriums. Now classification is a two-stage procedure. The first stage is mandatory for all accommodation facilities – this is a self-assessment, the result of which is the inclusion of the accommodation facility in the register of accommodation facilities created by Rosaccreditation. Without passing this stage, the accommodation facility cannot operate. The second stage is at the request of the hotel. They can contact an accredited organization and undergo an assessment for compliance with additional quality indicators – "stars", – noted Alexey Khersontsev in his speech.

He noted that the transition to the new rules is carried out in several stages. Thus, on January 1, Rosaccreditation automatically transferred all hotels that were classified before the reform began to the new register. The next point was March 1, 2025. Before this date, all other accommodation facilities – recreation centers and campsites – had to report their activities and undergo a simplified self-assessment, that is, fill in information about their name, address and location. From March 1, accommodation facilities that are not in the new register do not have the right to accept guests. Control powers to assess compliance with this requirement were also transferred to the regions from March 1. The final point of the reform is September 1, 2025. Before this date, all accommodation facilities – both hotels that were automatically transferred to the new register, and campsites and recreation centers – must fully complete the first stage of classification – self-assessment, update information about their activities and, using photographs taken in the Inspector mobile application, confirm their compliance with mandatory requirements.

The conference presented the results of the implementation of the digital subsystem "Hospitality", integrated into the Federal State Information System of Rosaccreditation, on the basis of which the classification of accommodation facilities is carried out. The platform allows processing up to 100 thousand applications per day, supports automatic verification, API access to data for aggregators and confirmation of information through the mobile application "Inspector". Connection to the system is provided to all types of accommodation facilities.

"The new system was created not for the sake of reporting, but for real work. We receive more than 2 thousand applications per week, and thanks to the FSIS architecture, we have no technical limitations. We did not just build a digital route, we accompany it with live interaction with businesses. Since August 1, the support service and chat for market participants have been operating around the clock – and this has become an important step to ensure that no question remains unanswered. In six months, the system has passed a stress test, and now we are ready for the maximum load," said Dmitry Volvach, head of Rosaccreditation.

He explained that based on feedback, routes for each type of object were optimized, step-by-step prompts were built in, and the ability to edit rejected applications without re-entering data was added. Separate technical solutions are provided for complex cases, including the absence of an address in the State Address Register and legal restrictions in certain regions.

In addition to digital tools, the service has built a system of operational support: today there are more than 8 thousand participants in industry chats, more than 18 thousand questions have been resolved. In parallel, work is underway with uncovered accommodation facilities – data is verified with Rosstat, notifications are sent through the Federal Tax Service and My Business centers.

The conference was also attended by the General Director of the Federal Autonomous Institution NIA Denis Sukhetsky, Deputy General Director of the Federal Autonomous Institution NIA Alexander Andrinatyev, Deputy Head of Roskachestvo Yulia Mikhaleva, President of the Federation of Restaurateurs and Hoteliers of Russia Igor Bukharov, General Director of Ostrovok.ru Daria Kochetkova, Managing Director of the Radisson Hotel Group in Russia Violetta Romero de Torres and other representatives of the tourism industry.

The full recording of the conference is available atlink.

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Financial news: 06.08.2025, 10-49 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A10A125 (Rosnft4P3) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

06.08.2025

10:49

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 06.08.2025, 10-49 (Moscow time), the values of the upper limit of the price corridor (up to 107.09) and the range of market risk assessment (up to 1141.55 rubles, equivalent to a rate of 10.0%) of the security RU000A10A125 (Rosnft4P3) were changed.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: Three deposit auctions of the PPC “TERRITORIAL DEVELOPMENT FUND” will take place on 06.08.2025

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

Date of the deposit auction 08/06/2025. Placement currency RUB. Maximum amount of funds placed (in the placement currency) 6,342,000,000.00. Placement term, days 29. Date of depositing funds 08/06/2025. Date of return of funds 09/04/2025. Minimum placement interest rate, % per annum 18.00. Terms of the conclusion, urgent or special (Urgent). Minimum amount of funds placed for one application (in the placement currency) 6,342,000,000.00. Maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 11:30 to 11:40. Applications in competition mode from 11:40 to 11:45. Setting the cutoff percentage rate or declaring the auction invalid before 11:55.

Additional conditions.

