Thursday, June 4, 2026
The Amur Shipbuilding Plant in Russia’s Far East may receive the largest order for the construction of warships in its history, sources told Vedomosti. According to a top manager in the industry and a person close to the Russian Defense Ministry, the parties are discussing the terms of a contract...
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...
The construction of a new coal terminal was expected to be completed this year, but a shipping source close to the project said this was likely to have been postponed until at least 2019. Russia-based holding company Oteko is funding the construction of the terminal. Oteko did not respond to...
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...
Due to an industrial production drop, Russia’s economy has experienced a sudden shrinkage in November, Reuters reports. The gross domestic product has decreased by 0.3 percent in November, the economy ministry said, contrasting with analysts’ consensus call for a 1.5 percent growth. Russia’s oil-dependent economy was on the mend in 2017 after...
Moscow, Russia and Pakistan have signed a memorandum of understanding (MoU) on implementing a project to build an underwater gas pipeline from Iran to Pakistan and India, the Russian Energy Ministry said in a statement on Thursday, according to Neftegaz.ru. "The memorandum provides for the identification of authorized organizations through...
Russian Prime Minister Mikhail Mishustin signed a government order to allocate 74 billion rubles to 34 regions for the construction of 128 schools, the press service of the government said. "The second stage of selection of projects for the construction of schools in the regions has been completed in Russia....
Prices for luxury apartments in Moscow are rising at a second-fastest pace in the world, Kommersant reports citing a survey by real estate agent Knight Frank. According to the real estate consultancy’s report, which covered the first quarter of this year, out of 45 major global cities, only Berlin...
Eight of the 12 stadiums hosting the FIFA World Cup 2018 in Russia have been constructed using Tekla Structures software, American construction software heavyweight Trimble said, according to Russia Construction. According to a statement from the Sunnyvale, California-based company, Tekla Structures is an advanced Building Information Modeling (BIM) tool, which...
The modernization of an airport in the contested region of Crimea, which Russia annexed from Ukraine in 2014, is nearing completion, Izvestya reports. The revamped airfield can, if necessary, become a permanent base for strategic missile carriers and long-range bombers, the newspaper writes. Belbek, located close to the Black City...