Financial news: Metals in RFS.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

On December 22, new instruments will be added to the RFS service (RFS Auction mode) in a technically ready state on the foreign exchange market: GLDRUB_TOM, SLVRUB_TOM, PLTRUB_TOM, and PLDRUB_TOM. The trading start date will be announced later.

The parameters of the new tools are presented in the table below.

Spot deal code Val. lot code Name shaft. lot Name of resist. shaft Spot deal lot Price step Accuracy of course determination Date of settlement of the obligation under the spot transaction (T n) Min. order size Max. order size
GLDRUB_TOM GLD Gold RUB 1,000.0 grams of gold 0.01 rub. 0.01 rub. T 1 10,000.0 grams 3,000,000.0 grams
SLVRUB_TOM SLV Silver RUB 1,000.0 grams of silver 0.001 rub. 0.001 rub. T 1 10,000.0 grams 50,000,000.0 grams
PLTRUB_TOM PLT Platinum RUB 1,000.0 grams of platinum 0.001 rub. 0.001 rub. T 1 1,000.0 grams 3,000,000.0 grams
PLDRUB_TOM PLD Palladium RUB 1,000.0 grams of palladium 0.001 rub. 0.001 rub. T 1 1,000.0 grams 3,000,000.0 grams

The following schedule will be established for trading new instruments:

Auction initiation time 10:00 – 18:55
RFSP bid submission time 10:00 – 18:59
RFSM transaction time 10:00 – 19:00
Issuance of extracts from the register of OTC transactions (CCX123) Before 09:30 on the business day following the day of submission of proposals/conclusion of transactions
Early completion of transactions with the Clearing Center 6:00 PM
Issuance of statements upon early settlements/early completion of transactions No earlier than 15 minutes after the end of transactions. From 6:15 PM for early transactions with the Clearing Center.

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

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: Sustainable Development Finance Market Size Grew by 27% in 2025.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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The main driver of this growth was the Bank of Russia's measures. The scope of the risk-based incentive regulation program was expanded to cover the highest-priority sustainable development projects.

The incentives apply to loans and bonds. Banks can now conserve capital when financing priority sustainable development projects: depending on the project's quality, the risk weight reduction will be 10–50%.

Since the beginning of 2025, corporate bond issues totaling 119 billion rubles have been issued. The proceeds are being used for infrastructure construction and transportation development. Several more registered issues totaling up to 40 billion rubles are expected to be placed by the end of 2025. As a result, the volume of sustainable development bonds in circulation could reach 255 billion rubles by the beginning of 2026.

Preview photo: Narong Khueankaew / 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.

Financial news: On December 9, 2025, JSC “SME Corporation” 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 December 9, 2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 575,000,000. Placement period, days – 90. The date of depositing funds is December 11, 2025. The date of return of funds is March 11, 2026. The minimum placement interest rate, % per annum is 15.5. Terms of the conclusion, urgent or special (urgent). The minimum amount of funds placed for one application (in the placement currency) is 575,000,000. The 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). Preliminary bids from 10:30 to 10:40. Competitive bids from 10:40 to 10:50. The cutoff percentage may be set or the auction may be declared void by 11:30. Additional terms and conditions.

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.

The Russian Treasury: From a Prince's Coin Purse to a Digital Budget System

Translation. Region: Russian Federation –

Source: Official website of the State –

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December 8th marks Treasury Day in Russia—a professional holiday for the employees of the federal agency responsible for the safeguarding, distribution, and transparent use of funds in the country's budget system. The date was chosen for a reason: on December 8th, 1992, President Boris Yeltsin signed the decree establishing the Federal Treasury. This marked the first step toward reviving an institution whose history stretches back to ancient times.

State services: the beginning

Even in Ancient Rus', the position of treasurer existed at princely and boyar courts—the custodian of the household's wealth, responsible for preserving property and income. Under Ivan III, state-owned courts were established, and in 1710, Emperor Peter I established the Accounting (Treasury) Office, which oversaw tax collection.

In 1775, Catherine II ordered the creation of treasury chambers in each province to manage the Imperial Majesty's revenues. Under Alexander I, the 1802 manifesto established three financial departments, including the State Treasury, and in 1821, the Department of the State Treasury, the center of all treasury services in the Russian Empire, was established within the Ministry of Finance.

After the October Revolution, the State Treasury was abolished in 1918. Its functions were transferred to the People's Commissariat of Finance, and later to the Ministry of Finance of the USSR and the State Bank.

