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Category: Central Asia

  • MIL-OSI China: Walaza crowned in 100m, USA claim 4 more swimming golds at Universiade

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

    Bayanda Walaza sprinted to the men’s 100m title to give South Africa its third gold medal at the Rhine-Ruhr World University Games, while Team USA continued to dominate the swimming pool with four more golds on Tuesday night.

    The Paris 2024 Olympian and world junior champion crossed the line in 10.16 seconds, edging Thailand’s Puripol Boonson (10.22), the same rival he beat at last year’s under-20 global competition in Peru. Asian champion Hiroki Yanagita finished third, just 0.01 seconds behind Boonson.

    “I feel glorified. I believe in winning. As soon as I was on that [start] line, I was looking at that finish line. My mind was there. I need to cross it before everyone,” said Walaza, who, at just 18, ran the leadoff leg in the men’s 4x100m relay final to help South Africa claim silver at Paris 2024.

    Ai Yanhan (3rd L) of China competes during the women’s 200m freestyle final of swimming at the Rhine-Ruhr 2025 FISU World University Games in Berlin, Germany, July 22, 2025. (Xinhua/Du Zheyu)

    Walaza became just the ninth South African to break the 10-second barrier in the 100m when he clocked 9.94 in Zagreb in May. Weeks earlier, he set a national junior record of 20.08 in the 200m.

    Australia’s Georgia Harris won the women’s 100m in 11.44, ahead of Poland’s Magdalena Stefanowicz (11.49) and South Africa’s Gabriella Marais (11.51).

    Germany claimed a one-two finish in the men’s discus, with Mika Sosna winning gold with a throw of 64.26 meters and Steven Richter taking silver at 61.77. Ukraine’s Mykhailo Brudin posted a season-best 60.71 to earn bronze.

    The women’s long jump podium was separated by just three centimeters. Portugal’s Agate Sousa leaped 6.60 meters, two centimeters ahead of China’s Asian Games champion Xiong Shiqi, who finished one centimeter ahead of Spain’s Natalia Gonzalez.

    “It’s a pity to miss the top place by just two centimeters,” said Xiong, who earned China’s first athletics medal at the Games. “But the result is compatible with my capability and my expectation. I want to inspire my teammates in the upcoming track and field competitions with this very first medal in the stadium for China.”

    Swedish Olympian Axelina Johansson won the women’s shot put with a throw of 18.45 meters. American top qualifier Abria Smith followed with 17.38, while South Africa’s Colette Uys claimed bronze at 17.34, narrowly ahead of compatriot Mine de Klerk by one centimeter.

    Seven finals were contested in the pool, with Team USA winning four. The American men continued their relay dominance with a record-breaking win in the 4x200m freestyle, finishing in 7:04.51 to break the previous Games mark of 7:05.49 set by Russia in 2013.

    Cavan Gormsen surged from eighth to first on the back half of the women’s 200m freestyle, winning gold for the U.S. in 1:57.21. She closed the final 50 meters in 29.13 to pass three swimmers and edge China’s Ai Yanhan by 0.3 seconds.

    Leah Shackley broke her own day-old meet record to win the women’s 50m backstroke in 27.31 seconds, trimming 0.3 off her semifinal time of 27.66.

    In the women’s 200m individual medley, another American, Leah Hayes, won gold in 2:09.48, improving on her Games record from the semifinal.

    Competing as a neutral athlete, Aleksandr Stepanov won his second freestyle distance title of the meet with victory in the men’s 800m in 7:46.51, finishing nearly four seconds ahead of Italy’s Tommaso Griffante.

    Italy’s Gianmarco Sansone claimed gold in the men’s 100m butterfly with a personal-best 51.40. Germany’s Bjorn Kammann finished second in 51.70, followed by Uzbekistan’s Eldorbek Usmonov (51.84).

    Federico Rizzardi earned Italy’s second gold of the session, winning the men’s 50m breaststroke in 27.14, nearly 0.2 seconds ahead of the field.

    In diving, China’s Zhang Wenao won gold in the men’s 1m springboard with 425.85 points, followed by teammate Hu Yukang (368.75). Germany’s Tim Axur took bronze with 354.80.

    South Korea claimed its fifth fencing gold by edging France 45-43 in the women’s sabre team event. Italy secured its third fencing title with a commanding 45-20 win over Poland in the men’s foil team final.

    The top three on the medal table remained unchanged after the sixth day of competition. The U.S. leads with 21 golds (20 in swimming), 12 silvers and 20 bronzes, followed by China (12-17-4) and South Korea (11-5-13). Host Germany sits fourth with seven golds, six silvers and eight bronzes. 

    MIL OSI China News –

  • MIL-OSI Russia: The admission campaign for foreign citizens is in full swing at the Polytechnic University

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The Polytechnic University is completing the main stage of accepting documents from foreign applicants. During the large-scale campaign, the university team participated in educational exhibitions, quota selections and webinars in the countries of Asia, Africa, Latin America and the CIS.

    Since autumn 2024, the university has presented its educational programs at 39 events, including 12 face-to-face (in China, Turkey, Vietnam, Morocco, Uzbekistan, Kazakhstan) and six online exhibitions, 17 information webinars and four regional selection rounds jointly with Rossotrudnichestvo representative offices. Foreign applicants familiarized themselves with the new admission algorithms. To promote the Open Doors international Olympiad, which gives talented students a unique opportunity to enter the Polytechnic University and study for free, an interview with the winners was held. They told their compatriots about studying at SPbPU. Also, specialized webinars on the master’s and bachelor’s degree tracks were held jointly with the Global Universities Association.

    This year, a unified algorithm for admission to Russian universities for foreign and Russian citizens was launched. Now foreigners participate in the general competition on an equal basis with Russian schoolchildren. The progress of admission can be monitored in real time through the competition lists, which are already available on the official website of the university. The results of the main stage of enrollment will be known in August. Based on the results of the summer campaign, additional recruitment will take place for the remaining vacancies.

    An important innovation of the international Open Doors Olympiad is the opening of the bachelor’s degree program for the winners. If previously only applicants for master’s and postgraduate studies participated, now future bachelors can too. At the moment, about 300 applications have been received, and about a hundred of them are for bachelor’s degree programs. Most of the guys participating in the Olympiad represent foreign countries and do not speak Russian. Therefore, after admission, they will begin their studies with a pre-university training program.

    Polytechnic University traditionally attracts great interest from applicants from key regions: the CIS countries (Kazakhstan, Uzbekistan and Turkmenistan are in the lead), China and other BRICS countries, Turkey and Latin America (especially Colombia and Ecuador). At the same time, the number of representatives of the African continent interested in studying in pre-university training programs is growing at the university. To develop this area, Polytechnic University took part in a special series of events organized by the Rosatom State Corporation. A series of exhibition and presentation webinars and educational lectures covered nuclear technologies in energy and their non-energy applications in related industries. Popular science lectures were given by Associate Professor of the Higher School of Mechanical Engineering Hamuda Khaled and Senior Lecturer of the Higher School of Technosphere Safety Jamilya Idrisova. The goal is to attract students from African countries to Rosatom’s flagship universities to study in nuclear and related specialties in Russia.

    A significant number of bachelor’s and master’s degree graduates choose to continue their education at SPbPU. According to preliminary data from the admissions campaign, over 2,000 applications have already been submitted for the main educational programs (bachelor’s, master’s, postgraduate) under the contract, and over 800 for the preparatory faculty. Candidates within the Russian Federation Government quota are also being considered. Over 800 applications have been processed to date.

    The most popular bachelor’s degree programs among applicants are economics and international relations, engineering and construction programs, IT and high technology. Of particular interest is the English-language program “International Business”.

    The following areas are in demand in the Master’s program: construction, electric power engineering and electrical engineering, automation of technological processes, management, foreign regional studies, applied mechanics. The following English-language areas are also in demand: “Informatics and computing engineering”, “Biotechnical systems and technologies”, “Infocommunication technologies and communication systems”, “Development of international business”, “Intelligent systems”, “Microelectronics of infocommunication systems”, “Civil engineering” and “Molecular and cellular biotechnology”.

    In postgraduate studies, technical fields (energy, construction, mechanical engineering) and biotechnology are leading.

    “It is difficult to predict the results of the new admissions system, including the movement of competition lists, since this is the first such experience. We recommend that applicants closely monitor updates on the SPbPU website and be prepared for additional recruitment in August. Despite the novelty of the procedure and the complexity of the exams, the interim figures indicate a record interest in studying at the leading technical university in Russia,” said Evgeniya Satalkina, Head of the International Education Department.

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

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    MIL OSI Russia News –

  • MIL-OSI Russia: The first meeting of the Belarusian-Tajik intergovernmental commission on military-technical cooperation was held in Minsk

    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

    MINSK, July 23 (Xinhua) — The first meeting of the Belarusian-Tajik intergovernmental commission on military-technical cooperation was held in Minsk on Tuesday, the press service of the State Military-Industrial Committee (Goskomvoenprom) of Belarus reported.

    The event was held under the leadership of the Chairman of the State Military Industrial Committee Dmitry Pantus and the Minister of Industry and New Technologies of Tajikistan Sherali Kabir. During the meeting, the parties reviewed the progress of the implementation of existing contracts, as well as promising areas for further cooperation and algorithms for their implementation.

    “This dialogue opens up new opportunities for strengthening the partnership between the two countries in the field of military technologies,” the State Military Industrial Committee said. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI: Baker Hughes Company Announces Second-Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Second-quarter highlights

    • Orders of $7.0 billion, including $3.5 billion of IET orders.
    • RPO of $34.0 billion, including record IET RPO of $31.3 billion.
    • Revenue of $6.9 billion, down 3% year-over-year.
    • Attributable net income of $701 million.
    • GAAP diluted EPS of $0.71 and adjusted diluted EPS* of $0.63.
    • Adjusted EBITDA* of $1,212 million, up 7% year-over-year.
    • Cash flows from operating activities of $510 million and free cash flow* of $239 million.
    • Returns to shareholders of $423 million, including $196 million of share repurchases.

    HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) — Baker Hughes Company (Nasdaq: BKR) (“Baker Hughes” or the “Company”) announced results today for the second quarter of 2025.

    “We delivered strong second-quarter results, with total adjusted EBITDA margins increasing 170 basis points year-over-year to 17.5% despite a modest decline in revenue. This performance reflects the benefits of structural cost improvements and continued deployment of our business system, which is driving higher productivity, stronger operating leverage and more durable earnings across the company,” said Lorenzo Simonelli, Baker Hughes Chairman and Chief Executive Officer.

    “IET orders totaled $3.5 billion in the quarter, resulting in another record backlog for the segment. Importantly, order momentum remained strong, supported by more than $550 million of data center related orders, despite the absence of large LNG awards. Following a strong first half and a positive outlook for second half awards, we are confident of achieving the full-year order guidance range for IET.”

    “We remain confident in our ability to deliver solid performance in 2025, with continued growth in IET helping to offset softness in more market-sensitive areas of OFSE – underscoring the strength of our portfolio and the benefits of our strategic diversification. Accordingly, we are raising our full-year revenue and EBITDA guidance for IET and reestablishing full-year guidance for OFSE.”

    “During the quarter, we also announced three strategic transactions to advance our portfolio optimization strategy, reinforcing efforts to enhance the durability of earnings and cash flow while creating long-term value for shareholders. These actions are designed to unlock value from non-core businesses in our portfolio and redeploy that capital into higher-margin opportunities that fit our financial and strategic frameworks.”

    “We are progressing with our strategy of positioning the company for sustainable, differentiated growth and commend the focus and dedication of our people in executing this strategy,” concluded Simonelli.

    * Non-GAAP measure. See reconciliations in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

        Three Months Ended   Variance
    (in millions except per share amounts)   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Orders   $ 7,032   $ 6,459   $ 7,526     9 % (7 %)
    Revenue     6,910     6,427     7,139     8 % (3 %)
    Net income attributable to Baker Hughes     701     402     579     74 % 21 %
    Adjusted net income attributable to Baker Hughes*     623     509     568     22 % 10 %
    Adjusted EBITDA*     1,212     1,037     1,130     17 % 7 %
    Diluted earnings per share (EPS)     0.71     0.40     0.58     76 % 22 %
    Adjusted diluted EPS*     0.63     0.51     0.57     23 % 11 %
    Cash flow from operating activities     510     709     348     (28 %) 47 %
    Free cash flow*     239     454     106     (47 %) F


    * Non-GAAP measure. See reconciliations in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

    Certain columns and rows in our tables and financial statements may not sum up due to the use of rounded numbers.

    “F” is used in most instances when variance is above 100%. Additionally, “U” is used when variance is below (100)%.

    Quarter Highlights

    Executing our portfolio optimization strategy

    In the second quarter, Baker Hughes announced three strategic transactions, all of which reflect a disciplined capital allocation framework and a focus on core businesses with strong return potential.

    First, the Company signed an agreement to form a joint venture with a subsidiary of Cactus, Inc., contributing the Oilfield Services & Equipment’s (“OFSE“) Surface Pressure Control (“SPC“) product line in exchange for approximately $345 million while maintaining a minority ownership stake.

    Second, the Company announced an agreement to sell the Precision Sensors & Instrumentation (“PSI“) product line within Industrial & Energy Technology (“IET“) to Crane Company for approximately $1.15 billion. These proceeds will enhance the Company’s flexibility to reinvest in higher-growth, higher-return areas that support further margin expansion and improved returns.

    Finally, Baker Hughes agreed to acquire Continental Disc Corporation (“CDC“), a leading provider of pressure management solutions, for approximately $540 million. The CDC acquisition strengthens the IET Industrial Products portfolio with a highly complementary, margin-accretive business that expands the Company’s position in the flow and pressure control market and enhances recurring, lifecycle driven revenue.

