Category: Russian Language

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Financial news: What investors know about mutual funds: Bank of Russia survey

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Bank of Russia will appreciate, how popular are mutual investment funds (MIF) among investors, from what sources do they get information about funds, and whether they are satisfied with the amount of information disclosed.

The collective investment sector is one of the most dynamically developing in Russia. A mutual fund is the most convenient financial instrument for an investor, including a beginner. The investment process is simple: a future shareholder transfers his funds to a fund managed by a management company. A professional manager invests the received resources in various assets: securities, real estate, infrastructure projects and other instruments. The entry ticket to a mutual fund is small – you can start investing with just 5 rubles on hand.

In order to increase interest in such an instrument, the Bank of Russia intends to analyze what sources an investor uses to obtain information about a mutual fund, how convenient and understandable such a financial instrument is. This will allow the regulator to further create conditions for increasing the availability of information for a wide range of investors and increase the attractiveness of investments in mutual funds.

The Bank of Russia published report, where he identified possible scenarios for the development of the retail mutual fund market.

Preview photo: Pixels Hunter / Shutterstock / Fotodom

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The government will support investors planning to implement projects in certain areas of the Bryansk, Belgorod and Kursk regions

Translation. Region: Russian Federal

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

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Resolution of July 5, 2025 No. 1023

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Resolution of July 5, 2025 No. 1023

Entrepreneurs planning to implement investment projects in the border areas of the Bryansk, Belgorod and Kursk regions will be able to use the preferential regime of the free economic zone (FEZ). The resolution on the conditions and features of the application of the preferential regime in relation to new projects in these territories was signed by Prime Minister Mikhail Mishustin.

Until now, this free economic zone regime applied to actually operating and damaged enterprises in the border areas of the three regions. This allowed entrepreneurs to partially compensate for the damage sustained during military operations.

Now investors implementing new projects in the manufacturing industry, agriculture, logistics, and the development of computer technologies and software will be able to take advantage of the preferential regime.

The investment volume, which is the entry threshold for receiving preferences, will be 30 million rubles. At the same time, for small and medium-sized enterprises, this volume is set at 3 million rubles, and for projects in the field of information technology, regardless of the size of the enterprise, at 1 million rubles.

In June 2024, the President signed a law allowing the preferential regime of the free economic zone to be extended to certain territories of the Belgorod, Bryansk and Kursk regions.

Residents of the SEZ enjoy reduced rates of corporate income tax, mineral extraction tax, and the right to exemption from corporate property tax and land tax. Organizations and individual entrepreneurs are also granted the right to apply reduced insurance premium rates.

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Mikhail Mishustin inspected a prototype of the modernized Il-114-300 passenger aircraft

Translation. Region: Russian Federal

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

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Mikhail Mishustin and the Presidential Plenipotentiary Representative in the Urals Federal District Artem Zhoga during a meeting at the Yekaterinburg airport

Based on the instruction of the President of the Russian Federation, a program is being implemented to modernize and resume serial production of the Il-114–300 regional passenger aircraft. The aircraft is being created specifically for local airlines, with the ability to operate in hard-to-reach regions with poor airfield infrastructure, on short and unpaved runways, in low temperature conditions, and is a modernized version of the Il-114 turboprop aircraft. It will replace the outdated An-24 on domestic airlines, as well as foreign-made aircraft of a similar class (ATR72 (France), Bombardier Dash 8 (Canada)).

The upgraded version is assembled from Russian-made components and is equipped with Russian systems and equipment. In total, more than 180 flights have been performed under the flight test program (on two prototypes).

Cruising flight speed is 450–500 km/h;

Maximum flight altitude – 7600 m;

Fuel consumption – 540 kg/h;

Runway length – 790 m;

Passenger capacity: up to 68 people.

Currently in the certification stage.

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Dmitry Chernyshenko held a meeting with the head of North Ossetia Sergei Menyailo

Translation. Region: Russian Federal

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

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Working meeting of Dmitry Chernyshenko with the head of North Ossetia Sergey Menyailo

Deputy Prime Minister Dmitry Chernyshenko held a working meeting with the head of the Republic of North Ossetia – Alania Sergey Menyailo. The parties discussed issues of developing tourism, sports, education, science, and youth policy.