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Financial news: Individuals invested over 230 billion rubles in securities on the Moscow Exchange in July

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

The number of individuals with brokerage accounts on the Moscow Exchange (MOEX) as of the end of July 2025 was 37.8 million (603 thousand in July), with 70.9 million accounts opened. Transactions on the Moscow Exchange stock market in July were concluded by 3.9 million people, of which 357 thousand were qualified private investors.

In July 2025, individuals invested 232.4 billion rubles in securities, which is almost twice as much as in July last year, including 13.2 billion rubles in shares, 206.8 billion rubles in bonds (3.2 times more than in July 2024), and 12.4 billion rubles in fund units.

The share of private investors in the volume of trading in shares and units of exchange-traded funds in July was 66.9%, and in the volume of trading in bonds – 28.1%.

The most popular shares in private investors' portfolios in July were ordinary and preferred shares of Sberbank (SBER, SBERP) (31.4% and 7.1%, respectively), shares of LUKOIL (14.0%), Gazprom (13.0%), T-Technologies (6.8%), X5 (5.8%), VTB Bank (5.7%), Rosneft (5.7%), Yandex (5.7%) and preferred shares of Surgutneftegaz (5%).

The top 5 Russian mutual funds in private investors' portfolios included money market funds LQDT (share – 38.8%), SBMM (19.7%), AKMM (17.2%), BCSD (2.4%) and AMNR (2.0%).

The shares of morning and evening trading sessions in the total volume of stock and fund shares trading amounted to 9 and 15%, respectively. Retail investors were the main participants in the morning and evening sessions with shares of 83 and 78%, respectively.

The most popular securities from the Moscow Exchange IPO Index in transactions with private investors in July 2025 were UGLD, IVAT, SVCB, ASTR, SOFL, MBNK, OZPH, EUTR, DIAS and LEAS.

The number of individual investment accounts (IIA) amounted to 6.1 million (20.2 thousand in July). Trading turnover on IIA accounts in July 2025 increased by 37.4% compared to July last year and amounted to 332.7 billion rubles. In the turnover structure, 66.3% are transactions with shares, 13.2% – with bonds and 20.6% – with fund units.

The Moscow Exchange Group operates the only multifunctional exchange platform in Russia for trading shares, bonds, derivatives, currencies, money market instruments and commodities. The Group includes a central depository and a clearing center that acts as a central counterparty in the markets, which allows Moscow Exchange to provide its clients with a full cycle of trading and post-trading services.

Contact information for media 7 (495) 363-3232Pr@moex.kom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Dmitry Grigorenko: More than 180 “life situations” services have been launched in the regions.

Translation. Region: Russian Federal

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

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More than 180 “life situations” services have been launched in the regions since their introduction in 2024. Among the regional “life situations” are “Measures to support the tourism business in Krasnoyarsk Krai”, “Living in a house – a cultural heritage site of St. Petersburg”, “Yamal longevity” and others.

Work on the formation and launch of the “life situations” services is being carried out within the framework of the implementation of the federal project “State for People”, which is supervised by Deputy Prime Minister – Head of the Government Staff Dmitry Grigorenko.

"Regional services "life situations" help people solve their problems quickly and comfortably, regardless of which region of Russia they live in. Thanks to these services, citizens, on the one hand, receive quality that is not inferior to the federal one. And on the other hand, problems that are relevant specifically for a certain region are solved. This could be living in a house – a cultural heritage site of St. Petersburg or receiving measures to support the tourism business in the Krasnoyarsk Territory," said Dmitry Grigorenko.

The "life situations" services combine services that are necessary for people and businesses in certain circumstances, provided comprehensively and in one place. With their help, the time required to receive government services, the number of necessary visits to departments and documents that need to be provided are reduced.

Regional “life situations” allow us to resolve a wide range of issues relevant to a specific territory – from social aspects to support measures.

Thus, in the Sverdlovsk region, "life situation" helps in caring for a seriously ill family member. The service includes information for determining the possibility of receiving social services for home care, and also helps to prepare a package of documents for receiving social services.

In the Yamalo-Nenets Autonomous Okrug, senior citizens become participants in the Yamal Longevity program with the help of a “life situation.” The service helps sign up for free painting, recreational swimming, Nordic walking, handicrafts, and computer literacy classes.

