Category: Moscow

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Financial news: Microfinance organizations will be prohibited from issuing new loans to individuals until the previous one is repaid.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The restriction will apply to the most expensive consumer loans, where the total cost exceeds 100% per annum. A three-day cooling-off period will be imposed between the repayment of one expensive loan and the issuance of the next.

Such norms are prescribed in the law, adopted by the State Duma. It provides for serious restrictions on microfinance organizations (MFOs) and radical reform of the industry. These innovations will curb unscrupulous practices that literally lure people into debt bondage.

"About 70% of the most expensive microfinance institution loans are reissued as new ones, more than half with larger amounts. This indicates a serious problem for citizens. People fall into a debt spiral, their debt snowballing. The new law puts an end to such practices. It will allow citizens to pay off their microfinance institution debts, stopping them from accumulating. Importantly, the ban will not apply to loans with interest rates up to 100% per annum. This will preserve financial accessibility: people will still have the opportunity to quickly obtain a loan for urgent needs without accumulating problems," noted Ilya Kochetkov, Director of the Non-Bank Lending Department.

Furthermore, the law has reduced the loan overpayment limit from 130% to 100% of the loan amount. This means that if you receive a loan of 10,000 rubles, you will have to repay no more than 20,000 rubles, including the principal, interest, fees, and penalties.

Microfinance organizations will also be able to issue POS loans for purchases in stores and on marketplaces, with funds being directly transferred to the merchant's account. This will provide additional options for individuals when choosing a lender and support a healthy, customer-focused market.

Preview photo: Irina Mikhailichenko / Shutterstock / Fotodom

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.

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Financial news: Banks will face increased fines for violating consumer rights.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Fines can amount to up to 1% of equity and no less than 1 million rubles. This high threshold is imposed on malicious violators of consumer rights—if the credit institution fails to comply with the Bank of Russia's order to correct the violation and continues to engage in unfair practices.

Law on increasing fines The State Duma adopted legislation today against banks for violating the rights of financial services consumers.

Thus, if a bank violates the law for the first time, the regulator will issue a recommendation to rectify it. If the violation is repeated, the credit institution will receive an order and pay a fine of up to 0.1% of its equity. However, if the order is not properly responded to, the fine may be increased to 1% of its equity.

"The Bank of Russia has repeatedly identified gross and systematic violations of consumer rights by certain market participants. It was easier for them to pay fines because they gained significantly more from unfair practices—their profits amounted to hundreds of millions of rubles. Therefore, we proposed an approach that would make violations economically unprofitable. We hope that the understanding that a violation will be followed by a significant penalty, exceeding the unfair gain, will deter the use of bad practices. This is precisely what the regulator strives for: we need not punishments, but the absence of violations of citizens' rights," noted Mikhail Mamuta, Head of the Service for Consumer Protection and Financial Inclusion.

The regulator will decide on the fine amount based on the number of transactions in which consumer rights were violated, the extent of damage caused to them, and the bank's unfair profits. Increased penalties apply for the most toxic and unacceptable financial market practices, such as pushing additional services when issuing loans, unjustified denials of payment holidays, and others.

Preview photo: Toey Andante / Shutterstock / Fotodom

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.

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Financial news: 12/16/2025, 11:22 AM (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for security RU000A0JT403 (VEB.RF 18) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

December 16, 2025

11:22

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, 11:22 (Moscow time), the values of the upper limit of the price corridor (up to 110.65) and the range of market risk assessment (up to 1183.67 rubles, equivalent to a rate of 8.75%) of the security RU000A0JT403 (VEB.RF 18) 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.

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Financial news: A press conference will be held on December 19 at 5:00 PM to follow the Board of Directors' meeting on monetary policy.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The event will be attended by Bank of Russia Governor Elvira Nabiullina and Bank of Russia Deputy Governor Alexey Zabotkin.

Elvira Nabiullina will make a statement on monetary policy.

The press conference will be held at the Bank of Russia's press center. A broadcast of the speech will be available on our website and channel inTelegram, as well as on the official page inVKontakte.

Accreditation for journalists runs until 17:00 on December 17 at the following address: media@kbr.ru.

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.

