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Category: Russian Federation

  • MIL-OSI Russia: The NSU History Museum exhibition “The Great Patriotic War in Faces. Novosibirsk State University” opened at NSU

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    The exhibition presents the stories of people who directly participated in military actions or were engaged in scientific activities and made a tangible contribution to the victory of the people of the Soviet Union over fascist Germany. In total, the exhibition contains 126 portraits. Until May 23, the exhibition can be seen in the second-floor passage between the first and third blocks of the NSU Academic Building (1 Pirogova St.).

    — Of course, there are academicians here. For example, Mikhail Alekseevich Lavrentyev, Hero of Socialist Labor, laureate of the Lenin and State (Stalin) Prizes. He received some of these awards for his scientific contribution to the people’s victory. He was awarded the Order of the Patriotic War, Second Class, and five Orders of Lenin. His research and the cumulative shells he developed played a major role and influenced the outcome of the Battle of Kursk in 1943. Among the veterans, those people who made a significant contribution, there are many researchers. For example, Aleksey Andreyevich Lyapunov, Corresponding Member of the USSR Academy of Sciences. He was a very young lieutenant when, during offensive battles in the area of the Kursk Magnetic Anomaly, he made an adjustment for magnetic deviation in the artillery calculation, which ensured the success of the artillery preparation, — said Lidiya Vorobtsova, Director of the NSU History Museum.

    Another participant in the war was Samson Semenovich Kutateladze, an academician, founder of one of the leading scientific schools in thermal physics and hydrodynamics. He was at the front from August 1941 to May 1945. The legendary rector of NSU Spartak Timofeevich Belyaev, an academician, professor, has many awards, he went through the entire war and was demobilized with the rank of junior lieutenant.

    The exhibition presents stories not only of outstanding scientists and academicians, but also of those people who worked and taught at NSU. For example, Angelina Ivanovna Kuzmina is a linguist and participant in the Great Patriotic War.

    — I personally remember her very well. When I was studying at the Humanities Department, in the late 1970s — early 1980s, Angelina Ivanovna taught us German. She went through almost the entire war from the spring of 1942 until its end. She was a telegraph operator, a radio operator, and a communications platoon commander, and also worked as a translator during this period. She was a unique person, a candidate of philological sciences, an associate professor at our university. A very charming and positive-minded woman, — recalls Lidiya Vorobtsova.

    Luiza Stefanovna Bocharova is a candidate of economic sciences, a senior lecturer, and later an associate professor of the political economy department of our university. She worked in counterintelligence at the headquarters of the 2nd Air Army of the Southwestern Front, and later the 1st Ukrainian Front.

    The exhibition also features a portrait and history of Lev Yakovlevich Savelyev, a professor at the NSU Department of Higher Mathematics and a participant in the Great Patriotic War. Lev Yakovlevich was born in 1929 in Odessa. At the age of 14, he volunteered for the Red Army, and in a short period of time, he received the qualification of “3rd class radio operator-telegraphist” and the military rank of “corporal” at radio operator courses. After demobilization in August 1945, Lev Yakovlevich continued his studies at school, and two years later he became a student at the Mathematics Department of Moscow State University. After graduating from Moscow State University, he came to Novosibirsk, where NSU had just opened. He taught courses in mathematical and functional analysis, probability theory and mathematical statistics, random processes, and many others.

    We can literally talk for a very long time about each “hero” of the exhibition, because each one made their own contribution to the Victory.

    — I think that students, teachers, and staff will be very pleased to see and read about the people who are presented at the exhibition. In addition, we have two special pages on the website of the NSU History Museum. One is also dedicated to the participants of the Great Patriotic War, and the second page is called “War Participants Remember,” that is, these are memories of the war years. You can always go to the website of our museum and get to know them. The heroes of these stories describe their time and how they, still very young guys, many just after finishing school, went to war. Some left universities, some just graduated from university and went to the front at that time. Recently, we had an exhibition dedicated to the 100th anniversary of the birth of one of the oldest professors of the Humanities Institute, then the Humanities Faculty, Varlen Lvovich Soskin. In the exposition, we presented more extensive information about the period when he was at war. Overall, we have war photographs of about half of the war participants, so there is something to look at and appreciate, to be proud of those people who taught and worked at our university, and those thanks to whom we are now celebrating this wonderful holiday, Victory Day, – summed up Lidiya Vorobtsova.

    The exhibition materials were collected from several sources. These include materials from the NSU History Museum, personal files from the NSU archive, written memoirs of combatants, and photographs of the “Victory Relay” that took place in 2010. At one time, for the 30th anniversary of the Victory in 1975, a large stand was displayed on the wall near the Maltsevskaya Auditorium, which is located in the main, historical building of NSU, where about 70 war veterans were presented. The NSU History Museum supplemented this information over time. In addition to the materials from the 1970-80s exhibitions, the Museum staff analyzed reference publications for the 75th anniversary of the Great Victory, which also mention the stories of Siberian front-line soldiers. The NSU Social Management Department, which works directly with WWII veterans, helped to fill in some personal stories and also display them along with the portraits at the exhibition.

    Today’s exhibition presents the most complete information on the majority of those people who are associated with Novosibirsk State University and the Siberian Branch of Sciences of the Russian Academy of Sciences and who are direct participants in the Great Patriotic War or contributed to the Victory through their scientific work.

    In addition to portraits and stories of NSU employees, teachers and scientists, the exhibition features a digital panel with documents from the Novosibirsk Regional Archives, which are dedicated to the heroism of Siberians during the Great Patriotic War. The demonstration was organized by Andrey Vladimirovich Dmitriev, head of the Department of Russian History at the NSU Humanities Institute. The exhibition includes three expositions:

    “Breakthrough Division”

    The exhibition is dedicated to the combat path of the 133rd Rifle Division, later the 18th Guards Division, formed before 1941 in Novosibirsk and taking part in many battles of the Great Patriotic War. This division fought on the Kalinin Front in the autumn of 1941 and in the winter of 1941-1942 during the Battle of Moscow, participated in battles near Rzhev, in Belarus and the Baltics, and ended its journey on the territory of East Prussia.

    “Novosibirsk residents to the front”

    The exhibition presents materials related to the history of the 150th Rifle, then 22nd Guards Siberian Volunteer Division, created in Novosibirsk in the summer of 1942. Those people whose names are given to the streets of our city fought and died in its ranks: Mikhail Perevozchikov, Boris Bogatkov, Olga Zhilina.

    “Novosibirsk – a city of labor valor”

    The exhibition contains systematized data on the contribution of our fellow countrymen who remained in the rear to achieving Victory. Among them, one can highlight the collection of funds and voluntary donations, the production of weapons, the procurement of food and much more. All this data was collected and prepared by Novosibirsk historians and archivists to justify assigning Novosibirsk the title of “City of Labor Valor” in 2020.

    The exhibit files contain electronic copies of original archival documents, a number of unique photographs, text explanations and illustrative materials. The Novosibirsk Regional Archives exhibition will continue to work until May 12.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI USA: Shaheen: Trump’s First 100 Days Marred by Chaos, High Costs and Global Retreat

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) released the following statement marking President Trump’s first 100 days in office:  
    “On the campaign trail, Donald Trump promised to ‘immediately’ bring prices down, starting on day one. One hundred days in, it is painfully obvious—to the Granite Staters I serve, to working families across this country, to manufacturers and small businesses getting crushed by sweeping tariffs, to organizations that facilitate life-changing programs that our communities rely on—that President Trump has done the exact opposite. The President choosing to raise prices on everyday Americans is bad enough, but it’s much more insidious that it’s part of a larger strategy to give the wealthiest among us tax breaks that shortchange our hardworking friends, loved ones and neighbors. And the fact that President Trump is pairing those tax giveaways to the wealthiest while planning sweeping cuts to Medicaid that working families rely on is unconscionable. 
    “The President’s sweeping, indiscriminate tariffs that are driving costs through the roof also have dire national security and defense consequences. The reckless tariffs targeting our trading partners are driving our allies right into China’s arms – and with the integration of our defense supply chains, American manufacturing companies that supply the Pentagon and bolster our military readiness are facing higher prices and uncertainty. It follows an alarming trend of this administration putting America last on the global stage – because when we retreat, our adversaries step up to fill the void. 
    “On many occasions President Trump also promised to bring Russia’s war in Ukraine to an end within ‘24 hours’ of assuming office. One hundred days later, he has not come close. Instead, he’s parroted Putin’s talking points and given away key leverage in negotiations that leaves Ukraine hanging in the balance. The President appears to be much more interested in meaninglessly changing the name of the Gulf of Mexico and flirting with purchasing Greenland than he is in strengthening America’s leadership and influence. He’s opted instead to dismantle our diplomatic infrastructure, treat our allies like our adversaries and undo decades of progress, which has made America less safe, less secure and less prosperous. 
    “Simply put, President Trump’s first 100 days in office have been marred by chaos, incompetence, high costs and global retreat. From Elon Musk—the richest man in the world—slashing programs and jobs he doesn’t know the first thing about, to the Secretary of Defense disclosing sensitive operations on military strikes, to the administration flagrantly ignoring court orders and flouting the rule of law, the American people deserve better than an individual who creates and encourages crises at the expense of our country’s wellbeing. 
    “I remain ready to work with anyone – including my Republican colleagues – to help make meaningful progress on the number of pressing challenges facing New Hampshire, America and the world. Here’s hoping the President soon joins us.” 

    MIL OSI USA News –

    April 30, 2025
  • MIL-OSI USA: Chairman Wicker Commends President Trump for His Work Toward Peace in Ukraine, Condemns Putin for Attacks on Civilians