Recent history

The revival of the treasury in modern Russia began in 1992. Initially, it was part of the Ministry of Finance, but in 2005 it was transformed into a separate federal service under the Ministry of Finance. By 2002, the vertical structure was completed: 89 directorates and over 2,200 offices were established across the country. In 2000, the Budget Code of the Russian Federation enshrined treasury budget execution—the principle that underlies the modern budget system.

In 2011, the official symbols of the Treasury—a heraldic emblem, a flag, and a pennant—were approved. And in 2017, to mark its 25th anniversary, the Bank of Russia issued a commemorative silver coin, "Treasury of Russia."

Today, the Federal Treasury oversees compliance with budget legislation, distributes revenues between levels of the budget system, and provides cash services to regional and local budgets. Since 2007, the agency has been headed by Roman Artyukhin, a graduate of the State University of Management, Honored Economist of the Russian Federation, and recipient of high state awards.

"From princely wrought-iron chests to digital budget flow monitoring systems, the core mission has remained unchanged: to preserve, distribute, and prevent the waste of budget funds. One of the primary goals of our university community has always been and remains the development of specialized educational programs, the development of advanced specialized technologies, and the training of highly qualified personnel, including to strengthen financial discipline and transparency in public finances," noted Vladimir Stroyev, Rector of the State University of Management.

We sincerely congratulate everyone involved on their professional holiday—Treasury Day! We wish you health, energy, prosperity, and success in increasing the wealth of our country!

Subscribe to the "Our GUU" Telegram channel. Publication date: December 8, 2025.

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.

Junior research fellow at RUDN University, winner of the Academician A.P. Avtsyn Prize

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

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Alexandra Sentyabreva, a junior researcher at the Laboratory of Cellular Technologies and Tissue Engineering at the RUDN University Research Institute of Molecular and Cellular Medicine, won the young scientist competition at the All-Russian Scientific Conference "Current Issues of Morphogenesis in Health and Disease." She was awarded the Academician A.P. Avtsyn Prize.

The research that earned Alexandra the award is devoted to the topic "The Role of Inflammation and Microglia Activation in the Development of Neurodegenerative Processes Induced by Long-Term Exposure to Aluminum Chloride in Mature and Old Male Wistar Rats." The paper's co-authors were Andrey Gerasimov, a postgraduate student at the RUDN University Institute of Medicine (Cellular Biology), and the young scientists' supervisor, Anna Kosyreva, Doctor of Biological Sciences, Leading Researcher at the Laboratory of Cellular Biotechnology, and Professor at the Department of Histology, Cytology, and Embryology at RUDN University. We spoke with Alexandra to learn about the practical value of the research, the key discoveries made during the course of the study, and what winning this award means to her.

What is the scientific novelty and potential practical value of the research?

The practical value of this study lies in confirming the need to model age-dependent, or aging-associated, neurodegeneration specifically in older animals. Such studies are relatively rare worldwide, and they are often conducted using transgenic or knockout animals, whose pathophysiological processes and chronology of onset differ radically from those in humans. We present a simple and accessible model that reproduces the molecular and cellular hallmarks of neurodegeneration, as well as changes in the morphofunctional properties of microglia—the primary immune cells of the central nervous system. Research into the role of microglia in the development of neurodegeneration is currently a trend. Our model of oxidative stress, which affects humans, particularly the elderly, can be used for preclinical studies of approaches to the diagnosis and treatment of neurodegenerative diseases based on interventions with microglia.

What was discovered during this work? Were there any results that contradicted the initial hypotheses?

A neurodegeneration model based on exposure to aluminum ions has long been described, but it has previously only been described in young animals. Various papers have shown increased gene expression and protein synthesis in these animals, which are considered pathognomonic of Alzheimer's disease—amyloid precursor protein and amyloid deposits. We replicated these observations in our study. However, in older animals, these processes were more pronounced, as were changes in the morphological and functional properties of microglial cells, which was unexpected. In young rats, we observed adaptation to oxidative stress, while in older animals, we observed pronounced maladaptation. We expected similar results, but what we obtained exceeded our expectations.

Do you plan to use this work as a basis for your PhD dissertation or some other project?

This experiment is the topic of my PhD dissertation. The paper presented at the conference included about half of the results of this work.

Which reports or trends presented at the conference where the competition results were announced did you find most interesting?

Professor Dmitry Alekseevich Sychev, Academician of the Russian Academy of Sciences, Doctor of Medical Sciences, and Member of the Russian Academy of Sciences, presented a highly interesting report on pharmacogenetics. This is a challenging area of clinical practice, but it is highly relevant. My supervisor, Anna Mikhailovna, presented a report on the role of maternal immune activation in the development of sex-specific neurogenesis disorders in offspring. Fundamental research in this area is still limited, and understanding these processes and the risks associated with infections experienced by pregnant women is crucial for the care of these patients and for monitoring the development of neuropsychiatric disorders in children.