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Financial news: 12/16/2025 The Investment Agency will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The deposit auction date is 16.12.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 30,000,000. Placement term, days – 112. Date of depositing funds is 16.12.2025. Date of return of funds is 07.04.2026. Minimum placement interest rate, % per annum is 15. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 30,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The Agreement is based on the General Agreement. Schedule (Moscow time). Pre-bids are accepted from 12:15 to 12:30. Competitive bids are accepted from 12:30 to 12:40. The cutoff interest rate may be set or the auction may be declared void by 1:10 PM. Additional terms include: Deposits are deposited without the option of early withdrawal, and interest is paid monthly.

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.

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Sergei Sobyanin: The "Moscow-2026" series train has arrived on the Zamoskvoretskaya metro line.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

An important disclaimer is at the bottom of this article.

On Zamoskvoretskaya metro line The most modern Russian train of the "Moscow-2026" series has been launched. Sergei Sobyanin announced this on his channel in MAX messenger.

The train was assembled at Metrovagonmash. Before its deployment, it underwent a test run without passengers, and specialists analyzed every detail.

“Moscow-2026” retained all its main advantages

previous series"The trains are equipped with powerful air conditioning systems, wide doors, convenient walkways between cars, and adaptive lighting. Compared to the "Numbered" trains, the maximum capacity has increased by 10 percent, and the doors are 32 percent wider," the Moscow Mayor wrote.

Source: Sergei Sobyanin's channel inMAX messenger

The new train features increased glazing on the entrance handrails, updated rearview camera housings, and a new passenger-driver communication unit. The cars now feature seats without metal joints, and the number of air conditioning ducts in the ceiling has been increased. The headlights have also been updated.

The train is made from domestically produced components. Today, the "Moscow-2026" trains are among the most technologically advanced metro cars in the world.

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

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.

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A pilot residential development project in Cheryomushki will be implemented on Garibaldi Street.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

An important disclaimer is at the bottom of this article.

The city has approved a pilot project for integrated territorial development (ITD) for residential development in the southwest of the capital, Cheryomushki. The corresponding resolution was adopted by the Moscow Government, announced the Deputy Mayor of Moscow for Urban Development Policy and Construction. Vladimir Efimov.

"The city has approved a pilot residential development project on Garibaldi Street in Cheryomushki, which begins the process of further renewing the capital's residential real estate stock. The majority of residents of two five-story buildings located on a 1.09-hectare site voted to include their homes in the project. They will move into comfortable apartments in a modern new building in the same area. The old buildings will be demolished, and in their place will be built a residential complex with a landscaped courtyard, totaling approximately 47,000 square meters, to implement the renovation program. The apartment space will be approximately 28,700 square meters," said Vladimir Efimov.

The project is planned for completion within five years. The Moscow Renovation Fund will act as the operator of the residential development. The site is located at 17 Garibaldi Street, Buildings 3 and 4, near the Novye Cheryomushki station on the Kaluzhsko-Rizhskaya metro line.

"The new building will be erected on the site of two five-story buildings built in 1960, each with 80 apartments. Now, residents of these buildings, as well as those participating in the renovation program, will have a real opportunity to improve their living conditions. The city will offer them the opportunity to move to equivalent apartments in the new complex, which is scheduled for completion in 2026. It will be located within walking distance of their old buildings, next to the same Novye Cheryomushki metro station. This means residents won't have to change their lifestyle; they will continue to enjoy the same infrastructure within walking distance," said the Moscow Government Minister and Head of the Department of Urban Development Policy.

Vladislav Ovchinsky.

On behalf of Sergei Sobyanin's program for resettling residents from dilapidated housing is being scaled up and accelerated. It currently affects over 5,000 old buildings. Residential buildings that were not included in the 2017 renovation program can be resettled through the Housing Development Committee (HDC). The pilot projects are primarily being conducted on buildings whose residents have applied to the city to participate in the renovation program, as well as on buildings that are likely to soon become uninhabitable.

Earlier, Sergei Sobyanin stated that the renewal process housing stock In Moscow, the housing market will become permanent, rather than being limited solely to the renovation program. This is intended to enable as many residents as possible to move from outdated buildings to new, comfortable housing with high-quality infrastructure within walking distance. This will create a modern urban environment in the capital that meets the needs of Muscovites.