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker
    Watch Video Here
    WASHINGTON – U.S. Senator Roger Wicker, R-Miss., the Chairman of the Senate Armed Services Committee, today delivered a speech on the floor of the United States Senate commending President Trump and his administration for their work toward peace in Ukraine. In his speech, Sen. Wicker strongly condemned Russian dictator Vladimir Putin for his lack of good faith in peace negotiations and his attacks on civilians.
    Read Senator Wicker’s speech as delivered.
    I come to the floor today to add my voice to the many who are commending President Trump as he works toward peace in Ukraine.  The president has given the aggressor, Russian dictator Vladimir Putin, every chance to put down his guns and end the killing – and he’s done that over and over.  But our president is now showing that he will not wait on Mr. Putin forever.
    Every time Ukraine and the United States have extended the hand of peace, President Putin has responded with aggression.  With one hand, Vladimir Putin always makes a show of participating in peace talks.  With the other, he has repeatedly bombed civilians – a clear war crime – a war crime- including just on Sunday, of last week, Palm Sunday when he bombed worshipers and children playing on a public playground.
    On Saturday, day before yesterday, the president took Mr. Putin to task for this brutality, and I commend the President for doing that.  The President said and I quote, “There was no reason for Putin to be shooting missiles into civilian areas, cities, and towns, over the last few days.  It makes me think that maybe he doesn’t want to stop the war, he’s just tapping me along, and has to be dealt with differently.” End quote. Thank you, Mr. President for saying that.
    One of the president’s staunchest supporters in this body echoed that statement the just yesterday.  Senator Kennedy, of Louisiana said and I quote, “Putin thinks that America has taken the bullet train to Chump Town.”
    The president is right, and Senator Kennedy of Louisiana is right.  There is one man to blame for this war.  If Vladimir Putin put down his guns, there would be no more war.  If Volodymyr Zelensky and Ukraine put down their guns, there would be no more Ukraine.  That is a simple truth, and I appreciate the President for pressing that forcefully.
    And then today, General Jack Keane, a very respected observer, and an officer and official in the institute for the study of war expressed essentially the same sentiments as Donald Trump expressed the day before yesterday, and as Senator Kennedy expressed yesterday.
    On Fox News this morning, General Keane gave the president due credit for pursuing peace in Ukraine.  The general noted that President Trump understandably seems to be running out of patience with Putin’s intransigence.  I know that many members of this chamber are running out of patience too. General Keane then asked a simple question: Which side has shown that it wants a peace deal?  Both sides claim they want peace, but what is the evidence?
    And here is the truth. The truth is that Ukrainian President Volodymyr Zelensky has shown he is interested in peace.  He has negotiated at length with the administration.  Ukraine and its president agreed to a 30-day ceasefire.  Vladimir Putin rejected the idea.  Instead, Putin initiated an agreement to halt attacks on energy infrastructure, and then he immediately violated that agreement – Mr. Putin did. 
    Worst of all, throughout the so-called peace talks, Vladimir Putin has repeatedly taken the lives of non-combatant civilians and pummeled residential neighborhoods with bombs.  Every statement Mr. Putin makes should be viewed through that lens.
    President Trump is right: Too many people are dying.  And that includes the Russian people, who are also suffering.  The Russian people do not deserve to live under a vicious, larcenous, trillionaire president-for-life like Vladimir Putin.  So far, only one side has worked to end the violence.
    This weekend, the Trump administration set a timeline for Vladimir Putin to choose peace, and I commend them for it.  Secretary of State Marco Rubio who said the President will decide soon whether Putin is interested in actually working toward a just end to the war. 
    All signs indicate that the answer will be “no.”  The real answer, from Vladimir Putin will be “no.” . Just this morning, the Russian Foreign Ministry published words straight from the mouth of Russian foreign minister, Sergey Lavrov.  In no uncertain terms, this high-ranking Russian official rejected President Trump’s peace deal. 
    So this is a pivotal week.  I look forward to the president’s decision, and I would remind him, and my fellow colleagues:  Putin cannot be allowed to drag the United States along. 
    The United Staes Senate is ready to back President Trump as he stands up to Putin on a bipartisan basis.  Fifty senators – 25 Republicans and 25 Democrats – recently introduced a bill called the Sanctioning Russia Act of 2025. Who says there’s not bipartisanship in the Senate?
    25 Republicans and 25 Democrats have introduced legislation that will introduce primary and secondary sanctions against Russia and against actors supporting Russia’s aggression in Ukraine, imposing real consequences on Putin if he continues refusing to engage in good faith talks with Ukraine and the United States – and he’s never engaged in any talks that were of good faith.
    Putin repeatedly bombs civilians.  He has forged a trail of broken promise.  He, and only he, chose – unprovoked – to start the largest war in Europe since World War II.  Putin and only Putin did that.
    Where in any of this has there been a showing of good faith?  On Saturday, the president suggested that Putin quote “has to be dealt with differently.” Unquote.  I applaud this.  My Senate colleagues applaud this.  Experienced military professionals like General Keane applaud this.  The president has been exceedingly patient, but he is correctly stating that there should be an end.  It is time to treat Putin like the deceptive, cunning war criminal he is.

    MIL OSI USA News –

    April 30, 2025
  • MIL-Evening Report: Peace in our time? Why NZ should resist Trump’s one-sided plan for Ukraine

    Source: The Conversation (Au and NZ) – By Robert G. Patman, Professor of International Relations, University of Otago

    GettyImages Getty Images

    Is it possible to reconcile increased international support for Ukraine with Donald Trump’s plan to end the war? At their recent meeting in London, Christopher Luxon and his British counterpart Keir Starmer seemed to think so.

    Starmer thanked New Zealand for its “support” for a “coalition of the willing” that would safeguard the implementation of a potential peace deal concluded by the Trump administration.

    But unless something drastically changes in the near future, all the signs point to the US president envisaging a Ukraine peace settlement on Russian president Vladimir Putin’s terms.

    According to that view, peace can only be achieved if Ukraine is prepared to accept that territories wholly or partially annexed by Russia now belong to Moscow.

    In 2014, Russia seized Crimea on the Black Sea. Following the illegal 2022 invasion, Russia claimed four parts of eastern and southern Ukraine as its own – Donetsk, Luhansk, Kherson and the Zaporizhzhia region.

    At the same time, Trump’s peace deal includes a provision that rules out NATO membership for Ukraine. This meets a key Russian demand that seeks to deny Ukraine’s sovereign right to choose its own security arrangements.

    According to Trump, Putin’s major concession is the promise that Russia will not annex the rest of Ukraine – something Moscow has been trying to do for the past three years.

    To accept this, however, liberal democracies such as New Zealand and Britain would be tacitly signalling they share common values and interests with the Trump administration and its apparent enthusiasm for a geopolitical partnership with Putin’s dictatorship.

    And in some ways, Trump’s Ukraine peace initiative is a bigger challenge for New Zealand than it is for Britain.

    Keir Starmer and Christopher Luxon speak to the media during a visit to a UK military base training Ukrainian troops, April 22.
    Getty Images

    Lessons of the past

    Like Britain, New Zealand fought in two world wars in the 20th century to advance, among other things, certain key international principles. These included state sovereignty and a prohibition on the use of force to change borders, principles subsequently enshrined in the United Nations Charter.

    But unlike Britain, New Zealand is a relatively small state that does not have a veto in the UN Security Council to protect its interests. Consequently, it is even more dependent on an international rules-based order for its security and prosperity.

    For New Zealand, Trump’s current Ukraine peace plan is a clear and present danger because it would set such a terrible precedent.

    Under the 1994 Budapest Memorandum, Ukraine gave up its nuclear weapons (left over from when it was part of the Soviet Union) in return for assurances from Russia, the US and UK that recognised Ukrainian independence and the inviolability of its existing borders.

    The Trump administration’s plan, however, insists Ukraine must accept the illegal and partial dismemberment of its territory to attain peace with Russia.

    Rewarding Russian aggression in this way is tantamount to a failure to learn the historical lessons of the 20th century. In particular, it seems to forget the period during the 1930s when Britain tried in vain to appease an expansionist Nazi regime in Germany.

    Trump’s peace plan basically endorses the idea that “might is right” and that it is fine for great powers or big countries to steal land from smaller countries.

    Adjusting NZ foreign policy

    In Trump’s top-down world view, multilateral institutions and international law are regarded as superfluous at best and an enemy at worst.

    In such a world, relatively small powers such as New Zealand, with “no cards to play” at the top table, must either submit to the dominance of great powers (including the US) or suffer the consequences.

    Moreover, there is a real risk that Trump’s stance toward Putin’s regime will be viewed as weakness by China, Russia’s most important backer. This could embolden Beijing to increasingly assert itself in the Indo-Pacific, including the Pacific Islands region, where New Zealand has core strategic interests.

    Trump’s plan for Ukraine brings into sharp focus what has already been evident from other recent trends: a domestic slide toward autocracy in Washington, the unilateral imposition of tariffs, and territorial threats against close allies Canada and Denmark.

    As European Union Commission President Ursula von der Leyen put it, “The West as we knew it no longer exists.”

    The transactional nature of Trump’s leadership – including that peace in Ukraine can be bought with mineral rights and territorial trade-offs – suggests the US can no longer be relied on to provide a security guarantee for liberal democracies in Europe or elsewhere.

    The current New Zealand government needs to find the self-confidence and resolve to admit Trump is backing Putin’s imperial project in Ukraine. And it needs to adjust its foreign policy accordingly.

    This does not mean Wellington should weaken its traditional friendship with the US.

    On the contrary, many Americans might expect and welcome the prospect of New Zealand clearly and publicly standing against their president’s dangerous alignment with an authoritarian regime at Ukraine’s expense.

    Robert G. Patman does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Peace in our time? Why NZ should resist Trump’s one-sided plan for Ukraine – https://theconversation.com/peace-in-our-time-why-nz-should-resist-trumps-one-sided-plan-for-ukraine-255495

    MIL OSI Analysis – EveningReport.nz –

    April 30, 2025
  • MIL-OSI Russia: Government meeting (2025, No. 15)

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    1. On the draft amendments of the Government of the Russian Federation to the draft federal law No. 788656-8 “On Amendments to Article 21 of the Federal Law “On Limited Liability Companies””

    The draft amendments take into account the comments and suggestions made during the consideration of the bill in the State Duma.

    2. On the draft federal law “On Amendments to Article 26 of the Federal Law “On Banks and Banking Activities” (in terms of providing information on transactions, accounts and deposits of individuals and legal entities for the purpose of implementing the powers to suspend transactions with cash, electronic money)

    The bill is aimed at increasing the efficiency and effectiveness of combating crimes committed using information and communication technologies.

    3. On the draft federal law “On Amendments to the Criminal Procedure Code of the Russian Federation”

    The bill is aimed at establishing legal grounds for extrajudicial suspension of transactions with cash, electronic money, and advance payments used in criminal activities.

    4. On the draft federal law “On Amendments to Article 187 of the Criminal Code of the Russian Federation”

    The bill is aimed at improving legal mechanisms for combating crimes committed using electronic means of payment and access to them, which are used to circulate funds obtained through criminal means.

    5. On the draft federal law “On Amending Article 5 of the Federal Law “On Concession Agreements””

    The draft law was developed with the aim of granting state and (or) municipal unitary enterprises the authority to participate on the side of the concession grantor in obligations under the concession agreement, including the transfer to the concessionaire of the right to own and use the property of the air transport infrastructure, without formalizing the intermediate transfer of this property to the concession grantor.

    6. On the allocation of budgetary appropriations to Rosmorrechflot in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of financial support for the implementation of urgent work to localize emergency zones in the areas where parts of the tankers Volgoneft-212 and Volgoneft-239 sank as a result of their wreck in the Kerch Strait on December 15, 2024

    The adoption of the draft order will ensure the localization and elimination of possible oil spills from tankers that sank as a result of the wreck in the Kerch Strait on December 15, 2024.

    7. On the draft federal law “On the All-Russian public organization “Russian Red Cross””

    The draft federal law was developed with the aim of defining the legal status of the Russian Red Cross, the main areas of its activities, and the procedure for interaction with state authorities and local governments.

    8. On the draft amendments of the Government of the Russian Federation to the draft federal law No. 797740-8 “On Amending Article 32.4 of the Code of the Russian Federation on Administrative Offenses”

    The draft amendments were prepared in order to clarify the procedure for the disposal of confiscated unmarked goods.

    9. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the Ministry of Education of Russia in 2025 for the provision of subsidies from the federal budget to the budgets of individual constituent entities of the Russian Federation for the implementation of regional projects that provide for measures to create educational and industrial clusters in individual constituent entities of the Russian Federation within the framework of the federal project “Professionalism”

    The draft order is aimed at ensuring the expansion of the federal project “Professionality”.

    Moscow, April 29, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI USA: Europe Subcommittee Chairman Self Delivers Opening Remarks at Hearing on Future of Cyber Diplomacy

    Source: US House Committee on Foreign Affairs

    Media Contact 202-226-8467

    WASHINGTON, D.C. – Today, House Foreign Affairs Europe Subcommittee Chairman Keith Self delivered opening remarks at a full committee hearing titled, “Shaping the Future of Cyber Diplomacy: Review for State Department Reauthorization.”

    Watch Here

    -Remarks- 

    Today the subcommittee will be exploring the role of the State Department in cyber and technology matters, and how such policies might align with U.S. national security interests and foreign policy objectives. In particular, we will be examining the work of the Bureau of Cyberspace and Digital Policy, or CDP. Across the globe, malicious cyber attacks are conducted by state and non-state actors against the United States and its allies, including from the People’s Republic of China.

    From cyber criminals scamming individuals out of their savings to large-scale state-sponsored attacks from America’s adversaries, U.S. government entities and citizens are increasingly under siege. For years, PRC-supported hackers have buried deep into critical infrastructure, including water, transportation networks, and energy systems.

    According to the 2025 Annual Worldwide Threats Assessment of the U.S. Intelligence Community, the PRC remains the most active and persistent cyber threat to U.S. government, private sector, and critical infrastructure networks. Beijing’s campaign to preposition access on critical infrastructure for attacks during crisis or conflict—tracked publicly as Volt Typhoon—or its more recently identified compromise of U.S. telecommunications infrastructure, also referred to as Salt Typhoon, demonstrates the growing breadth and depth of the PRC’s capability to compromise U.S. infrastructure.

