The government has allocated funding to ensure the operation of the Russian State Art Gallery in Sevastopol

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

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Order of July 8, 2025 No. 1837-r

More than 480 million rubles will be allocated from the federal budget to ensure the operation of the new museum complex of the Russian State Art Gallery in Sevastopol. An order to this effect has been signed.

The allocated funds will provide funding for the museum complex's activities in 2025. This includes expenses related to the acquisition of works of art and the creation of exhibitions.

The museum complex of the Russian State Art Gallery in Sevastopol is being created on the instructions of the President. The opening of the new art space will take place in stages. By the end of 2025, it is planned to open its first stage, including an education and creativity center, a digital art center and the first exhibition dedicated to the history of Sevastopol. The opening of the second stage – a permanent art gallery – is planned for the first half of 2026.

Together with the Academy of Choreography and the Opera and Ballet Theatre, the museum complex will become part of a cultural cluster in Sevastopol. Such large museum and theatre-educational complexes, uniting theatres, museums, concert halls and creative universities, are also being created in Vladivostok, Kaliningrad and Kemerovo as part of a large-scale project launched on the instructions of the President.

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To the team of Moscow State Technological University "Stankin".

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

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Moscow State Technological University "Stankin" turns 95 years old.

Dear friends!

I sincerely congratulate you on this significant event – the 95th anniversary of the founding of the Moscow State Technological University “Stankin”.

Over its nearly century-long history, it has come a long way, becoming one of the leading technical universities in Russia. And all these years it has been making an invaluable contribution to the development of domestic mechanical engineering, automation, information technology, and the training of highly qualified engineering personnel.

Today, Stankin is a modern educational and research center where innovations are combined with fundamental knowledge. The university is rightfully proud of its glorious traditions, scientific schools, advanced developments and thousands of talented graduates who successfully realize themselves in various industries, science and business.

Behind all the achievements is the dedicated work of several generations of teachers, many of whom are recognized experts in their fields. Thanks to your professionalism and boundless dedication to the cause, students acquire extensive scientific and practical experience, learn to think outside the box, and find solutions to the most complex technical problems.

I am confident that Stankin will continue to be a leader in engineering education and a training ground for personnel for high-tech industries.

I wish the faculty, staff and students of the university success, new discoveries and prosperity.

M. Mishustin

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The government allocated 1 billion rubles for the creation of infrastructure for the Composite Valley innovation center

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

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Order dated July 11, 2025 No. 1871-r

1 billion rubles will be allocated from the Cabinet's reserve fund for the implementation of measures to create the infrastructure of the innovative scientific and technological center (ISTC) "Composite Valley" in the Tula Region. This order was signed by Prime Minister Mikhail Mishustin.

With the allocated funds, the necessary work will be carried out and at least 50 units of equipment will be purchased for the scientific laboratory buildings.

"Composite Valley" will become a platform that unites students, scientists and business representatives, which will help create new scientific and technological programs and attract investments for the implementation of innovative projects. The center is being created on the instructions of the President on the basis of Tula State University within the framework of the federal project "Development of the production of composite materials and products made from them", which is part of the national project to ensure technological leadership "New Materials and Chemistry".

The center's main areas of activity include multifunctional materials, chemical components and technologies for their production; modeling, design and production of products from composite materials; new environmentally friendly closed-loop technologies for small-tonnage chemical production; catalytic materials and technologies for the production of chemical products for the agricultural and petrochemical industries.

Comment

From Mikhail Mishustin's opening remarks at the Government meeting, July 10, 2025

“As a result, the region will have the most modern base for the development, implementation and small-scale production of multifunctional substances and components, as well as for modeling an advanced range of products made from composite materials, which will make it possible to find solutions to a number of complex design problems,” Mikhail Mishustin noted atGovernment meeting on July 10.

The law on the INTC was adopted in Russia in 2017. They are created to organize the transfer of scientific competencies of universities into commercial circulation, involve students and researchers in the development of technologies in demand on the market, and also to help technology companies and startups. A special legal regime for conducting scientific research and implementing innovative solutions, up to the production of specific products, is in effect on their territory. In the coming years, a whole network of such centers should be created in the country. They will become part of a single innovation ecosystem that will bring scientists' developments closer to the real needs of the economy and stimulate the development of technologies.

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Alexander Novak made a working visit to the Republic of Tatarstan.

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

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Deputy Prime Minister Alexander Novak made a working visit to the Republic of Tatarstan. He held a meeting with the head of Tatarstan Rustam Minnikhanov, spoke at the Oil Summit, visited the republic's infrastructure and educational facilities, and met with participants in regional industry competitions and school Olympiads.

