Wednesday, July 6, 2022
Russia’s national postal operator Russian Post has approved its development strategy, which plans about 68 billion rubles ($1.1 billion) to be allocated for the upgrade of offices in 2020-2030, the company said this week, according to Finmarket. "The approved development strategy of the Russian Post for the period of 2020-2030...
Sergiev Posad, an important Orthodox Christian pilgrimage site near Russia’s capital and home of the Russian Church’s Moscow Patriarchate, is about to experience a momentous change with new Kremlin plans to create a “Russian Vatican” on the site, Vedomosti wrote last month. Under the plan revealed by the business newspaper, Russian...
Regional leaders on Friday launched construction work on the Afghan section of an $8-billion (€6.5-billion) natural gas pipeline from Turkmenistan via Afghanistan and Pakistan to India, The New York Times reports. Turkmenistan holds the world's fourth-largest gas reserves but has been heavily dependent on exports to China after Russia cut...
According to TASS, the average cost per square meter of flats in Moscow grew by 17% in August 2021 compared to the previous year, while in St. Petersburg it increased by 34%, according to Alexei Popov, the chairman of the CIAN analytical center, TASS reports. In August, the average projected...
The concept of a new super heavy-lift launch vehicle is expected to be ready by mid-December, Head of Russia’s Roscosmos Scientific and Technical Council Yuri Koptev said in an interview with the Izvestya newspaper. "As of today, the closest benchmark is the middle of December 2018. By that time, we will...
Works on a cutting-edge Lider-class destroyer for the Russian Navy may begin in 2020, Navy Deputy Commander-in-Chief for Armament Viktor Bursuk said on Wednesday, according to Zvezda TV. "A preliminary design has been made. Following its results, we are now making the necessary decision and work on its technical...
A tender for the construction of a passenger cableway in Russia’s Altai region was awarded to a subsidiary of Austrian company Ropetrans International GmbH. The company will be engaged in the delivery, installation, and commissioning of the equipment of the cableway in the Siberian Federal District, Interfax reported. A corresponding agreement...
Investment in Russia’s real estate market rose by 30 percent year-on-year in the first quarter of this year, the best result in the last three years, according to U.S.-based consultancy JLL. Real estate investment volumes reached $967 million in the first quarter of 2019, up from the $742 million invested...
Russian companies have reportedly expressed interest in building the first nuclear power plant in Saudi Arabia, as the Gulf country is pushing ahead with its renewables and nuclear power projects to meet rapidly growing power demand. According to Bloomberg, top Saudi officials said in Abu Dhabi that the contract for...
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...

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