    Russia also poses a significant cyber threat, with its efforts to compromise sensitive targets for intelligence collection and to preposition access to U.S. critical infrastructure. In addition to Beijing and Moscow, Tehran has demonstrated an increasing willingness to carry out aggressive cyber operations targeting the security of U.S. networks and data. Furthermore, Pyongyang’s cyber program presents a highly capable and maturing threat, including an approach to launder and cash out cryptocurrency from the United States and other victims to fund its nefarious activities.

    As cyber becomes a growing battlefield for criminal networks and malign actors, the State Department must be ready to meet the challenge. The U.S. is not facing these real and growing threats alone. Through cooperation with our allies and partners, the U.S. will continue to work to combat malign cyber activities from the PRC, Iran, North Korea, and Russia.

    Since the recent establishment of CDP, it’s played a role in the U.S. response to a major ransomware campaign in Costa Rica that disrupted critical services. In particular, CDP, alongside other federal partners, worked to strengthen Costa Rica’s cyber defenses against attacks from malicious actors threatening the security of both our countries. It has also worked to identify strategic opportunities to leverage partner resources to further U.S. strategic objectives through subsea cable projects in the Pacific Islands. Such efforts ensured that the Pacific Islands rely on trusted, primarily American businesses for their internet connectivity while also countering the PRC’s influence in the strategically important region.

    The Department of State agreement on a cybercrime UN treaty that conflicted with CDP policy lead and recommendations begs the question of the actual authority wielded by CDP. This hearing should lead us toward conclusions on how to improve CDP efficiency and effectiveness in this vital area of national interest and security. As we move through this reauthorization process, the experience and insights from today’s witnesses will help inform this subcommittee on the State Department’s cyber diplomacy role in addressing these increasingly important challenges.

    ###

    MIL OSI USA News –

    April 30, 2025
  • MIL-OSI USA: 100 Days, 100 Stories

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Today, Speaker Johnson released a list of 100 American citizens who have felt the benefits from President Trump’s historic first 100 days in office. Speaker Johnson highlighted citizens who were unjustly detained abroad, business owners who will benefit from new apprenticeship opportunities, and families devastated by previous open borders policies, among many others. 

    Click here to read the full list

    “President Donald J. Trump entered the White House with the most decisive mandate in modern history. In just 100 days, he’s done more for America than Joe Biden managed in four years,” Speaker Johnson said. “The American people can feel the tangible impact of President Trump’s swift and decisive action. From coast to coast, North to South, the American First agenda is helping Americans from across our great country.

    “Republicans in Congress are proud to stand with the President as he secures our border, restores accountability in government, fights for common sense, and defends the liberty and prosperity of generations of Americans to come,” Speaker Johnson continued. “Today, as we mark 100 historic days, we celebrate the many ways President Trump has delivered for the American people.”

    Since his inauguration on January 20th, President Trump has taken bold action to secure the border, drive down inflation, restore American strength on the world stage, clean up our communities, secure trillions of dollars in new investments and jobs, and return common sense to Washington. These 100 American stories illustrate that.  

    Read 20 stories below, and the full list here.

    Alexis Nungaray, Angel Mother – Alexis Nungaray is the mother of Jocelyn Nungaray, a 12-year-old girl who was tragically murdered by illegal aliens in June of 2024. Jocelyn’s life was tragically cut short because of the Biden Administration’s failure to close our borders and protect American citizens from dangerous illegal aliens. On March 5, 2025, President Trump signed an executive order honoring her life by renaming Anahuac National Wildlife Refuge to Jocelyn Nungaray Wildlife Refuge in Anahuac, Texas. Since Jocelyn’s murder, her mother Alexis has been advocating alongside the Trump Administration and Senator Ted Cruz for stronger immigration laws.

    Marianna Montoya, Florida Resident – During President Trump’s first 100 days, Marianna was able to open up her very first Roth IRA and begin contributing on a monthly basis. President Trump’s work to reverse the devastating consequences of Bidenomics has given her hope that she and her husband will be able to retire peacefully.

    Frank Windsor, Rinnai America President – In late 2024, the Biden Administration issued a rule that effectively banned an entire niche of American manufacturing: non-condensing tankless water heaters. The rule specifically targeted Rinnai America Corporation, the only U.S. facility producing these water heaters. Thanks to President Trump’s leadership, the House passed a Congressional Review Act resolution to overturn the rule, keeping Rinnai’s doors open and protecting nearly 300 American jobs.

    Sarah Taylor, Iowa Parent – Sarah and her husband, Dan, both attended private Catholic elementary schools and knew they wanted the same faith-based education for their daughters, Hannah and Millie. Thanks to expanding educational freedom and school choice, the Taylors were empowered to choose the school that best fit their family’s values. For the Taylor family, school choice has meant more than access. It’s meant opportunity. Their story is one of many that show the power of giving parents the freedom to choose what’s best for their children.

    Kelly Wilson, Small Business Owner – Kelly Wilson’s family has owned and operated a small business in Colorado for 80 years, but after mass flows of illegal aliens began arriving in Denver under the Biden Administration, her family discussed moving to another state. In the face of budget cuts to Denver’s police force and sanctuary city policies that have failed Denver families, Kelly began speaking out for her community. Since day one, the Trump Administration has made cracking down on sanctuary cities and states a top priority. Today, communities like Kelly’s are safer, thanks to President Trump’s work to restore the rule of law.

    Jim Chilton, Rancher – The Chilton Ranch has been operated within the Chilton family for generations, a family legacy that Jim and Sue Chilton have preserved mere miles away from the Southern Border. However, under the Biden Administration, they were forced to shoulder the consequences of President Biden’s border crisis. During April of 2024 alone, the Chiltons experienced 5,640 immigrant encounters on their ranch. The last time they checked with the Border Patrol, in April of this year, there were zero crossers over the course of three weeks. Thanks to President Trump’s work to reverse the Biden administration’s radical open-border policies, the Chilton family’s beloved ranch and livelihood are no longer under threat.

    Ben Paulding, CPA – Ben hosts South Dakota’s first federally subsidized CPA Apprenticeship Program. After navigating months of red tape under the Biden Administration, he can finally onboard his first interns. Thankfully, President Trump has ended burdensome mandates on programs like Ben’s, enabling him to refocus his attention on merit-based, equal opportunity hiring without the DEI red tape.

    George Glezmann, Former Hostage – George Glezmann, a Georgia native and Delta Airlines mechanic, was arrested by the Taliban in 2022 during a planned tourist visit. Despite no formal charges being filed, Glezmann was held for over 2 years in an Afghanistan prison. On March 20, 2025, he was released as a gesture of “goodwill” by the Taliban following trilateral negotiations between Qatar, the U.S., and the Taliban. Upon returning to the U.S., he said, “I feel like I’m born again, I’m in debt to President Trump. Thank God he’s in the White House and thank God he got me out.”

    Michelle Root, Angel Mother – Michelle Root is the mother of Sarah Root, a 21-year-old Iowan who was killed by an illegal alien drunk driving in 2016. Instead of answering for his crimes, the illegal alien posted bail, was released from jail, and was never seen again. Fortunately, this criminal was found in Honduras and the Trump Administration worked with Honduran authorities to extradite him to the United States to face justice. President Trump also signed the Laken Riley Act, which included Sarah’s Law – introduced by Congressman Randy Feenstra from Iowa – to ensure that any illegal alien who harms or kills an American citizen is swiftly detained and prosecuted to the fullest extent of the law. The Root Family is grateful to President Trump and Congressman Feenstra for honoring their precious daughter’s memory.

    Marc Fogel, Schoolteacher/Former Hostage – Marc Fogel, an American schoolteacher, was wrongfully detained by Russian authorities in 2021 after being arrested on drug charges related to medical marijuana. Despite having a valid prescription in the U.S., he was sentenced to 14 years in a Russian prison. However, on February 11, 2025, Fogel was released and returned to the United States through a diplomatic deal negotiated by President Trump. He was warmly greeted by the President upon his arrival back to the United States and expressed his gratitude, saying, “I feel like the luckiest man alive.”

    Tony Campbell, East KY Power Cooperative CEO – Tony Campbell serves as the CEO and President of East Kentucky Power Cooperative. He and his colleagues have faced significant challenges under burdensome regulations that targeted the coal industry—an industry that has powered American homes and cities for generations. Through executive action, President Trump strengthened the reliability and affordability of American energy, safeguarded American jobs, and preserved critical coal plants, delivering on his promise to create jobs and uphold America’s energy independence.

    Joseph Knowles, Detroit Autoworker – Joseph Knowles is a Detroit autoworker for Stellantis who was laid off during the Biden Administration and later reinstated after President Trump’s election victory. After attending President Trump’s Joint Address to Congress, Knowles declared he had left the Democratic Party for good. “I got very good hope for the Republican Party,” Knowles said, “More and more people are seeing the true colors of the Democrats.”

    Lawrence Rosen, Cra-Z-Art Founder – Lawrence Rosen is the owner of Cra-Z-Art, the largest toy maker in the United States. Since Liberation Day, Lawrence has seen the benefits of President Trump’s tariffs firsthand on domestic manufacturing. Because of President Trump’s decisive action in the first 100 days, Rosen is expanding their domestic production by 50% and investing millions of dollars into factories across the country.

    Elliston Berry, Texas High School Student – Elliston Berry was only 14-years-old when one of her classmates took an innocent selfie of her and ran it through AI to make a deep-fake pornographic image, which was later circulated throughout her school. Her painful experience motivated her to become an advocate against deepfake pornography, with her efforts leading to legislative action by Senator Ted Cruz. The “Take it Down Act”, which First Lady Melania Trump has championed, protects victims, enhances protections for users, and introduces accountability for AI platforms passed the House in April.

    Kirk Davis, Bob Davis Electric CEO – Kirk Davis, owner of Bob Davis Electric, is one of many business leaders benefiting from President Trump’s action to tackle America’s workforce challenges. Thanks to the President’s Executive Order on apprenticeships, Kirk has been able to recruit, train, and retrain the skilled electricians needed to meet rising power demands and grow his business.

    Dakota Meyer, U.S. Marine – President Trump’s Department of Defense has championed a warrior culture in America’s armed forces that has generated massive results for military recruiting. In April, Secretary Hegseth announced the U.S. Army had surpassed its 2025 reenlistment goal six months early. Dakota Meyer, a Marine Corps veteran and Medal of Honor recipient, is just one of the many brave Americans who have reenlisted, deciding to reenter the Army after a 15-year hiatus. “I’m damn proud of the men and women who are standing in uniform,” said Meyer, “and I’m so proud I get to be one of them again.”

    Steven McCain, Sheriff – In Grant Parish, illegal aliens are using drones to drop off drugs and other paraphernalia at a large federal prison. It’s been a significant problem for the prison, but now that President Trump has returned to the White House, the situation has changed. Sheriff McCain has noticed a sharp increase in cooperation from ICE, the United States Attorney’s Office, and other local officials. Working together, law enforcement from all levels will be able to crack down on these drones.

    Brian Riley, CEO of Guardian Bikes – Citing his support for President Trump’s tariffs, Brian announced a $19 million investment to move Guardian’s bike production out of China and into Seymour, Indiana.

    Dino Mavrookas, CEO of Saronic – President Trump has called for the restoration of America’s maritime dominance, and Dino Mavrookas, CEO of the defense startup Saronic, has been a leader in answering this call. To help build the next-generation of autonomous vessels, Saronic acquired Gulf Craft, a Louisiana-based shipbuilder. By preserving Gulf Craft’s skilled workforce, creating hundreds of new, good-paying jobs, and investing over $2.5 billion to develop Port Alpha, Saronic is strengthening our economy, rebuilding America’s maritime strength, and supporting our national defense.

    Gary Hamrick, Senior Pastor – Senior Pastor Gary Hamrick became the target of anti-Christian bias when he and his church were charged by the IRS for so-called Johnson Amendment violations. Under President Trump, the Department of Justice has established a task force to eradicate anti-Christian bias in the federal government and safeguard the religious liberty of all Americans.