Alexander Novak visited the Tatneft scientific and educational center, the Higher School of Oil, where he met with schoolchildren who won the Sustainable Development Goals competition, the environmental Olympiad, and the leaders of the School Biolaboratories program. "New industries require engineers and scientists of a new format, for whom imaginative thinking, research skills, and the ability to make effective decisions come to the fore. Therefore, in addition to the specialized knowledge that you receive here, it is important that you learn to communicate, be a leader, and work in a team. All the necessary conditions are in place for this – modern laboratories, comfortable classrooms, and experienced teachers," said Alexander Novak.

He visited the exhibition of oil and gas equipment as part of the Oil Summit, and also spoke at the panel session "Tatneft – 75 years of technological leadership and contribution to the development of the Russian fuel and energy complex: a look into a sustainable future." The Deputy Prime Minister spoke about the implementation of tasks to achieve technological sovereignty. "As part of the energy strategy until 2050, in order to achieve technological sovereignty and ensure technological leadership, it is proposed to form an ecosystem that will allow developing economic incentives for investment in technology and equipment while removing administrative barriers, and create a domestic pool of serial technologies for the fuel and energy complex. Also key elements are the digital transformation of the industry, attracting and retaining qualified personnel, ensuring professional development of personnel," said Alexander Novak.

Answering a question about the future of oil and gas production over the next 20-30 years, he said that global demand for oil is expected to grow at least until 2035 amid the growing number of cars in the Asia-Pacific region, Latin America and Africa. “The key factors in the dynamics of demand will be an increase in transportation and a change in the structure of the vehicle fleet towards electric transport and increased efficiency of internal combustion engines. A significant increase in demand will be observed in petrochemistry. At the same time, competition in the global oil market will increase. As a result, although the share of oil in the global energy balance will decrease from 37 to 33% by 2050, the volume of demand for oil in absolute figures will increase from 102 to 114 million barrels per day,” the Deputy Prime Minister emphasized.

Alexander Novak awarded the representatives of the Tatneft team with the Order "For Valiant Labor" for their great contribution to the development of the oil and gas industry and their labor successes. The Deputy Prime Minister thanked the veterans and employees of the company for their effective work for the benefit of the country's fuel and energy complex.

The Deputy Prime Minister held a working meeting with the Head of the Republic of Tatarstan Rustam Minnikhanov. The parties discussed the socio-economic development of the republic, as well as updating the conditions for the modernization of the Naberezhnye Chelny TPP. The implementation of the project is an effective solution for covering the growing demand for electricity and ensuring reliable heat supply to a city with a population of over 500 thousand people.

The Deputy Prime Minister took part in the opening ceremony of the XI Republican Open Field Olympiad of Young Geologists, which is held for schoolchildren from Russian regions and friendly countries. "The children's geological movement, which has existed in Tatarstan for over 40 years, is an example of how to effectively contribute to the achievement of national goals at the regional level, to prepare personnel for the country's economy from the school bench. The movement covers about 1.5 thousand children. I am sure that similar projects should be implemented in other regions. Such initiatives are in line with the national goal of the President to realize the potential of each person, develop their talents, and educate a patriotic and socially responsible person," said Alexander Novak.

During the trip, the Deputy Prime Minister visited Tatneft's Taneko oil refining complex, familiarized himself with its operations, and launched the second hydrocracking unit.

"With the launch of the new unit, the Tatneft Taneko oil refining complex will become the only refinery in Russia that has two hydrocracking units in its configuration. This will further increase the depth of raw material processing and the volume of production of the most valuable oil products, including high-quality Euro-6 fuels. It is important that domestic equipment and Russian catalysts were used as much as possible during the project's implementation," emphasized Alexander Novak.

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The SCO countries agreed to cooperate in the creative economy.

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

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The meeting of the Commission of Senior Officials of the Ministries and Departments of the Member States of the Shanghai Cooperation Organization (SCO) responsible for foreign economic and foreign trade activities took place on July 10. The event was held under the auspices of Russia's chairmanship of the Council of Heads of Government (Prime Ministers) of the SCO Member States. The meeting was attended by Nikita Kondratyev, Director of the Department of Multilateral Economic Cooperation and Special Projects.

"For Russia, as well as for other SCO countries, the development of a creative economy is not just a strategic choice, but a natural path. Our countries have a rich cultural heritage, the necessary educational base and technologies, and most importantly, significant human capital," said Nikita Kondratyev.