    Key awards and technology achievements

    The Company continued to support the development of critical data center projects, with year-to-date data center awards of more than $650 million. IET received an award to supply 30 NovaLT™ turbines, representing our largest data center award to-date. The turbines, alongside other associated Baker Hughes equipment, will deliver up to 500 megawatts (MW) of reliable and efficient power for data center development across various U.S. locations.

    Frontier Infrastructure awarded a contract for NovaLT™ turbines, delivering up to 270 MW of power for its data center projects in Wyoming and Texas. This follows the March 2025 enterprise-wide agreement to accelerate large scale carbon capture and storage (“CCS“) and power solutions.

    Baker Hughes continues to grow the pipeline of future data center opportunities. At the Saudi-U.S. Investment Forum in May, the Company signed an MoU with DataVolt that plans to power data centers globally, including the NEOM project in the Kingdom that intends to utilize Baker Hughes’ multi-fuel NovaLT™ technology solution.

    In addition to growing demand from data center applications, IET experienced increased demand for NovaLT™ turbines in the gas infrastructure sector. During the second quarter, the segment secured an award for four gas turbines to support Aramco’s Master Gas System III pipeline project. Including this award, we have secured a total of $2.9 billion in gas infrastructure equipment orders over the past six quarters.

    Highlighting the durability of IET’s lifecycle model, the segment was awarded several aftermarket services contracts. In Gas Technology Services (“GTS“), the Company secured more than $350 million of Contractual Services Agreements (“CSA“) during the quarter. We signed a maintenance agreement with Belayim Petroleum Company (“Petrobel”) to improve uptime and reliability of critical turbomachinery equipment in Egypt. Also in GTS, we renewed a multi-year service agreement with Oman LNG, including resident engineering support along with digital remote monitoring and diagnostics services delivered through iCenter™.

    The Company gained further traction with New Energy globally, with year-to-date bookings now totaling $1.25 billion. In Climate Technology Solutions (“CTS“), we secured one of our largest CCS orders to-date, providing compression technology for a CCS hub in the Middle East. Also in CTS, we signed a framework agreement with Energinet in Denmark to supply 16 reciprocating compressor packages, supporting an increase in biogas production while driving methane and CO2 emissions reduction for gas infrastructure across the country.

    Industrial Technology continued to demonstrate strong momentum across multiple end markets. In Industrial Solutions, we secured a variety of awards for our Cordant™ suite of solutions. This includes an award from a large NOC to deploy Asset Performance Management across several compression stations in the Middle East, and an award from NOVA Chemicals to optimize maintenance spend and maximize production.

    OFSE maintained strong momentum in Mature Assets Solutions around the globe. In Angola, OFSE was awarded multi-year production solutions contracts for chemicals, artificial lift, and digital services to support a major operator’s offshore activities. In Kazakhstan, the TOPAN and Baker Hughes joint venture secured a critical production chemicals and services award. In Norway, Equinor awarded OFSE a contract to industrialize offshore plug and abandonment (“P&A“) operations in the Oseberg East field, which followed the announcement of a multi-year P&A framework agreement for integrated well services.

    OFSE saw continued adoption of Leucipa™ automated field production solution, securing an award from Repsol for next-generation AI capabilities following the MoU signed in October 2024. The Company also signed an agreement with ENI to deploy Leucipa for electric submersible pumps (“ESP“) optimization and AI-powered predictive failure analytics in the Middle East.

    Also in the Middle East, Baker Hughes signed a master services agreement with Aramco for installation and maintenance of ESPs across the Kingdom of Saudi Arabia.

    In North America, OFSE secured a multi-year contract to provide drag reducing chemicals to be deployed on Genesis Energy’s Cameron Highway Oil Pipeline and Poseidon systems, each of which is operated and 64% owned by Genesis Energy. To support this agreement, OFSE will expand its chemicals manufacturing footprint and deploy Leucipa. Additionally, bp awarded OFSE a multi-year chemicals management services contract to optimize throughput and asset reliability in the U.S. Gulf Coast.

    In Germany, OFSE successfully drilled Lower Saxony’s first productive deep geothermal exploration well, a project that leverages OFSE’s integrated well construction and production capabilities and the Company’s industry-leading subsurface-to-surface digital solutions to monitor and optimize operational performance.

    Consolidated Financial Results

    Revenue for the quarter was $6,910 million, an increase of 8% sequentially and down $229 million year-over-year. The decrease in revenue year-over-year was driven by a decrease in OFSE partially offset by an increase in IET.

    The Company’s total book-to-bill ratio in the second quarter of 2025 was 1.0; the IET book-to-bill ratio was 1.1.

    Net income as determined in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for the second quarter of 2025 was $701 million. Net income increased $299 million sequentially and increased $122 million year-over-year.

    Adjusted net income (a non-GAAP financial measure) for the second quarter of 2025 was $623 million, which excludes adjustments totaling $78 million. A list of the adjusting items and associated reconciliation from GAAP has been provided in Table 1b in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.” Adjusted net income for the second quarter of 2025 was up 22% sequentially and up 10% year-over-year.

    Depreciation and amortization for the second quarter of 2025 was $293 million.

    Adjusted EBITDA (a non-GAAP financial measure) for the second quarter of 2025 was $1,212 million, which excludes adjustments totaling $102 million. See Table 1a in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.” Adjusted EBITDA for the second quarter was up 17% sequentially and up 7% year-over-year.

    The sequential increase in adjusted net income and adjusted EBITDA was primarily driven by an increase in volume, favorable FX, and overall productivity. The year-over-year increase in adjusted net income and adjusted EBITDA was driven by productivity and structural cost out initiatives, favorable FX, partially offset by lower volume in OFSE, and cost inflation in both segments.

    Other Financial Items

    Remaining Performance Obligations (“RPO”) in the second quarter of 2025 ended at $34 billion, an increase of $0.8 billion from the first quarter of 2025. OFSE RPO was $2.7 billion, down 3% sequentially, while IET RPO was $31.3 billion, up 3% sequentially. Within IET RPO, GTE RPO was $11.3 billion, and GTS RPO was $15.6 billion.

    Income tax expense in the second quarter of 2025 was $256 million.

    Other (income) expense, net in the second quarter of 2025 was $(134) million, primarily related to changes in fair value for equity securities of $(119) million.

    GAAP diluted earnings per share was $0.71. Adjusted diluted earnings per share (a non-GAAP financial measure) was $0.63. Excluded from adjusted diluted earnings per share were all items listed in Table 1b in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

    Cash flow from operating activities was $510 million for the second quarter of 2025. Free cash flow (a non-GAAP financial measure) for the quarter was $239 million. A reconciliation from GAAP has been provided in Table 1c in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

    Capital expenditures, net of proceeds from disposal of assets, were $271 million for the second quarter of 2025, of which $184 million was for OFSE and $68 million was for IET.

    Results by Reporting Segment

    The following segment discussions and variance explanations are intended to reflect management’s view of the relevant comparisons of financial results on a sequential or year-over-year basis, depending on the business dynamics of the reporting segments.

    Oilfield Services & Equipment

    (in millions)   Three Months Ended   Variance
    Segment results   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Orders   $ 3,503   $ 3,281   $ 4,068     7 % (14 %)
    Revenue   $ 3,617   $ 3,499   $ 4,011     3 % (10 %)
    EBITDA   $ 677   $ 623   $ 716     9 % (5 %)
    EBITDA margin     18.7 %   17.8 %   17.8 %   0.9pts 0.9pts
    (in millions)   Three Months Ended   Variance
    Revenue by Product Line   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Well Construction   $ 921   $ 892   $ 1,090     3 % (16 %)
    Completions, Intervention, and Measurements     935     925     1,118     1 % (16 %)
    Production Solutions     968     899     958     8 % 1 %
    Subsea & Surface Pressure Systems     793     782     845     1 % (6 %)
    Total Revenue   $ 3,617   $ 3,499   $ 4,011     3 % (10 %)
    (in millions)   Three Months Ended   Variance
    Revenue by Geographic Region   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    North America   $ 928   $ 922   $ 1,023     1 % (9 %)
    Latin America     639     568     663     12 % (4 %)
    Europe/CIS/Sub-Saharan Africa     653     580     827     13 % (21 %)
    Middle East/Asia     1,398     1,429     1,498     (2 %) (7 %)
    Total Revenue   $ 3,617   $ 3,499   $ 4,011     3 % (10 %)
                   
    North America   $ 928   $ 922   $ 1,023     1 % (9 %)
    International   $ 2,689   $ 2,577   $ 2,988     4 % (10 %)


    EBITDA excludes depreciation and amortization of     $233 million, $226 million, and $223 million for the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, respectively. EBITDA margin is defined as EBITDA divided by revenue.

    OFSE orders of $3,503 million for the second quarter of 2025 increased by 7% sequentially. Subsea and Surface Pressure Systems orders were $698 million, up 31% sequentially, and down 21% year-over-year.

    OFSE revenue of $3,617 million for the second quarter of 2025 was up 3% sequentially, and down 10% year-over-year.

    North America revenue was $928 million, up 1% sequentially. International revenue was $2,689 million, up 4% sequentially, with increase in all regions with the exception of Middle East and Asia.

    Segment EBITDA for the second quarter of 2025 was $677 million, an increase of $54 million, or 9% sequentially. The sequential increase in EBITDA was primarily driven by productivity, structural cost-out initiatives, volume increase, partially offset by inflation and revenue mix.

    Industrial & Energy Technology

    (in millions)   Three Months Ended   Variance
    Segment results   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Orders   $ 3,530   $ 3,178   $ 3,458     11 % 2 %
    Revenue   $ 3,293   $ 2,928   $ 3,128     12 % 5 %
    EBITDA   $ 585   $ 501   $ 497     17 % 18 %
    EBITDA margin     17.8 %   17.1 %   15.9 %   0.7pts 1.9pts
    (in millions)   Three Months Ended   Variance
    Orders by Product Line   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Gas Technology Equipment   $ 781   $ 1,335   $ 1,493     (42 %) (48 %)
    Gas Technology Services     986     913     769     8 % 28 %
    Total Gas Technology     1,767     2,248     2,261     (21 %) (22 %)
    Industrial Products     513     501     524     2 % (2 %)
    Industrial Solutions     327     281     281     16 % 16 %
    Total Industrial Technology     839     782     805     7 % 4 %
    Climate Technology Solutions     923     148     392     F F
    Total Orders   $ 3,530   $ 3,178   $ 3,458     11 % 2 %
    (in millions)   Three Months Ended   Variance
    Revenue by Product Line   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Gas Technology Equipment   $ 1,624   $ 1,456   $ 1,539     12 % 6 %
    Gas Technology Services     752     592     691     27 % 9 %
    Total Gas Technology     2,377     2,047     2,230     16 % 7 %
    Industrial Products     488     445     509     10 % (4 %)
    Industrial Solutions     273     258     262     6 % 4 %
    Total Industrial Technology     761     703     770     8 % (1 %)
    Climate Technology Solutions     156     178     128     (12 %) 22 %
    Total Revenue   $ 3,293   $ 2,928   $ 3,128     12 % 5 %


    EBITDA excludes depreciation and amortization of     $56 million, $53 million, and $55 million for the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, respectively. EBITDA margin is defined as EBITDA divided by revenue.

    “F” is used in most instances when variance is above 100%. Additionally, “U” is used when variance is below (100)%.

    IET orders of $3,530 million for the second quarter of 2025 increased by $72 million, or 2% year-over-year. The increase was driven primarily by Climate Technology Solutions and partially offset by Gas Technology.

    IET revenue of $3,293 million for the second quarter of 2025 increased $165 million, or 5% year-over-year. The increase was driven by Gas Technology Equipment, up $85 million or 6% year-over-year, Gas Technology Services, up $61 million or 9% year-over-year, and Climate Technology Solutions, up $28 million or 22% year-over-year.

    Segment EBITDA for the quarter was $585 million, an increase of $88 million, or 18% year-over-year. The year-over-year increase in segment EBITDA was driven by positive pricing, favorable FX, and productivity, partially offset by cost inflation.

    Reconciliation of GAAP to non-GAAP Financial Measures

    Management provides non-GAAP financial measures because it believes such measures are widely accepted financial indicators used by investors and analysts to analyze and compare companies on the basis of operating performance (including adjusted EBITDA; adjusted net income attributable to Baker Hughes; and adjusted diluted earnings per share) and liquidity (free cash flow) and that these measures may be used by investors to make informed investment decisions. Management believes that the exclusion of certain identified items from several key operating performance measures enables us to evaluate our operations more effectively, to identify underlying trends in the business, and to establish operational goals for certain management compensation purposes. Management also believes that free cash flow is an important supplemental measure of our cash performance but should not be considered as a measure of residual cash flow available for discretionary purposes, or as an alternative to cash flow from operating activities presented in accordance with GAAP.

    Table 1a. Reconciliation of Net Income Attributable to Baker Hughes to Adjusted EBITDA and Segment EBITDA

        Three Months Ended
    (in millions)   June 30, 2025 March 31, 2025 June 30, 2024
    Net income attributable to Baker Hughes (GAAP)   $ 701   $ 402   $ 579  
    Net income attributable to noncontrolling interests     10     7     2  
    Provision for income taxes     256     152     243  
    Interest expense, net     54     51     47  
    Depreciation & amortization     293     285     283  
    Change in fair value of equity securities (1)     (119 )   140     (19 )
    Other charges and credits (1)     17     —     (6 )
    Adjusted EBITDA (non-GAAP)     1,212     1,037     1,130  
    Corporate costs     78     85     83  
    Other (income) / expense not allocated to segments     (28 )   1     —  
    Total Segment EBITDA (non-GAAP)   $ 1,262   $ 1,124   $ 1,213  
    OFSE     677     623     716  
    IET     585     501     497  


    (1)     Change in fair value of equity securities and other charges and credits are reported in “Other (income) expense, net” on the condensed consolidated statements of income (loss).

