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.

The government approved the program "Preservation of Cultural Heritage Sites of the Peoples of the Russian Federation" for the period 2025–2045.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

Document

Order No. 3773-r of December 12, 2025

At the President's direction, the Government has developed a program for the preservation of cultural heritage sites of the peoples of Russia, covering the period 2025–2045, and an action plan for its implementation. Prime Minister Mikhail Mishustin signed the order approving this document.

The main goal of the new program is to preserve the country's cultural and historical heritage for current and future generations. Its implementation will increase the number of restored historical and cultural monuments and integrate them into economic use.

To achieve this goal, the program includes specific mechanisms. These include subsidies to regions and non-profit organizations for cultural heritage preservation activities, as well as subsidized loans to entrepreneurs for the restoration of such sites. It is expected that at least 1,000 historic buildings will be restored by 2030 using this subsidized instrument, and at least 800 more by 2045. Investors will be able to become property owners, provided they comply with cultural heritage preservation obligations.

The program also includes an inventory of cultural heritage sites included in the state register and in need of restoration. These sites will then be prioritized for economic development, allowing for a precise determination of the funding, resources, and time required to restore them to their proper condition.

Comment

From Mikhail Mishustin's opening remarks at the 2025 Government Culture Awards ceremony

Furthermore, it is planned to improve legislation in the area of preserving cultural heritage sites, specifically by eliminating excessive requirements for work, reducing the timeframe for reviewing and approving project documentation and conducting state historical and cultural assessments, creating conditions for the development of human resources, including for the preservation of the Russian school of restoration, and completing work on approving territorial boundaries, protected areas, and urban planning regulations in settlements designated as historic settlements. Furthermore, the development of historic settlements and key settlements should be synchronized with the implementation of the national project "Tourism and Hospitality."

As a result of the program's implementation, the share of restored cultural heritage sites included in the unified register of historical and cultural monuments will increase to 90% by 2045.

Mikhail Mishustin announced the approval of the program for the preservation of cultural heritage sites and its main objectives on December 16Government awards ceremony in the field of culture.

"We expect cultural figures to play an active role in fulfilling these tasks. Your dedication and professionalism are absolutely indispensable here," the Prime Minister emphasized.

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.

Vedomosti: Vinyl is making a comeback. Melodiya is reviving production in Novosibirsk.

Translation. Region: Russian Federation –

Source: Melody – An important disclaimer is at the bottom of this article.

Following its separation from the state holding company and privatization in 2020, the new private owner, Formax, invested approximately 150 million rubles in reviving the full record production cycle. A key decision was a shift in strategy: Melodiya is once again becoming not only the copyright holder of a gigantic archive but also the manufacturer. This decision was made amidst a sustained interest in vinyl among young people—in 2024, record sales on marketplaces grew by more than 88%. The founders emphasize that this is a natural continuation of musical traditions in the country and a logical step for a brand that Russians still associate with records.

This event marks the end of a long period when the brand, having lost its own production facilities after 1991, existed solely as an archival label and publisher, pressing vinyl at third-party factories in Europe. Now, the entire process—from remastering the original master tapes from which the vinyl records are copied, to pressing and packaging—is controlled by the company. The facility is designed to produce at least 100,000 records per year. Records are pressed using matrices made from the original master tapes.

The first releases are already available: the cult electronic album "Disco Alliance" by Zodiac, "Po volne moego pamiat" (On the Wave of My Memory) by David Tukhmanov, which has remained a hit for 50 years, the landmark album by VIA "Dos-Mukasan," and an updated version of a popular autogenic training song from the 1980s. Plans include more than 20 new pressings, including classical, pop, and children's fairy tales, as well as commissioned releases for third-party labels and artists. Melodiya hopes to capture up to half of the Russian vinyl market and is also considering the project with an eye toward export, reasserting itself as a major industrial player in the world of music.

Ivan Otvagin, December 12, 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.

Weekend Magazine: Melodiya has opened its own vinyl production plant!

Translation. Region: Russian Federation –

Source: Melody – An important disclaimer is at the bottom of this article.

Firma Melodiya has launched its own vinyl record production facility in Novosibirsk. The decision was made due to the high demand for analog media. The first batch of releases is already available for sale.

