Dmitry Grigorenko: Part of the funds saved by IT companies thanks to the incentives will be used for personnel training.

Translation. Region: Russian Federation –

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

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Large accredited IT companies will contribute at least 3% of the funds saved through IT benefits to the education and training of future personnel. A corresponding government decree has been signed. According to it, IT companies must enter into at least one agreement with a university that trains IT specialists. The list of specializations will be approved by the Russian Ministry of Digital Development, Communications and Mass Media. This initiative aims to strengthen cooperation between educational institutions and the IT industry, which needs highly qualified personnel focused on solving real-world problems. Deputy Prime Minister and Chief of the Government Staff Dmitry Grigorenko is overseeing the development of the IT industry.

The goal of the new regulation is to improve the quality of IT education by strengthening the practical focus of training and engaging real industry partners. It is planned that businesses will not only finance the implementation of programs but also participate in their development. Specifically, IT companies will be required to send practicing employees to educational institutions as instructors, participate in the development of the curriculum and updating of work programs, and organize internships for students. This is a mandatory clause in agreements with universities.

"Today, Russians are actively pursuing digital specialties, and more and more students are enrolling in IT programs. By the end of 2024, there will already be over 1.5 million IT specialists in the country. However, it's important to align the work of educational institutions with the needs of future employers. Digital technologies are advancing faster than curricula can be updated. To bring IT education closer to the real needs of the industry, we are formalizing the link between universities and IT companies," emphasized Dmitry Grigorenko.

The new mechanism will make training more modern and accelerate the adaptation of educational programs to business needs by incorporating relevant tasks into the programs and direct interaction between students and practicing specialists.

The new regulation applies to accredited IT companies with at least 100 employees and annual revenues of at least 1 billion rubles that benefited from government support measures in the previous year (for example, reduced insurance premiums and a reduced corporate income tax rate). Having a support agreement with at least one educational institution will be a mandatory requirement for renewing accreditation in the IT company registry, as well as for future benefits.

IT companies that meet the project's criteria are encouraged to determine the format of their collaboration with universities by the end of the year. Companies must sign an agreement with at least one university by June 1, 2026, before submitting their accreditation application.

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.

Vitaly Savelyev announced the dates for the first International Transport and Logistics Forum in St. Petersburg.

Translation. Region: Russian Federation –

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

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Deputy Prime Minister Vitaly Savelyev.

The First International Transport and Logistics Forum (ITLF) will be held April 1–3, 2026, in St. Petersburg. The forum will be the largest international industry event in Russia. It will bring together representatives of government, business, and international partners for an open, constructive dialogue and the development of practical solutions for the development of the transport industry in Russia and Eurasia.

"Developing relations with international partners is particularly important in the current geopolitical climate. Building transport corridors that ensure the sustainability and reliability of supply chains remains a priority for Russia. The International Transport and Logistics Forum in St. Petersburg is an opportunity to bring together for the first time those who shape the future of the global transport industry—government, business, and international partners—and develop practical mechanisms for cooperation," emphasized Vitaly Savelyev, Chairman of the MTLF Organizing Committee, Deputy Prime Minister, and Special Presidential Representative for the Development of the North-South International Transport Corridor.

The forum is organized by the Ministry of Transport with the support of the Government, and the event operator is the Roscongress Foundation.

"The International Transport and Logistics Forum in St. Petersburg will serve as a global platform for open dialogue on the future of the industry. Representatives of international organizations, deputy prime ministers, ministers, and deputy transport ministers from friendly countries have been invited to the forum. We will discuss the development of mutually beneficial transport corridors and the synchronization of industry legislation. In particular, we will discuss the creation of a unified international digital transport code. All of this is essential for the sustainable development of the sector in the context of rapid digitalization and the emergence of new technologies," noted Transport Minister Andrey Nikitin.

The event will be attended by Russian and international delegates, including heads of relevant ministries and agencies, heads of transport, industrial, and construction companies, experts, and scientists. Bilateral meetings and intercountry dialogues are planned.