    Table 1a reconciles net income attributable to Baker Hughes, which is the directly comparable financial result determined in accordance with GAAP, to adjusted EBITDA and Segment EBITDA. Adjusted EBITDA and Segment EBITDA exclude the impact of certain identified items.

    Table 1b. Reconciliation of Net Income Attributable to Baker Hughes to Adjusted Net Income Attributable to Baker Hughes

        Three Months Ended
    (in millions, except per share amounts)   June 30, 2025 March 31, 2025 June 30, 2024
    Net income attributable to Baker Hughes (GAAP)   $ 701   $ 402   $ 579  
    Change in fair value of equity securities     (119 )   140     (19 )
    Other adjustments     17     —     14  
    Tax adjustments(1)     24     (32 )   (6 )
    Total adjustments, net of income tax     (78 )   108     (11 )
    Less: adjustments attributable to noncontrolling interests     —     —     —  
    Adjustments attributable to Baker Hughes     (78 )   108     (11 )
    Adjusted net income attributable to Baker Hughes (non-GAAP)   $ 623   $ 509   $ 568  
             
    Denominator:        
    Weighted-average shares of Class A common stock outstanding diluted     991     999     1,001  
    Adjusted earnings per share – diluted (non-GAAP)   $ 0.63   $ 0.51   $ 0.57  


    (1)     All periods reflect the tax associated with the other (income) loss adjustments.

    Table 1b reconciles net income attributable to Baker Hughes, which is the directly comparable financial result determined in accordance with GAAP, to adjusted net income attributable to Baker Hughes. Adjusted net income attributable to Baker Hughes excludes the impact of certain identified items.

    Table 1c. Reconciliation of Net Cash Flows from Operating Activities to Free Cash Flow

        Three Months Ended
    (in millions)   June 30, 2025 March 31, 2025 June 30, 2024
    Net cash flows from operating activities (GAAP)   $ 510   $ 709   $ 348  
    Add: cash used for capital expenditures, net of proceeds from disposal of assets     (271 )   (255 )   (242 )
    Free cash flow (non-GAAP)   $ 239   $ 454   $ 106  

    Table 1c reconciles net cash flows from operating activities, which is the directly comparable financial result determined in accordance with GAAP, to free cash flow. Free cash flow is defined as net cash flows from operating activities less expenditures for capital assets plus proceeds from disposal of assets.


    Financial Tables (GAAP)

    Condensed Consolidated Statements of Income (Loss)
    (Unaudited)
     
        Three Months Ended June 30, Six Months Ended June 30,
    (In millions, except per share amounts)     2025     2024     2025     2024  
    Revenue   $ 6,910   $ 7,139   $ 13,337   $ 13,557  
    Costs and expenses:          
    Cost of revenue     5,295     5,493     10,247     10,469  
    Selling, general and administrative     567     643     1,144     1,261  
    Research and development costs     161     158     307     322  
    Other (income) expense, net     (134 )   (26 )   6     (48 )
    Interest expense, net     54     47     105     88  
    Income before income taxes     967     824     1,528     1,465  
    Provision for income taxes     (256 )   (243 )   (408 )   (421 )
    Net income     711     581     1,120     1,044  
    Less: Net income attributable to noncontrolling interests     10     2     17     10  
    Net income attributable to Baker Hughes Company   $ 701   $ 579   $ 1,103   $ 1,034  
               
    Per share amounts:      
    Basic income per Class A common stock   $ 0.71   $ 0.58   $ 1.11   $ 1.04  
    Diluted income per Class A common stock   $ 0.71   $ 0.58   $ 1.11   $ 1.03  
               
    Weighted average shares:          
    Class A basic     988     996     990     997  
    Class A diluted     991     1,001     995     1,002  
               
    Cash dividend per Class A common stock   $ 0.23   $ 0.21   $ 0.46   $ 0.42  
    Condensed Consolidated Statements of Financial Position
    (Unaudited)
     
    (In millions)   June 30, 2025 December 31, 2024
    ASSETS
    Current Assets:      
    Cash and cash equivalents   $ 3,087   $ 3,364  
    Current receivables, net     6,511     7,122  
    Inventories, net     5,105     4,954  
    All other current assets     2,915     1,771  
    Total current assets     17,618     17,211  
    Property, plant and equipment, less accumulated depreciation     5,176     5,127  
    Goodwill     5,801     6,078  
    Other intangible assets, net     3,919     3,951  
    Contract and other deferred assets     1,841     1,730  
    All other assets     4,385     4,266  
    Total assets   $ 38,740   $ 38,363  
    LIABILITIES AND EQUITY
    Current Liabilities:      
    Accounts payable   $ 4,340   $ 4,542  
    Short-term debt     66     53  
    Progress collections and deferred income     5,680     5,672  
    All other current liabilities     2,429     2,724  
    Total current liabilities     12,515     12,991  
    Long-term debt     5,968     5,970  
    Liabilities for pensions and other postretirement benefits     997     988  
    All other liabilities     1,392     1,359  
    Equity     17,868     17,055  
    Total liabilities and equity   $ 38,740   $ 38,363  
           
    Outstanding Baker Hughes Company shares:      
    Class A common stock     985     990  
    Condensed Consolidated Statements of Cash Flows
    (Unaudited)
     
        Three Months Ended June 30, Six Months Ended June 30,
    (In millions)     2025     2025     2024  
    Cash flows from operating activities:        
    Net income   $ 711   $ 1,120   $ 1,044  
    Adjustments to reconcile net income to net cash flows from operating activities:        
    Depreciation and amortization     293     579     566  
    Stock-based compensation cost     52     102     101  
    Change in fair value of equity securities     (119 )   21     (71 )
    (Benefit) provision for deferred income taxes     36     (17 )   33  
    Working capital     (120 )   98     (36 )
    Other operating items, net     (343 )   (684 )   (505 )
    Net cash flows provided by operating activities     510     1,219     1,132  
    Cash flows from investing activities:        
    Expenditures for capital assets     (301 )   (601 )   (625 )
    Proceeds from disposal of assets     30     74     101  
    Other investing items, net     (15 )   (69 )   (6 )
    Net cash flows used in investing activities     (286 )   (596 )   (530 )
    Cash flows from financing activities:        
    Repayment of long-term debt     —     —     (125 )
    Dividends paid     (227 )   (456 )   (419 )
    Repurchase of Class A common stock     (196 )   (384 )   (324 )
    Other financing items, net     (20 )   (105 )   (61 )
    Net cash flows used in financing activities     (443 )   (945 )   (929 )
    Effect of currency exchange rate changes on cash and cash equivalents     29     45     (35 )
    Decrease in cash and cash equivalents     (190 )   (277 )   (362 )
    Cash and cash equivalents, beginning of period     3,277     3,364     2,646  
    Cash and cash equivalents, end of period   $ 3,087   $ 3,087   $ 2,284  
    Supplemental cash flows disclosures:        
    Income taxes paid, net of refunds   $ 211   $ 418   $ 336  
    Interest paid   $ 98   $ 148   $ 150  


    Supplemental Financial Information

    Supplemental financial information can be found on the Company’s website at: investors.bakerhughes.com in the Financial Information section under Quarterly Results.

    Conference Call and Webcast

    The Company has scheduled an investor conference call to discuss management’s outlook and the results reported in today’s earnings announcement. The call will begin at 9:30 a.m. Eastern time, 8:30 a.m. Central time on Wednesday, July 23, 2025, the content of which is not part of this earnings release. The conference call will be broadcast live via a webcast and can be accessed by visiting the Events and Presentations page on the Company’s website at: investors.bakerhughes.com. An archived version of the webcast will be available on the website for one month following the webcast.

    Forward-Looking Statements

    This news release (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a “forward-looking statement”). Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words “may,” “will,” “should,” “potential,” “intend,” “expect,” “would,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “project,” “predict,” “continue,” “target,” “goal” or other similar words or expressions. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These forward-looking statements are also affected by the risk factors described in the Company’s annual report on Form 10-K for the annual period ended December 31, 2024 and those set forth from time to time in other filings with the Securities and Exchange Commission (“SEC”). The documents are available through the Company’s website at: www.investors.bakerhughes.com or through the SEC’s Electronic Data Gathering and Analysis Retrieval system at: www.sec.gov. We undertake no obligation to publicly update or revise any forward-looking statement, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    Our expectations regarding our business outlook and business plans; the business plans of our customers; oil and natural gas market conditions; cost and availability of resources; economic, legal and regulatory conditions, and other matters are only our forecasts regarding these matters.

    These forward-looking statements, including forecasts, may be substantially different from actual results, which are affected by many risks, along with the following risk factors and the timing of any of these risk factors:

    • Economic and political conditions – the impact of worldwide economic conditions and rising inflation; the impact of tariffs and the potential for significant increases thereto; the impact of global trade policy and the potential for significant changes thereto; the effect that declines in credit availability may have on worldwide economic growth and demand for hydrocarbons; foreign currency exchange fluctuations and changes in the capital markets in locations where we operate; and the impact of government disruptions and sanctions.
    • Orders and RPO – our ability to execute on orders and RPO in accordance with agreed specifications, terms and conditions and convert those orders and RPO to revenue and cash.
    • Oil and gas market conditions – the level of petroleum industry exploration, development and production expenditures; the price of, volatility in pricing of, and the demand for crude oil and natural gas; drilling activity; drilling permits for and regulation of the shelf and the deepwater drilling; excess productive capacity; crude and product inventories; liquefied natural gas supply and demand; seasonal and other adverse weather conditions that affect the demand for energy; severe weather conditions, such as tornadoes and hurricanes, that affect exploration and production activities; Organization of Petroleum Exporting Countries (“OPEC”) policy and the adherence by OPEC nations to their OPEC production quotas.
    • Terrorism and geopolitical risks – war, military action, terrorist activities or extended periods of international conflict, particularly involving any petroleum-producing or consuming regions, including Russia and Ukraine; and the recent conflict in the Middle East; labor disruptions, civil unrest or security conditions where we operate; potentially burdensome taxation, expropriation of assets by governmental action; cybersecurity risks and cyber incidents or attacks; epidemic outbreaks.

    About Baker Hughes:

    Baker Hughes (Nasdaq: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    For more information, please contact:

    Investor Relations

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    Media Relations

    Adrienne M. Lynch
    +1 713-906-8407
    adrienne.lynch@bakerhughes.com

    The MIL Network –

  • MIL-OSI: Baker Hughes Company Announces Second-Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Second-quarter highlights

    • Orders of $7.0 billion, including $3.5 billion of IET orders.
    • RPO of $34.0 billion, including record IET RPO of $31.3 billion.
    • Revenue of $6.9 billion, down 3% year-over-year.
    • Attributable net income of $701 million.
    • GAAP diluted EPS of $0.71 and adjusted diluted EPS* of $0.63.
    • Adjusted EBITDA* of $1,212 million, up 7% year-over-year.
    • Cash flows from operating activities of $510 million and free cash flow* of $239 million.
    • Returns to shareholders of $423 million, including $196 million of share repurchases.

    HOUSTON and LONDON, July 22, 2025 (GLOBE NEWSWIRE) — Baker Hughes Company (Nasdaq: BKR) (“Baker Hughes” or the “Company”) announced results today for the second quarter of 2025.

    “We delivered strong second-quarter results, with total adjusted EBITDA margins increasing 170 basis points year-over-year to 17.5% despite a modest decline in revenue. This performance reflects the benefits of structural cost improvements and continued deployment of our business system, which is driving higher productivity, stronger operating leverage and more durable earnings across the company,” said Lorenzo Simonelli, Baker Hughes Chairman and Chief Executive Officer.

    “IET orders totaled $3.5 billion in the quarter, resulting in another record backlog for the segment. Importantly, order momentum remained strong, supported by more than $550 million of data center related orders, despite the absence of large LNG awards. Following a strong first half and a positive outlook for second half awards, we are confident of achieving the full-year order guidance range for IET.”

    “We remain confident in our ability to deliver solid performance in 2025, with continued growth in IET helping to offset softness in more market-sensitive areas of OFSE – underscoring the strength of our portfolio and the benefits of our strategic diversification. Accordingly, we are raising our full-year revenue and EBITDA guidance for IET and reestablishing full-year guidance for OFSE.”

    “During the quarter, we also announced three strategic transactions to advance our portfolio optimization strategy, reinforcing efforts to enhance the durability of earnings and cash flow while creating long-term value for shareholders. These actions are designed to unlock value from non-core businesses in our portfolio and redeploy that capital into higher-margin opportunities that fit our financial and strategic frameworks.”

    “We are progressing with our strategy of positioning the company for sustainable, differentiated growth and commend the focus and dedication of our people in executing this strategy,” concluded Simonelli.

    * Non-GAAP measure. See reconciliations in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

        Three Months Ended   Variance
    (in millions except per share amounts)   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Orders   $ 7,032   $ 6,459   $ 7,526     9 % (7 %)
    Revenue     6,910     6,427     7,139     8 % (3 %)
    Net income attributable to Baker Hughes     701     402     579     74 % 21 %
    Adjusted net income attributable to Baker Hughes*     623     509     568     22 % 10 %
    Adjusted EBITDA*     1,212     1,037     1,130     17 % 7 %
    Diluted earnings per share (EPS)     0.71     0.40     0.58     76 % 22 %
    Adjusted diluted EPS*     0.63     0.51     0.57     23 % 11 %
    Cash flow from operating activities     510     709     348     (28 %) 47 %
    Free cash flow*     239     454     106     (47 %) F


    * Non-GAAP measure. See reconciliations in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

    Certain columns and rows in our tables and financial statements may not sum up due to the use of rounded numbers.

    “F” is used in most instances when variance is above 100%. Additionally, “U” is used when variance is below (100)%.

    Quarter Highlights

    Executing our portfolio optimization strategy

    In the second quarter, Baker Hughes announced three strategic transactions, all of which reflect a disciplined capital allocation framework and a focus on core businesses with strong return potential.