Dmitry Chernyshenko emphasized that one of the Government’s priority tasks is the development of domestic tourism.

"The unique nature and culture of North Ossetia make it attractive to travelers. To develop this area, the republic actively uses state support measures of the national project "Tourism and Hospitality". Thus, within the framework of the competitive selection for 2025-2027, applications were submitted for the implementation of projects to create modular non-capital accommodation facilities. Based on the results of the competition, North Ossetia will receive about 1 billion for three years – this is the second place in terms of volume among all subjects of Russia," the Deputy Prime Minister said.

Dmitry Chernyshenko also noted the importance of each subject's contribution to achieving the common goal set by President Vladimir Putin – to involve 70% of Russian citizens in systematic physical education and sports by 2030. To achieve this, it is necessary, among other things, to work on the level of provision with sports facilities.

The Deputy Prime Minister added that the national project "Youth and Children" contributes to the development of education, science and youth policy in the Republic of North Ossetia – Alania. For example, it plans to build new buildings for general education organizations. Within the framework of the federal project "Professionalism", three clusters have been created by industry: pedagogy, law enforcement and management, tourism and services.

Thanks to the republic’s participation in the “Region for the Young” program, the first stage of the capital renovation of the Youth Palace was carried out, and a number of events in the field of youth policy were held.

"The development of the education sector is one of the main priorities of the socio-economic policy of North Ossetia, to which we pay special attention and which today accounts for more than a third of the republican budget. Following the implementation of the national project "Education", in 2024 alone, more than 4.6 billion rubles were allocated from the federal budget for the development of education in the region. I would like to express my gratitude for such support, as well as for the attention that the Russian Government is paying to the region – literally the day before, an order was signed to include new projects in the list of activities for the socio-economic development of North Ossetia, the implementation period of which has been extended until 2028. This includes the construction of a school for 500 students for residents of new microdistricts of Vladikavkaz and a school for 200 students in the village of Chermen, Prigorodny District," said Sergei Menyailo.

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Yulia Rutberg, People's Artist of Russia

Translation. Region: Russian Federal

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

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Mikhail Mishustin congratulated the theater and film actress on her anniversary.

The telegram states, in particular:

"Your dramatic talent and individuality have been embodied in vivid roles. You have created many images on famous stages and in cinema. Every time you appear on stage and in front of the camera, you delight with your genuine acting, sincerity and charm. The audience loves you very much and always looks forward to meeting you in the theater, at a concert, on television.

I wish you health, prosperity, inspiration and all the best."

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Mikhail Mishustin appointed Dmitry Volvach as head of the Federal Accreditation Service

Translation. Region: Russian Federal

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

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Order dated July 7, 2025 No. 1831-r

The Federal Accreditation Service (Rosaccreditation) is headed by Dmitry Volvach. The order on his appointment to this position was signed by Prime Minister Mikhail Mishustin.

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Order dated July 7, 2025 No. 1831-r

Dmitry Volvach was born in 1972 in Moscow.

In 1996, he graduated from the Lomonosov Moscow State University with a degree in physics, in 1998, from the Law College – Specialized Institute of Jurisprudence of the Lomonosov Moscow State University with a degree in jurisprudence, and in 2001 from the All-Russian State Tax Academy with a degree in finance and credit. Candidate of Legal Sciences.

From 1998 to 2000, he worked in the Interdistrict Inspectorate of the Ministry of the Russian Federation for Taxes and Duties No. 40 for the city of Moscow.

Since 2000, he has worked in various positions in the Ministry of Taxes and Duties of the Russian Federation, and later in the Federal Tax Service. From 2019 to 2021, he was deputy head of this department.

Since March 2021, he held the post of Deputy Minister of Economic Development of the Russian Federation.

Nazariy Skrypnik, who until now headed the Federal Accreditation Service, has been relieved of his post at his request.

