Thursday, September 23, 2021
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...
Russia's Ministry of Construction anticipates that the construction industry's steady growth will halt the steep rise in building material costs, as revealed by Irek Fayzullin, the department's chief, at the Innoprom International Industrial Exhibition, TASS reports. The volumes in industrial and civil construction allow us to have a steady...
Investors will construct over 300,000 square meters of commercial real estate outside the capital's core, where more than 7,600 people will be able to work, under the terms of five agreements on the program to encourage the creation of jobs. According to Deputy Mayor for Economic Policy Vladimir Eftimov, the...
There are almost 180 thousand prisoners in Russia who could work on construction sites. "This is quite a lot. Even if we mobilize 20-30% of them, then this is already not bad," Deputy Prime Minister Marat Khusnullin said in an interview with the Russia 24 TV channel. A similar experience...
The Russian authorities plan to attract 1 trillion rubles ($13.1 bln) of non-budgetary funds for the construction of roads in the country in the next three years, Deputy Prime Minister Marat Khusnullin told reporters during the Transport Week, TASS writes. "We have set the task of attracting extra-budgetary money -...
A deposit of basaltic porphyry, which may be used in construction, was discovered in the Nenets Region, the regional administration’s press service said on Thursday, TASS writes. "A deposit of basaltic porphyry has been discovered in the Nenets Region," the press service said. "This stone will be used at the...
Arctic LNG 2 entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between Novatek and Sovcomflot), with the construction of LNG tankers planned at the Zvezda Shipbuilding Complex, Novatek said in a statement on Monday, TASS writes. The signing of charter agreements...
Zvezda Shipbuilding Complex has been licensed to build LNG tankers with membrane tanks. The Technical Assistance and License Agreement (TALA) was signed with the French engineering company Gaztransport & Technigaz (GTT), Rosneft has reported. Preparing for licensing, Zvezda made a sample membrane tank thus confirming is competency, Sea News...
Russian-flagged pipelayer Fortuna has departed from the German port of Mukran and entered Danish waters, shortly after Copenhagen expanded the list of ships allowed to participate in construction of the Nord Stream 2 gas pipeline, Russia Today reported. Data from vessel tracking websites showed that Fortuna was sailing in Danish...

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