    First, the Company signed an agreement to form a joint venture with a subsidiary of Cactus, Inc., contributing the Oilfield Services & Equipment’s (“OFSE“) Surface Pressure Control (“SPC“) product line in exchange for approximately $345 million while maintaining a minority ownership stake.

    Second, the Company announced an agreement to sell the Precision Sensors & Instrumentation (“PSI“) product line within Industrial & Energy Technology (“IET“) to Crane Company for approximately $1.15 billion. These proceeds will enhance the Company’s flexibility to reinvest in higher-growth, higher-return areas that support further margin expansion and improved returns.

    Finally, Baker Hughes agreed to acquire Continental Disc Corporation (“CDC“), a leading provider of pressure management solutions, for approximately $540 million. The CDC acquisition strengthens the IET Industrial Products portfolio with a highly complementary, margin-accretive business that expands the Company’s position in the flow and pressure control market and enhances recurring, lifecycle driven revenue.

    Key awards and technology achievements

    The Company continued to support the development of critical data center projects, with year-to-date data center awards of more than $650 million. IET received an award to supply 30 NovaLT™ turbines, representing our largest data center award to-date. The turbines, alongside other associated Baker Hughes equipment, will deliver up to 500 megawatts (MW) of reliable and efficient power for data center development across various U.S. locations.

    Frontier Infrastructure awarded a contract for NovaLT™ turbines, delivering up to 270 MW of power for its data center projects in Wyoming and Texas. This follows the March 2025 enterprise-wide agreement to accelerate large scale carbon capture and storage (“CCS“) and power solutions.

    Baker Hughes continues to grow the pipeline of future data center opportunities. At the Saudi-U.S. Investment Forum in May, the Company signed an MoU with DataVolt that plans to power data centers globally, including the NEOM project in the Kingdom that intends to utilize Baker Hughes’ multi-fuel NovaLT™ technology solution.

    In addition to growing demand from data center applications, IET experienced increased demand for NovaLT™ turbines in the gas infrastructure sector. During the second quarter, the segment secured an award for four gas turbines to support Aramco’s Master Gas System III pipeline project. Including this award, we have secured a total of $2.9 billion in gas infrastructure equipment orders over the past six quarters.

    Highlighting the durability of IET’s lifecycle model, the segment was awarded several aftermarket services contracts. In Gas Technology Services (“GTS“), the Company secured more than $350 million of Contractual Services Agreements (“CSA“) during the quarter. We signed a maintenance agreement with Belayim Petroleum Company (“Petrobel”) to improve uptime and reliability of critical turbomachinery equipment in Egypt. Also in GTS, we renewed a multi-year service agreement with Oman LNG, including resident engineering support along with digital remote monitoring and diagnostics services delivered through iCenter™.

    The Company gained further traction with New Energy globally, with year-to-date bookings now totaling $1.25 billion. In Climate Technology Solutions (“CTS“), we secured one of our largest CCS orders to-date, providing compression technology for a CCS hub in the Middle East. Also in CTS, we signed a framework agreement with Energinet in Denmark to supply 16 reciprocating compressor packages, supporting an increase in biogas production while driving methane and CO2 emissions reduction for gas infrastructure across the country.

    Industrial Technology continued to demonstrate strong momentum across multiple end markets. In Industrial Solutions, we secured a variety of awards for our Cordant™ suite of solutions. This includes an award from a large NOC to deploy Asset Performance Management across several compression stations in the Middle East, and an award from NOVA Chemicals to optimize maintenance spend and maximize production.

    OFSE maintained strong momentum in Mature Assets Solutions around the globe. In Angola, OFSE was awarded multi-year production solutions contracts for chemicals, artificial lift, and digital services to support a major operator’s offshore activities. In Kazakhstan, the TOPAN and Baker Hughes joint venture secured a critical production chemicals and services award. In Norway, Equinor awarded OFSE a contract to industrialize offshore plug and abandonment (“P&A“) operations in the Oseberg East field, which followed the announcement of a multi-year P&A framework agreement for integrated well services.

    OFSE saw continued adoption of Leucipa™ automated field production solution, securing an award from Repsol for next-generation AI capabilities following the MoU signed in October 2024. The Company also signed an agreement with ENI to deploy Leucipa for electric submersible pumps (“ESP“) optimization and AI-powered predictive failure analytics in the Middle East.

    Also in the Middle East, Baker Hughes signed a master services agreement with Aramco for installation and maintenance of ESPs across the Kingdom of Saudi Arabia.

    In North America, OFSE secured a multi-year contract to provide drag reducing chemicals to be deployed on Genesis Energy’s Cameron Highway Oil Pipeline and Poseidon systems, each of which is operated and 64% owned by Genesis Energy. To support this agreement, OFSE will expand its chemicals manufacturing footprint and deploy Leucipa. Additionally, bp awarded OFSE a multi-year chemicals management services contract to optimize throughput and asset reliability in the U.S. Gulf Coast.

    In Germany, OFSE successfully drilled Lower Saxony’s first productive deep geothermal exploration well, a project that leverages OFSE’s integrated well construction and production capabilities and the Company’s industry-leading subsurface-to-surface digital solutions to monitor and optimize operational performance.

    Consolidated Financial Results

    Revenue for the quarter was $6,910 million, an increase of 8% sequentially and down $229 million year-over-year. The decrease in revenue year-over-year was driven by a decrease in OFSE partially offset by an increase in IET.

    The Company’s total book-to-bill ratio in the second quarter of 2025 was 1.0; the IET book-to-bill ratio was 1.1.

    Net income as determined in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for the second quarter of 2025 was $701 million. Net income increased $299 million sequentially and increased $122 million year-over-year.

    Adjusted net income (a non-GAAP financial measure) for the second quarter of 2025 was $623 million, which excludes adjustments totaling $78 million. A list of the adjusting items and associated reconciliation from GAAP has been provided in Table 1b in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.” Adjusted net income for the second quarter of 2025 was up 22% sequentially and up 10% year-over-year.

    Depreciation and amortization for the second quarter of 2025 was $293 million.

    Adjusted EBITDA (a non-GAAP financial measure) for the second quarter of 2025 was $1,212 million, which excludes adjustments totaling $102 million. See Table 1a in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.” Adjusted EBITDA for the second quarter was up 17% sequentially and up 7% year-over-year.

    The sequential increase in adjusted net income and adjusted EBITDA was primarily driven by an increase in volume, favorable FX, and overall productivity. The year-over-year increase in adjusted net income and adjusted EBITDA was driven by productivity and structural cost out initiatives, favorable FX, partially offset by lower volume in OFSE, and cost inflation in both segments.

    Other Financial Items

    Remaining Performance Obligations (“RPO”) in the second quarter of 2025 ended at $34 billion, an increase of $0.8 billion from the first quarter of 2025. OFSE RPO was $2.7 billion, down 3% sequentially, while IET RPO was $31.3 billion, up 3% sequentially. Within IET RPO, GTE RPO was $11.3 billion, and GTS RPO was $15.6 billion.

    Income tax expense in the second quarter of 2025 was $256 million.

    Other (income) expense, net in the second quarter of 2025 was $(134) million, primarily related to changes in fair value for equity securities of $(119) million.

    GAAP diluted earnings per share was $0.71. Adjusted diluted earnings per share (a non-GAAP financial measure) was $0.63. Excluded from adjusted diluted earnings per share were all items listed in Table 1b in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

    Cash flow from operating activities was $510 million for the second quarter of 2025. Free cash flow (a non-GAAP financial measure) for the quarter was $239 million. A reconciliation from GAAP has been provided in Table 1c in the section titled “Reconciliation of GAAP to non-GAAP Financial Measures.”

    Capital expenditures, net of proceeds from disposal of assets, were $271 million for the second quarter of 2025, of which $184 million was for OFSE and $68 million was for IET.

    Results by Reporting Segment

    The following segment discussions and variance explanations are intended to reflect management’s view of the relevant comparisons of financial results on a sequential or year-over-year basis, depending on the business dynamics of the reporting segments.

    Oilfield Services & Equipment

    (in millions)   Three Months Ended   Variance
    Segment results   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Orders   $ 3,503   $ 3,281   $ 4,068     7 % (14 %)
    Revenue   $ 3,617   $ 3,499   $ 4,011     3 % (10 %)
    EBITDA   $ 677   $ 623   $ 716     9 % (5 %)
    EBITDA margin     18.7 %   17.8 %   17.8 %   0.9pts 0.9pts
    (in millions)   Three Months Ended   Variance
    Revenue by Product Line   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Well Construction   $ 921   $ 892   $ 1,090     3 % (16 %)
    Completions, Intervention, and Measurements     935     925     1,118     1 % (16 %)
    Production Solutions     968     899     958     8 % 1 %
    Subsea & Surface Pressure Systems     793     782     845     1 % (6 %)
    Total Revenue   $ 3,617   $ 3,499   $ 4,011     3 % (10 %)
    (in millions)   Three Months Ended   Variance
    Revenue by Geographic Region   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    North America   $ 928   $ 922   $ 1,023     1 % (9 %)
    Latin America     639     568     663     12 % (4 %)
    Europe/CIS/Sub-Saharan Africa     653     580     827     13 % (21 %)
    Middle East/Asia     1,398     1,429     1,498     (2 %) (7 %)
    Total Revenue   $ 3,617   $ 3,499   $ 4,011     3 % (10 %)
                   
    North America   $ 928   $ 922   $ 1,023     1 % (9 %)
    International   $ 2,689   $ 2,577   $ 2,988     4 % (10 %)


    EBITDA excludes depreciation and amortization of     $233 million, $226 million, and $223 million for the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, respectively. EBITDA margin is defined as EBITDA divided by revenue.

    OFSE orders of $3,503 million for the second quarter of 2025 increased by 7% sequentially. Subsea and Surface Pressure Systems orders were $698 million, up 31% sequentially, and down 21% year-over-year.

    OFSE revenue of $3,617 million for the second quarter of 2025 was up 3% sequentially, and down 10% year-over-year.

    North America revenue was $928 million, up 1% sequentially. International revenue was $2,689 million, up 4% sequentially, with increase in all regions with the exception of Middle East and Asia.

    Segment EBITDA for the second quarter of 2025 was $677 million, an increase of $54 million, or 9% sequentially. The sequential increase in EBITDA was primarily driven by productivity, structural cost-out initiatives, volume increase, partially offset by inflation and revenue mix.

    Industrial & Energy Technology

    (in millions)   Three Months Ended   Variance
    Segment results   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Orders   $ 3,530   $ 3,178   $ 3,458     11 % 2 %
    Revenue   $ 3,293   $ 2,928   $ 3,128     12 % 5 %
    EBITDA   $ 585   $ 501   $ 497     17 % 18 %
    EBITDA margin     17.8 %   17.1 %   15.9 %   0.7pts 1.9pts
    (in millions)   Three Months Ended   Variance
    Orders by Product Line   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Gas Technology Equipment   $ 781   $ 1,335   $ 1,493     (42 %) (48 %)
    Gas Technology Services     986     913     769     8 % 28 %
    Total Gas Technology     1,767     2,248     2,261     (21 %) (22 %)
    Industrial Products     513     501     524     2 % (2 %)
    Industrial Solutions     327     281     281     16 % 16 %
    Total Industrial Technology     839     782     805     7 % 4 %
    Climate Technology Solutions     923     148     392     F F
    Total Orders   $ 3,530   $ 3,178   $ 3,458     11 % 2 %
    (in millions)   Three Months Ended   Variance
    Revenue by Product Line   June 30, 2025 March 31, 2025 June 30, 2024   Sequential Year-over-year
    Gas Technology Equipment   $ 1,624   $ 1,456   $ 1,539     12 % 6 %
    Gas Technology Services     752     592     691     27 % 9 %
    Total Gas Technology     2,377     2,047     2,230     16 % 7 %
    Industrial Products     488     445     509     10 % (4 %)
    Industrial Solutions     273     258     262     6 % 4 %
    Total Industrial Technology     761     703     770     8 % (1 %)
    Climate Technology Solutions     156     178     128     (12 %) 22 %
    Total Revenue   $ 3,293   $ 2,928   $ 3,128     12 % 5 %


    EBITDA excludes depreciation and amortization of     $56 million, $53 million, and $55 million for the three months ended June 30, 2025, March 31, 2025, and June 30, 2024, respectively. EBITDA margin is defined as EBITDA divided by revenue.

    “F” is used in most instances when variance is above 100%. Additionally, “U” is used when variance is below (100)%.

    IET orders of $3,530 million for the second quarter of 2025 increased by $72 million, or 2% year-over-year. The increase was driven primarily by Climate Technology Solutions and partially offset by Gas Technology.

    IET revenue of $3,293 million for the second quarter of 2025 increased $165 million, or 5% year-over-year. The increase was driven by Gas Technology Equipment, up $85 million or 6% year-over-year, Gas Technology Services, up $61 million or 9% year-over-year, and Climate Technology Solutions, up $28 million or 22% year-over-year.

    Segment EBITDA for the quarter was $585 million, an increase of $88 million, or 18% year-over-year. The year-over-year increase in segment EBITDA was driven by positive pricing, favorable FX, and productivity, partially offset by cost inflation.

    Reconciliation of GAAP to non-GAAP Financial Measures

    Management provides non-GAAP financial measures because it believes such measures are widely accepted financial indicators used by investors and analysts to analyze and compare companies on the basis of operating performance (including adjusted EBITDA; adjusted net income attributable to Baker Hughes; and adjusted diluted earnings per share) and liquidity (free cash flow) and that these measures may be used by investors to make informed investment decisions. Management believes that the exclusion of certain identified items from several key operating performance measures enables us to evaluate our operations more effectively, to identify underlying trends in the business, and to establish operational goals for certain management compensation purposes. Management also believes that free cash flow is an important supplemental measure of our cash performance but should not be considered as a measure of residual cash flow available for discretionary purposes, or as an alternative to cash flow from operating activities presented in accordance with GAAP.