The opportunity to apply for measures to support the tourism business is provided by the "life situation" in Krasnoyarsk Krai. Small and medium-sized enterprises that provide tourism services in the territory of the region, as well as implement investment and infrastructure projects, can use the service.

Thanks to the "life situation" in St. Petersburg, people and organizations that purchase real estate will find out whether it is a cultural heritage site. The service also allows you to apply for permission to carry out repairs in listed buildings.

"Life situation" for going hunting in the Penza region helps to issue a hunting license and hunting permit. The service also includes regional reference information. For example, what time and what game is allowed to hunt in the Penza region.

You can obtain a certificate of registration of a specialist in the field of veterinary medicine using the "life situation" in the Komi Republic. The service allows you to start a private veterinary practice, as well as get reference information on how to become an individual entrepreneur and open a clinic for treating animals.

Within the framework of one regional service “life situation”, the following indicators decreased on average:

— the time to receive services by 41% – from 57 days to 33 days,– the number of documents by 41% – from 10 to 6 units,– the number of visits by 66% – from 6 to 2 visits to departments.

By the end of 2025, another 245 regional “life situations” services are planned to be launched. Thus, it is planned that by the end of 2025, 425 regional “life situations” will be available.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Marat Khusnullin: About 1.2 thousand objects and events are in progress according to the register of capital construction projects

Translation. Region: Russian Federal

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

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N.A. Rimsky-Korsakov Conservatory, St. Petersburg.

The state program "Construction" was adopted in 2022 to develop the construction industry and effectively manage budget investments. Within the framework of this state program, a register of capital construction projects (ROKS) is maintained, which currently includes 1,190 address objects and large-scale events. This was reported by Deputy Prime Minister Marat Khusnullin.

"The comprehensive state program "Construction" helps to competently manage budget money for the construction of facilities that people really need. According to the register of capital construction projects included in the comprehensive state program, hospitals, schools, roads, universities, airports and seaports, nuclear icebreakers, research centers and much more are built and reconstructed. Currently, 1,190 targeted facilities and events are in progress. Among the projects completed in the first half of the year, there is, for example, a polyclinic for 400 visits per shift in the Moscow region. Also, reconstruction was carried out and work on technical re-equipment of the regional monitoring center and the regional information center in Murmansk was completed. A new research and production building was created on the basis of the St. Petersburg State Marine Technical University. I would like to separately note the receipt of permission to commission the N.A. Rimsky-Korsakov Conservatory in St. Petersburg, the reconstruction of which was completed a year ahead of schedule," said Marat Khusnullin.

The state program is actively implementing key projects in various areas. In healthcare, the construction of the neurosurgical complex of the V.A. Almazov National Medical Research Center in St. Petersburg and the reconstruction of the Meshalkin National Medical Research Center in Novosibirsk continue. Infrastructure is also being developed: the Bagaevsky hydroelectric complex on the Don is being created, the Murmansk transport hub is being modernized, and the Simferopol-Yalta highway is being built. In the scientific sphere, the Kurchatov synchrotron radiation source in Moscow is being updated and the Ivan Frolov research vessel is being created. At the same time, airports are being reconstructed, including the construction of new runways.

In addition, work is underway to reduce unfinished construction projects within the framework of the comprehensive state program "Construction". Today, there are 755 unfinished construction projects in the federal register, of which 752 have already been approved, including 382 projects planned to be completed.

"Liquidation of unfinished construction projects is not only the fulfillment of obligations to citizens, but also an important factor in the economic development of territories. Each commissioned facility creates new jobs and improves the infrastructure of the Russian Federation. Currently, appropriate systemic measures are being taken to inventory and reduce unfinished construction projects within the framework of the created regulatory framework of Russian legislation and the developed "road maps". Starting from 2022, 135 objects have been excluded from the federal register, including 43 completed, 31 privatized, 30 demolished," emphasized Deputy Minister of Construction and Housing and Public Utilities Yuri Gordeev.

The state program "Construction" is supervised by the Ministry of Construction of Russia. The construction and renovation of facilities are carried out by the main administrators of federal budget funds.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Dmitry Patrushev: Russia is committed to constructive cooperation on issues of preserving the Caspian Sea

Translation. Region: Russian Federal

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

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Deputy Prime Minister Dmitry Patrushev took part in a meeting of deputy heads of government of the Caspian states. The meeting discussed the main vectors of joint work to minimize the adverse effects of the shallowing of the Caspian Sea.