"The revival of production under the Melodiya brand is a natural development of musical traditions in our country, which will allow the plant to become a worthy successor to the Soviet Melodiya plants," stated the company's CEO, Andrey Krichevsky. The first record released at the new facility was a Soviet autogenic training track from the 1980s, a recording developed by doctors at the Energetik sanatorium in Yalta as part of a healthy lifestyle course.

The initial batch also included iconic albums: "Po volne moe pamiat" (On the Wave of My Memory) by David Tukhmanov, "Disco Alliance" by the Latvian band Zodiac, and the debut album by the Kazakh VIA "Dos-Mukasan." The plant plans to expand its lineup and release records commissioned by artists and labels. The plant's capacity allows for the production of up to 100,000 records per year.

Semyon Nosov, December 16, 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.

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.

Marat Khusnullin: The Moscow region section of the M-1 "Belarus" highway is over 80% complete.

Translation. Region: Russian Federation –

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

An important disclaimer is at the bottom of this article.

On the federal highway M-1 "Belarus", the project to reconstruct the section from 66 to 84 km continues.

"We are consistently implementing a road infrastructure development program. It is a key factor in improving people's quality of life, road safety, and territorial development. Furthermore, modernizing existing roads is essential to significantly improve transport accessibility. Specifically, we are reconstructing 18 km of the M-1 "Belarus" highway in the Moscow region. We will widen this section from four to six lanes, which will increase road capacity and ensure comfortable travel for motorists. As of today, the overall technical readiness of the project has exceeded 80%. Earthworks on this section are fully completed. The final stage is paving—approximately 455,000 tons of asphalt concrete have been laid, or 94% of the total," said Marat Khusnullin.

The Deputy Prime Minister added that more than 39 km of barrier fencing (80% of the total) have already been installed at the site, and over 32 km of monolithic parapet fencing (95% of the total) have been installed. Construction workers are continuing work on installing drainage channels from the roadway, automated traffic management system (ATMS) cable ducts, and installing traffic management frame supports.

According to Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor, construction and installation work is underway on 12 artificial structures at the reconstruction site.

"Currently, work is underway on two bridges over the Nara and Kapanka rivers, four overpasses, one of which is already open to traffic, and six pedestrian overpasses. Additionally, for the convenience of drivers, we are constructing a rest area at the 74th kilometer of the highway. Currently, specialists are busy landscaping it, installing traffic control equipment, and installing a sanitary module. The overall technical readiness of the site is 90%," explained Vyacheslav Petushenko.

The work involves 1,000 people and 380 pieces of specialized equipment. Completion of the reconstruction is scheduled for next year.

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: 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.

December 16, 2025: Svetlana Druzhinina's Anniversary. Today, People's Artist of the Russian Federation Svetlana Druzhinina celebrates her 90th birthday. Actress, director, screenwriter, and producer, Svetlana Sergeevna has distinguished herself in a wide range of film roles during her long and successful career. Her filmography includes over 20 outstanding projects! Mosfilm.ru recalls the key creative milestones of Svetlana Druzhinina, whose professional career is closely linked to the legendary film studio.

Translation. Region: Russian Federation –

Source: Mosfilm Film Concern – An important disclaimer is at the bottom of this article.

December 16, 2025

News editorial office

Today, People's Artist of the Russian Federation Svetlana Druzhinina celebrates her 90th birthday. Actress, director, screenwriter, and producer, Svetlana Sergeyevna has distinguished herself in a wide range of film roles during her long and successful career. Her filmography includes over 20 outstanding projects! Mosfilm.ru recalls the key creative milestones of Svetlana Druzhinina, whose career is closely linked to the legendary film studio.

Svetlana Sergeyevna Druzhinina was born on December 16, 1935, in Moscow. Her childhood coincided with the war years: Svetlana's father died at the front, and Svetlana and her mother were forced to evacuate twice. After the war, they returned to Moscow. Druzhinina dreamed of becoming a performer from childhood and, at the age of 12, entered circus school. A year later, she transferred to the choreography school at the Stanislavsky and Nemirovich-Danchenko Moscow Academic Musical Theater, and later to the choreography school of the State Academic Bolshoi Theater. Her classmates included Maris Liepa and Natalia Kasatkina. Her teachers noted Svetlana Sergeyevna's talent for dance, but a serious arm injury forced her to abandon her ballet career.