    Table 1a. Reconciliation of Net Income Attributable to Baker Hughes to Adjusted EBITDA and Segment EBITDA

        Three Months Ended
    (in millions)   June 30, 2025 March 31, 2025 June 30, 2024
    Net income attributable to Baker Hughes (GAAP)   $ 701   $ 402   $ 579  
    Net income attributable to noncontrolling interests     10     7     2  
    Provision for income taxes     256     152     243  
    Interest expense, net     54     51     47  
    Depreciation & amortization     293     285     283  
    Change in fair value of equity securities (1)     (119 )   140     (19 )
    Other charges and credits (1)     17     —     (6 )
    Adjusted EBITDA (non-GAAP)     1,212     1,037     1,130  
    Corporate costs     78     85     83  
    Other (income) / expense not allocated to segments     (28 )   1     —  
    Total Segment EBITDA (non-GAAP)   $ 1,262   $ 1,124   $ 1,213  
    OFSE     677     623     716  
    IET     585     501     497  


    (1)     Change in fair value of equity securities and other charges and credits are reported in “Other (income) expense, net” on the condensed consolidated statements of income (loss).

    Table 1a reconciles net income attributable to Baker Hughes, which is the directly comparable financial result determined in accordance with GAAP, to adjusted EBITDA and Segment EBITDA. Adjusted EBITDA and Segment EBITDA exclude the impact of certain identified items.

    Table 1b. Reconciliation of Net Income Attributable to Baker Hughes to Adjusted Net Income Attributable to Baker Hughes

        Three Months Ended
    (in millions, except per share amounts)   June 30, 2025 March 31, 2025 June 30, 2024
    Net income attributable to Baker Hughes (GAAP)   $ 701   $ 402   $ 579  
    Change in fair value of equity securities     (119 )   140     (19 )
    Other adjustments     17     —     14  
    Tax adjustments(1)     24     (32 )   (6 )
    Total adjustments, net of income tax     (78 )   108     (11 )
    Less: adjustments attributable to noncontrolling interests     —     —     —  
    Adjustments attributable to Baker Hughes     (78 )   108     (11 )
    Adjusted net income attributable to Baker Hughes (non-GAAP)   $ 623   $ 509   $ 568  
             
    Denominator:        
    Weighted-average shares of Class A common stock outstanding diluted     991     999     1,001  
    Adjusted earnings per share – diluted (non-GAAP)   $ 0.63   $ 0.51   $ 0.57  


    (1)     All periods reflect the tax associated with the other (income) loss adjustments.

    Table 1b reconciles net income attributable to Baker Hughes, which is the directly comparable financial result determined in accordance with GAAP, to adjusted net income attributable to Baker Hughes. Adjusted net income attributable to Baker Hughes excludes the impact of certain identified items.

    Table 1c. Reconciliation of Net Cash Flows from Operating Activities to Free Cash Flow

        Three Months Ended
    (in millions)   June 30, 2025 March 31, 2025 June 30, 2024
    Net cash flows from operating activities (GAAP)   $ 510   $ 709   $ 348  
    Add: cash used for capital expenditures, net of proceeds from disposal of assets     (271 )   (255 )   (242 )
    Free cash flow (non-GAAP)   $ 239   $ 454   $ 106  

    Table 1c reconciles net cash flows from operating activities, which is the directly comparable financial result determined in accordance with GAAP, to free cash flow. Free cash flow is defined as net cash flows from operating activities less expenditures for capital assets plus proceeds from disposal of assets.


    Financial Tables (GAAP)

    Condensed Consolidated Statements of Income (Loss)
    (Unaudited)
     
        Three Months Ended June 30, Six Months Ended June 30,
    (In millions, except per share amounts)     2025     2024     2025     2024  
    Revenue   $ 6,910   $ 7,139   $ 13,337   $ 13,557  
    Costs and expenses:          
    Cost of revenue     5,295     5,493     10,247     10,469  
    Selling, general and administrative     567     643     1,144     1,261  
    Research and development costs     161     158     307     322  
    Other (income) expense, net     (134 )   (26 )   6     (48 )
    Interest expense, net     54     47     105     88  
    Income before income taxes     967     824     1,528     1,465  
    Provision for income taxes     (256 )   (243 )   (408 )   (421 )
    Net income     711     581     1,120     1,044  
    Less: Net income attributable to noncontrolling interests     10     2     17     10  
    Net income attributable to Baker Hughes Company   $ 701   $ 579   $ 1,103   $ 1,034  
               
    Per share amounts:      
    Basic income per Class A common stock   $ 0.71   $ 0.58   $ 1.11   $ 1.04  
    Diluted income per Class A common stock   $ 0.71   $ 0.58   $ 1.11   $ 1.03  
               
    Weighted average shares:          
    Class A basic     988     996     990     997  
    Class A diluted     991     1,001     995     1,002  
               
    Cash dividend per Class A common stock   $ 0.23   $ 0.21   $ 0.46   $ 0.42  
    Condensed Consolidated Statements of Financial Position
    (Unaudited)
     
    (In millions)   June 30, 2025 December 31, 2024
    ASSETS
    Current Assets:      
    Cash and cash equivalents   $ 3,087   $ 3,364  
    Current receivables, net     6,511     7,122  
    Inventories, net     5,105     4,954  
    All other current assets     2,915     1,771  
    Total current assets     17,618     17,211  
    Property, plant and equipment, less accumulated depreciation     5,176     5,127  
    Goodwill     5,801     6,078  
    Other intangible assets, net     3,919     3,951  
    Contract and other deferred assets     1,841     1,730  
    All other assets     4,385     4,266  
    Total assets   $ 38,740   $ 38,363  
    LIABILITIES AND EQUITY
    Current Liabilities:      
    Accounts payable   $ 4,340   $ 4,542  
    Short-term debt     66     53  
    Progress collections and deferred income     5,680     5,672  
    All other current liabilities     2,429     2,724  
    Total current liabilities     12,515     12,991  
    Long-term debt     5,968     5,970  
    Liabilities for pensions and other postretirement benefits     997     988  
    All other liabilities     1,392     1,359  
    Equity     17,868     17,055  
    Total liabilities and equity   $ 38,740   $ 38,363  
           
    Outstanding Baker Hughes Company shares:      
    Class A common stock     985     990  
    Condensed Consolidated Statements of Cash Flows
    (Unaudited)
     
        Three Months Ended June 30, Six Months Ended June 30,
    (In millions)     2025     2025     2024  
    Cash flows from operating activities:        
    Net income   $ 711   $ 1,120   $ 1,044  
    Adjustments to reconcile net income to net cash flows from operating activities:        
    Depreciation and amortization     293     579     566  
    Stock-based compensation cost     52     102     101  
    Change in fair value of equity securities     (119 )   21     (71 )
    (Benefit) provision for deferred income taxes     36     (17 )   33  
    Working capital     (120 )   98     (36 )
    Other operating items, net     (343 )   (684 )   (505 )
    Net cash flows provided by operating activities     510     1,219     1,132  
    Cash flows from investing activities:        
    Expenditures for capital assets     (301 )   (601 )   (625 )
    Proceeds from disposal of assets     30     74     101  
    Other investing items, net     (15 )   (69 )   (6 )
    Net cash flows used in investing activities     (286 )   (596 )   (530 )
    Cash flows from financing activities:        
    Repayment of long-term debt     —     —     (125 )
    Dividends paid     (227 )   (456 )   (419 )
    Repurchase of Class A common stock     (196 )   (384 )   (324 )
    Other financing items, net     (20 )   (105 )   (61 )
    Net cash flows used in financing activities     (443 )   (945 )   (929 )
    Effect of currency exchange rate changes on cash and cash equivalents     29     45     (35 )
    Decrease in cash and cash equivalents     (190 )   (277 )   (362 )
    Cash and cash equivalents, beginning of period     3,277     3,364     2,646  
    Cash and cash equivalents, end of period   $ 3,087   $ 3,087   $ 2,284  
    Supplemental cash flows disclosures:        
    Income taxes paid, net of refunds   $ 211   $ 418   $ 336  
    Interest paid   $ 98   $ 148   $ 150  


    Supplemental Financial Information

    Supplemental financial information can be found on the Company’s website at: investors.bakerhughes.com in the Financial Information section under Quarterly Results.

    Conference Call and Webcast

    The Company has scheduled an investor conference call to discuss management’s outlook and the results reported in today’s earnings announcement. The call will begin at 9:30 a.m. Eastern time, 8:30 a.m. Central time on Wednesday, July 23, 2025, the content of which is not part of this earnings release. The conference call will be broadcast live via a webcast and can be accessed by visiting the Events and Presentations page on the Company’s website at: investors.bakerhughes.com. An archived version of the webcast will be available on the website for one month following the webcast.

    Forward-Looking Statements

    This news release (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a “forward-looking statement”). Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words “may,” “will,” “should,” “potential,” “intend,” “expect,” “would,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “project,” “predict,” “continue,” “target,” “goal” or other similar words or expressions. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These forward-looking statements are also affected by the risk factors described in the Company’s annual report on Form 10-K for the annual period ended December 31, 2024 and those set forth from time to time in other filings with the Securities and Exchange Commission (“SEC”). The documents are available through the Company’s website at: www.investors.bakerhughes.com or through the SEC’s Electronic Data Gathering and Analysis Retrieval system at: www.sec.gov. We undertake no obligation to publicly update or revise any forward-looking statement, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    Our expectations regarding our business outlook and business plans; the business plans of our customers; oil and natural gas market conditions; cost and availability of resources; economic, legal and regulatory conditions, and other matters are only our forecasts regarding these matters.

    These forward-looking statements, including forecasts, may be substantially different from actual results, which are affected by many risks, along with the following risk factors and the timing of any of these risk factors:

    • Economic and political conditions – the impact of worldwide economic conditions and rising inflation; the impact of tariffs and the potential for significant increases thereto; the impact of global trade policy and the potential for significant changes thereto; the effect that declines in credit availability may have on worldwide economic growth and demand for hydrocarbons; foreign currency exchange fluctuations and changes in the capital markets in locations where we operate; and the impact of government disruptions and sanctions.
    • Orders and RPO – our ability to execute on orders and RPO in accordance with agreed specifications, terms and conditions and convert those orders and RPO to revenue and cash.
    • Oil and gas market conditions – the level of petroleum industry exploration, development and production expenditures; the price of, volatility in pricing of, and the demand for crude oil and natural gas; drilling activity; drilling permits for and regulation of the shelf and the deepwater drilling; excess productive capacity; crude and product inventories; liquefied natural gas supply and demand; seasonal and other adverse weather conditions that affect the demand for energy; severe weather conditions, such as tornadoes and hurricanes, that affect exploration and production activities; Organization of Petroleum Exporting Countries (“OPEC”) policy and the adherence by OPEC nations to their OPEC production quotas.
    • Terrorism and geopolitical risks – war, military action, terrorist activities or extended periods of international conflict, particularly involving any petroleum-producing or consuming regions, including Russia and Ukraine; and the recent conflict in the Middle East; labor disruptions, civil unrest or security conditions where we operate; potentially burdensome taxation, expropriation of assets by governmental action; cybersecurity risks and cyber incidents or attacks; epidemic outbreaks.

    About Baker Hughes:

    Baker Hughes (Nasdaq: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    For more information, please contact:

    Investor Relations

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    Media Relations

    Adrienne M. Lynch
    +1 713-906-8407
    adrienne.lynch@bakerhughes.com

    The MIL Network –

  • MIL-OSI United Nations: Economic and Social Council Continues High-Level Segment

    Source: United Nations General Assembly and Security Council

    2025 Session,

    25th Meeting (PM)

    ECOSOC/7215

    The Economic and Social Council continues the general debate of its annual high-level segment, including the three-day ministerial segment of the High-level Political Forum under the theme “Advancing sustainable, inclusive, science- and evidence-based solutions for the 2030 Agenda and its SDGs for leaving no one behind”.

    The segment, which began 21 July, will run through 24 July.

    Member States will make statements this afternoon under the theme “UN@80:  Catalyzing Change for Sustainable Development”. 

    Also in the afternoon, the Council will continue its voluntary national reviews with Germany, Kazakhstan, Seychelles, Japan, Gambia, Indonesia and Suriname.  Council President Bob Rae and Vice President Lok Bahadur Thapa will chair the reviews.

    For information media. Not an official record.

    MIL OSI United Nations News –

  • MIL-OSI Russia: Uzbekistan’s Economy Grew by 7.2% in First Half of Year

    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

    Tashkent, July 22 (Xinhua) — Uzbekistan’s economy grew by 7.2 percent year-on-year in the first half of this year, local media reported on Tuesday, citing the National Statistics Committee of the Republic of Uzbekistan.

    According to preliminary data, the gross domestic product (GDP) of Uzbekistan for January-June 2025 increased by 7.2 percent compared to the same period in 2024.

    It is noted that the country’s foreign trade turnover increased by 16.1 percent in the first six months of 2025.

    In June, the press service of the President of Uzbekistan reported, citing the head of state Shavkat Mirziyoyev, that over the past 8 years, the country’s GDP has doubled and the goal has been set to bring it to 200 billion US dollars by 2030. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Find “Inspiration” at VDNKh: What New Things the Arts Festival Has in Store

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Listen to live symphonic music, see productions by theater troupes from around the world, get acquainted with a new interpretation of the classics, and be inspired by great art — all this can be done at VDNKh from July 23 to 27. For the eighth time, the main exhibition of our country is hosting the International Arts Festival “Inspiration”. This year, visitors will enjoy an expanded music program, as well as many theater productions, immersive shows, and performances by artists from Russia, Armenia, Egypt, India, Iran, Italy, China, and Turkey. Admission is free, but pre-registration is required for certain events. The program of festival events at outdoor venues may change depending on weather conditions. Spectators should monitor the weather forecast and dress accordingly.