"The First International Transport and Logistics Forum will become a new strategic platform for implementing Russian President Vladimir Putin's instructions to ensure the competitiveness of our transport corridors and promote the industry's achievements internationally. This will be more than just an event—it will create a new focal point for showcasing cutting-edge solutions and fostering international dialogue on logistics and infrastructure amid a changing geopolitical landscape and sanctions. I am confident the forum will provide a powerful impetus to the development of multilateral cooperation and open up new opportunities for building mutually beneficial partnerships with key international players," said Anton Kobyakov, Advisor to the President of Russia and Executive Secretary of the Organizing Committee for the MTLF.

The forum's main content includes discussions on the development of international transport corridors, such as the North-South International Transport Corridor, as well as strengthening integration ties within the EAEU, CIS, SCO, and BRICS. Forum topics will cover digitalization and innovative technologies in logistics, improving transportation safety, improving regulatory frameworks in the international transport sector, and developing transport education and training.

The forum will promote Russia's transport and logistics potential in Greater Eurasia and showcase cutting-edge industry achievements. An important objective is to develop a new logic for international cooperation and sustainable development of the transport system.

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.

Dmitry Chernyshenko: Over the past 10 months, tourist flow across the country reached 76.2 million – 4.8% more than in the same period last year.

Translation. Region: Russian Federation –

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

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Deputy Prime Minister Dmitry Chernyshenko and Minister of Economic Development Maxim Reshetnikov presented domestic tourism figures for the first 10 months of this year, based on Rosstat data.

"Domestic tourism is showing steady growth. Importantly, this positive trend is also observed during the off-season. Over the 10 months from January to October of this year, the number of tourist trips within the country reached 76.2 million. This is 4.8% more than during the same period last year. The most popular destinations during this period were Siberia, the south, and the northwest of our country. The measures of the national project 'Tourism and Hospitality' have contributed significantly to the growth of tourist flow and the development of regional infrastructure. These results contribute to the achievement of the goal set by President Vladimir Putin: to increase the share of tourism in the country's GDP to 5% and the number of tourist trips to 140 million by 2030," said Dmitry Chernyshenko.

The Deputy Prime Minister added that, thanks to support measures from the federal government, positive trends have been maintained for the fifth year: 66.5 million trips in 2021 (40% more than in 2020); 73.1 million in 2022 (almost 10% more than in 2021); 83.6 million in 2023 (14% more than in 2022); and 90 million in 2024 (almost 8% more than in 2023). Last year, 2024, was a record year for tourist trips within Russia, with a 37% increase compared to 2021.

Over the first 10 months of 2025, Moscow (10.3 million), Krasnodar Krai (8.3 million), and St. Petersburg (6 million) traditionally received the largest number of tourist trips. The top ten also included the Moscow Region (4.7 million), the Republic of Tatarstan (2.4 million), the Republic of Crimea (2.2 million), Sverdlovsk Region (1.7 million), Stavropol Krai (1.5 million), Tyumen Region (1.5 million), and Rostov Region (1.5 million).

Particularly impressive growth rates were demonstrated by regions actively developing tourism infrastructure: the Karachay-Cherkess Republic (128%), the Republic of Adygea (65%), Tver Oblast (49%), the Republic of Kalmykia (47%) and the Chukotka Autonomous Okrug (46%).

"We see a steady trend toward expanding travel geography across Russia. This is driven by the comprehensive development of tourism infrastructure, an increase in hotel accommodations, and the creation of new tourist attractions, which is overall improving the quality and diversity of tourism products. The most impressive growth rates are being demonstrated by regions that have focused on developing this industry: the Karachay-Cherkess Republic, where demand has more than doubled, the Republic of Adygea, Tver Oblast, the Republic of Kalmykia, and the Chukotka Autonomous Okrug. Major resorts are actively working to transition to a year-round format, filling the off-season with events. Interest in Russia among foreign tourists is also growing. In addition to traditional routes around Moscow and St. Petersburg, the Krasnodar Krai, the Republic of Tatarstan, and the Far East are becoming increasingly popular with guests," said Minister of Economic Development Maxim Reshetnikov.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On 2025-12-02, the Federal Treasury will hold deposit auction 22,025,401.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Application selection parameters;

Application selection date 02.12.2025. Unique application selection identifier 22 025 401. Deposit currency rubles. Type of funds single treasury account. Maximum amount of funds placed on bank deposits, monetary units 678,000,000,000. Placement period, in days 2. Date of depositing funds 02.12.2025. Date of return of funds 04.12.2025. Interest rate for placing funds (fixed or floating) FIXED. Minimum fixed interest rate for placing funds, % per annum 15.76. Base floating interest rate for placing funds – Minimum spread, % per annum – Terms of concluding a bank deposit agreement (term, replenishable or special) 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 10:50 to 11:20. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:50 to 11:30. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:30 to 11:50. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:30 to 11:50. 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.

