"CADRES AND SOLDIERS OF THE SPECIAL TACTICAL POLICE UNIT EMULATE TO ACHIEVE EXCELLENCE TO CELEBRATE THE PARTY, THE SPRING, AND THE COUNTRY ENTERING THE ERA OF RISING UP!"
translation by a Vietman: "Cadres and fighters/soldiers of the special police unit competing to form achievements, celebrating the party, spring and the country moving into a new era of overcoming one's self"
"Varyag" The Russian name for the Varangians, a group of Vikings which settled in Rus during 8th Century, in Russian culture they're effectively just knights. The spelling with the hard sign at the end appears to be from Old Russian specifically, the font is a common archaic font similar in usage to gothic/blackletter.