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To Konstantin Raikin, People's Artist of Russia

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

Mikhail Mishustin congratulated the theater and film actor, teacher, director, and artistic director of the Satirikon Theater named after Arkady Raikin on his 75th birthday.

The telegram states, in particular:

“For many years, your bright acting and directing talent, sincerity and charm have won the hearts of viewers.

Thanks to your creative energy, the unique theatre "Satirikon" is developing. On the famous stage, you bring to life bold ideas and plans, invariably delighting fans with interesting productions and premieres.

Another facet of your talent is pedagogy. During your time at the Higher School of Performing Arts, you trained many wonderful actors and directors.

I wish you new successes, inspiration, health and prosperity."

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Innovations in Materials Science. International Conference Held at Polytechnic University

Translation. Region: Russian Federal

Source: Peter the Great St. Petersburg Polytechnic University –

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From July 4 to 6, the Polytechnic University hosted the international scientific conference "Implementation of Innovations. New Materials and Additive Technologies" (VINMiAT-25). Scientists and experts in the field of materials science discussed the latest achievements in the creation of new materials and equipment design.

The organizers were the Ministry of Science and Higher Education of the Russian Federation, the Russian Academy of Sciences, the National Academy of Sciences of Belarus, PJSC Gazprom and SPbPU.

The conference considered modern achievements of science and technology in the field of physical and chemical processes for obtaining new materials and designing technological equipment, problems of implementation and commercialization of innovative technologies of the country's fuel and energy complex, as well as new approaches to solving urgent problems in modern materials science.

The plenary session was held in the research building of Technopolis Polytech. It was opened by the rector of SPbPU, academician of the Russian Academy of Sciences Andrey Rudskoy.

I am pleased to welcome you to the international scientific conference “Implementation of Innovations. New Materials and Additive Technologies”. This significant event brought together leading representatives of the scientific community, experts in the field of materials science, as well as students and postgraduates. I am confident that the results of our joint work will find practical application in various industries, contributing to the technological development of our country,” noted Andrey Rudskoy.

The Deputy Head of Department of PJSC Gazprom, Maxim Nedzvetsky, gave a welcoming speech, expressing gratitude to the Polytechnic University for the excellent organization and emphasizing the relevance of the issues discussed.

At the plenary session, Director of the Institute of Mechanical Engineering, Materials and Transport of SPbPU Anatoly Popovich made a report on the experience and prospects for the development of additive and laser technologies. As the chief designer of the Scientific and Technical Complex "New Materials, Technologies, Production" within the framework of the project "Strategic Technological Leadership", Anatoly Popovich paid special attention to the manufacture, repair and restoration of components of power engineering in various ways. He also assessed the prospects for the development of the additive technology industry.

Head of the Department of PJSC Gazprom Viktor Seredenok spoke about the implementation of innovative projects in the company. Associate Professor of the Higher School of Physics and Technology of Materials of the Institute of Metallurgical Engineering and Technology Oleg Panchenko gave a report "New Technological Approaches in Welding". He presented a number of technologies that are being implemented at the Polytechnic University. These are electric arc welding with a consumable electrode with cold metal transfer and a non-consumable electrode with a focused arc, manual laser welding, friction stir welding of steels, as well as process automation technologies.

Head of the structural division of the Russian Quantum Center (International Center for Quantum Optics and Quantum Technologies) Anton Guglya devoted his speech to quantum and related technologies in the oil and gas sector. Deputy Chief Engineer for Additive Technologies at UEC Aviadvigatel Alexander Aksenov shared his experience of using additive technologies in the company.

Representatives from Russia, Uzbekistan, Belarus and China participated in the conference. Their work was organized into several sections:

nature-like materials and additive technologies for their production; welding and related technologies; technology for producing powder, composite materials and coatings; equipment, automation and robotics of innovative technologies; physical and chemical processes and innovative technologies in modern materials science; implementation of innovations in high-tech products at PJSC Gazprom.