"The Caspian Sea has important ecological and socio-economic significance for our countries. And of course, the Russian Federation is concerned about its condition. We are currently facing an unprecedentedly active decrease in sea levels. Because of this, various sectors of the economy suffer, in particular agriculture, transport, mining, and tourism. And the intensive release of land leads to soil degradation and desertification," said Dmitry Patrushev.

The Deputy Prime Minister noted that Russia has been conducting research in the Caspian Sea for many years. Its shallowing is a major challenge for all five coastal states: Turkmenistan, Azerbaijan, Iran, Kazakhstan and Russia, so studying the causes of shallowing requires a comprehensive approach. Dmitry Patrushev emphasized the importance of predicting options for further developments and developing measures to protect the ecology of the Caspian Sea and adapt the economy to natural and climatic processes.

The Deputy Prime Minister proposed launching a multilateral interaction mechanism that would allow developing common standards and approaches to studying Caspian Sea level fluctuations. The Deputy Prime Minister reported that the Coordination Committee for Hydrometeorology of the Caspian Sea, within which data exchange is already underway, could become a platform for joint activities.

"The Russian Federation is committed to constructive interaction with all Caspian states. Our joint work must be carried out without any politicization: we are responsible to current and future generations for the preservation of the Caspian Sea and the sustainable development of this region," the Deputy Prime Minister stated.

Dmitry Patrushev particularly emphasized that Russia also hopes for the intensification of regional dialogue on the issues of the shallowing of the Caspian Sea within the framework of the Tehran Convention.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Marat Khusnullin: Applications from 10 regions for housing and communal services modernization using treasury infrastructure loans have been approved

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

Deputy Prime Minister Marat Khusnullin held a meeting of the Presidium of the Government Commission on Regional Development, where applications for the implementation of projects financed with funds from treasury infrastructure loans were reviewed and approved.

"We continue to work on distributing funds from treasury infrastructure loans. Most of the application campaign has been completed. All 89 regions of the country took an active part, we see the involvement. I ask all governors to take this work seriously, to monitor the implementation of planned projects. Many of them allow not only to put the existing infrastructure in order, but also to create a reserve for growth and prospects for the future. Today, applications for a total of 46.8 billion rubles were approved. These are 64 objects in 20 projects in 10 regions of the country. The funds will be used to modernize housing and communal services systems. I am confident that all approved projects will contribute to improving the quality of life of people and will generally have a positive impact on the socio-economic development of the regions," said Marat Khusnullin.

The Deputy Prime Minister reported that, in particular, the headquarters approved applications for the construction of a second line of the main sewer collector in St. Petersburg with a CIC volume of 11.9 billion rubles, the reconstruction of the water supply system in the Republic of Dagestan with a CIC volume of 6.86 billion rubles, the reconstruction of a pumping station and a settling tank block of a water treatment plant in the Chuvash Republic with a CIC volume of 2.44 billion rubles, the reconstruction of treatment facilities in Sredneuralsk and the construction of treatment facilities in Sysert in the Sverdlovsk region with a CIC volume of 5.81 billion rubles, and the modernization of water supply networks in Chelyabinsk and Kopeysk in the Chelyabinsk region with a CIC volume of 2.92 billion rubles.

Also, 5.12 billion rubles will be allocated to the Volgograd region for the construction of a water supply system in the Kirovsky, Sovetsky and Krasnoarmeysky districts of Volgograd, the construction of water supply networks and structures for prospective residential buildings in the central-western part of the city.

In the Kirov region, it is planned to build 5 boiler houses with conversion to gas, as well as a complex facility for handling municipal solid waste, using KIK funds totaling 2.28 billion rubles.

Thanks to the KIK, water treatment and sewage treatment facilities will be reconstructed in the village of Staraya Ladoga in the Leningrad Region, and water supply and sanitation networks will be built. The volume of the KIK is 1.87 billion rubles.