    ###

    MIL OSI USA News –

    April 30, 2025
  • MIL-OSI United Kingdom: Putin’s latest announcement for a temporary ceasefire rings hollow while Russia’s brutality continues: UK statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments

    Speech

    Putin’s latest announcement for a temporary ceasefire rings hollow while Russia’s brutality continues: UK statement at the UN Security Council

    Statement by Lord Collins of Highbury, Minister for Africa and the UN, at the UN Security Council meeting on Ukraine.

    Since Russia’s invasion over three years ago, this Council has met many times to discuss the death, destruction and misery Russia unleashed on Ukrainians.

    It has displaced over three and a half million people within the country, and almost seven million have sought refuge abroad leaving over a third of the population in dire need of humanitarian help.

    And its consequences have been felt far beyond Ukraine too, sending food and energy prices soaring which has hit the most vulnerable around the world the hardest.

    We welcome the US’s efforts to end this war, yet it is impossible not to reflect on the sheer scale of the crisis – including the shocking attack on Kryvyi Rih in which 20 people were killed earlier this month.

    Nine children lost their lives that day, and the UN reported that this was the largest number of children killed in a single strike since the start of the invasion.

    Civilian casualties have increased by 50% since February and over 10,000 missiles and drones have been fired into Ukraine since the start of the war.

    Such brutality has, sadly, continued – from the revolting strike in Sumy on Palm Sunday to the missiles raining upon Kharkiv and Kyiv, we do not need more evidence to prove that Putin is not serious about peace.

    Putin’s latest announcement for a temporary ceasefire, yet again, rings hollow.

    We need only look to the 30-hour pause in fighting over Easter as an example, during which there was no indication that a ceasefire on the frontline was observed.

    President, I think we can all see through this pretence.

    Russia must declare a ceasefire now.

    Not in a day, not in a week. Ukraine stands ready to go the whole way – a durable and full ceasefire – right now.

    So why wait? Why only for 72 hours?

    If Putin were truly serious, he would agree today to an immediate, full and unconditional ceasefire, just as Ukraine has done – not simply announce a short pause from May 8th.

    But Putin chooses not to.

    Compare that to Ukraine, which agreed to the US ceasefire proposal over 40 days ago.

    Make no mistake – the United Kingdom’s commitment to peace is clear.

    As is the United Kingdom’s commitment to stand by Ukraine in the face of Russian aggression.

    Together, with our allies and partners, we must continue to work with Ukraine and speak up with one voice in Ukraine’s support.

    Because that remains the best way of achieving a just and sustainable end to Putin’s selfish war.

    TWEET:

    Putin’s latest call for a temporary, 72-hour ceasefire rings hollow.

    As hollow as his call for a pause over Easter – throughout which Russian missiles and airstrikes continued to fall on Ukraine.

    Ukraine is ready for peace. Russia needs to get serious and stop playing for time.

    CLIP:

    Putin’s latest announcement for a temporary ceasefire, yet again, rings hollow.

    We need only look to the 30-hour pause in fighting over Easter as an example, during which there was no indication that a ceasefire on the frontline was observed.

    We can all see through this pretence.

    Russia must declare a ceasefire now. 

    cut

    Why wait? Why only for 72 hours?

    If Putin were truly serious, he would agree today to an immediate, full and unconditional ceasefire, just as Ukraine has done – not simply announce a short pause from May 8th.

    But Putin chooses not to. 

    Compare that to Ukraine, which agreed to the US ceasefire proposal over 40 days ago. 

    Make no mistake – UK’s commitment to peace is clear. 

    As is the United Kingdom’s commitment to stand by Ukraine in the face of Russian aggression.

    Updates to this page

    Published 29 April 2025

    MIL OSI United Kingdom –

    April 30, 2025
  • MIL-OSI Russia: Alexey Overchuk held a meeting with Deputy Prime Minister of the Republic of Uzbekistan Jamshid Khodjaev

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Alexey Overchuk held a meeting with Deputy Prime Minister of the Republic of Uzbekistan Jamshid Khodjaev.

    On the sidelines of the meeting of the Economic Council of the Commonwealth of Independent States, held in the Republic of Uzbekistan, Deputy Prime Minister of the Russian Federation Alexey Overchuk met with Deputy Prime Minister of the Republic of Uzbekistan Jamshid Khodjaev.

    During the conversation, current issues of developing trade and economic cooperation between Russia and Uzbekistan were discussed, including in terms of creating the most favorable conditions for exporters and importers of the two countries in order to fulfill the task set by the heads of state of increasing the volume of mutual trade.

    From the point of view of simplification and optimization of cargo transportation between countries, the importance of work on the accession of the Republic of Uzbekistan to the unified customs transit system of the EAEU was noted.

    Alexey Overchuk and Zhamshid Khodjaev agreed to intensify dialogue between economic departments and expert communities of Russia and Uzbekistan on issues of studying the possibilities of further liberalization of trade relations between the countries.

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    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: On holding auctions on April 30, 2025 to place OFZ issues No. 26235RMFS and No. 26246RMFS

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    For bidders

    We inform you that, based on the letter of the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market and Credit Market of Moscow Exchange PJSC, the order establishes the form, time, term and procedure for holding auctions for the placement and trading of the following federal loan bonds:

    1.

    Name of the Issuer Ministry of Finance of the Russian Federation
    Name of security federal loan bonds with constant coupon income
    State registration number of the issue 26235RMFS from 10/12/2020
    Date of the auction April 30, 2025
    Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price. BoardId: PACT (Settlements: Ruble)
    Trade code SU26235RMFS0
    ISIN code RU000A1028E3
    Calculation code B05
    Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
    Trading time Trading hours: bid collection period: 12:00 – 12:30; bid execution period: 13:00 – 18:00.

    2.

    Name of the Issuer Ministry of Finance of the Russian Federation
    Name of security federal loan bonds with constant coupon income
    State registration number of the issue 26246RMFS from 08.05.2024
    Date of the auction April 30, 2025
    Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price. BoardId: PACT (Settlements: Ruble)
    Trade code SU26246RMFS7
    ISIN code RU000A108EE1
    Calculation code B05
    Additional conditions of placement The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
    Trading time Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

    Contact information for media 7 (495) 363-3232Pr@moex.kom

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    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 17:52 (Moscow time) the values of the lower boundary of the price corridor and the range of market risk assessment for the RU000A101LX1 security (FSK RS1R5) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    17:52

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 29.04.2025, 17-52 (Moscow time), the values of the lower limit of the price corridor (up to 94.97) and the range of market risk assessment (up to 920.13 rubles, equivalent to a rate of 7.5%) of the RU000A101LX1 security (FSK RS1R5) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

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    HTTPS: //VVV. MOEX.K.M.M.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: On the eve of the 80th anniversary of the Victory in the Great Patriotic War, Dmitry Chernyshenko met with volunteers from the Zaporizhia region

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Dmytro Chernyshenko, as part of a working visit to the city of Melitopol in the Zaporizhia region, held a meeting with representatives of the 80th Anniversary of Victory volunteer corps and activists of the “Volunteers of Victory” movement at the Youth Center. The event was also attended by the Governor of the Zaporizhia region Yevhen Balitsky.

    The meeting took place in the Year of the Defender of the Fatherland and on the eve of the celebration of the 80th anniversary of the Victory in the Great Patriotic War. The Deputy Prime Minister discussed with the volunteers their participation in the preparation for the celebration, assistance to veterans, and the projects that the guys plan to implement.

    Dmitry Chernyshenko emphasized the importance of the volunteer movement in the country and noted the contribution of volunteers to preserving historical memory and supporting veterans.

    He spoke about his personal involvement in the creation of the volunteer movement in Russia and its role in the 2014 Winter Olympics in Sochi.

    “Now volunteers have even more responsibility on their shoulders. You are helping our country cope with the difficulties its residents are facing. I would like to thank you for giving the most precious thing you have, an irreplaceable resource – time. I am sure that by giving, you also get satisfaction from what you do, you feel a sense of involvement in a great cause. And the only way to repay volunteers in a good way is recognition,” he added.

    At the Youth Center, the Deputy Prime Minister got acquainted with the eco-workshop, the creative project “Art-Yug”, the work of the regional headquarters “We are together”, the media studio and the center for preparation for the celebration of the 80th anniversary of Victory. Since the opening of the Youth Center, about 12 thousand people have taken part in its events.

    Dmitry Chernyshenko also visited a number of sports and educational facilities in Melitopol, where significant transformations took place with the support of the Government.

    One of them, the Spartak stadium, is being built practically from scratch. The first stage of work has been completed, and the second stage will begin soon – the arrangement of stands, installation of lighting poles, installation of video surveillance and utility networks. It is expected that the Spartak stadium will become one of the largest football grounds in Donbass and Novorossiya.

    The Deputy Prime Minister spoke with the young football players and presented his team with a certificate for the development of the material and technical base.

    “This year, declared the Year of the Defender of the Fatherland, we are approaching a significant date – May 9. Every family keeps the memory of their grandfathers and great-grandfathers who fought for their native land. Today, our brothers continue this fight in the special military operation zone. We remember and honor their feat. As a sign of support and respect, we have brought you a gift that we hope will help you in your training. We wish you to grow up to be strong athletes, achieve success in the Russian Football Premier League and take worthy places,” he said.

    In addition, Dmitry Chernyshenko met with the students of the Children’s and Youth Sports School No. 1 and presented the team with a certificate for the purchase of sports equipment and gear.

    The school was launched in September last year by President Vladimir Putin.

    “In less than a year, a major overhaul of the building and premises was carried out here: the gyms, locker rooms, showers, utility rooms were completely renovated, the ventilation was replaced, a new fire-fighting system and new sports equipment were installed. The territory was also improved. More than 6 thousand children are involved in the system of children’s and youth sports schools of the region, and this number is constantly growing. Only at the Melitopol Youth Sports School No. 1, about a thousand children are involved in sports,” said the governor of the Zaporizhia region, Yevgeny Balitsky.

    At Melitopol State University (MelSU), Dmitry Chernyshenko assessed the progress of major repairs. The comprehensive program for modernizing MelSU infrastructure includes academic buildings, student dormitory buildings, gyms, canteens, a library, boiler houses and other facilities. By September 1, 2025, it is planned to complete major repairs of four academic buildings.

    “More than 13 thousand students receive higher education at Melitopol State University, last year more than 5.5 thousand students from 73 regions of Russia entered MelSU, which once again demonstrates the demand and development of education in the Zaporizhzhya region, which is fully integrated into the educational field of the Russian Federation,” added Evgeniy Balitsky.

    Dmitry Chernyshenko presented Melitopol University with a certificate for the purchase of printing equipment. The Deputy Prime Minister laid flowers at the monuments to Hero of the Soviet Union Nikolai Malyuga and twice Hero of Socialist Labor Dmitry Motorny.

    In Melitopol, Dmitry Chernyshenko also got acquainted with the multimedia historical park “Russia – My History”. He paid special attention to the exhibition dedicated to the celebration of Victory Day.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial News: Current Price Growth Slowed in Most Regions in March

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    Prices in 59 Russian regions increased in March less than in February. Services increased in price most noticeably. Food prices increased at an accelerated rate in most regions. Non-food products increased in price at a low rate almost everywhere, and in 18 regions they even became cheaper.

    Annual inflation in 46 regions was slightly higher than the national average (10.34%), while in the rest it was lower or at the same level. Inflation remains high because the economy’s ability to increase the supply of goods and services is still lagging behind demand.

    In order to reduce inflation in Russia to 4% in 2026, the Bank of Russia will maintain high rates in the economy for a long time.

    For more information on inflation in each region, seeinformation and analytical materials, published on the website of the Bank of Russia. From this month they are published in a new format: the emphasis is not on annual, but on monthly rates of price change. This gives a clearer idea of why the Bank of Russia is building its monetary policy in this way.