Specialists from the research laboratory "LiAT" of IMMiT SPbPU presented three reports. The research group analyzed residual deformations of a welded joint using different welding methods. The report presented the results of the influence of the welding method on the level of residual deformations, energy input and the width of the heat-affected zone, as well as on technical and economic characteristics.

A separate presentation was devoted to the restoration of nozzle blades made of cobalt and nickel alloy using laser cladding. SPbPU scientists created a laser cladding technology and developed measures to prevent cracks. The cladding blades successfully passed operational tests.

Mikhail Kuznetsov, Head of the Research Laboratory "LiAT" of IMMiT, presented a series of robotic systems for the implementation of laser welding, laser cladding and direct laser deposition processes in industrial production conditions. Among the developments are the mobile laser cladding system "Nomad", direct laser deposition systems, as well as laser and hybrid laser-arc welding. Special attention was paid to the laser foil welding system and the system for applying a porous coating to hip joint cups. The participants' attention was drawn to examples of the systems' application for solving industrial partners' production problems.

Participation in VINMiAT-2025 is very important for understanding the development trend of industry and science in the field of additive technologies, as well as identifying points of contact for further interaction with industry, commented Mikhail Kuznetsov.

At the sections, experts considered various issues: research into the mechanical properties of continuously reinforced nature-like polymer composites, development of biocompatible titanium-tantalum composites using selective laser melting, 3D printing of metal products using melt extrusion technology, implementation of innovations at Gazprom Transgaz Saratov, the procedure for admitting MTRs for use at Gazprom facilities, modern solutions in instrument making using machine vision and FDM technology, and much more.

A cruise on a motor ship with an excursion program was organized for the conference participants. A meeting was held on board the motor ship, where reports were presented by representatives of PAO Gazprom and its subsidiaries, scientific and educational institutions and enterprises.

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Films from China and Russia recognized as the best at the 2025 SCO Film Festival in China

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, July 8 (Xinhua) — The Chinese film "Endless Journey" and the Russian film "Air" won the Golden Camellia award at the recently closed SCO Film Festival 2025, which was held in the Chinese city of Chongqing (southwest China), the mobile multimedia platform "Russia-China: Main Things" reported.

This year, 20 selected films from 10 countries, including China, Russia and Kazakhstan, reportedly took part in the main competition. The Chinese film “Endless Journey” and the Russian drama “Air” won the “Best Film” awards at the closing ceremony of the film festival.

The Golden Camellia Award, named after the flower that is the symbol of Chongqing, symbolizes the flower of civilization that is watered jointly by the SCO member states. Actors and singers from the SCO member states performed on the same stage at the closing ceremony, which also reflected the principles of respect for the diversity of civilizations and the desire for common development that are embedded in the “Shanghai Spirit”.

The red carpet featured special curved screens for virtual and augmented reality. This solution was in line with the main theme of the film festival, which sounds like “Technology Film”.

Let us recall that the 2025 SCO Film Festival was held in the Yongchuan district of the Chinese metropolis of Chongqing. In recent years, Yongchuan, located in the western part of Chongqing, has become a dynamically developing center of innovation in the field of film technology. Currently, more than 100 film and television enterprises operate in Yongchuan. -0-

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Japanese PM calls Trump's new tariff decision regrettable

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

TOKYO, July 8 (Xinhua) — Japanese Prime Minister Shigeru Ishiba on Tuesday called U.S. President Donald Trump's decision to impose 25 percent tariffs on Japan "truly regrettable," saying bilateral talks will continue to reach a mutually beneficial deal.

He said the government would continue to steadfastly defend national interests in future rounds of trade talks and pledged to do its utmost to soften the impact of upcoming tariff increases on Japan's export-oriented economy.

“We will continue to negotiate with the United States to explore the possibility of reaching a mutually beneficial deal while protecting our national interests,” the prime minister said. He attributed the lack of progress to “the government avoiding hasty compromises, demanding and defending what is necessary.”

D. Trump said Monday that a 25 percent tariff on imported goods from Japan would be imposed starting Aug. 1. The U.S. president also warned that any tariff increases on American goods would be met with equivalent measures from his administration. –0–

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