    The impressive “Statue Opera” project was prepared by VDNKh especially for the festival. The most famous sculptures of the exhibition, which decorate pavilions No. 1, 59, 18 (Belarus), No. 11 (Kazakhstan), No. 66 (Uzbekistan), No. 67 (Karelia), as well as the fountains “Stone Flower” and “Friendship of Nations”, will literally sing for the guests.

    Near each sculpture there is a QR code, by clicking on which you can hear the track. This is a unique opportunity to conduct an audio study of the space where cultural heritage has found a voice.

    A special event of the festival will be a chamber concert by the Honored Artist of Russia, winner and laureate of international competitions Alexander Gindin “Schumann. Schubert. Chopin”The outstanding pianist will perform Arabesque by Robert Schumann, works by Franz Schubert and Franz Liszt, as well as Fantasy-Impromptu, two nocturnes and a scherzo by Frederic Chopin. The concert will take place on July 23 at 19:00 in the House of Culture, it will be a true dedication to the era of romanticism and will give the audience a meeting with the silence and depth of great music.

    One of the main musical events of “Inspiration” will be a large open-air symphony concert “Poetry of the Russian Waltz”. Conductor Ivan Nikiforchin, a rising star of the Russian and world classical music scene, will present a large symphony concert at “Inspiration”, which will feature fragments from the works of great Russian composers – Mikhail Glinka, Pyotr Tchaikovsky, Sergei Prokofiev, Sergei Rachmaninoff, Alexander Glazunov, Aram Khachaturian and Georgy Sviridov. The concert will take place on July 27 at 8:00 pm on Druzhby Narodov Square.

    Theater groups and artists will perform at 10 VDNKh venues, including the Main Alley and the square near the Friendship of Nations fountain, the Worker and Kolkhoz Woman pavilion, and the Slovo Museum of Slavic Literature.

    Among the most striking premieres are a storytelling performance, a street performance on a cube, an immersive performance – “epistolary action”, as well as a production by Turkish director Mehmet Birkje “War and Peace. Chapter 1”.

    The play based on the epic novel by Leo Tolstoy “War and Peace” will be performed on July 23 at 8:00 PM on the legendary stage of the Green Theater. The production by the Turkish director will reveal the great work of the classic in a new way for the audience.

    On July 23 and 24 at 9:30 p.m. on the Central Alley in front of the Lenin monument, a street performance by the Italian circus company Cubo will take place. The colorful show will unfold inside and outside a cube-shaped structure suspended from a crane.

    On July 25 and 26 at 17:00 and 21:00 in the foyer of the House of Culture you can see the plastic performance “E” by the group from Yerevan. The production will combine the beauty of the plasticity of the human body and the skill of puppet theater, telling the story of a lonely man trying to rediscover his essence. The performance is based on Vladimir Nabokov’s story “The Word”.

    The audience will also be able to appreciate the work of young actors from the Nemirovich-Danchenko School-Studio at the Chekhov Moscow Art Theatre. “Morphine” based on the story of the same name by M.A. Bulgakov. This performance about love, which becomes an addiction, the meaning of existence, weakness and destructive force at the same time, will take place at the VDNKh Culture House on July 24 at 19:00.

    On July 23 and 24 at 5:00 PM and 9:00 PM, the House of Culture will host an immersive performance, which involves interaction with the actors. “Red Lantern”This “epistolary action,” as the creators of the play call it, is based on the letters and diaries of the last director of the imperial theaters, Vladimir Telyakovsky, who served in this position for almost 20 years and was dismissed in the spring of 1917.

    And on July 26, the Central Alley will host the storytelling play “VDNKh: People. Time. Events” (directed by Maxim Filatov). Seven real stories of Muscovites formed the basis of the play, masterfully depicting the characters of people, important signs of the era and telling about amazing events that are hard to believe. A group of street musicians will give the play a special atmosphere, and the camera work of Rostislav Litsuk will place the necessary accents and focus the viewer’s attention on the actors’ performance.

    Holding events for VDNKh guests corresponds to the objectives of the national project “Tourism and Hospitality” and is the most important part of the VDNKh strategy until 2030.

    Arts Festival “Inspiration” is being implemented within the framework of the “Summer in Moscow” project.

    Project “Summer in Moscow”— the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and this season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: The main factor in the growth of exports from Georgia in the first half of 2025 was the re-export of passenger cars

    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

    Tbilisi, July 21 (Xinhua) — Georgia’s exports amounted to $3.2 billion in the first half of 2025, up 13 percent year-on-year, the National Statistics Office of Georgia reported on Monday.

    According to published data, the main factor behind the growth was the active re-export of passenger cars, the volume of which increased by 30 percent year-on-year and reached $1.2 billion.

    In terms of total exports, Kyrgyzstan remains Georgia’s largest sales market for the second year in a row. Exports to this country totaled $681 million, up 50 percent from the first half of last year. Kazakhstan ranked second with $414 million, and Azerbaijan third with $342 million.

    As for the export of goods of Georgian origin, it increased by 6.4 percent year-on-year, amounting to $1.473 billion. The largest markets for Georgian goods in the first half of 2025 were Russia /310.6 million dollars/, China /162.3 million dollars/ and Turkey /150.4 million dollars/. The main export goods were ferroalloys, mineral and fresh waters, carbonated drinks containing sugar, wine, nitrogen fertilizers, packaged medicines, as well as unprocessed and semi-processed gold. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Security: ICE Arrests Murderers, Pedophiles, and Rapists Over the Weekend

    Source: US Department of Homeland Security

    Under President Trump and Secretary Noem, ICE is working around-the-clock to remove the worst of the worst from American communities

    WASHINGTON – Today, the Department of Homeland Security (DHS) released the names and rap sheets of criminal illegal aliens arrested over the weekend—including murderers, pedophiles, and rapists. 

    “Over the weekend, our brave ICE agents arrested more depraved criminal illegal aliens including murderers, rapists, and three child pedophiles. These are the types of barbaric criminals our ICE law enforcement is arresting and removing from American communities every day,” said Assistant Secretary Tricia McLaughlin. “Despite an 830 percent surge in assaults against our ICE law enforcement officers, they continue to put their lives on the line to make American communities safer every day.”

    Below are some of the criminal illegal aliens arrested over the weekend:

    • ICE Dallas arrested Jose Arinaga-Ramirez, a 58-year-old illegal alien from Mexico, convicted of aggravated sexual assault of a child in San Antonio, TX. 
    • ICE Los Angeles arrested Chue Vue, a 37-year-old illegal alien from Laos, convicted of attempted murder and seven counts of assault with deadly weapon/instrument non-firearm that produced great bodily injury in Riverside, CA. 
    • ICE Philadelphia arrested Gil Salinas-Anaclo, a 35-year-old illegal alien from Peru, convicted of larceny in Northampton County, PA. 
    • ICE Houston arrested Gilmer Vertiz-Bustemante, a 37-year-old illegal alien from Mexico convicted of murder in Tarrant County, TX. 
    • ICE Buffalo arrested Andra Adams Scott, a 30-year-old illegal alien from Jamaica, convicted of attempted robbery in Queens County, NY. 
    • ICE Los Angeles arrested Henry Jose Marquez, a 55-year-old illegal alien from Venezuela, convicted of smuggling cocaine in Tampa, FL. 
    • ICE Boston arrested Jovinnel Giron Meneses, a 29-year-old illegal alien from the Philippines convicted of aggravated rape of a child, rape of a child with force, four counts of indecent assault and battery on a child under 14, and two counts of indecent assault and battery on a person over 14 in Middlesex, MA. 
    • ICE Philadelphia arrested Juan Ramirez-Velasquez, a 27-year-old illegal alien from Guatemala, convicted of rape of a victim under 12 years old in Dover, DE. 
    • ICE Atlanta arrested Emmanuel Evariste, a 39-year-old illegal alien from Haiti, convicted in the United States District Court, Boston District of conspiracy to possess with intent to distribute cocaine. 
    • ICE Buffalo arrested Sakir Akkan, a 22-year-old illegal alien from Turkey, convicted of rape three: anal sexual contact with a person incapable consent in Albany County, NY. 
    • ICE St. Louis arrested Nodir Negmatov, an illegal alien from Uzbekistan, who was attempting to pick up U.S. Department of State International Traffic in Arms Regulations (ITAR) controlled Joint Direct Attack Munition (JDAM) guidance kits, which convert unguided bombs into all-weather precision-guided munitions, at a Boeing plant in St. Charles, Missouri. 

    ###

    MIL Security OSI –

  • MIL-OSI: XRP price rises, CJB Crypto one-day mining contract becomes more popular

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 21, 2025 (GLOBE NEWSWIRE) — With the rising prices of mainstream cryptocurrencies such as XRP, ETH and BTC, CJB Crypto has attracted more and more users. In order to meet the needs of users to obtain passive income from digital assets such as Ripple (XRP), Bitcoin, Dogecoin, Ethereum, etc., the platform innovatively launched the mobile-first “One-Day Mining Contract”. The service relies on cloud facilities deployed in global data centers for mining, and users can get returns within 24 hours.

    Founded in London in November 2016, CJB Crypto is a leading global registered cryptocurrency cloud mining service provider. The platform has invested in and built more than 100 large mining farms and data centers in Canada, Kazakhstan, the United States, Russia and other countries. Its business covers 175 countries and regions around the world, and has served more than 7.5 million users in total.

    Start your CJB Crypto mining journey

    Easy registration: New users can enjoy a $10 reward upon registration, and can also get $0.6 for daily check-in.

    Choose a contract: After successful registration, choose a suitable mining contract based on your investment goals and budget. The platform provides a variety of contract plans, which can be easily participated by both novice and experienced users.

    Referral Bonus (Affiliate Program):

    Recommend friends to join, and you have the opportunity to win up to $20,000 in extra income every month.

    After your friend successfully registers and completes the first mining contract, you can immediately receive a 3% reward of their contract amount (for example: if your friend buys a $10,000 contract, you get $300).

    Cumulatively invite a certain number of active users, and you will have the opportunity to receive a one-time fixed bonus of up to $50,000.

    Unlimited income potential! The invitation mechanism is transparent and traceable, truly realizing “zero investment, home income generation”.

    Rich contracts, adapt to diverse needs
    After selecting and activating the contract, the system will automatically handle the subsequent mining process. CJB Crypto uses advanced technology to ensure efficient mining and help you maximize your potential income.

    Example contract returns (average daily):

    $10 contract (period: 1 day): $0.60

    $100 contract (period: 2 days): $3.50

    $500 contract (period: 5 days): $6.25

    $1,000 contract (period: 10 days): $13.00

    $5,000 contract (period: 30 days): $75.00

    Click to explore more contract options.

    Flexible settlement, support for multiple cryptocurrencies
    Mining income is settled in USDT by default. But you can freely choose to exchange the income for mainstream digital assets such as XRP, Solana, ETH or BTC. Asset allocation, control at will.

    Reasons why CJB Crypto is popular
    Since its launch, the platform has gathered more than 7.5 million users worldwide, and its core advantages of “zero threshold, security, convenience and efficiency” have been widely recognized. A 70-year-old American user shared: “Through sign-in and invitation rewards, I can steadily increase my income by thousands of dollars every month. The platform’s smart mining really helps me achieve my passive income goal.” This is exactly the original intention of CJB Crypto to open smart mining services-to allow everyone to easily participate, share the growth dividends of digital assets, and experience the fun of multiple feedback.

    About CJB Crypto
    As the world’s leading compliant cloud mining platform, CJB Crypto is committed to serving mass investors, not just technical experts, with high-quality applications, green and environmentally friendly global cloud infrastructure and perfect support. The platform adheres to the principle of “user first, safety and efficiency, and controllable risks”, lowers the threshold for industry participation through technological innovation, and promotes the development of inclusive finance.

    For more details and how to participate: https://cjb.top/

    The MIL Network –

  • MIL-OSI: XRP price rises, CJB Crypto one-day mining contract becomes more popular

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 21, 2025 (GLOBE NEWSWIRE) — With the rising prices of mainstream cryptocurrencies such as XRP, ETH and BTC, CJB Crypto has attracted more and more users. In order to meet the needs of users to obtain passive income from digital assets such as Ripple (XRP), Bitcoin, Dogecoin, Ethereum, etc., the platform innovatively launched the mobile-first “One-Day Mining Contract”. The service relies on cloud facilities deployed in global data centers for mining, and users can get returns within 24 hours.

    Founded in London in November 2016, CJB Crypto is a leading global registered cryptocurrency cloud mining service provider. The platform has invested in and built more than 100 large mining farms and data centers in Canada, Kazakhstan, the United States, Russia and other countries. Its business covers 175 countries and regions around the world, and has served more than 7.5 million users in total.

    Start your CJB Crypto mining journey

    Easy registration: New users can enjoy a $10 reward upon registration, and can also get $0.6 for daily check-in.

    Choose a contract: After successful registration, choose a suitable mining contract based on your investment goals and budget. The platform provides a variety of contract plans, which can be easily participated by both novice and experienced users.

    Referral Bonus (Affiliate Program):

    Recommend friends to join, and you have the opportunity to win up to $20,000 in extra income every month.

    After your friend successfully registers and completes the first mining contract, you can immediately receive a 3% reward of their contract amount (for example: if your friend buys a $10,000 contract, you get $300).

    Cumulatively invite a certain number of active users, and you will have the opportunity to receive a one-time fixed bonus of up to $50,000.

    Unlimited income potential! The invitation mechanism is transparent and traceable, truly realizing “zero investment, home income generation”.

    Rich contracts, adapt to diverse needs
    After selecting and activating the contract, the system will automatically handle the subsequent mining process. CJB Crypto uses advanced technology to ensure efficient mining and help you maximize your potential income.