    Preview photo: Collection Maykova / Shutterstock / Fotodom

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    HTTPS: //vv. KBR.ru/Press/Event/? ID = 23584

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 18-48 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment of the LSRG (LSR JSC) security were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    18:48

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 29.04.2025, 18-48 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -146.23%), the transfer rate and the range of interest rate risk assessment (up to -3.89 rubles, equivalent to a rate of 183.7%) of the LSRG (LSR JSC) security were changed.

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    HTTPS: //VVV. MEEX.K.MO/N89938

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Tatyana Golikova took part in the board meeting of the FMBA of Russia

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Tatyana Golikova took part in an extended meeting of the board of the Federal Medical and Biological Agency.

    As Tatyana Golikova noted, the board meeting is being held on the eve of the 80th anniversary of the Victory in the Great Patriotic War. Soviet medicine made a special contribution to the victory. The medical service saved the wounded, provided their treatment, rehabilitation and return to duty. The key role in the fight for life at the front belonged to the blood transfusion service and donation. Over the past 15 years, the Federal Medical and Biological Agency has been responsible for organizing the activities of the blood service in our country.

    In just four years of war, over 7 million blood transfusions were performed. Every day, 300 to 3 thousand people donated blood, mostly women. The active army received over 1.7 million liters of blood. The total number of donors was 5.5 million people.

    “Today, the database, which has been maintained since 2008, contains data on more than 10 million blood donors and 30 million donations. The annual number of blood and blood component donors remains stable at almost 1.5 million people, with 99% of donations being gratuitous,” the Deputy Prime Minister emphasized.

    In 2024, a program to modernize blood services in new regions was launched; more than 200 units of equipment, including high-tech equipment, were purchased.

    “Since 2023, on the instructions of the President of the country, the Concept of increasing the procurement of blood plasma for the production of drugs has been implemented. In 2024, the FMBA successfully completed the first stage – 600 tons of plasma were prepared. In 2025, the volume should be at least 780 tons. The task is not easy, but strategically important for the country,” said Tatyana Golikova.

    The Deputy Prime Minister separately noted the development of bone marrow donation.

    “The number of donors in the Federal Bone Marrow Donor Registry increased by 120,000 last year, reaching 438,000 donors. By the end of 2025, the registry should include more than 500,000 donors. The appropriate funding has been allocated to replenish the registry and conduct bone marrow donor typing, the amount of which is 7 times higher than in 2023. I am confident that this will increase the number of studies. More than 67,000 typings should be performed this year. These figures represent saved lives,” she said.

    In the conditions of military actions on the territory of the DPR, LPR, Zaporizhia and Kherson regions, Kursk region, medical workers of the FMBA take direct part in providing medical care to wounded soldiers and civilians, ensure radiation, chemical and biological safety. In Mariupol, there is a multidisciplinary medical center of the FMBA. The second stage of construction is currently underway.

    “The implementation of the national project “Healthcare” was completed in 2024. FMBA allocated more than 9.3 billion rubles for the implementation of its activities. As a result, high-quality infrastructure changes took place in the agency’s system. As part of the modernization of the primary link, 77 facilities were commissioned, 931 units of equipment and 127 vehicles were delivered. As part of the fight against cancer, 12 medical organizations were equipped with 292 units of equipment, including 23 units of heavy equipment. Behind each figure is both the availability and quality of medical care, especially in those settlements where only FMBA institutions are present,” said Tatyana Golikova.

    Since 2025, new national projects have been launched: “Long and Active Life”, “Family”, “New Health Preservation Technologies”, in the implementation of which the FMBA of Russia also takes an active part.

    “By 2030, within the framework of the national project “Long and Active Life”, 148 more primary care facilities will be created and renovated in the FMBA system, more than 2.6 thousand pieces of equipment and 138 vehicles will be purchased. In addition, 16 modern admissions departments using modular designs will be created, oncology centers and federal research centers will be equipped with the necessary equipment. Within the framework of the federal project “Protection of Motherhood and Childhood” of the national project “Family”, 25 women’s consultations, perinatal centers, children’s hospitals will be created and equipped with new equipment. All these measures will improve the quality and accessibility of medical care for our citizens, which is especially important for closed territorial entities, where the agency’s institutions are the only ones,” noted Tatyana Golikova.

    Within the framework of the national project “New technologies for preserving health”, it is planned to increase the share of domestic production of drugs in terms of vital and essential drugs to 90% and in terms of medical products to 40%. Almost 1 billion rubles have been allocated by the FMBA for 6 years to implement the set task.

    “Another task of the agency is to preserve the life and health of people working in extreme conditions and in industries with harmful and hazardous health factors. Today, the FMBA system has a network of 38 comprehensive health centers and digital health centers created over 3 years, located directly at strategic production facilities. This made it possible to reduce the incidence rate by 17% and reduce cases of temporary disability by 23% in 2024,” the Deputy Prime Minister emphasized.

    In conclusion, Tatyana Golikova thanked all employees of the FMBA and its subordinate institutions for their dedicated work.

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    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI: ChampionX Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    THE WOODLANDS, Texas, April 29, 2025 (GLOBE NEWSWIRE) — ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced first quarter of 2025 results. Revenue was $864.5 million, net income attributable to ChampionX was $85.8 million, and adjusted EBITDA was $190.9 million. Income before income taxes margin was 12.1% and adjusted EBITDA margin was 22.1%. Cash from operating activities was $66.8 million and free cash flow was $38.6 million.

    CEO Commentary

    “The first quarter demonstrated the resilience of our ChampionX portfolio as we delivered strong adjusted EBITDA and adjusted EBITDA margin, and generated positive free cash flow. These results reflect the commitment of our ChampionX employees around the world who express daily an unwavering focus on delivering value-added solutions for our customers’ most important challenges. I am thankful and humbled to lead such a talented and dedicated team,” ChampionX’s President and Chief Executive Officer Sivasankaran “Soma” Somasundaram said.

    “During the first quarter of 2025, we generated revenue of $864 million, which decreased 5% sequentially, in line with our expectations, driven primarily by a typical seasonal decline in international operations. We generated net income attributable to ChampionX of $86 million, income before income taxes margin of 12.1%, and we delivered adjusted EBITDA of $191 million, representing a 22.1% adjusted EBITDA margin, our second-highest level as ChampionX, which speaks to the continued productivity and profitability focus of our team.

    “Cash flow from operating activities was $67 million during the first quarter, which represented 78% of net income attributable to ChampionX, and we generated free cash flow of $39 million, our 12th consecutive quarter of positive free cash flow. Our balance sheet and financial position remain strong, ending the first quarter with approximately $1.2 billion of liquidity, including $527 million of cash and $674 million of available capacity on our revolving credit facility.

    “As a leading global provider of production optimization solutions for the energy industry, ChampionX is uniquely well-positioned to help operators meet the objective of maximizing the value of their producing assets, particularly against the backdrop of the ongoing structural shift toward capital discipline and moderating capital spending in the upstream and midstream industries. As global oil production grows, our differentiated and resilient production-oriented portfolio drives our expectation of positive performance relative to general oil and gas market activity in 2025.

    “Amid recent changes in international trade policies, ChampionX is continuing to put its continuous improvement culture to work every day to successfully deliver products and technologies designed to improve our cost structure and drive efficiencies. We are leveraging our global and flexible supply chain footprint, long-standing supplier partnerships, pricing adjustments, and productivity initiatives to address tariff impacts, and we will continue to be there to serve our customers and deliver differentiated margin and free cash flow performance.”

    Agreement to be Acquired by SLB

    On April 2, 2024, SLB (NYSE: SLB) and ChampionX jointly announced a definitive Agreement and Plan of Merger (the “Merger Agreement”) for SLB to purchase ChampionX in an all-stock transaction. The transaction was unanimously approved by the ChampionX board of directors and the transaction received the approval of the ChampionX stockholders at a special meeting held on June 18, 2024. The transaction is subject to regulatory approvals and other customary closing conditions.

    ChampionX may continue to pay its regular quarterly cash dividends with customary record and payment dates, subject to certain limitations under the Merger Agreement. Given the pending acquisition of ChampionX by SLB, ChampionX has discontinued providing quarterly guidance and will not host a conference call or webcast to discuss its first quarter 2025 results.

    Production Chemical Technologies

    Production Chemical Technologies revenue in the first quarter of 2025 was $523.4 million, a decrease of $46.3 million, or 8%, sequentially, due primarily to seasonally lower international sales volumes.

    Segment operating profit was $82.2 million and adjusted segment EBITDA was $109.1 million. Segment operating profit margin was 15.7%, a sequential decrease of 248 basis points, and adjusted segment EBITDA margin was 20.8%, a sequential decrease of 259 basis points. The sequential decrease in segment operating profit margin and adjusted segment EBITDA margin was driven by lower sales volumes.

    Production & Automation Technologies

    Production & Automation Technologies revenue in the first quarter of 2025 was $264.4 million, a decrease of $5.2 million, or 2%, sequentially, due primarily to seasonally lower international sales volumes. Revenue from digital products was $57.8 million in the first quarter of 2025, a sequential decrease of 7%, driven by seasonally lower customer activity in North America.

    Segment operating profit was $37.6 million and adjusted segment EBITDA was $70.3 million. Segment operating profit margin was 14.2%, a sequential decrease of 27 basis points, and adjusted segment EBITDA margin was 26.6%, a sequential increase of 34 basis points. The decrease in segment operating profit margin and the increase in adjusted segment EBITDA margin was driven by lower sales volumes, offset somewhat by productivity improvements.

    Drilling Technologies

    Drilling Technologies revenue in the first quarter of 2025 was $50.5 million, a decrease of $1.4 million, or 3%, sequentially, driven primarily by lower North America sales volumes.

    Segment operating profit was $8.2 million and adjusted segment EBITDA was $10.2 million. Segment operating profit margin was 16.2%, compared to 20.6% in the prior quarter, and adjusted segment EBITDA margin was 20.3%, a decrease of 346 basis points, sequentially, due primarily to lower volumes.

    Reservoir Chemical Technologies

    Reservoir Chemical Technologies revenue in the first quarter of 2025 was $26.9 million, an increase of $5.0 million, or 23%, sequentially, driven by higher sales volumes in the U.S. and internationally.

    Segment operating profit was $5.5 million and adjusted segment EBITDA was $6.3 million. Segment operating profit margin was 20.5%, an increase of 1008 basis points, sequentially, and adjusted segment EBITDA margin was 23.6%, an increase of 647 basis points, sequentially. The increase in segment operating profit margin and adjusted segment EBITDA margin was driven by higher sales volumes together with a more favorable product mix.

    Other Business Highlights: Production Chemical Technologies and Reservoir Chemical Technologies

    • Awarded several first fill contracts for new conventional and unconventional fields in the Middle East region.
    • The North America Offshore production chemicals team was awarded the contract for an upcoming major capital project in the Gulf of America. The win was the culmination of years’ worth of work developing technical solutions to address the project’s most impactful challenges.
    • Commenced the initial deliveries of a significant volume of hydrate inhibitor for a major new FPSO, supporting an independent Australian operator.
    • Awarded program of competitive process water treatment applications in Canada after performing comprehensive technical assessments and value-added recommendations.
    • Completed our second RENEWIQ® (production and reservoir chemistry delivered through one trailer) joint offering for frac treating.
    • Reservoir group was awarded RENEWIQ work for the application of our production enhancement PROE completion chemistry to improve production over the life of wells. This program, combined with our one-site PCT service expertise, continues to bring differentiated solutions to operators in the Permian Basin.
    • Started the Unconventional Water team to support North America Land Water applications.
    • Recently won four different contracts after re-entering the US Land market with our H2S scavenger program.
    • Providing chemistries supporting a Canadian customer that is scheduled to commission and start up a new thermal asset in August 2025.

