Wednesday, September 22, 2021
Roscosmos, the state space corporation of Russia, is planning to invest more than $453 million, along with its partners, aimed at the development of high-speed tram traffic at the cosmodrome in Vostochny and the nearby, TASS informed. The venture is according to the concept of developing a tram system in...
Energia Space Rocket Corporation of Russia intends to build a new reusable space freighter based on the newest Oryol crewed spacecraft under construction, Energia Chief Designer and Twice Hero of the Soviet Union Vladimir Solovyov said TASS on Monday. "We aim to build a reusable cargo spaceship based on the...
VTB began issuing mortgage loans for the purchase of land and the construction of a private house in a cottage community at a rate of 9.3% per annum, Russian media reported. "At the first stage, the bank provides loans to objects with complex development from accredited developers," VTB said in...
Prices for new buildings in Russia have increased by 15.5% in 2020, and by 13% from the beginning of 2021. On average, there is a rise in price by 25%, said Vitaly Mutko, general director of DOM.RF, at a meeting with Russian President Vladimir Putin. With such a rise in...
Russia wants to install 51 additional military infrastructure components on the Kuril Islands, according to Reuters, citing the state-run TASS news agency. Japanese territory claims part of the chain, and the territorial issue extends back to the Soviet Union's seizure of several islands at the close of World War II....
Russia announced on Tuesday that train movement across a Trans-Siberian railway bridge in the country's far east, which was destroyed by floods last week, has been fully restored. The world's longest railway serves as a vital link in the Russian economy, transporting not only people but also goods such as oil, wood,...
Nornickel proposes to improve the Dudinka port in the Krasnoyarsk Region for up to 26 billion rubles ($353 million). According to the corporation's Senior Vice President Sergei Dubovitsky, the port's capacity will increase by a third. Nornickel's Polar Division is in charge of the Dudinka port. It serves as both a...
The government will compensate developers for the rise in prices for building materials, Russian Deputy Prime Minister Marat Khusnullin told Russian media. According to him, the situation with prices for building materials in Russia is "very difficult". Therefore, the government made an appropriate decision, and the rise in prices "will...
Cranes hover above the gleaming Neva River at St. Petersburg's historic Baltic Shipyard, where hundreds of workers are constructing four nuclear-powered icebreakers. The massive warships, which are emblazoned with the Russian flag and named after the country's northern regions, are designed to maintain Moscow's control over the melting Arctic. Russia has...
Rostourism, the Russian Federation's Federal Agency for Tourism, introduced a program of concessional loans to investors for hotel development and restoration, Zarina Doguzova, the department's chief, announced. “By 2024, we predict that the number of loans granted would be around 200 billion rubles. These monies will be used to begin...

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