In search of a new creative outlet, Svetlana Druzhinina tried her hand at presenting. Mosfilm director Samson Samsonov saw one of her concerts. He tracked her down and offered her a role in his film, Behind the Department Store Window (1955). Fascinated by cinema, Svetlana enrolled in the acting department of VGIK (Olga Pyzhova and Boris Bibikov's workshop), where her classmates included Leonid Kuravlyov and Sofiko Chiaureli. For the next ten years, Druzhinina devoted herself to acting, appearing in films such as It Happened in Penkovo (1957) and Girls (1961). Druzhinina retired from acting in 1965, having appeared in films such as There Is a Son Somewhere (1962) and What Is the Sea Like? (1964), "Green Light" (1965) and "Beloved" (1965).

In the 1950s and 1960s, audiences could appreciate the brilliant acting talent of Svetlana Druzhinina.

In the mid-1960s, the already well-known and beloved actress decided to change her role – she re-enrolled at VGIK, this time in the directing department (Igor Talankin's workshop). In 1969, after graduating, Svetlana Sergeyevna began working at Mosfilm Studios as a director. Her feature-length directorial debut was the film "Wish Fulfillment" (1973), based on the novel of the same name by Veniamin Kaverin. The film starred Yevgeny Lebedev, Innokenty Smoktunovsky, Natalya Bondarchuk, and Nikolai Eremenko. In the late 1970s, Svetlana Druzhinina discovered a new direction – musical films. This is how her films “Sun, Sun Again” (1976), “The Hussar’s Courtship” (1979), “Dulcinea del Toboso” (1980) and “The Circus Princess” (1982) appeared.

Svetlana Druzhinina's crowning achievement as a director is considered to be the multi-part film "Midshipmen, Forward!" (1987), based on Nina Sorotokina's novel "Three from the Navigation School." The film achieved nationwide success! The leading roles were played by Sergei Zhigunov, Dmitry Kharatyan, and Vladimir Shevelkov. The film also starred Mikhail Boyarsky, Yevgeny Yevstigneyev, Aleksandr Abdulov, Innokenty Smoktunovsky, and other actors. Filming lasted over a year and a half. Svetlana Druzhinina subsequently directed four sequels to "Midshipmen." From 1995 to 2011, she worked on another large-scale historical project—the film series "Secrets of Palace Revolutions" about the lives of Russian empresses.

Film director and People's Artist of the Russian Federation Svetlana Druzhinina on the set of her films

Svetlana Druzhinina's cinema is not documentary historical reconstructions, but rather vibrant worlds where moral contrasts are clear, good triumphs, and evil is vivid. Her historical costume dramas are, above all, fairy tales, where the essence lies in the truth of feelings: friendship, love, patriotism. Svetlana Druzhinina's films are almost always a cascade of charming characters (the legendary "midshipmen"), sparkling dialogue, memorable songs, and impeccably handsome actors. She created not just characters, but archetypes. During the perestroika era, her cinema gave viewers something scarce: unconditional joy, hope, and confidence in the justice of the world order.

Over the course of her long career, Svetlana Druzhinina has received numerous awards and prizes. In 2001, she was awarded the title of People's Artist of the Russian Federation for her significant contributions to the arts. She is also a recipient of the Order of Honor, the Order of Friendship, and the Order "For Merit in Culture and Art." Over the years, Druzhinina has won the Golden Eagle Film Award, the Moscow International Film Festival Prize, the Vivat Cinema of Russia! Film Festival Prize, and others.

The Mosfilm team heartily congratulates Svetlana Druzhinina on her anniversary and wishes her good health and new creative achievements!

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.

12/11/2025 War fantasy "Saving the Immortal": music recording, sound mixing at Mosfilm. The music for the film "Saving the Immortal" was recorded at Mosfilm's 1st music studio.