Credit risk is growing – the Central Bank of Russia identified the main problem of the economic slowdown.

Translation. Region: Russian Federation –

Source: Mainfin Bank –

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What risks of economic slowdown has the Bank of Russia identified?

The Central Bank of the Russian Federation published a financial stability review for the period from April to September of this year. The Russian economy is slowing under the influence of monetary easing. Several financial sector issues remain pressing:

The imbalance in the Russian currency market has stabilized, with the dollar-to-ruble exchange rate volatility not exceeding 4.4% over the past month, compared to 9.7% just six months ago. Commercial banks' interest rate risks are also declining, as financial institutions have increasingly begun offering depositors products with floating rates tied to the key rate. Credit risk is the most influential factor, with the regulator seeing potential for an increase in problem debt.

The Bank of Russia has noted an economic slowdown; by September, GDP growth had fallen to 0.6% year-on-year, compared to over 1.1% mid-year. Experts are calling the current economic stage "technical stagnation."

How will credit risks for businesses and individuals change in 2025?

The easing of monetary policy has led to improved terms for credit products, and borrowers' demand for funds has begun to recover. However, the increase in debt is associated with credit risks:

The share of corporate borrowers with problematic obligations in October amounted to 8%, which is slightly less than the level of April; the share of corporate borrowers that are in the yellow zone, i.e. have a high level of risk, increased by 4% (among large companies – 18%, medium – 28%); the share of overdue loans of large companies increased by 0.2% (to 4%) – this mainly affected the portfolio of the construction and oil and gas industries; in the portfolio of loans to private clients, the share of problematic agreements amounted to almost 13%, an increase of 2.1 percentage points over the six months; the highest level of delinquency is among clients with a debt burden above 50%, such borrowers account for 19% of issued loans.

"In the fall, Russians began to more actively seek loan restructuring—the share of applications increased by 79%, which may indicate difficulties with servicing contracts," the Bank of Russia noted.

At the same time, experts don't expect a boom in the credit sector – companies maintain sufficient financial strength, and their debt burdens will continue to decline. It's possible that the regulator will have to further tighten lending requirements for clients with high DTIs. In retail, the share of non-performing loans is expected to increase in 2026, but a surge in defaults is not expected amid low unemployment.

16:32 02.12.2025

Source:

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Alexey Overchuk held a meeting with First Deputy Prime Minister and Minister of Economy and Development of Mongolia Jadambyn Enkhbayar.

Translation. Region: Russian Federation –

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

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In Irkutsk, on the sidelines of the first Forum of Russian and Mongolian Regions, Deputy Prime Minister Alexey Overchuk met with First Deputy Prime Minister and Minister of Economy and Development of Mongolia Jadambyn Enkhbayar to discuss the development of Russian-Mongolia trade and economic cooperation. Representatives of relevant agencies, regional leaders from both countries, and Andrey Slepnev, member of the Board (Minister) in charge of Trade of the Eurasian Economic Commission, participated in the talks.

Alexey Overchuk congratulated Zhadambyn Enkhbayar on his recent assumption of office and expressed hope for further joint work between the governments of Russia and Mongolia to strengthen trade, economic, and humanitarian ties in the spirit of strategic partnership, in accordance with the existing instructions of the heads of state and government of the two countries.

Particular attention was paid to the implementation of the Interim Trade Agreement between the Eurasian Economic Union and Mongolia, signed in June 2025, including enhanced cooperation in the areas of customs administration, sanitary, veterinary and phytosanitary control, technical regulation and standardization.

Alexey Overchuk and Zhadambyn Enkhbayar agreed to initiate joint work between the governments of Russia and Mongolia on all issues related to non-tariff regulation, with the goal of creating better conditions for mutual access for producers to the markets of the EAEU member states and Mongolia, unlocking the full potential of free trade, and improving the trade balance between the two countries.

During the meeting, the positive role of the Russian Federation as a guarantor of Mongolia's energy security, ensuring uninterrupted supplies of petroleum products to Mongolia, was noted.