What does it mean to you personally to receive the Academician Avtsyn Prize?

The Academician A.P. Avtsyn Prize is recognition from colleagues, laboratory heads, and experienced faculty, which is undoubtedly very valuable. It also confirms the importance of our work and motivates us to continue developing it.

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.

Not just a university, but an ecosystem of opportunities: Open Day at the Polytechnic University

Translation. Region: Russian Federation –

Source: Peter the Great St. Petersburg Polytechnic University –

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In January, Peter the Great St. Petersburg Polytechnic University will publish updated admissions rules for the 2026/2027 academic year. These changes will be a key guideline for thousands of applicants. The Open Day, traditionally held on the first Sunday in December, was dedicated to these upcoming innovations and the overall admissions strategy. Around 5,000 guests visited the Main Academic Building in person. Over 2,000 people joined the live stream on social media.

Dmitry Tikhonov, Vice-Rector for Continuing and Pre-University Education, addressed the guests with a welcoming address, highlighting the benefits of studying at the Polytechnic University and the prospects for students. Lyudmila Pankova, Vice-Rector for Academic Affairs, presented the university's educational policy in the context of the transition to a new higher education model. The keynote address was given by Vitaly Drobchik, Secretary of the Admissions Committee, who detailed the admissions process and planned innovations for the upcoming admissions campaign.

Following the official opening, participants were able to visit the institutes' booths, meet faculty, interact with students, and learn more about the educational process, subjects, and career opportunities. Master classes, presentations, and various activities were also prepared for the university's guests. The Civil Engineering Institute presented a virtual laboratory called "Life Safety," design master classes, and the unique "Polytech MetaCampus" project. The Humanities Institute held a quiz on creative advertising, a diplomatic quest, and master classes on translation and psychology.

The Institute of Electronics and Telecommunications impressed the audience with a spectacular science show featuring liquid nitrogen, plasma, and a nanosatellite, and then introduced guests to projects from their industrial partner, the Special Technology Center. The Institute of Power Engineering and the Institute of Computer Science and Technology held presentations on their key areas of expertise. The Institute of Industrial Management, Economics, and Trade engaged prospective students in the intellectual LEGO Challenge and business games hosted by the student Business Club. The Institute of Biomedical Systems and Biotechnology offered the opportunity to participate in the MARS LAB science quest and attend the molecular gastronomy masterclass, "Watercolor of Taste."

SPbPU's Career Development Office presented employment opportunities, internships, and internships, as well as collaboration opportunities with the university's partners, in an interactive format. Participants also had the opportunity to meet with representatives of companies offering targeted training, including Obukhov Plant, Radar MMS, Special Technology Center, Krasny Oktyabr, and UEC-Klimov.

Guests also had the opportunity to visit a photo zone, take a campus tour, or receive advice at special stands. They could ask questions to Admissions staff, members of the United Student Dormitory Council, and representatives of the Black Bears-Polytech sports club. They could also choose a program for schoolchildren with specialists from the Applicant Services Center and the Informatics Academy for Schoolchildren.

A live broadcast was organized for the online audience. Its hosts—Varvara Sotova, Director of the Student Contingent Development Center, and analyst Inna Zakharova—discussed the university's capabilities, events for schoolchildren, and the admissions process. Guest expert presentations added practical value to the broadcast. Elena Mordvinova, Head of the HR Development Department at Power Machines, and Vladislav Krasnikov-Verbnikov, Leading Specialist at SKB System Engineering, spoke about career opportunities and the joint educational trajectory. Vadim Kozhevnikov, Associate Professor of the Physics Department and the Higher School of Artificial Intelligence Technologies, Dmitry Tarkhov, Professor of the Higher Mathematics Department, and Vladislav Kovalenko, Lecturer in Preparatory Courses at SPbPU, demonstrated the importance of fundamental training for future specialists. They clearly explained why a deep understanding of the exact sciences underlies any engineering innovation.

The day concluded with a spectacular physics show from the Institute of Physics and Mathematics, as well as a university-sponsored prize draw. This Open Day once again confirmed that Polytechnic University is more than just a university, but an entire ecosystem where fundamental science meets cutting-edge technology, creativity, and direct dialogue with future employers, helping every applicant take a conscious step toward a successful career.

Every year, we see an increase in the involvement of applicants and parents in career guidance events, leading to higher standards for their content. Therefore, today's Open Day is not so much a presentation of admissions rules and educational programs, but rather a showcase of the university's entire ecosystem of capabilities: research laboratories, engineering creativity, student associations, culture, and sports. The role of industrial partners is crucial here, and we are pleased that our colleagues actively participated in the event, showing the students the present and future of certain industries and professions, noted Dmitry Tikhonov.