Translation. Region: Russian Federation –

Source: Mosfilm Film Concern – An important disclaimer is at the bottom of this article.

December 11, 2025

News editorial office

The music for the film "Saving the Immortal" (previously titled "The Return of Mendysh") has been recorded at Mosfilm's Music Studio 1, and the final soundtrack is already being mixed at Dolby Studio 6. Mosfilm.ru spoke with composer Aizhamal Samatova and sound engineer Lola Bukaeva about the process of creating the film's soundscape.

The Opensound Orchestra symphony orchestra, conducted by Stanislav Malyshev, performed a score created by young composer Aizhamal Samatova. The music was developed in close collaboration with the film's director, Pavel Ignatov, and sound engineer, Lola Bukaeva. For Aizhamal Samatova, a graduate of the Gnessin Russian Academy of Music, this project marked her film debut.

"It was crucial for me that the music convey not the characters' national differences, but rather the feelings they share—love, the pain of loss, joy," shared Aizhamal Samatova. "Even if the film features a song in Kyrgyz, it doesn't require translation: the characters' emotions are clear without words. That's the main idea."

The composer noted the unique creative atmosphere at Mosfilm and thanked her mentor, renowned film composer Yuri Potenko, for his assistance with the orchestration. The recording, supervised by experienced sound engineer Gennady Papin, was smooth and precise, achieving the desired depth and emotionality of the sound.

The film is currently being re-recorded (final mixing – ed.) at Dolby Studio 6. Previously, the film's editors completed editing (editing director: Olga Proshkina) and voice-over work. The team has 20 work shifts ahead. According to the film's creators, everything is aimed at finding the final creative and technical solution for the film's sound design, a balance between sound and image that aligns with the director's vision and the perceptions of the young audience for whom this film is being made.

The film's sound director, Lola Bukaeva, along with her colleague Daler Khasanov, who has worked with this team on other projects, are perfectionists in their field, meticulously working on the film's sound design.

"Of course, the final say always rests with director Pavel Ignatov. Our task is to realize the director's vision, which, I believe, we understood from the very beginning of work on this very unusual and beloved film," shared sound engineer Lola Bukaeva.

Sound engineers particularly note the high-tech nature of Mosfilm's dubbing studio as one of the most advanced production facilities in Russia for this stage of film production. They estimate that the Mosfilm dubbing studio's equipment meets the most modern standards.

Let us remember that the editing and post-production stage of the film "Saving the Immortal" (previous working title "The Return of Mendysh") is carried out entirely at the Mosfilm production and technical base – this includes voice-over, sound recording, background recording, music recording, re-recording (final mixing of the film's soundtrack – ed.), etc.

Filming took place in wintry Belarus and the scorching Tien Shan Mountains of Kyrgyzstan. The plot is based on the life and tragic fate of Kyrgyzstani Mendysh Omuraliev, who died in the Battle of Rzhev in 1942. His remains were found by a search party and returned to his birthplace, the Talas region of Kyrgyzstan, where he was buried with full military honors.

"Extreme blogger Sasha Ustinov (played by popular blogger Gufee Medalina), living in a reality of streaming and hype, finds himself drawn into the events of the Great Patriotic War through a mystical connection to the past. The discovery of the remains of an unknown soldier in the present day by his grandfather, a searcher, becomes a turning point, launching a fantastic journey through time," the film's synopsis states.

The film was written by Alexander Shevtsov and directed by Pavel Ignatov. Lola Bukaeva served as the film's sound engineer, and Aizhamal Samatova composed the music. The role of Mendysh Omuraliev was given to Kyrgyz actor Kymbatbek Alimzhanov. The modern-day hero, Sasha Ustinov, was played by Mikhail Medalin, a popular Russian rapper and blogger with a multi-million audience, also known by his stage name Gufee Medalin. This young adult fantasy film (12) is presented by Reversiya Film Company and the Memory of Victories Foundation.

According to the film's creators, the main goal of "Saving the Immortal" is to awaken in the younger generation a genetic memory of the exploits of the heroes of the Great Patriotic War. The film is primarily aimed at the younger generation. The film's wide release is scheduled for Defender of the Fatherland Day, February 26, 2026.

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: 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.