Samara Region has approved applications with a CIC volume of 4.13 billion rubles for the implementation of 6 projects and 26 objects. Among them are the reconstruction of 15 sections of heating mains, modernization of heat supply systems in Novosemeykino, major repairs of a water main in Syzran, construction of two water disposal facilities and reconstruction of a wastewater treatment facility in Tolyatti, reconstruction of two water disposal facilities in Samara, construction of three boiler houses in the Kinel-Cherkassky municipal district. The projects will improve the quality of heat supply, water supply and sanitation for more than 800 thousand residents of the region.

In the Republic of Tatarstan, an application for 3.47 billion rubles from the KIK for the development of a promising territory in the Kirovsky district of Kazan with a total area of 759 hectares has been approved. It is planned to develop it in stages according to the principle of a "15-minute city". Thanks to the KIK, it is planned to build main networks of domestic and household sewerage systems with a length of more than 19 km. The project will improve the quality of the water disposal system for more than 142 thousand residents of the territory.

Previously, applications with a total CIC volume of 19.73 billion rubles were approved for the implementation of the projects of the Bolshoy Smolensky Bridge in St. Petersburg, the purchase of buses in the Kirov region, the reconstruction of the Smolensk-Severny airfield and the renewal of the housing and utilities infrastructure in the Smolensk region.

In his report, the Minister of Construction, Irek Faizullin, spoke about the current review of applications from regions for the implementation of infrastructure projects using funds from treasury infrastructure loans (TIL).

"Currently, we see high interest from regions in using the CIC tool. The application campaign for basic housing and communal services limits and the competitive selection for investment projects has already been completed. Applications continue to be received within the framework of long-term comprehensive plans for the Far Eastern Federal District and the Arctic zone. 7 regions with an approved limit for this year have already submitted applications, and applications from other regions are still being accepted until the end of September," said Irek Faizullin.

As part of the redistribution of limits, it was also proposed to allocate 3.3 billion rubles to restore infrastructure in the Kursk and Belgorod regions; applications from the regions will be submitted for approval in the near future.

Vasily Kupyzin, General Director of the Territorial Development Fund, reported that the KIKs have become a continuation of the mechanism of infrastructure budget loans, which has proven itself to be effective in comprehensive regional development.

"As a CIC operator, the fund carefully works with each application. 82 regions submitted applications for updating housing and communal services systems for a total of 187 billion rubles. The sphere is very complex and requires special attention, so the planned work is important for improving the quality of provided utilities. In general, we have extensive successful experience in implementing IBC projects. We will make every effort to ensure high-quality implementation of new projects for the benefit of Russians," commented Vasily Kupyzin.

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Financial news: Credit growth to the economy continued to slow in June.

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Monthly growth of credit to the economy slowed to 0.3% in June from 1.1% in May. Tight monetary conditions continued to constrain lending.

In June, the entire growth of credit to the economy was fully provided by corporate lending: banks' claims on organizations increased by 0.4% over the month. Claims on the population remained almost unchanged over the month.

Broad money supply increased by 0.6% in June, which is comparable to the May growth rate. The bulk of the growth was accounted for by cash rubles and current accounts of the population. This may be due to the fact that during the summer holidays the need for funds for settlements increased. In the segment of term deposits, long-term deposits grew at an accelerated rate, which may be explained by the desire of depositors to fix current rates.

Read more in the information and analytical material "Credit to the Economy and the Money Supply".

Preview photo: Donat Sorokin / TASS

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On the suspension of trading in securities.

Translation. Region: Russian Federal

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, the Chairman of the Management Board made the following decisions on 05.08.2025:

to suspend trading in securities from the trading day of 18.08.2025 in relation to the following securities:

Name of the issuer/organization Limited Liability Company “X 5 FINANCE”
Name of security Exchange-traded bonds with collateral, interest-bearing, non-convertible, non-documentary series 003P-01
Identification/Registration Number of the Issue 4B02-01-36241-R-003P dated 10/12/2023
Trade code RU000A109JH1
ISIN code RU000A109JH1
List Section First level
Basis for decision making early redemption of a securities issue

On the trading day following a weekend and/or non-working holiday, additional weekend trading sessions (if any) are included. The list of trading days and weekends on which the said trading sessions are held is approved by the decision of the Exchange and is disclosed on the website in the calendar (seeTrading Calendar — Moscow Exchange | Markets).

Contact information for media 7 (495) 363-3232Pr@moex.kom

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.