    Example contract returns (average daily):

    $10 contract (period: 1 day): $0.60

    $100 contract (period: 2 days): $3.50

    $500 contract (period: 5 days): $6.25

    $1,000 contract (period: 10 days): $13.00

    $5,000 contract (period: 30 days): $75.00

    Click to explore more contract options.

    Flexible settlement, support for multiple cryptocurrencies
    Mining income is settled in USDT by default. But you can freely choose to exchange the income for mainstream digital assets such as XRP, Solana, ETH or BTC. Asset allocation, control at will.

    Reasons why CJB Crypto is popular
    Since its launch, the platform has gathered more than 7.5 million users worldwide, and its core advantages of “zero threshold, security, convenience and efficiency” have been widely recognized. A 70-year-old American user shared: “Through sign-in and invitation rewards, I can steadily increase my income by thousands of dollars every month. The platform’s smart mining really helps me achieve my passive income goal.” This is exactly the original intention of CJB Crypto to open smart mining services-to allow everyone to easily participate, share the growth dividends of digital assets, and experience the fun of multiple feedback.

    About CJB Crypto
    As the world’s leading compliant cloud mining platform, CJB Crypto is committed to serving mass investors, not just technical experts, with high-quality applications, green and environmentally friendly global cloud infrastructure and perfect support. The platform adheres to the principle of “user first, safety and efficiency, and controllable risks”, lowers the threshold for industry participation through technological innovation, and promotes the development of inclusive finance.

    For more details and how to participate: https://cjb.top/

    The MIL Network –

  • MIL-OSI Russia: Presidents of Kyrgyzstan and Mongolia discussed key areas of bilateral cooperation

    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

    BISHKEK, July 21 (Xinhua) — Talks were held in Bishkek on Monday between Kyrgyz President Sadyr Japarov and Mongolian President Ukhnaagiin Khurelsukh as part of the latter’s state visit to the Kyrgyz Republic, the Kyrgyz president’s Telegram channel reported.

    The parties discussed key areas of bilateral cooperation, including politics, trade and economics, transport and agriculture. Particular attention was paid to digitalization, the development of cultural and humanitarian ties and tourism.

    S. Japarov emphasized that Kyrgyzstan and Mongolia are states historically linked by ties of friendship, the roots of which go back to ancient times. “Comprehensive cooperation with Mongolia is one of the priority areas of development of Kyrgyzstan’s foreign policy,” he noted.

    The President of Kyrgyzstan expressed confidence that the visit of the head of Mongolia will give a powerful impetus to further strengthening political dialogue, expanding trade and economic ties and developing cultural and humanitarian cooperation.

    In turn, U. Khurelsukh emphasized that this visit provides a good opportunity to jointly with the President of Kyrgyzstan to sum up the 30-year path of bilateral relations, assess the implementation of the agreements reached, and also determine priority areas and prospects for cooperation filled with specific economic content.

    “For Mongolia, Kyrgyzstan is an important partner in Central Asia and a kind of bridge connecting the region. We strive to develop mutually beneficial cooperation in all areas, especially in the trade and economic sphere,” the President of Mongolia noted.

    Following the talks, the heads of the two states signed a Joint Declaration on the establishment of a comprehensive partnership between Kyrgyzstan and Mongolia, as well as a number of other documents aimed at increasing cooperation. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Chinese city of Shangluo and Fergana establish sister city relations

    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

    BEIJING, July 21 (Xinhua) — Shangluo City in northwest China’s Shaanxi Province and Fergana City, capital of Uzbekistan’s Fergana Region, recently established sister city relations.

    The protocol of intent to develop twinning relations was signed on July 14 during the visit of the trade and economic delegation of the city of Shangluo to Uzbekistan. Thus, the number of twin cities of Shangluo has increased to five, the newspaper “Shaanxi Ribao” /daily newspaper “Shaanxi”/ writes with reference to a source in the city’s commerce department.

    The department stated that the establishment of sister city relations between the cities of Shanlo and Fergana will allow bilateral trade, economic, cultural and educational contacts and cooperation to reach a new level.

    Shangluo City is located at the southern foot of the eastern Qinling Mountains and borders the provinces of Hubei and Henan. Its total area is 19.3 thousand square kilometers. The city includes one urban district and six counties, with a total population of 2.02 million.

    The Shangluo City government will comprehensively expand openness, deepen exchanges and cooperation with partners, expand the international sister city network and promote high-quality development, the newspaper wrote. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Goods from Belarus were imported to Xinjiang for the first time through the border trade zone located at the Khorgos checkpoint.

    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

    BEIJING, July 21 (Xinhua) — A batch of crystal goblets from Belarus cleared customs and entered the Horgos border trade zone in northwest China’s Xinjiang Uygur Autonomous Region on Saturday, becoming the first batch of goods imported from Belarus to Xinjiang under the trade regime in the zone, filling a gap in direct trade between the region and Belarus, according to the press service of the Horgos city government.

    These goods from Belarus weigh more than 3 tons and cost 340 thousand yuan (approximately 47.54 thousand US dollars) include 25 items, said a representative of the border trade zone at the Khorgos checkpoint, adding that the zone is focused on importing specific goods from Uzbekistan, Kyrgyzstan, Kazakhstan, Russia and other countries to expand the range of imported products.

    According to the city’s Commerce Bureau, in the first six months of this year, more than 3,820 tons of goods were imported through the border trade zone located at Horgos Port, with the trade volume exceeding 42.9 million yuan, bringing in 429,200 yuan in revenue for local merchants.

    To date, there have been 60 Chinese and foreign trading shops registered in the zone, as well as more than 4,000 local traders on the Chinese side. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: In the first half of 2025, more than 20 million tons of cargo were imported and exported through the Khorgos checkpoint

    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

    URUMQI, July 21 (Xinhua) — The volume of import and export cargo through Horgos Port in northwest China’s Xinjiang Uygur Autonomous Region totaled 22.255 million tons in January-June 2025, up 4.3 percent year on year, according to Horgos Customs.

    In this indicator, Khorgos ranked first among all checkpoints in Xinjiang.

    The imported goods mainly included electromechanical products, raw copper and copper materials, agricultural products, foodstuffs, metal ore, concentrate, etc., of which the most notable increase was in the volume of trade in imported food products. And the range of export goods mainly included new energy vehicles, electromechanical products, new and high-tech products, clothing, textiles, etc.

    Located on the China-Kazakhstan border, Horgos Port is the country’s first-class land port with the longest history and the largest total volume of cargo in western China. Through the implementation of a series of reform measures at the road and rail ports, Horgos Port continues to improve the efficiency of customs clearance.

    In the first half of this year, the volume of import and export of goods through the Khorgos railway checkpoint reached 6.923 million tons, an increase of 22 percent year-on-year. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: 52 performances to take place at XUAR International Dance Festival

    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

    URUMQI, July 21 (Xinhua) — The 7th China Xinjiang International Folk Dance Festival opened Sunday in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The event will feature 52 performances and will run until Aug. 5.

    The event features 24 dance troupes, including groups from eight foreign countries – Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan, the United States, Italy and Cambodia – as well as 16 domestic troupes. Performances include dance dramas, operas, ballet and modern dances.

    With Urumqi as the main venue, the festival will also feature performances in regions such as Ili Kazakh Autonomous Prefecture, Hotan, Aksu, Karamay, Hami and Alaer.

    Associated events include a Silk Road-themed street dance show, performances by local dance troupes, an international dance carnival and a traditional opera week.

    The festival, jointly organized by the Ministry of Culture and Tourism of the People’s Republic of China, the State Council Information Office of the People’s Republic of China and the Xinjiang Uygur Autonomous Region People’s Government, has been held since 2008. The previous six such events have attracted 138 troupes from more than 70 countries and regions, becoming a key platform for cultural exchanges under the Belt and Road Initiative. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: International pop music festival kicks off on the shores of Lake Issyk-Kul

    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

    Cholpon-Ata, Kyrgyzstan, July 20 (Xinhua) — The 4th International Pop Music Festival “Making Asia” opened at the hippodrome in Cholpon-Ata, Issyk-Kul region of Kyrgyzstan on Sunday.

    Talented artists from more than 20 countries of Asia and Europe came to the event. Among them were performers from Kazakhstan, Turkey, Russia, as well as the best representatives of the Kyrgyz stage.

    As reported, the festival guests will have a rich program, which includes performances and cultural exchanges. The event is aimed at promoting the international image of Kyrgyzstan, its integration into the global tourism and humanitarian space.

    The festival will run until July 22. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI: From Smartphone to Crypto Yield: How Quid Miner Is Simplifying Cloud Mining for BTC and DOGE in 2025

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 20, 2025 (GLOBE NEWSWIRE) — As cryptocurrency matures into a mainstream financial instrument, a new wave of investors is looking for ways to generate steady returns without the volatility of day trading. In response to this demand, Quid Miner has launched a streamlined mobile platform that brings cloud mining to users across 180+ countries, enabling anyone with a smartphone to participate in digital asset production.

    Redefining Access to Mining
    Founded in the UK in 2010, Quid Miner removes the complexity from crypto mining. With just a few taps, users can mine popular assets like BTC, ETH, XRP, DOGE, and LTC — no rigs, no coding, no guesswork. The platform uses artificial intelligence to dynamically allocate computing power, ensuring optimal performance across multiple mining pools.

    “Mining used to be a high-barrier activity,” said a Quid Miner spokesperson. “We’ve changed that. Now anyone can get started in minutes — securely and profitably.”

    What Is Cloud Mining?
    Cloud mining allows individuals to lease computing power from professional data centers to mine cryptocurrencies. Instead of managing expensive hardware, users subscribe to mining contracts on platforms like Quid Miner and receive daily earnings directly in their wallets.

    This approach is ideal for users seeking passive income or portfolio diversification without the time or technical skills required for traditional mining setups.

    Why It Matters
    In a market shaped by global inflation, unpredictable interest rates, and rising institutional scrutiny, Quid Miner provides an alternative income stream that’s automated and resilient. For both seasoned crypto enthusiasts and curious newcomers, cloud mining offers a path to sustainable yield.

    Quid Miner Platform Highlights:

    1. AI Optimization Engine: Maximizes returns by auto-balancing across coins and pools
    1. Robust Security: McAfee® and Cloudflare® technologies ensure safe, uninterrupted access
    1. Multi-Coin Support: BTC, ETH, DOGE, XRP, LTC, and more
    1. Incentives: New users receive a $15 mining credit; bonuses for referrals and participation
    1. Mobile-First Interface: Available on iOS and Android for full on-the-go control

    Simple steps to start cloud mining with Quid Miner
    1.Choose Qudi Miner as your provider: Quid Miner offers a $15 free mining plan, and users can earn $0.60 in passive income every day for free.

    2.Create an account: Sign up with your email address, log in to the dashboard and start mining immediately.

    3. Contract selection: A variety of mining plans are available to meet different budgets and investment preferences.

    Click to view all contract plans

    About Quid Miner

    Quid Miner was legally registered in the UK in 2010 and is headquartered in the UK. Strictly abiding by international regulatory standards, the company has continuously expanded its global layout and technical capabilities since launching cloud mining services in 2018.

    Currently, the company has multiple stable strategic mining centers in the United States, Canada, the United Arab Emirates and Kazakhstan, providing strong and stable computing power support for users from more than 180 countries and regions. The company provides 24-hour multilingual customer service to ensure that global users receive fast response and personalized support and enjoy an efficient mining experience.

    Beyond Just Mining
    Quid Miner reflects the broader shift in crypto investing — from short-term speculation to long-term infrastructure. As platforms like this become more user-centric and intuitive, they’re opening the door for anyone to become a digital asset producer.

    Explore intelligent income tools built for the next era of crypto.
    Download the Quid Miner app or register now and start earning today.

    Email: info@quidminer.org

    Official Website: https://www.quidminer.com/

    App Download: iOS and Android dual-end support

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI Russia: Air China Launches Direct Flights Between Beijing and Tashkent

    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

    Tashkent, July 20 /Xinhua/ — Chinese airline Air China has launched regular flights between Beijing and Tashkent for the first time, Xinhua was told from Tashkent International Airport.

    On Saturday at 19:40 local time, the first Air China flight landed at Tashkent International Airport. The crew and passengers, who arrived on a modern Boeing-737 airliner, were greeted with a traditional water arch and flowers.

    “We are pleased to welcome a new partner in the person of Air China at Tashkent airport. We are confident that this route will be in high demand among passengers. Our team has provided all the necessary conditions for high-quality service of this route,” said Umid Khamrayev, First Deputy Director of Uzbekistan Airports Handling.

    Flights operate three times a week – on Tuesdays, Thursdays and Saturdays. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: NPC Standing Committee Chairman Zhao Leji to Visit Kyrgyzstan, Hungary, Switzerland, Attend World Conference of Speakers of Parliament

    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

    BEIJING, July 20 (Xinhua) — Zhao Leji, chairman of the Standing Committee of the National People’s Congress (NPC), will pay official friendly visits to Kyrgyzstan, Hungary, Switzerland from July 23 to 31 and attend the 6th World Conference of Speakers of Parliament in Switzerland.

    Zhao Leji will make these visits at the invitation of the Speaker of the Zhogorku Kenesh of Kyrgyzstan Nurlanbek Turgunbek uulu, the Speaker of the National Assembly of Hungary Laszlo Kövér, the President of the Swiss National Council Maja Riniker and the President of the Council of States of Switzerland Andrea Caroni, as well as the President of the Inter-Parliamentary Union (IPU) Tulia Axson and the Secretary General of the IPU Martin Chungong. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI China: China’s top legislator to visit Kyrgyzstan, Hungary, Switzerland, attend world parliament speakers conference

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

    China’s top legislator Zhao Leji will pay official goodwill visits to Kyrgyzstan, Hungary and Switzerland from July 23 to 31, and attend the Sixth World Conference of Speakers of Parliament while in Switzerland.

