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...
Russia’s Energy Ministry considers it reasonable to attract foreign investors to exploration of the Russian Arctic shelf for unallocated licenses, minister Alexander Novak told reporters on Tuesday, according to TASS.
"We believe that it may be considered within the unallocated subsoil reserve fund," he said, adding that today the law...
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...
Russia’s metals company Norilsk Nickel (Nornickel) will undertake an ambitious project to finance 50% of a housing renovation project in its home city of Norilsk in the Krasnoyarsk Region, TASS reported.
The program’s total cost is estimated at 85 billion rubles ($1.37 billion), the company’s Vice President Dmitry Pristanskov told...
In order to build equipment components and conduct further heat treatments, Metinvest-SMC has begun supplying hot-rolled sheets, a press release writes.
Military vehicles, medical transport, and public transportation operating close to battle zones can all be armored with armored components.
Right now, Metinvest-SMC is prepared to provide hot-rolled, 30MnB5 steel sheets...
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...
Precious metals miner Polymetal International said Wednesday it has been added to the MSCI Russia Index for the first time since it listed on the Moscow Exchange in June 2013, Morningstar reports.
The company, operating in Russia, Kazakhstan and Armenia, said the index measures the performance of large and mid-cap companies in...
The construction of a launch pad for the Angara carrier rocket is underway at the Vostochny spaceport in the Russian Far East, materials presented by the Khrunichev Space Center reveal, according to RIA.
"Work is underway at the Vostochny spaceport to build infrastructure for preparing launches of Angara carrier rockets...
Russian steel producer Evraz declared a second interim dividend after a half-year where earnings and free cash flow surged, Finam.ru reports.
The FTSE 100 group increased revenue 24.2% to $6.3 billion in the first six months of the year. Revenues were up 12% from Russia to $2.3 billion, 29% in...
After 30 years, a failed Soviet rocket project from the end of the 1980s might see new life, as Russia is planning a new super-heavy rocket based on the Energia from 1988, Popular Mechanics reports.
According to the report, although a high-profile expensive project would invigorate the troubled industry, its...
