Stories from Moscow · Russia

The Sukhoi Superjet-100 narrow-body aircraft could begin regular passenger service by the end of this year. Russian Minister of Industry and Trade Anton Likhanov stated this in an interview with RIA Novosti.

Moscow-based football club Spartak Moscow announced via its Telegram channel that it has extended the contract for Dmitry Igdisamov.

Russia has purchased a record volume of gold amidst a crackdown on smuggling. The increased gold acquisition by Russia is.

Prosecutors have linked a sum of 13.5 billion rubles to patronage by regional officials.

Deputy Minister of Industry and Trade Ekaterina Priyezheva reported that the registry now contains three times more domestic factories and nine times more wholesale organizations than before the implementation of mandatory labeling.

Aviation disruptions have caused flight delays and cancellations across Russian cities. This suspension follows a UAV attack on the air navigation building in Rostov-on-Don. The dates for the resumption of services are currently unknown. Russians traveling abroad are experiencing flight delays due to airspace closures. A coordinating body is responsible for closing airspace to ensure safety and remove civilian aircraft from potential air defense zones. Southern Russia's airspace was already largely closed, and these restrictions are a blow to air traffic and airline revenue during the May holidays. The situation is not expected to be resolved in the near future. Russia's Ministry of Transport announced that a decision on the timing of resuming flights to Southern Russia with reduced frequency will be made soon.

The International Mixed Martial Arts Federation Executive Committee decided to restore the membership of the Russian Mixed Martial Arts Union. This decision allows Russian junior fighters to participate in international competitions under the Russian flag starting this year. The move is described as a first step toward the full return of Russian fighters to the global arena. The decision will be implemented across 71 Russian regions and 14 countries. This decision allows Russian youth athletes under the age of 17 to compete in international competitions using the national flag and anthem. According to Sports Minister Mikhail Dyikteriev, the rights of all Russian martial artists will be restored in stages throughout the year. Further positive developments regarding other sports are expected later this month.

President Vladimir Putin met with Kamaz CEO Sergey Kogokhin at the Kremlin. During the meeting, Putin noted that Kamaz is acting correctly by seeking advice from active-duty military personnel when developing military vehicles.

The Russian state has acquired a 65% stake in RusAgro. A Russian military enterprise, primarily producing defense systems, automated equipment, and low-voltage electrical equipment, is supporting Russia's combat equipment production for the Ukraine conflict. This follows a court decision that partially granted a lawsuit to seize assets from former senator and agro-holding founder Vadim Mashkov in a corruption case. Authorities also confiscated 10.5 billion rubles from Mashkov's accounts. RusAgro shares rose by more than 3% on the Moscow Exchange following the news.

The share of bankruptcies has approximately doubled over the past year, according to Vasily Kutinin, Director of Analytics at Ingobank. Kutinin noted that market players have felt the impact of changing trends in vehicle depreciation and mortgage settlements.