During the event, the Russian side presented its partners with initiatives to develop the creative economy within the SCO. The meeting participants outlined further steps to implement targeted support measures for businesses engaged in creative industries, stimulate the implementation of joint projects for the production of animation content, and develop advanced digital solutions, video games, and software.

"Russian creative industries are ready to enter friendly foreign markets. We have already formed a pool of Russian creative products and technological solutions aimed at export to the SCO countries. As a result of the chairmanship, we plan to present to partners the trade and investment potential of domestic creativity and create a basis for scaling our creative industries to the markets of the SCO countries," added Nikita Kondratyev.

In the context of the “SCO Year of Sustainable Development,” the Russian side put forward an initiative to create the SCO Sustainable Development Council, a specialized platform for dialogue between business and academic circles.

"Today, business is the most important partner in solving sustainable development problems. Russian companies are actively implementing ESG strategies, investing in green technologies, and forming new models of responsible business management. We are ready to share best practices in developing effective management tools to achieve sustainable development goals (SDGs), attracting sustainable financing, and improving mechanisms for monitoring the achievement of goals at the enterprise level," said Nikita Kondratyev.

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Dmitry Patrushev: Russia is ready to develop mutual cooperation with Moldova in the sphere of agro-industrial complex

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

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Deputy Prime Minister Dmitry Patrushev met with the leader of the Party of Socialists of the Republic of Moldova Igor Dodon, the chairperson of the Heart of Moldova party Irina Vlah and the head of the Future of Moldova party Vasile Tarlev. They discussed cooperation between the two countries in the agro-industrial complex.

"The Russian Federation and the Republic of Moldova have centuries-old relations that have survived a number of historical eras. Our bilateral ties have been strengthened thanks to a common culture. This applies to similar moral and ethical values, and belonging to the Orthodox world. Today, the relations between our countries are going through a difficult period. However, despite this, we have managed to build direct channels of interaction. Russia aims to maintain and develop dialogue with all constructive forces in Moldova that advocate for strengthening Moldovan statehood, the country's sovereignty and preserving its neutral status. Russia is ready for dialogue, including the resumption of work through the intergovernmental commission," said Dmitry Patrushev.

The Deputy Prime Minister reported that last year in the agro-industrial complex, which is traditionally one of the key areas of cooperation between the two countries, the volume of mutual trade fell by another 20%. And deliveries to Russia also decreased by almost a third.

Dmitry Patrushev emphasized that Russia is ready to develop mutual cooperation, including in terms of trade in agricultural products and supplies of mineral fertilizers.

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Financial news: MTPL: key facts.

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Source: Central Bank of Russia –

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Performance indicators of insurers based on the Report on the structure of financial results by insurers

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Due to changes in the methodology for generating reporting indicators in Form 0420162 “Information on the insurer’s activities”, the amount of insurance premiums, starting with data for the first quarter of 2023, may not be fully comparable with the indicators for the comparative periods of the previous year. For a correct comparison of the volume of insurance premiums for reporting periods with similar periods of the previous year, information has been published on form 0420158 "Report on the structure of financial results by accounting groups".

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Dmitry Patrushev: Agricultural lands will be protected from unjustified withdrawal from circulation

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

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Deputy Prime Minister Dmitry Patrushev held a meeting of the Government Commission on Agro-Industrial, Fishing Complexes and Sustainable Development of Rural Territories. The meeting was attended by the management of relevant departments and companies. The main topic was measures aimed at increasing the efficiency of agricultural production.

Dmitry Patrushev noted that in the first months of this year, agricultural production grew by 1.5% compared to the same period in 2024. To support the agro-industrial and fisheries complexes, as well as the development of rural areas, the Government has already allocated more than 560 billion rubles in 2025.

"Right now, one of the most important stages of the year for the industry is the harvesting campaign. Work has started in 22 regions. The Russian Ministry of Agriculture maintains its forecast expectations for the main crops, including plans to harvest about 135 million tons of grain," the Deputy Prime Minister said.

Dmitry Patrushev emphasized that the development of agricultural production relies largely on the rational use of land resources. For this purpose, the relevant mechanisms are systematically improved.

"A separate state program of the Ministry of Agriculture of Russia is aimed at involving agricultural lands into circulation and increasing their fertility. Thanks to its activities, more than 2 million hectares have been brought into use in three years. Together with the Federal Assembly, we are developing the regulatory framework. Since 2022, six federal laws have been adopted for this purpose. This year, the so-called law on two keys was approved, which assumes that the opinion of the Ministry of Agriculture is taken into account when making decisions on transferring agricultural lands to other categories. The inclusion of agricultural lands in the boundaries of populated areas must also be agreed upon with the Ministry of Agriculture. Thus, the most valuable lands will be protected from unjustified disposal," said Dmitry Patrushev.

