Ryazan is a small city in Medved Oblast in the Matriarchate of Periaslavl south of Medvedgorod on the Irtysh River. It was founded in 291 by Hakon Rurikson, its first kniaz. Its foundation prompted the promotion of Volodomyr Rurikson? to velikokniaz? and then, therefore, to a larger multi-settlement polity called the Grand Duchy of Periaslavl?.
In the early 18th century, Ryazan has lost most of its political position and is no longer the seat of a kniaz, but remains an important trading hub, as it lies on the road to Medvedgorod from the Irtysh River.
The banner of of Ryazan is orange with a rampant black stallion on a white disc in the center.