Prospects for implementing joint projects in energy and transport infrastructure were discussed. In this context, the parties exchanged views on the possibilities of engaging Eurasian development institutions in this work.

Alexey Overchuk and Zhadambyn Enkhbayar focused on strengthening regional connectivity, primarily within the Russia-Mongolia-China Economic Corridor and improving the infrastructure of border crossings on the Russian-Mongolia border. Reports were presented by the heads of Russian regions and Mongolian aimags. Following the exchange of views, the parties agreed to further coordinated work in this area.

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.

Alexey Overchuk took part in the first Forum of Regions of Russia and Mongolia.

Translation. Region: Russian Federation –

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

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The first-ever Russian-Mongolia Regions Forum is taking place in Irkutsk on December 1–2, 2025, bringing together over 300 participants from 14 regions of the two countries. In addition to a series of panel discussions, the forum will feature a networking event for business representatives, a joint extended meeting of the Russian-Mongolia business councils for cooperation, an exhibition of enterprises from border regions, and other events.

The official delegations of the states were led by Deputy Prime Minister of the Russian Federation Alexey Overchuk and First Deputy Prime Minister and Minister of Economy and Development of Mongolia Jadambyn Enkhbayar, who opened the plenary session of the forum.

In his speech, Alexey Overchuk noted the growing momentum of Russian-Mongolian cooperation in bilateral and multilateral formats, which is fueled by regular meetings between the heads of state – Russian President Vladimir Putin and Mongolian President Ukhnaagiin Khurelsukh.

According to Alexey Overchuk, Mongolia is an important trading partner for Russia. Bilateral trade turnover grew by 17.8% in 2024, and by a further 5% in the first nine months of 2025, reaching $2 billion. To further increase trade volumes and create better conditions for producers, a Temporary Trade Agreement was signed between the Eurasian Economic Union and Mongolia, covering key areas of mutual trade. The agreement is expected to create additional competitive advantages for Russian and Mongolian goods in the two countries' markets, provide new opportunities for revenue growth for Russian and Mongolian companies, and improve product offerings for the benefit of consumers. Furthermore, the agreement will contribute to balancing the trade balance between Russia and Mongolia.

"Mongolian companies will have the opportunity to trade duty-free in the EAEU market, which has nearly 200 million consumers. This is also important for us – the agreement will facilitate the growth of goods on our market," noted Alexey Overchuk.

The Deputy Prime Minister noted that in addition to addressing the tariff issues covered by the agreement, it is also necessary to address non-tariff measures, the lack of awareness of which hinders the development of cross-border trade. "This concerns customs clearance, sanitary, veterinary, and phytosanitary control measures, standards, and technical regulations. These are areas in which we strive to strengthen cooperation with the Government of Mongolia," the Deputy Prime Minister noted.

In addition to the noticeable momentum in dialogue within the EAEU, Alexey Overchuk noted the development of Russian-Mongolian bilateral ties. Russia's role in ensuring Mongolia's energy security by ensuring uninterrupted supplies of fuel, lubricants, and fuels was noted. Forum participants focused on the two countries' joint efforts to strengthen transport connectivity in Northern Eurasia. "The Ulaanbaatar Railway Joint Stock Company can be considered a symbol of the long-standing friendship between our countries. The company ensures growth in freight traffic both bilaterally and along the Russia-Mongolia-China economic corridor," said the Deputy Prime Minister.

During the forum, the Russian Ministry of Economic Development and the Mongolian Ministry of Economy and Development signed a Medium-Term Action Program for the Development of Interregional Cooperation between Russia and Mongolia for the period 2026–2030. This program includes over 120 activities in various areas of cooperation between the constituent entities of the Russian Federation and Mongolian aimags. A number of interregional cooperation agreements were also signed between the Irkutsk Region, the Republic of Buryatia, and the Republic of Tuva with the Mongolian side.

In addition to the business program, the first Forum of Russia and Mongolian Regions is hosting a series of events to strengthen the cultural, humanitarian, and civilizational ties between the peoples of the two countries. Following the forum's plenary session, the heads of the government delegations, Alexey Overchuk and Zhadambyn Enkhbayar, jointly laid flowers at the Eternal Flame of Glory memorial complex in Irkutsk, demonstrating the Russian and Mongolian sides' commitment to preserving the memory of the harsh military trials and shared victories.