    Other Business Highlights: Production & Automation Technologies

    • Awarded a multi-year contract for production optimization software by a customer in Indonesia. 4000+ wells were successfully migrated in Q1 to our XSPOC® production optimization software, delivering data-driven insights to help the customer make informed production decisions across their field for all artificial lift systems.
    • Continue to see strong market adoption of new digital technologies as operators look for cost-effective, scalable monitoring solutions. More than 450 SmartSpin® wireless rod rotator sensors have been installed in the field and 120+ of the recently launched SMARTEN™® Lite rod pump controller have been deployed.
    • ChampionX’s RMSpumptools, in partnership with our UNBRIDLED® ESP Systems team, continues to grow sales of Automatic Diverter Valves (ADV) in the Permian for a major oil company. This key technology offers customers better sand and solids management in ESP systems and acts as a safety device for ESPs featuring a PMM motor.
    • Following two 6-month trial installations, RMSpumptools has received an order for its Y-chek systems by a Middle East national oil company. This success sets the direction for expansion of this Y-chek solution.
    • Completed the first 30+ well trial with a major producer in the Permian basin of the newly offered chemical injection assurance (CIA) software module on the modern, secure, and scalable Connexia® platform. The CIA software provides fully integrated chemical measurement and delivery data as well as control and optimization capabilities.
    • The SMARTEN XE ESP control system is a leader in the ESP control market. In Q1, ChampionX secured a new customer based on the advanced capabilities of the SMARTEN XE controller. The system’s ability to deliver enhanced performance across multi-pad projects was central to the customer’s decision. Since launch, ChampionX has installed hundreds of ESPs with SMARTEN XE controls, improving the operation of customers’ ESP systems.
    • Launched newly designed LOOKOUT® optimization services to provide real-time data with full ESP system control, advanced data visualization, integrated communications, and direct access to a team of multi-disciplined artificial lift experts. Powered by a modern digital backbone, LOOKOUT optimization services enable streamlined integration of diverse data sources and control solutions. LOOKOUT also leverages the full capabilities of the SMARTEN XE ESP control system, delivering advanced automation for ESP operations.
    • ChampionX’s Integrated Production Optimization (IPO) business continues to expand. A Permian operator, following a series of acquisitions, has expanded implementation of the IPO solution across newly acquired acreage – placing all new wells and ESP replacements under the IPO program. IPO has consistently delivered measurable production uplift, enhanced equipment reliability, stabilized reservoir pressure drawdown, and optimized chemical spend for the operator.
    • ChampionX’s Norris Sucker Rods has been awarded a large contract for the supply of approximately 35,000 sucker rods for a major customer in India. ChampionX won the contract based on superior reliability and in-country technical support, according to the customer.
    • Norris Rods received a large bulk order for sucker rods from a U.S. independent producer to assure supply for future operations and to mitigate the impact of tariffs. Norris Rods are manufactured from U.S. steel at the Company’s factory in Tulsa, Oklahoma.

    About Non-GAAP Measures

    In addition to financial results determined in accordance with generally accepted accounting principles in the United States (“GAAP”), this news release presents non-GAAP financial measures. Management believes that adjusted EBITDA, adjusted EBITDA margin, adjusted net income attributable to ChampionX and adjusted diluted earnings per share attributable to ChampionX, provide useful information to investors regarding the Company’s financial condition and results of operations because they reflect the core operating results of our businesses and help facilitate comparisons of operating performance across periods. In addition, free cash flow, free cash flow to adjusted EBITDA ratio, and free cash flow to revenue ratio are used by management to measure our ability to generate positive cash flow for debt reduction and to support our strategic objectives. Although management believes the aforementioned non-GAAP financial measures are good tools for internal use and the investment community in evaluating ChampionX’s overall financial performance, the foregoing non-GAAP financial measures should be considered in addition to, not as a substitute for or superior to, other measures of financial performance prepared in accordance with GAAP. A reconciliation of these non-GAAP measures to the most directly comparable GAAP measures is included in the accompanying financial tables.

    About ChampionX

    ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. ChampionX’s expertise, innovative products, and digital technologies provide enhanced oil and gas production, transportation, and real-time emissions monitoring throughout the lifecycle of a well. To learn more about ChampionX, visit our website at www.ChampionX.com. 

    Forward-Looking Statements

    This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include statements relating to the proposed transaction between SLB and ChampionX, including statements regarding the benefits of the transaction and the anticipated timing of the transaction, and information regarding the businesses of SLB and ChampionX, including expectations regarding outlook and all underlying assumptions, SLB’s and ChampionX’s objectives, plans and strategies, information relating to operating trends in markets where SLB and ChampionX operate, statements that contain projections of results of operations or of financial condition and all other statements other than statements of historical fact that address activities, events or developments that SLB or ChampionX intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. All statements in this communication, other than statements of historical fact, are forward-looking statements that may be identified by the use of the words “outlook,” “guidance,” “expects,” “believes,” “anticipates,” “should,” “estimates,” “intends,” “plans,” “seeks,” “targets,” “may,” “can,” “believe,” “predict,” “potential,” “projected,” “projections,” “precursor,” “forecast,” “ambition,” “goal,” “scheduled,” “think,” “could,” “would,” “will,” “see,” “likely,” and other similar expressions or variations, but not all forward-looking statements include such words. These forward-looking statements involve known and unknown risks and uncertainties, and which may cause SLB’s or ChampionX’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Factors and risks that may impact future results and performance include, but are not limited to those factors and risks described in Part I, “Item 1. Business”, “Item 1A. Risk Factors”, and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in SLB’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission (the “SEC”) on January 22, 2025 and Part 1, Item 1A, “Risk Factors” in ChampionX’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 5, 2025, and each of their respective, subsequent Current Reports on Form 8-K. These include, but are not limited to, and in each case as a possible result of the proposed transaction on each of SLB and ChampionX: the ultimate outcome of the proposed transaction between SLB and ChampionX, including the effect of the announcement of the proposed transaction; the ability to operate the SLB and ChampionX respective businesses, including business disruptions; difficulties in retaining and hiring key personnel and employees; the ability to maintain favorable business relationships with customers, suppliers and other business partners; the terms and timing of the proposed transaction; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed transaction; the anticipated or actual tax treatment of the proposed transaction; the ability to satisfy closing conditions to the completion of the proposed transaction (including the adoption of the merger agreement in respect of the proposed transaction by ChampionX stockholders); other risks related to the completion of the proposed transaction and actions related thereto; the ability of SLB and ChampionX to integrate the business successfully and to achieve anticipated synergies and value creation from the proposed transaction; changes in demand for SLB’s or ChampionX’s products and services; global market, political and economic conditions, including in the countries in which SLB and ChampionX operate; the ability to secure government regulatory approvals on the terms expected, at all or in a timely manner; the extent of growth of the oilfield services market generally, including for chemical solutions in production and midstream operations; the global macro-economic environment, including headwinds caused by inflation, rising interest rates, unfavorable currency exchange rates, and potential recessionary or depressionary conditions; the impact of shifts in prices or margins of the products that SLB or ChampionX sells or services that SLB or ChampionX provides, including due to a shift towards lower margin products or services; cyber-attacks, information security and data privacy; the impact of public health crises, such as pandemics (including COVID-19) and epidemics and any related company or government policies and actions to protect the health and safety of individuals or government policies or actions to maintain the functioning of national or global economies and markets; trends in crude oil and natural gas prices, including trends in chemical solutions across the oil and natural gas industries, that may affect the drilling and production activity, profitability and financial stability of SLB’s and ChampionX’s customers and therefore the demand for, and profitability of, their products and services; litigation and regulatory proceedings, including any proceedings that may be instituted against SLB or ChampionX related to the proposed transaction; failure to effectively and timely address energy transitions that could adversely affect the businesses of SLB or ChampionX, results of operations, and cash flows of SLB or ChampionX; and disruptions of SLB’s or ChampionX’s information technology systems.

    These risks, as well as other risks related to the proposed transaction, are included in the Form S-4 and proxy statement/prospectus that was filed with the SEC in connection with the proposed transaction. While the list of factors presented here is, and the list of factors presented in the registration statement on Form S-4 are, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to SLB’s and ChampionX’s respective periodic reports and other filings with the SEC, including the risk factors identified in SLB’s and ChampionX’s Annual Reports on Form 10-K, respectively, and SLB’s and ChampionX’s Quarterly Reports on Form 10-Q. The forward-looking statements included in this communication are made only as of the date hereof. Neither SLB nor ChampionX undertakes any obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by law.

    Investor Contact: Byron Pope
    byron.pope@championx.com 
    281-602-0094

    Media Contact: John Breed
    john.breed@championx.com 
    281-403-5751

    CHAMPIONX CORPORATION
    CONDENSED CONSOLIDATED STATEMENTS OF INCOME
    (UNAUDITED)

      Three Months Ended
      March 31,   December 31,   March 31,
    (in thousands, except per share amounts)   2025       2024       2024  
    Revenue $ 864,464     $ 912,037     $ 922,141  
    Cost of goods and services   572,938       600,154       622,937  
    Gross profit   291,526       311,883       299,204  
    Costs and expenses:          
    Selling, general and administrative expense   177,045       184,722       172,414  
    (Gain) loss on sale-leaseback transaction   —       —       (29,883 )
    Interest expense, net   13,196       12,375       13,935  
    Foreign currency transaction losses (gains), net   1,504       1,697       55  
    Other expense (income), net   (4,631 )     (5,026 )     2,927  
    Income before income taxes   104,412       118,115       139,756  
    Provision for income taxes   15,384       33,204       26,596  
    Net income   89,028       84,911       113,160  
    Net income attributable to noncontrolling interest   3,231       2,145       237  
    Net income attributable to ChampionX $ 85,797     $ 82,766     $ 112,923  
               
    Earnings per share attributable to ChampionX:          
    Basic $ 0.45     $ 0.43     $ 0.59  
    Diluted $ 0.44     $ 0.43     $ 0.58  
               
    Weighted-average shares outstanding:          
    Basic   191,143       190,586       190,803  
    Diluted   193,709       193,487       193,964  
                           

    CHAMPIONX CORPORATION
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (UNAUDITED)

    (in thousands) March 31, 2025   December 31, 2024
    ASSETS      
    Current Assets:      
    Cash and cash equivalents $ 526,559     $ 507,681  
    Receivables, net   417,639       466,782  
    Inventories, net   497,183       496,831  
    Assets held for sale   241,791       14,001  
    Prepaid expenses and other current assets   85,617       78,602  
    Total current assets   1,768,789       1,563,897  
           
    Property, plant and equipment, net   729,931       755,422  
    Goodwill   619,505       718,944  
    Intangible assets, net   247,907       258,614  
    Other non-current assets   134,258       173,375  
    Total assets $ 3,500,390     $ 3,470,252  
           
    LIABILITIES AND EQUITY      
    Current Liabilities:      
    Current portion of long-term debt $ 6,203     $ 6,203  
    Accounts payable   498,335       455,531  
    Liabilities held for sale   61,415       —  
    Other current liabilities   218,943       324,138  
    Total current liabilities   784,896       785,872  
           
    Long-term debt   590,746       591,453  
    Other long-term liabilities   220,054       261,749  
    Stockholders’ equity:      
    ChampionX stockholders’ equity   1,916,726       1,846,437  
    Noncontrolling interest   (12,032 )     (15,259 )
    Total liabilities and equity $ 3,500,390     $ 3,470,252  
                   

    CHAMPIONX CORPORATION
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (UNAUDITED)

      Three Months Ended March 31,
    (in thousands)   2025       2024  
    Cash flows from operating activities:      
    Net income $ 89,028     $ 113,160  
    Depreciation and amortization   60,056       59,580  
    (Gain) loss on sale-leaseback transaction   —       (29,883 )
    Loss on Argentina Blue Chip Swap transaction   —       4,092  
    Deferred income taxes   (10,941 )     (12,903 )
    Loss (gain) on disposal of fixed assets   1,616       1,107  
    Receivables   13,937       62,915  
    Inventories   (25,569 )     (39,873 )
    Accounts payable   40,675       68,248  
    Other assets   (19,955 )     (602 )
    Leased assets   (6,665 )     (4,254 )
    Other operating items, net   (75,380 )     (48,079 )
    Net cash flows provided by operating activities   66,802       173,508  
           