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.

Information for passengers to/from Krasnodar.

Translation. Region: Russian Federation –

Source: Nordwind Airlines –

An important disclaimer is at the bottom of this article.

Dear passengers departing from Krasnodar Airport! From December 6, 2025, traffic on the bridge on Fadeeva Street (the main access road to Krasnodar Airport) will be completely closed due to ongoing reconstruction work.

In this regard, we ask you to allow more time for travel to/from the airport using alternative routes to avoid delays.

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

Financial news: Regarding the erroneous publication of a test news item on the Moscow Exchange website.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Please note that the publication on December 7, 2025, at 8:04 PM of the news item “regarding the temporary non-application of measures to counter price destabilization for the MGNT security on the trading day of December 9” was the result of a technical error during test trading on the Moscow Exchange.

The information has now been corrected.

We apologize for the inconvenience.

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.

December 8, 2025 "Best Rate" promotion: cruises around Russia with a 15% discount on the Volga, Don, and Kama rivers on the ships "Alexandra," "Anton Chekhov," "Volga Star," "General Lavrinenkov," "Igor Stravinsky," "Maxim Litvinov," "Sergei Diaghilev," and "Quiet Flows the Don"

Translation. Region: Russian Federation –

Source: Infoflot Cruise Center – Infoflot Cruise Center –

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Dear friends,

Your savings are just around the corner! Starting December 8, 2025, book cruises on comfortable ships—Alexandra, Anton Chekhov, Volga Star, General Lavrinenkov, Igor Stravinsky, Maxim Litvinov, Sergei Diaghilev, or Quiet Flows the Don—with a 15% discount.

15% discount on select cruises for the 2026 season. Cruise prices on our website include the promotional discount; only for new bookings made during the promotional period—from December 8, 2025. Space is limited; full payment is due within 5 business days of booking. This offer cannot be combined with other discounts listed on the voyage, with the exception of the child fare.

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

Polytechnicians have developed a concept for the reconstruction of the Milk Factory in Gatchina.

Translation. Region: Russian Federation –

Source: Peter the Great St. Petersburg Polytechnic University –

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Students from the Institute of Civil Engineering at Peter the Great St. Petersburg Polytechnic University, led by ISI Associate Professors Maria Drebezgova and Alena Sheremet, and Assistant Victoria Pedenko, participated in the architectural design session "Molzavod: Starting Point," held in Gatchina. The workshop brought together leading experts in architecture, urban planning, cultural heritage preservation, and economics, practicing architects, and faculty and students from specialized St. Petersburg universities. Over the course of one day, the participants developed conceptual proposals for transforming the site and buildings into a modern cultural and social cluster.

The architectural session was organized by the Gatchina Municipal Administration and the ARCH-EVENT Association of Architects. The event, supported by the Council for Architecture and Urban Development of the Leningrad Region, the St. Petersburg Union of Architects, ALFRESCO and BERKANO, and the Leningrad Region Committee for Urban Development Policy, brought together teams from leading architectural universities in St. Petersburg: Peter the Great St. Petersburg Polytechnic University, St. Petersburg State University of Architecture and Civil Engineering, St. Petersburg Mining University of Empress Catherine II, and the St. Petersburg State Stieglitz Academy of Art and Design.

During the workshop, participants were tasked with conducting a comprehensive analysis of the site, including its historical and cultural context and current conservation regulations, and developing conceptual proposals for the functional content and architectural and spatial transformation of the site. Particular attention was paid to the methodology for working with industrial heritage, developing principles for careful reconstruction, and shaping a sustainable architectural vision.

The team leaders were Irina Barto, head of the Umbra architectural bureau; Tatyana Dmitrieva, head of the Formanorma architectural studio; Arseniy Mamoshin, chief architect of the Mamoshin architectural studio; and Evgeny Novosadyuk, architect and partner of the Studio 44 architectural bureau.

The expert evaluation of the projects was carried out by a council including representatives of government bodies of the Leningrad Region and the Gatchina Municipal District, as well as leading practitioners in the field of urban planning and architecture—members of the urban planning councils of St. Petersburg and the Leningrad Region and heads of architectural firms.

The team from the Higher School of Design and Architecture of the St. Petersburg Polytechnic University's Civil Engineering Institute successfully presented a concept for the development of the plant's territory and received a commendation from Igor Kulakov, Chairman of the Leningrad Region Committee for Urban Development Policy.

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.