Yes, utility model is always granted by relevant authority in pertinent state in which you seek utility model protection for your invention. The utility model protection of your invention does not automaticaly arises once you create your invention similarly to copyright protection system.

As the territorial principle applies here, the protection is only granted within the country in which you have registered your utility model. That means you are not protected by your Russian federation utility model in the Germany or vise versa.

Alternatively you can also apply for a patent, however for most optimal way to protect your invention it is highly recommended to seek an advice from qualified IP law specialist.

Basicaly the same requirements applies as with patents – novelty, inventive step and invention must be capable of industrial/business usage. Many countries also have exclusions from subject of utility model, meaning that certain inventions can not be registered as utility model such as mathematical methords, plant or animal varieties, methods of medical treatment etc.

As there is no international legal framework governing utility models, various countries have different standards for registration of utility models. Some of them do not require inventive step and some of them examine novelty only at a local level. There are various combinations and differences and therefore it is always good to consult national law of pertinent country in which you seek the protection first.

Utility model system exists on national level. There is no international level of protection for these except african ARIPO and OAPI way of registration.

If you are willing to protect your invention on the national level through utility model, many countries of the world have established national utility model systems which are mainly administered by the national industrial property offices. For comprehensive list of countries which have established utility model legislature check out this site.

Once your utility model is registered you have exclusive right to authorize everyone else for its usage, selling, distribution and a few other related rights. In other words, no one can legaly use your invention protected by utility model without your prior consent.

Protection period may wary from country to country as there is no international legal framework regulating this. It mostly ranges from 6 to 15 years. The rule is that it lasts for less time than patent protection period. 

Patent protection is usually longer than utility model protection.

There are various ways of monetizing your utility model. Two main options are that you either use your invention protected by utility model to get competitive edge in your market area and second is that you sell your utility model to someone who can use it as his competitive edge. Another very popular option is to licence your utility model to someone else and gain passive income regularly.

Main differences are that utility model registration is faster, cheaper with less registration requirements and protection period is shorter.