    Cash flows from investing activities:      
    Capital expenditures   (31,250 )     (31,912 )
    Proceeds from sale of fixed assets   3,004       2,390  
    Proceeds from sale-leaseback transaction   —       44,292  
    Purchase of investments   —       (17,162 )
    Sale of investments   —       13,070  
    Acquisitions, net of cash acquired   —       (21,472 )
    Net cash used for investing activities   (28,246 )     (10,794 )
           
    Cash flows from financing activities:      
    Repayment of long-term debt   (1,551 )     (1,551 )
    Repurchases of common stock   —       (49,399 )
    Dividends paid   (18,110 )     (16,247 )
    Other   (488 )     3,104  
    Net cash used for financing activities   (20,149 )     (64,093 )
           
    Effect of exchange rate changes on cash and cash equivalents   471       (1,161 )
           
    Net increase in cash and cash equivalents   18,878       97,460  
    Cash and cash equivalents at beginning of period   507,681       288,557  
    Cash and cash equivalents at end of period $ 526,559     $ 386,017  
                   

    CHAMPIONX CORPORATION
    BUSINESS SEGMENT DATA
    (UNAUDITED)

      Three Months Ended
      March 31,   December 31,   March 31,
    (in thousands)   2025       2024       2024  
    Segment revenue:          
    Production Chemical Technologies $ 523,390     $ 569,662     $ 590,108  
    Production & Automation Technologies   264,377       269,568       252,614  
    Drilling Technologies   50,530       51,942       55,206  
    Reservoir Chemical Technologies   26,926       21,937       24,705  
    Corporate and other   (759 )     (1,072 )     (492 )
    Total revenue $ 864,464     $ 912,037     $ 922,141  
               
    Income before income taxes:        
    Segment operating profit (loss):          
    Production Chemical Technologies $ 82,172     $ 103,567     $ 87,832  
    Production & Automation Technologies   37,554       39,027       28,470  
    Drilling Technologies   8,174       10,703       44,402  
    Reservoir Chemical Technologies   5,529       2,294       3,746  
    Total segment operating profit   133,429       155,591       164,450  
    Corporate and other   15,821       25,101       10,759  
    Interest expense, net   13,196       12,375       13,935  
    Income before income taxes $ 104,412     $ 118,115     $ 139,756  
               
    Operating profit margin / income before income taxes margin:          
    Production Chemical Technologies   15.7 %     18.2 %     14.9 %
    Production & Automation Technologies   14.2 %     14.5 %     11.3 %
    Drilling Technologies   16.2 %     20.6 %     80.4 %
    Reservoir Chemical Technologies   20.5 %     10.5 %     15.2 %
    ChampionX Consolidated   12.1 %     13.0 %     15.2 %
               
    Adjusted EBITDA          
    Production Chemical Technologies $ 109,065     $ 133,475     $ 118,031  
    Production & Automation Technologies   70,269       70,739       60,340  
    Drilling Technologies   10,237       12,321       16,074  
    Reservoir Chemical Technologies   6,347       3,751       5,346  
    Corporate and other   (5,049 )     (8,021 )     (8,079 )
    Adjusted EBITDA $ 190,869     $ 212,265     $ 191,712  
               
    Adjusted EBITDA margin          
    Production Chemical Technologies   20.8 %     23.4 %     20.0 %
    Production & Automation Technologies   26.6 %     26.2 %     23.9 %
    Drilling Technologies   20.3 %     23.7 %     29.1 %
    Reservoir Chemical Technologies   23.6 %     17.1 %     21.6 %
    ChampionX Consolidated   22.1 %     23.3 %     20.8 %
                           

    CHAMPIONX CORPORATION
    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES
    (UNAUDITED)

      Three Months Ended
      March 31,   December 31,   March 31,
    (in thousands)   2025       2024       2024  
    Net income attributable to ChampionX $ 85,797     $ 82,766     $ 112,923  
    Pre-tax adjustments:          
    (Gain) loss on sale leaseback transaction(1)   —       —       (29,883 )
    Russia sanctions compliance and impacts(2)   28       73       152  
    Restructuring and other related charges   1,059       2,704       1,709  
    Merger transaction costs(3)   10,232       14,434       —  
    Acquisition costs and related adjustments(4)   —       75       1,232  
    Intellectual property defense   382       158       779  
    Merger-related indemnification responsibility(5)   —       100       —  
    Tulsa, Oklahoma storm damage   —       —       305  
    Foreign currency transaction losses (gains), net   1,504       1,697       55  
    Loss on Argentina Blue Chip Swap transaction   —       —       4,092  
    Tax impact of adjustments   (2,971 )     (5,565 )     5,066  
    Adjusted net income attributable to ChampionX   96,031       96,442       96,430  
    Tax impact of adjustments   2,971       5,565       (5,066 )
    Net income attributable to noncontrolling interest   3,231       2,145       237  
    Depreciation and amortization   60,056       62,534       59,580  
    Provision for income taxes   15,384       33,204       26,596  
    Interest expense, net   13,196       12,375       13,935  
    Adjusted EBITDA $ 190,869     $ 212,265     $ 191,712  

    _______________________

    (1) Amount represents the gain on the sale and leaseback of certain buildings and land.
    (2) Includes charges incurred related to legal and professional fees to comply with, as well as additional foreign currency exchange losses associated with, the sanctions imposed in Russia.
    (3) Includes costs incurred in relation to the Merger Agreement with Schlumberger Limited, including third party legal and professional fees.
    (4) Includes costs incurred for the acquisition of businesses.
    (5) Expense related to the June 3, 2020 merger transaction with Ecolab in which we acquired the Chemical Technologies business.

      Three Months Ended
      March 31,   December 31,   March 31,
    (in thousands)   2025       2024       2024  
    Diluted earnings per share attributable to ChampionX $ 0.44     $ 0.43     $ 0.58  
    Per share adjustments:          
    (Gain) loss on sale leaseback transaction and disposal group   —       —       (0.15 )
    Russia sanctions compliance and impacts   —       —       —  
    Restructuring and other related charges   0.01       0.01       0.01  
    Merger transaction costs   0.05       0.07       —  
    Acquisition costs and related adjustments   —       —       0.01  
    Intellectual property defense   —       —       —  
    Merger-related indemnification responsibility   —       —       —  
    Tulsa, Oklahoma storm damage   —       —       —  
    Foreign currency transaction losses (gains), net   0.01       0.01       —  
    Loss on Argentina Blue Chip Swap transaction   —       —       0.02  
    Tax impact of adjustments   (0.01 )     (0.02 )     0.03  
    Adjusted diluted earnings per share attributable to ChampionX $ 0.50     $ 0.50     $ 0.50  
                           

    CHAMPIONX CORPORATION
    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES BY SEGMENT
    (UNAUDITED)

      Three Months Ended
      March 31,   December 31,   March 31,
    (in thousands)   2025       2024       2024  
    Production Chemical Technologies          
    Segment operating profit $ 82,172     $ 103,567     $ 87,832  
    Non-GAAP adjustments   1,658       2,251       3,933  
    Depreciation and amortization   25,235       27,657       26,266  
    Segment adjusted EBITDA $ 109,065     $ 133,475     $ 118,031  
               
    Production & Automation Technologies          
    Segment operating profit $ 37,554     $ 39,027     $ 28,470  
    Non-GAAP adjustments   764       75       2,076  
    Depreciation and amortization   31,951       31,637       29,794  
    Segment adjusted EBITDA $ 70,269     $ 70,739     $ 60,340  
               
    Drilling Technologies          
    Segment operating profit $ 8,174     $ 10,703     $ 44,402  
    Non-GAAP adjustments   766       306       (29,883 )
    Depreciation and amortization   1,297       1,312       1,555  
    Segment adjusted EBITDA $ 10,237     $ 12,321     $ 16,074  
               
    Reservoir Chemical Technologies          
    Segment operating profit $ 5,529     $ 2,294     $ 3,746  
    Non-GAAP adjustments   (278 )     39       16  
    Depreciation and amortization   1,096       1,418       1,584  
    Segment adjusted EBITDA $ 6,347     $ 3,751     $ 5,346  
               
    Corporate and other          
    Segment operating profit $ (29,017 )   $ (37,476 )   $ (24,694 )
    Non-GAAP adjustments   10,295       16,570       2,299  
    Depreciation and amortization   477       510       381  
    Interest expense, net   13,196       12,375       13,935  
    Segment adjusted EBITDA $ (5,049 )   $ (8,021 )   $ (8,079 )
                           

    Free Cash Flow

      Three Months Ended
      March 31,   December 31,   March 31,
    (in thousands)   2025       2024       2024  
    Free Cash Flow          
    Cash flows from operating activities $ 66,802     $ 207,250     $ 173,508  
    Less: Capital expenditures, net of proceeds from sale of fixed assets   (28,246 )     (37,117 )     (29,522 )
    Free cash flow $ 38,556     $ 170,133     $ 143,986  
               
    Cash From Operating Activities to Revenue Ratio          
    Cash flows from operating activities $ 66,802     $ 207,250     $ 173,508  
    Revenue $ 864,464     $ 912,037     $ 922,141  
               
    Cash from operating activities to revenue ratio   8 %     23 %     19 %
               
    Free Cash Flow to Revenue Ratio          
    Free cash flow $ 38,556     $ 170,133     $ 143,986  
    Revenue $ 864,464     $ 912,037     $ 922,141  
               
    Free cash flow to revenue ratio   4 %     19 %     16 %
               
    Free Cash Flow to Adjusted EBITDA Ratio          
    Free cash flow $ 38,556     $ 170,133     $ 143,986  
    Adjusted EBITDA $ 190,869     $ 212,265     $ 191,712  
               
    Free cash flow to adjusted EBITDA ratio   20 %     80 %     75 %

    The MIL Network –

    April 30, 2025
  • MIL-OSI USA: Cassidy Applauds Woodside Energy’s Historic $17.5 Billion LNG Investment in Louisiana

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) applauded the announcement that the Woodside Energy Group Ltd, will invest $17.5 billion in Calcasieu Parish for a greenfield liquified natural gas (LNG) export facility. The project, called Louisiana LNG, is the largest single greenfield investment and the largest single foreign direct investment in Louisiana history. Louisiana LNG will support 15,000 jobs during construction and thousands more per year once operational.
    “History is being made today because Louisiana has become a place companies want to invest in,” said Dr. Cassidy. “President Trump’s first 100 days have been filled with great wins for American energy and jobs. Louisiana has been at the center of it.”
    Louisiana LNG is the first greenfield LNG export facility to advance since President Trump rolled back the Biden-Harris administration’s disastrous pause on LNG export permits. 
    Background
    In January, Cassidy released a statement applauding President Trump’s executive order to lift the Biden administration’s harmful pause on liquefied natural gas (LNG) export permitting. Last year, immediately following the Biden-Harris administration’s announcement that they would freeze pending applications for LNG export permits, Cassidy led 25 of his Republican colleagues in condemning the decision. Cassidy also delivered a speech on the U.S. Senator floor blasting the decision.
    He also introduced with U.S. Senator John Barrasso (R-WY) the LNG Security Act to reverse President Biden’s LNG export ban and require the U.S. Department of Energy (DOE) to approve LNG exports to all countries that have imported, currently import, or are capable of importing Russian or Iranian natural gas. Additionally, he introduced the Unlocking Domestic LNG Potential Act, which depoliticizes the export of American liquefied natural gas. It eliminates the requirement for the DOE to authorize exports and instead gives the Federal Energy Regulatory Commission (FERC) sole authority over the approval process. 
    In February 2024, Cassidy penned an op-ed with U.S. Senator John Cornyn (R-TX) in the Houston Chronicle underscoring the devastating economic, environmental, and national security impacts of the Biden-Harris decision to freeze new LNG export projects.