    Zhao, chairman of the National People’s Congress Standing Committee, will make the visits at the invitation of Kyrgyz Parliament Speaker Nurlanbek Turgunbek uulu, Speaker of the Hungarian National Assembly Laszlo Kover, Presidents of the National Council of Switzerland Maja Riniker and President of the Council of States of Switzerland Andrea Caroni, as well as President of Inter-Parliamentary Union (IPU) Tulia Ackson and IPU Secretary General Martin Chungong.

    MIL OSI China News –

  • MIL-OSI Russia: Production of First China-Kazakhstan Web Series Starts in Xi’an

    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

    BEIJING, July 19 (Xinhua) — The production of the first China-Kazakhstan joint web series “Waiting for You in Ili” (Ili Kazakh Autonomous Prefecture, Xinjiang Uygur Autonomous Region, northwest China) was officially launched on July 16 at the 2nd Shanghai Cooperation Organization (SCO) TV Festival in Xi’an, capital of northwest China’s Shaanxi Province, marking a new breakthrough in SCO cooperation in the field of audiovisual content.

    Set against the backdrop of the picturesque Ili Valley, “Waiting for You in Ili” will focus on the coming of age of the young generation in a new era and international friendship. The film will tell a touching story of meeting, understanding and love between young people from China and Kazakhstan with different backgrounds who start a business together and strive for their dreams. The series vividly demonstrates the persistent pursuit of ideals and boundless love for life of today’s youth.

    According to the website of the Xinjiang Uygur Autonomous Region Radio and Television Administration, representatives of production and production organizations from the Chinese and Kazakh sides jointly launched the project at the ceremony.

    Cai He, head of the above-mentioned department, emphasized that “I am waiting for you in Ili” is a vivid practice of cultural exchange and cooperation within the SCO. The project not only inherits the spirit of mutual enrichment of civilizations along the ancient Silk Road, but also serves as an important link for deepening friendship between the peoples of China and Kazakhstan. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Guangdong Province’s Imports, Exports Reach Record Highs in H1 2025

    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

    GUANGZHOU, July 19 (Xinhua) — South China’s Guangdong Province’s import and export volumes hit a record high in January-June 2025, compared with the same periods in previous years, according to data from the Guangdong branch of the General Administration of Customs.

    Guangdong Province’s total foreign trade reached 4.55 trillion yuan (about 633.9 billion U.S. dollars), up 4 percent year on year and 1.1 percentage points higher than China’s average growth rate. Exports totaled 2.89 trillion yuan, up 1.1 percent year on year, while imports surged 9.5 percent to 1.66 trillion yuan.

    Since the third quarter of 2023, Guangdong Province has maintained positive growth for eight consecutive quarters. Trade forms have been continuously optimized. In the first half of 2025, the proportion of imports and exports carried out in the form of general trade was about 60%. The import and export volume of bonded logistics business was 912.62 billion yuan, an increase of 14% year on year, exceeding that of processing trade.

    During the reporting period, Guangdong Province registered 130,000 foreign trade enterprises that actually carried out imports and exports, more than 9,000 more than the same period a year earlier. In particular, the number of non-state enterprises reached about 110,000, accounting for 84 percent of the total number of foreign trade enterprises, and their turnover exceeded 60 percent of the province’s total foreign trade.

    Guangdong Province’s trading partners are becoming more diversified. In the first half of the year, Guangdong’s foreign trade with countries participating in the Belt and Road Initiative amounted to 1.79 trillion yuan, up 3.8 percent. At the same time, the province’s trade with the Hong Kong Special Administrative Region, the European Union, Taiwan, Japan and the Republic of Korea also increased. In addition, trade with Africa and the five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan) grew by 8.5 percent and 23.1 percent, respectively, exceeding the overall figure.

    Guangdong Province’s high-tech and branded product exports continue to grow. The export volume of electromechanical products increased by 7.2 percent to reach 1.96 trillion yuan, accounting for nearly 70 percent of the province’s total export volume. Meanwhile, the export volume of products under its own brands amounted to 655.27 billion yuan, an increase of 11.2 percent.

    Thanks to the expansion of domestic demand, imports of electromechanical products increased by 19.3 percent in January-June 2025, reaching 1.16 trillion yuan, accounting for 70 percent of the province’s total imports. In addition, imports of consumer goods including food, cosmetics and personal care products also increased. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China has trained the first teachers for the second Lu Ban Workshop in Kazakhstan

    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

    BEIJING, July 19 (Xinhua) — The Tianjin Vocational Institute (TVI) in northern China recently completed training for the first group of teachers who will work at the second Lu Ban Workshop in Kazakhstan, the Tianjin Daily newspaper reported.

    The course participants included 15 teachers from the L.N. Gumilyov Eurasian National University (ENU) in Astana, Kazakhstan. During the artificial intelligence (AI) training, which started on June 23, they studied four core disciplines – data mining, machine learning, deep learning, and industrial internet – and also received practical training in AI-related technologies, a collaborative robot, and an unmanned aerial vehicle (UAV).

    Last year, a memorandum of cooperation was signed between TPI and ENU on the joint creation of the second Lu Ban Workshop in Kazakhstan, which will focus on AI. The first such institution in this country, founded with the support of TPI and aimed at training specialists in the field of transport and communications, was put into trial operation in 2023.

    As the teacher of this training, TPI teacher Li Guohui said: “We specially designed these training courses aimed at the industrial development of Kazakhstan. In particular, according to the scenarios of UAV technology application in local agricultural activities, the cadets from Kazakhstan not only learned flight control, but also completed a series of practical tasks, including mapping agricultural land.”

    He added that the first batch of training equipment intended for the second Lu Ban Workshop in Kazakhstan had already been delivered to the country, and installation and commissioning work would soon begin.

    Lu Ban Workshop, named after the famous ancient Chinese craftsman Lu Ban, is a brand of international vocational education initiated and promoted by Tianjin City Government.

    To date, China has built 34 Lu Ban Workshops in 30 countries and regions around the world. 10 of them were established in Kazakhstan, Tajikistan, Uzbekistan, Russia, Pakistan, Cambodia, Egypt and other SCO countries. -0-

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

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  • MIL-OSI Russia: Xinjiang Exhibition Hall of “Silk Road Cooperation Chain” Displayed at the 3rd China International Expo on Supply Chain Promotion

    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

    The 3rd China International Supply Chain Expo (CISCE) will be held in Beijing from July 16 to 20, 2025, under the theme of “Connecting the World for a Shared Future”.

    At this exhibition, the Xinjiang Council for the Promotion of International Trade carefully organized the “Silk Road Cooperation Chain” exhibition hall. Three main exhibition areas were set up: Central Asian energy enterprises, Xinjiang energy enterprises, and Xinjiang textile and garment products. A number of energy and related companies from Xinjiang are participating in the event. Leading enterprises from Central Asia, including Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan, were specially invited to participate in the exhibition. The products, technologies, development plans and cooperation needs of these companies were presented in a multimedia format, through videos, stands, samples and models.

    The exhibition hall of “Silk Road Cooperation Chain” is themed “Beautiful and Open Xinjiang”, interpreting the charm and openness of Xinjiang through visual means. An interactive area dedicated to the Tianshan train of the China-Europe (Central Asia) railway has been specially set up in the exhibition hall, allowing visitors to experience in an immersive way the important role that Xinjiang plays in the trade and logistics corridors of the Silk Road Economic Belt.

    In addition, a special area for international regional cooperation talks has been set up in the exhibition hall to promote technical exchanges and industry cooperation between Xinjiang and other countries in the field of clean energy, and advance practical cooperation in energy and high technology, so as to contribute to the high-quality development of the Belt and Road Initiative.

    Author of the article and photo: Tao Lijiao

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

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  • MIL-OSI Russia: More than 6 tons of drugs seized in Kazakhstan in six months

    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

    ALMATY, July 18 (Xinhua) — More than 6 tons of narcotic substances were seized from illegal circulation in Kazakhstan in January-June 2025, the press service of the Ministry of Internal Affairs of Kazakhstan reported on Friday.

    During the specified period, approximately 4,000 drug-related offenses were identified, of which almost 1,800 were classified as serious and especially serious crimes.

    21 criminal cases have been opened on the facts of the creation and management of organized criminal groups, including the liquidation of 2 transnational criminal groups. –0–

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

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  • MIL-OSI Russia: In the first half of the year in Uzbekistan, the volume of foreign currency trade between banks and the population increased by 24 percent.

    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

    Tashkent, July 18 (Xinhua) — In the first six months of 2025, the volume of foreign exchange transactions between banks and individuals in Uzbekistan amounted to 14.5 billion US dollars. This is 24 percent more compared to the same period last year, local media reported on Friday, citing the Central Bank of Uzbekistan.

    According to the report, banks purchased $9.1 billion from the population in the first half of the year. This is 27 percent more than in the same period last year.

    The volume of currency sold by banks to individuals amounted to $5.4 billion, which is 18 percent more than in the same period last year.

    In 2024, the total volume of foreign currency trade between banks and the population in Uzbekistan amounted to $25.5 billion. –0–

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

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  • MIL-OSI Africa: United Nations (UN) Human Rights Committee publishes findings on Guinea-Bissau, Haiti, Kazakhstan, Latvia, North Macedonia, Spain, and Viet Nam

    Source: APO


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    The UN Human Rights Committee today issued its findings on Guinea-Bissau, Haiti, Kazakhstan, Latvia, North Macedonia, Spain and Viet Nam, following its review of these States parties during its 144th session.

    The findings highlight positive developments and outline key concerns and recommendations regarding each country’s implementation of the International Covenant on Civil and Political Rights (ICCPR). Key issues include:

    Guinea-Bissau

    The Committee noted with concern that despite constitutional guarantees, the judiciary remains vulnerable to political interference and pressure from criminal networks. It urged the State party to strengthen the independence and functioning of the judiciary by, among others, providing increased resources to the judicial system. The Committee also raised concerns about restrictions of peaceful assembly, intimidation of human rights defenders, and interference with trade unions, urging the authorities to respect and protect civic space.

    Haiti

    The Committee expressed concern about the impact of ongoing large-scale gang violence on the Haitian population and the inability of the police to stop it. It called on the State party to take steps to fully comply with its obligations to protect the right to life, including by implementing a public policy to dismantle the gangs and “self-defence brigades”, and to redouble efforts to prevent and eliminate corruption in state institutions, one of the root causes of insecurity and human rights violations.

    Kazakhstan

    The Committee expressed concern that counter-terrorism efforts may be unduly restricting civic space and about reports of the use of force and acts of torture by law enforcement officials against members of civil society. It urged the State party to bring its counter-terrorism efforts in line with its international human rights law obligations and ensure that all allegations of excessive use of force are properly investigated and that victims are provided with remedies.

    Latvia

    The Committee raised concerns about border protection measures restricting asylum access, which it said expose refugees to the risk of non-refoulement and ill-treatment. It called on the authorities to ensure all individuals in need of international protection are assessed fairly and efficiently and to investigate allegations of pushbacks and ill-treatment of refugees at border points.

    North Macedonia

    The Committee was concerned that despite progress achieved in some areas, including the adoption of a strategy for the inclusion of Roma 2022-2030, discrimination and marginalization against the Roma community remained significant, with its members experiencing high levels of poverty and exclusion, and subjected to ethnic profiling. It called on the authorities to embrace poverty reduction efforts and improve advocacy and awareness to address anti-Roma discrimination.

    Spain

    The Committee welcomed progress made in areas of memory, truth and reparation for past human rights violations, including the adoption of the 2022 Democratic Memory Law and the establishment of a Prosecutor for Human Rights and Democratic Memory, but expressed regrets that the 1977 Amnesty Law remains active and that proceedings initiated in 2010 for violations committed during the Spanish Civil War and the Franco Dictatorship have not resulted in any effective actions. It also expressed concern about violent incidents of pushbacks of refugees and the alleged excessive use of force by border agents in Ceuta in 2014 and Melilla in 2022, resulting in serious injuries and deaths. It called on the authorities to implement fair asylum procedures that respect the principle of non-refoulement and to investigate the incidents of excessive use of force in Ceuta and Melilla.

    Viet Nam

    The Committee welcomed the recent removal of the death penalty for eight crimes in Viet Nam. However, it remained concerned that the death penalty remains for ten crimes, including non-violent crimes. The Committee called on the State party to refrain from carrying out executions by maintaining a de facto moratorium. The Committee also raised concerns about reports of torture and ill treatment of detainees. The full Concluding Observations are available on the session page.

    Distributed by APO Group on behalf of United Nations: Office of the High Commissioner for Human Rights (OHCHR).

    MIL OSI Africa –

  • MIL-OSI Russia: The incoming and outgoing passenger traffic through Tianshan Airport in China’s Xinjiang has exceeded 500,000 person-times this year.

    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

    BEIJING, July 18 (Xinhua) — The incoming and outgoing passenger flow at the checkpoint of Tianshan International Airport in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region, in 2025 exceeded 500,000, up 65.2 percent year on year as of July 14, the Xinjiang Daily reported.

    This year, this level of passenger traffic was achieved 77 days earlier than last year, the department added.

    According to Luo Minxuan, an employee of the department, over 146 thousand foreigners entered China through the checkpoint at Tianshan Airport during the reporting period, which is 1.3 times more than during the same period in 2024. Among them, more than 39 thousand people took advantage of the visa-free regime.

    In addition to the existing 24 international passenger air routes, the airport recently opened two new routes – Urumqi-Tianjin (Northern China)-Osaka (Japan) and Urumqi-Shymkent (Kazakhstan), which once again stimulated the demand for business and tourist travel to foreign countries.

    According to Luo Minxuan, the airport has seen a significant increase in the number of family tours abroad and cross-border tour groups. She added that over 60 percent of Chinese citizens who left the country through the Tianshan checkpoint went to five Central Asian countries as well as the Transcaucasian countries, including Armenia, Azerbaijan and Georgia. -0-

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

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