As part of the integrated development program for former industrial zones, attractive spaces are being created on inefficiently used and undeveloped sites, seamlessly integrating them into the city's overall environment. Currently, 336 integrated development projects, covering a total area of over 4,200 hectares, are at various stages of development and implementation in the capital. The program is being implemented. on behalf of Sergei Sobyanin.

Get the latest news quickly on official Moscow messaging channels. MAX And Telegram.

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

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Sobyanin: Another drone attack on Moscow has been repelled.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

An important disclaimer is at the bottom of this article.

Another drone flying toward Moscow has been destroyed. This was reported on its channel inMAX messenger Sergei Sobyanin reported.

"Emergency services are working at the site of the fallen debris," the Moscow Mayor wrote.

Source: Sergei Sobyanin's channel inMAX messenger

Earlier, the Mayor of Moscow reported that the attack had been repelled. three enemy drones approaching the capital.

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

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.

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Polytechnic University and Arman Holding opened a laboratory for "Low-power energy machines in power engineering."

Translation. Region: Russian Federation –

Source: Peter the Great St. Petersburg Polytechnic University –

An important disclaimer is at the bottom of this article.

Arman Holding, in collaboration with the Institute of Power Engineering at SPbPU, has created an innovative laboratory for low-power power machines in power engineering, aimed at addressing national human resources and technological challenges. It will host undergraduate and graduate classes in Power Engineering, focusing on "Turbines and Aircraft Engines," "Gas Turbine Units for Gas Pumping Stations," and "Steam and Gas Turbines." The laboratory is also designed to implement continuing education programs and train postgraduate students.

The opening of the laboratory is part of a long-term collaboration between SPbPU and Arman Energo.

Cooperation with Arman Holding is a shining example of the continuity of the polytechnic community: the company’s founder and president, Serikbay Bisekeyev, is our graduate, and nowHonorary Professor of the Polytechnic University"I would like to note that Arman Holding has awarded scholarships for the current academic year to five talented students and five faculty members who are particularly involved in working with them," emphasized SPbPU Rector Andrey Rudskoy.

"Let the best turbines in the world be created here, and you will take part in this," Serikbay Bisekeyev, president of Arman Holding, addressed the laboratory staff.

Arman Holding also awarded scholarships to five full-time students who demonstrated outstanding academic and research abilities.

Amount: 15,000 rubles per month for each student.

Payment period: academic year 2025/2026.

In addition, additional payments were awarded to five SPbPU teachers who creatively participate in the training of specialists in specialized disciplines (electronics, computer science, energy).

Amount and term: 15,000 rubles for each teacher (one-time payment amount for the academic year, taking into account insurance premiums and personal income tax).

Payment period: academic year 2025/2026.

The "Low-Power Machines in Power Engineering" laboratory is located in the Mechanical Engineering Building and its courtyard. It is divided into six functional zones (stands), each equipped with various equipment.

Rotor balancing stand:

balancing stand BS-34-200S(H) with a brake module and a full set of equipment (control rotors, workbenches, tools, carts). For high-precision dynamic balancing of turbine and engine parts.

Rotor assembly/disassembly stand for preparation for testing:

precision bench center (beat gauge) PB-1000 with extractor and tools;
hydraulic press (50 tons);
HDTV inductor (heat treatment for assembly/disassembly);
cryogenic equipment (Dewar vessel for cold pressing);
ultrasonic bath for cleaning parts;
drilling and grinding machines.

Mechanical measurement stand:

measuring plate (1000×2000 mm);
a complete set of precision measuring instruments: micrometers, bore gauges, indicators, calipers, devices for measuring roughness and hardness, scales;
work furniture and computer equipment for data processing.

Stand for electrical and digital measurements:

control and measuring equipment: digital oscilloscopes, multimeters, current clamps, thermal imager, pyrometer, vibrometers, metal analyzer, video endoscope;
auxiliary equipment: laboratory power supply, soldering station, LATR;
a complete set of electrical safety equipment (dielectric tools, mats, gloves, boots, posters);
communications and surveillance: portable radios, video recorders.

Hot test bench (supplied by Arman Energy):

200 kW gas turbine electric motor with a fuel supply system, located in a container on an external site.