    MIL OSI USA News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 10:28 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A1098W8 (DOM 1P-18R) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    10:28

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 29.04.2025, 10-28 (Moscow time), the values of the upper limit of the price corridor (up to 104.71) and the range of market risk assessment (up to 1228.84 rubles, equivalent to a rate of 10.0%) of the security RU000A1098W8 (DOM 1P-18R) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.MO/N89901

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Larisa Udovichenko, People’s Artist of Russia.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

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

    The telegram states, in particular:

    “You are one of the brightest and most talented actresses in Russian cinema. Thanks to your rare gift of transformation, you have created a whole gallery of memorable images and won the hearts of millions of viewers.

    And today you continue your active creative work, delighting your numerous fans, and inspiring young artists.

    I wish you good health, happiness and all the best.”

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 10:41 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JT403 (VEB.RF 18) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    10:41

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 29.04.2025, 10-41 (Moscow time), the values of the upper limit of the price corridor (up to 102.81) and the range of market risk assessment (up to 1077.58 rubles, equivalent to a rate of 8.75%) of the security RU000A0JT403 (VEB.RF 18) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N89904

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Dmytro Chernyshenko: New educational and sports infrastructure is being created in the Kherson region with the support of the Government

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    “We pay special attention to new regions. President Vladimir Vladimirovich Putin emphasizes that a comprehensive program for their socio-economic development is one of our nationwide, most important priorities. This applies to all areas, including education and science. In the Kherson region, with the support of the Government, new educational and sports infrastructure is being restored and created. More than 17 thousand students study at regional universities. About 4.5 thousand budget places have been allocated for the upcoming academic year. Vladimir Vasilievich, a new admissions campaign will start soon, I ask you to personally monitor its progress,” said Dmitry Chernyshenko.

    Students of the region are actively involved in scientific and educational activities and implement various projects. Youth laboratories operate in the region. Colleges of the Kherson region participate in the championship movement “Abilympics” and the championship “Professionals”.

    During the meeting, the topic of youth policy in the region was also discussed.

    “A new youth center will be opened this year under the “Region for the Young” program. The volunteer movement is actively developing in the Kherson region, with more than 7,000 people involved. The guys are great, they work in the regional center of the 80th anniversary of Victory, actively helping the participants of the SVO and their families,” the vice-premier said.

    Special attention in the Kherson region is currently paid to the development of sports infrastructure. This year, five open physical culture and health complexes for practicing various sports will be created in the subject, a martial arts center and a modular hall for table tennis are also being built, and sports facilities are being equipped with equipment.

    Dmitry Chernyshenko said that the Government, together with the region, will continue to restore and create infrastructure, and noted the important role of Deputy Prime Minister Marat Khusnullin in this process.

    The Kherson region will also receive support within the framework of the national project “Tourism and Hospitality”. Funds have been allocated for this from the federal budget.

    “The support provided by the Government of the Russian Federation, personally by President Vladimir Vladimirovich Putin and Dmitry Nikolaevich Chernyshenko, is of great importance for the Kherson region. Thanks to our joint work, we are restoring educational institutions, creating new opportunities for young people, developing sports and tourism. This is a serious contribution to the future of the region and strengthening its socio-economic potential. I am confident that together we will achieve all the goals set,” said the governor of the Kherson region.

    In the village of Schastlivtsevo, Dmitry Chernyshenko and Vladimir Saldo assessed the progress of construction of the branch of the Tavrida art cluster, which should become a center of attraction for creative youth. The work is planned to be completed by the summer of 2025.

    “This facility will become a year-round educational center for the youth of Russia’s historical regions. More than 50 buildings will accommodate over 300 participants – future creators, leaders, and professionals,” Vladimir Saldo emphasized.

    The national project “Youth and Children” and the Rosmolodezh programs implemented in the Kherson region were discussed at the site of the branch of the art cluster “Tavrida”.

    In addition, the Deputy Prime Minister and the Governor took part in the opening of the renovated acrobatics hall of the children’s and youth sports center. The facility was renovated on the instructions of the head of state and with the support of the Government.

    Dmitry Chernyshenko assessed the renovated premises, presented the Center with a certificate for equipment, watched the performances of the students, and also talked with young athletes and coaches. The Deputy Prime Minister, among other things, spoke about the preparations for the 2014 Winter Olympics in Sochi and the sports facilities in Sirius and recalled the goal set by President Vladimir Putin – to increase the share of Russians systematically involved in physical education and sports to 70% by 2030.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 10:52 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A106M41 (VTB B1-329) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    10:52

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 29.04.2025, 10-52 (Moscow time), the values of the upper limit of the price corridor (up to 166.35) and the range of market risk assessment (up to 2139.75 rubles, equivalent to a rate of 125.0%) of the security RU000A106M41 (VTB B1-329) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 10-56 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment of the LSRG (LSR JSC) security were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    10:56

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 29.04.2025, 10-56 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -88.57%), the transfer rate and the range of interest rate risk assessment (up to -2.38 rubles, equivalent to a rate of 120.28%) of the LSRG (LSR JSC) security were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: On 29.04.2025, the deposit auction of the PPC “TERRITORIAL DEVELOPMENT FUND” will take place (3)

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    Parameters: Date of the deposit auction 04/29/2025. Placement currency RUB. Maximum amount of funds placed (in the placement currency) 7,453,000,000.00. Placement term, days 42. Date of depositing funds 04/29/2025. Date of return of funds 06/10/2025. Minimum placement interest rate, % per annum 21.00. Terms of the conclusion, urgent or special (Urgent). Minimum amount of funds placed for one application (in the placement currency) 7,453,000,000.00. Maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

    The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 12:00 to 12:10. Applications in competition mode from 12:10 to 12:15. Setting the cutoff percentage rate or declaring the auction invalid before 12:25.

    Additional terms

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N89911

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial News: Over 500,000 Private Investors Made Deals Over the Weekend

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    On April 26, 2025, the maximum volume of transactions was recorded during the additional weekend trading session on the Moscow Exchange. At the end of the day, the trading volume amounted to 29.8 billion rubles.

    Over 505,000 people took advantage of the opportunity to make deals with shares on the Moscow Exchange in the first two months of weekend trading. During this period, traders and their clients made almost 3.5 million deals with a total volume of 154.1 billion rubles.

    30 professional bidders took part in the auction.

    Moscow Exchange reminds that on May 3-4 and May 10-11 trading on the stock market will be held within the framework of additional weekend session. A detailed schedule of trades during the May holidays can be found on the Moscow Exchange website.

    Participants have access to 100 shares of Russian companies during weekend trading sessions. Liquidity is supported by market makers. Trading is conducted within the framework of an additional weekend session, which is part of the trading day following the weekend. To reduce volatility risks and ensure liquidity, price boundaries during weekend trading are narrowed to 3% of the last current price of the previous trading day.

    Weekend trading on the Moscow Exchange stock market launched on March 1, 2025.

    A detailed description of the weekend trading technology is posted on the Moscow Exchange website.

    Stock Market Trading CalendarMoney Market Trading CalendarTrading calendar

    Contact information for media 7 (495) 363-3232Pr@moex.kom

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.K.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 11:45 am, the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the LSRG (LSR JSC) security were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    11:45

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 29.04.2025, 11-45 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -107.79%), the transfer rate and the range of interest rate risk assessment (up to -2.88 rubles, equivalent to a rate of 141.42%) of the LSRG (LSR JSC) security were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N89913

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Marat Khusnullin: Russians have built more than 170 thousand private houses since the beginning of the year

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Since the beginning of 2025, residents of the country have built and registered 170.4 thousand individual residential buildings. This was reported by Deputy Prime Minister Marat Khusnullin.

    At the April 15 meeting of the State Council Presidium on the development of infrastructure for life, Russian President Vladimir Putin noted that individual housing construction is the most important area in demand among citizens. The head of state also emphasized that it is necessary to expand this segment of housing, pay special attention to the provision of land plots, their provision with infrastructure and the creation of reliable mechanisms so that people can invest their funds in individual construction.

    “A number of measures have been taken to develop housing construction, including the individual housing construction sector. In recent years, interest in individual housing construction has grown significantly. Since the beginning of 2025, citizens have built and registered 170.4 thousand private houses with a total area of 24.7 million square meters in the Rosreestr, which is almost 17% more than in the same period of 2024,” said Marat Khusnullin.

    Today, individual housing construction accounts for more than half of the housing commissioning in the country. In 2024, 62.3 million square meters of private housing were commissioned in Russia, which became a record figure in the entire history of Russia.

    “The leader in this segment is the Central Federal District. Since the beginning of 2025, 36.6 thousand individual houses with a total area of 7.2 million square meters have been built here, or 29% of the total individual housing construction fund built since the beginning of 2025. Including in the Moscow Region, more than 14 thousand individual housing construction objects have been built and registered with the cadastral register, which is 38.2% of the total number in the Central Federal District,” commented Oleg Skufinsky, head of Rosreestr.

    Almost as in the Central Federal District, private construction is popular in the Volga region, where from January to March of this year, almost 31.7 thousand individual houses with a total area of 4.2 million square meters were built. The Republic of Tatarstan is the leader here with 10.5 thousand houses. At the same time, according to the results of 2024, the Republic of Bashkortostan became the leader in the number of private houses commissioned in the Volga Federal District (19.8 thousand houses).

    The Southern Federal District rounds out the top three, where 23.2 thousand individual housing construction objects with an area of 3.2 million square meters have been built since the beginning of 2025. This is 20% more than the figure for the same period in 2024. The best indicators in the district are in Krasnodar Krai – 10.8 thousand private houses.

    The main building material in the period under review was wood. According to the Unified State Register of Real Estate, 55.5 thousand individual housing construction objects with an area of 7 million square meters were built from it, which is 22% more than at the beginning of 2024. Slightly less often, citizens built houses from brick – 31.4 thousand houses with an area of 5 million square meters. The least amount of panel houses were erected – only 1.7 thousand buildings on 214 thousand square meters.

    As for the number of storeys, in most cases Russians built single-storey houses, 100 thousand of which were registered – this is 16% more than at the beginning of 2024. Two-storey buildings were erected in 65.1 thousand, three-storey buildings – 4.8 thousand.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: Number of borrowers and indebtedness of citizens decreased in the second half of 2024

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    For the first time since 2022, the total number of borrowers from banks and microfinance organizations decreased by 0.5 million in six months, amounting to just over 50 million people, according to data from credit history bureaus.

    Banks began to limit the risks of borrowers becoming over-indebted by reducing the average size of a cash loan (it decreased by 20%) and its term (the share of loans up to one year increased by 13 percentage points, to 21%).

    In Q4 2024, the number of the most indebted borrowers with at least three loans decreased by 0.5 million people, but they still account for about half of the debt on retail loans.

    The number of citizens with a mortgage remained at the same level, amounting to 10.2 million people. At the same time, banks began to issue mortgage loans for a term of over 30 years less frequently. The share of borrowers who take out a consumer loan before a mortgage has decreased. This indicates that the likelihood of a down payment using credit funds has decreased.

    Read more in the information and analytical material “Analysis of trends in the retail lending segment based on credit bureau data” for the second half of 2024.

    Preview photo: Urbanscape / Shutterstock / Fotodom

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 23582

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 13-14 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the SU26231RMFS9 security (OFZ 26231) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    13:14

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 29.04.2025, 13-14 (Moscow time), the values of the upper limit of the price corridor (up to 9.15) and the range of market risk assessment (up to 106.23 rubles, equivalent to a rate of 50.0%) of the SU26231RMFS9 security (OFZ 26231) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N89916

    MIL OSI Russia News –

    April 30, 2025
  • MIL-OSI Russia: Financial news: 04/29/2025, 13-17 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment of the LSRG (LSR JSC) security were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    04/29/2025

    13:17

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 29.04.2025, 13-17 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -127.01%), the transfer rate and the range of interest rate risk assessment (up to -3.39 rubles, equivalent to a rate of 162.56%) of the LSRG (LSR JSC) security were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N89917

    MIL OSI Russia News –

    April 30, 2025
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