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Marat Khusnullin: A busy section of the M-4 "Don" highway in the Moscow region has been repaired.

Translation. Region: Russian Federation –

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

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A busy section of the M-4 "Don" highway in the Moscow region has been repaired.

The government continues to implement projects to strengthen the country's road infrastructure. Road upgrades are underway in many regions. For example, in the Moscow Region, major repairs have been completed on 12.5 km of the M-4 "Don" highway, as announced by Deputy Prime Minister Marat Khusnullin.

"The quality of life for people, as well as the performance of key economic and social sectors, depends on the quality and safety of the road network. Therefore, we are implementing projects to build both new roads and upgrade existing ones. Specifically, on the M-4 "Don" highway, we completed major repairs from the 103rd to the 117th kilometer, which is one of the most heavily traveled sections of the road. Construction and installation work was carried out in the Stupino and Kashira urban districts without traffic restrictions. As a result, specialists replaced the road surface and widened the roadway to three lanes in each direction. In addition, significant work was carried out on seven structures – one bridge, four overpasses, and two pedestrian overpasses were brought up to standard," said Marat Khusnullin.

The Deputy Prime Minister noted that the M-4 Don Highway is a strategic route. It delivers humanitarian aid to border and reunified regions. It is one of the country's key highways, connecting Russia's central regions with the Black Sea coast.

According to Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor, this section of the M-4 "Don" is used daily not only by freight carriers, but also by residents of nearby settlements in the Moscow region, and in the warmer months, by summer residents and road travelers heading south.

"The M-4 Don Highway is traditionally considered the main artery for access to our country's resort areas. Furthermore, this road is part of the North-South transport corridor. Due to the highway's significant importance, we are paying special attention to creating comfortable travel conditions. To ensure traffic safety, we replaced the barrier fence and signs, applied horizontal markings made of wear-resistant thermoplastic, installed mesh fencing, and installed outdoor lighting along the entire length of the section," explained Vyacheslav Petushenko.

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: Testing the Linux version of the MOEX Trade SE terminal.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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We invite you to participate in the open testing of the Linux version of the MOEX Trade SE terminal. The installation package is available on the Exchange's FTP server: http://ftp.moex.com/pub/Terminal/ASC/Ecoite/TestInstructions for installing the Linux version of the terminal are available on the Exchange's FTP server: Linux terminal installation guide (beta).

Compatibility:

Astra Linux Special Edition (versions 1.8 and higher); RED OS (versions 8.0 and higher); Alt Linux (Simply versions).

The Linux version has limited functionality of some terminal features, such as the NSD and NCC integration modules, the Interfax news window, and the Moscow Exchange Chat. The terminal supports connection to the stock market system, scheduled for release on December 8, 2025. A list of available and disabled features is provided below.

Available functionality:

Installation and distribution using an archive. Connecting to the trading and clearing systems. Setting up and saving a user connection profile. Terminating the connection. Connection information. Setting up and saving table views. Filtering and sorting. Setting up and saving the desktop. Bookmarks and window management. Displaying tabular data from the trading and clearing systems: transaction log, financial instruments, orders, order control parameters. Quotes. Order entry. Batch entry. Administration tools: changing external limits. Sending and viewing messages.

Disabled functionality:

Interaction with NSD. Interaction with NCC. Interaction with ISS. Chart display. Automatic update. Terminal installer. RTDE export. Printing. Visual effects, such as the terminal logo upon startup, the logo in the "About" window. Terminal help: contents, context help, technical support. Administration tools. Toolbar customization. Terminal main menu customization. Setting order control parameters. Data sets. Some actions (displayed in the "Action" item of the main menu, but not called). Some queries (displayed in the "Query" item of the main menu, but not called).

Important! This version is for testing purposes only. The production release date will be announced based on testing results.

Please send feedback on the testing results to: help@moex.com.

Contact information for media: 7 (495) 363-3232PR@moex.com

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Alexander Novak chaired the plenary session of the ninth Joint Russian-Saudi Intergovernmental Commission.

Translation. Region: Russian Federation –

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

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Deputy Prime Minister of Russia Alexander Novak and Saudi Arabian Energy Minister Prince Abdulaziz bin Salman Al Saud co-chaired the plenary session of the ninth Joint Russian-Saudi Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation.

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