A port in Russia's Far East could be developed by South Korea in order to help local companies take advantage of its strategic location, the country’s Oceans Ministry said on Monday, according to Yonhap News.
The Ministry of Oceans and Fisheries said it will carry out the feasibility study until...
President Vladimir Putin drove across a new 12-mile bridge to Crimea in a large orange construction truck on Monday, inaugurating his latest megaproject and tightening Moscow’s claim to the disputed territory, The Guardian reported.
The bridge, finished six months ahead of schedule, established a land link from Russia to the Crimean...
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 -...
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...
Security agents in Poland have arrested a government official on suspicion of providing Russia with secrets about tactics Warsaw planned to use to try to block the construction of the Nord Stream 2 gas pipeline, the Polish government said on Monday.
Stanislaw Zaryn, spokesman for the minister responsible for the...
Russia has demanded compensation from the United States through the World trade Organization (WTO) for Washington’s decision to impose global tariffs on steel and aluminium, Reuters reported.
A WTO statement, circulated at the request of Moscow, describes Donald Trump administration's decision as a "safeguard measure" that under WTO rules should...
House prices in Russia rose by 3.63% during 2019 to the third quarter of the year, a sharp improvement from last year’s 0.18% increase and the highest growth since Q4 2012, Global Property Guide reports.
During the latest quarter, nationwide house prices increased 1.69%. Moscow’s prices were up by 5.49%...
The construction sector in Russia might face financial losses circa 10% amid the current pandemic situation, Deputy Prime Minister Marat Khusnullin said in an interview with Pavel Zarubin on Rossiya-24 TV channel.
"It will only be possible to estimate the losses of each region (when calculating - TASS) the results...
The company that built the controversial Kerch Strait bridge in Russia-occupied Crimea, Stroigazmontazh, is also ready to build a bridge to link Russia’s Far eastern island of Sakhalin and mainland, RBK reports.
Billionaire Arkady Rotenberg, chairman of the company’s board of directors, was speaking about the subject in an interview with the...
A ruined palace once used by the Russian tsars can now be taken over and renovated by the country’s biggest oil company, state-run Rosneft, draft legislation provisionally backed on Tuesday by lawmakers reveals, according to Reuters.
The Ropsha Palace, 18th-century residence near St. Petersburg built by order of Peter the...
