Sunday, March 3, 2024
A masterplan competition for the coastal city of Novorossiysk was awarded to Zaha Hadid Architects (ZHA), the studio announced, according to Arch Daily. ZHA teamed up with Russian practice Pride TPO to compete for the Admiral Serebryakov Embankment competition and was selected out of 40 teams from 13 countries. Miralles...
South Korea’s Hyundai Construction Equipment Co., an equipment producer under Hyundai Heavy Industries Group, said that it has clinched a $30 million order from Russia, Yonhap News reported last week. The company will supply 300 units of construction equipment, including 260 excavators, to a Russian customer by the end of...
Russia has lost the top spot among European countries in commissioning new areas in shopping centers, RIA news agency wrote citing a report by American commercial real estate services company Cushman & Wakefield. The report, titled: European Shopping Centres: The Development Story, provides an overview of shopping center stock levels and development activity...
Local authorities in Moscow have announced that construction work can go ahead on the tallest residential building in Europe in the city’s International Business Centre, the 405 meters tall “One Tower”, the Moscow Times reported. The skyscraper, designed by world-renowned studio Sergey Skuratov Architects, was given planning permission in...
Turkish construction companies have expressed interest in transport projects in Russia which are part of the Comprehensive Plan for upgrade and expansion of the Russian mainline infrastructure by 2024, transport minister Yevgeny Ditrikh said on Friday at the Russian Investment Forum in Sochi. "Our preliminary negotiations with Turkish companies highlighted...
Ukraine’s Ministry of Economic Development and Trade lifted sanctions against the Russian coal supplier Yuzhtrans. The relevant order of December 28, 2017, was published in the electronic database of the ministry’s documents, Russian Tass agency reported. Ukraine introduced sanctions against 18 Russian companies on October 30, 2017, including Yuzhtrans. The...
The construction of a 12km-long bypass, already dubbed Russia’s largest road project for the next five years, has been launched by authorities in Russia’s Volgograd Region, Aif.ru reports. “This project is one of the largest for the next five years I’m not talking merely about money, I’m...
Russian-born business executive Felix Sater will be interviewed by the U.S. House intelligence committee about his role in President Donald Trump's effort to build a skyscraper in Moscow during the presidential election, the Washington Post reports. The staff-led, closed-door interview is part of the committee's investigation into Russian interference in...
Russia is planning to build a new transport and logistics center close to its border with China, WorldHighways reported. The facility will be constructed in the Jewish Autonomous Region in the country’s Far East, sited close to the new Amur River Bridge, currently being constructed to improve transport links...
Russia-focused British real estate company Raven Property Group (RAV) has updated the value of its portfolio in the country on Tuesday, citing expectations of continued growth in Russia’s economy and its real estate sector, according to QuotedData. Along with the portfolio increasing in value, a stronger Russian ruble, on account...