The law will come into force in March 2026. The Deputy Prime Minister instructed the Ministry of Agriculture to promptly complete the preparation of legal acts for its implementation.

In crop production, an important tool for increasing efficiency is the use of modern agricultural machinery. The meeting discussed the implementation of the preferential leasing program. Dmitry Patrushev noted that this is one of the most popular support measures, allowing the fleet to be updated.

In 2024, Rosagroleasing delivered almost 19 thousand units of agricultural machinery and equipment to farmers – this is a record since the launch of the instrument in 2019. This year, the volume of subsidies for preferential leasing has increased by more than 40%.

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Marat Khusnullin: More than 2.2 thousand facilities have been commissioned in Russia under housing and utilities modernization programs

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

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In the regions of the country, the modernization of public utility infrastructure continues under programs involving preferential loans from the National Welfare Fund and subsidies from the federal budget. The Ministry of Construction is the curator of these programs, and the Territorial Development Fund is the operator.

"In total, 2,225 housing and communal services facilities have been commissioned in the regions under these programs since 2022. This is 3.4 thousand km of utility networks and 273 area facilities – treatment facilities, boiler houses, central heating stations, etc. This year, the federal project "Modernization of Utilities Infrastructure" was launched as part of the national project "Infrastructure for Life". It is important for the regions to increase the pace of implementation of all planned measures to modernize the housing and communal services. According to the President's instructions, 4.5 billion rubles are planned to be allocated for these purposes by 2030. And here the task is to increase extra-budgetary financing – this is clearly stated in the memorandums signed by the regions with the Ministry of Construction. All these measures are aimed at solving existing problems in the industry and providing Russians with high-quality utilities," said Deputy Prime Minister Marat Khusnullin.

According to the FRT programs, the largest number of works were carried out in the heat supply sector – 1.4 thousand km of heat networks and 230 area facilities were commissioned. In second place are works on modernization of the water supply sector. In total, 1.7 thousand km of water supply networks were updated in the regions and 15 area facilities were commissioned. In addition, work was carried out to modernize 351 km of water drainage networks and 28 facilities in this sector.

"In the first half of 2025, 10 industrial facilities were commissioned in the regions. For example, treatment facilities were commissioned in the Sverdlovsk Region, four boiler houses were built in the Perm Region, and one each in Yakutia and the Kamchatka Region. Heat supply sources were also reconstructed in the Nizhny Novgorod and Volgograd Regions. In addition, 38.5 km of utility networks were updated. As a result, the quality of services has improved for thousands of Russians. Work on housing and communal services facilities continues," said Vasily Kupyzin, General Director of the Territorial Development Fund.

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Financial News: Key Stock Market Indicators.

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Source: Central Bank of Russia –

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In connection with the entry into force of the Bank of Russia Instruction of May 28, 2003 No. 1283-U “On the procedure for establishing by the Bank of Russia official prices for refined precious metals”, from July 7, 2003 the Bank of Russia introduced the following procedure for establishing official prices for refined precious metals (gold, silver, platinum and palladium).

Every working day, the Bank of Russia calculates official prices based on the fixing values for gold, silver, platinum and palladium on the London spot metal market in effect at the time of calculation, and converts them into rubles at the official exchange rate of the US dollar to the Russian ruble in effect on the day following the day the official prices were established.

Book prices are used for accounting purposes in credit organizations.

anizations, starting from the calendar day following the day of their establishment, and are valid until the new values of the accounting prices come into force.

By Bank of Russia Instruction No. 1284-U of 28 May 2003 "On the Recognition of Certain Regulatory Acts of the Bank of Russia as Invalid", the Bank of Russia Instruction No. 652-U of 30 September 1999 "On the Procedure for Calculating Quotations for the Purchase and Sale of Refined Precious Metals by the Bank of Russia in Transactions with Credit Institutions" (with amendments and additions), which determined the procedure for establishing prices for transactions for the purchase and sale of precious metals by the Bank of Russia on the domestic market, was cancelled.

Transactions for the purchase and sale of refined precious metals by the Bank of Russia on the domestic market will be concluded on market terms at prices that take into account the current situation on the world market and the level of risks of the Bank of Russia associated with fluctuations in world prices for refined precious metals.

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