GTEA control system stand (supplied by Arman Energy):

power inverter cabinets and gas turbine electric motor control cabinet.

Additional general laboratory equipment:

load device (500 kW) to create a controlled electrical load during testing;
lifting and transportation equipment: mobile crane (3 tons), hydraulic trolley, manual hydraulic stacker;
compressor and coating kit (compressed air system).

Block container of the test bench Arman-GT200-0, 4-KN0
Inverter cabinet “Orbita” RVMG 435431.004
IF rectifier cabinet “Orbita” RVMG 435411.002
Frequency converter cabinet “Orbit” RVMG 435424.001
Microturbine control cabinet SHU-MK P15.2022.01.001
Methane discharge ramp RRM-1khb-200-100SHU TU 28.14.13-001-53619129-2022
Gas turbogenerator (Microturbine Engine Module) CAPSTONTE Turbine C200, SD, serial number 107807

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.

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An autoclaved aerated concrete plant was built in Savelki.

Translation. Region: Russian Federation –

Source: Moscow Government – Moscow Government –

An important disclaimer is at the bottom of this article.

In the Savelki district of Moscow's Zelenograd Administrative District, an autoclaved aerated concrete plant has been built as part of a large-scale investment project. This plant will become a key element in the development of the capital's construction industry.

It became the first facility commissioned as part of a large-scale industrial and construction complex in Zelenograd. The company specializes in the production of aerated concrete blocks and reinforced panels.

"In 2022, the city allocated approximately 4.5 hectares of land for the implementation of a large-scale investment project to build an autoclaved aerated concrete plant in the Savelki district. The investor built production facilities, an in-house laboratory, administrative and utility spaces for employees, a medical center, and established storage areas for raw materials and finished products. The plant will employ over 100 people. The total area of the land allocated to the investor for the industrial and construction complex being created in Zelenograd is 17 hectares. All land plots are leased at a preferential rate of one ruble per year," noted the Deputy Mayor of Moscow for Urban Development Policy and Construction.

Vladimir Efimov.

The construction of the new industrial facility was made possible by the implementation of a large-scale investment project and a program to stimulate the creation of employment opportunities, which has been in effect in the capital since 2020.

"Following Sergei Sobyanin's instructions, the city is consistently developing its industrial infrastructure and creating favorable conditions for the deployment of high-tech manufacturing. An autoclaved aerated concrete plant with a design capacity of up to 450,000 cubic meters of the in-demand product per year has been commissioned in Zelenograd. The plant is the first facility in a construction materials industrial complex that will unite four plants with a total floor area of over 80,000 square meters. It will create over 800 jobs," added the Deputy Mayor of Moscow for Transport and Industry.

Maxim Liksutov.

The building's facades are made of sandwich panels in various shades of gray with backlighting, making the production site modern and aesthetically pleasing.

According to Maxim Rybakov, FSK Group Project Director, the plant is a modern production complex with engineering infrastructure and a landscaped grounds. A key stage of construction involved assembling the building over the 42-meter-long autoclaves and other process equipment. The next stage is the start of production, which will contribute to the development of the urban district.

All necessary utilities have been connected, and the plant is fully operational. Equipment commissioning is nearing completion. The 29,100-square-meter area surrounding the plant has been landscaped and pavement has been installed, including asphalt, parking spaces, a lawn, and benches.

All stages of construction of the production facility were supervised MosgosstroynadzorDuring this time, committee inspectors conducted 14 on-site inspections. The final inspection resulted in a conclusion confirming the complex's compliance with the design documentation.

Large-scale investment projects have been implemented in the capital since 2016 and are a key tool for developing the city's economy. They provide investors with the opportunity to develop industrial, social, and commercial facilities on preferential terms, with the obligation to create new jobs.

The program to stimulate the creation of employment opportunities has been implemented since 2020 and covers virtually all districts of the capital. Investors will construct over 250 facilities with a total area of 7.8 million square meters. These include new industrial facilities, office and shopping centers, educational, cultural, and sports institutions. Overall, over 2.7 trillion rubles will be invested in Moscow's development, creating approximately 340,000 new jobs in virtually all sectors of the city's economy.

Get the latest news quickly on official Moscow messaging channels. MAXAnd Telegram.

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