Wednesday, May 7, 2025
World renowned design studio Zaha Hadid Architects has been awarded another big project in Russia, this time in partnership with a local company, The Calvert Journal reports. The two companies said they are aiming for a "people-centric" sustainable smart city. Located to the west of Russia's capital city, the 460-hectare site will be turned...
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 new power unit at the Tianwan Nuclear Power Plant (NPP) in China will begin in 2021, according to Russia’s state nuclear corporation Rosatom. It is the biggest joint NPP project between the two nations. “Together with the Chinese partners, we have already built four power units at...
Construction of the 462-meter Lakhta Center skyscraper in St. Petersburg officially came to a close last week when city authorities announced that they had included the building into Russia’s property register, six years after the start of construction, Sankt Petersburg TV reported. Located in the northern part of Russia’s second-largest city,...
The Russian government is mulling the continuation of a massive old infrastructure project – the country’s northernmost railway line Bovanenkovo – Sabetta, in the Arctic circle, Vedomosti reports. According to the report, state-run Russian energy giant Gazprom will work with Russian Railways on the construction of the railroad which will run to the...
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...
The construction of the Russian industrial zone in the area of Suez Canal has begun, Russian Foreign Minister Sergey Lavrov has announced, according to TASS news agency. Trade between Russia and Egypt is increasing, currently exceeding $6.5 billion, Lavrov wrote in an article for Egypt's state-run Al-Ahram Daily newspaper, quoted...
Russian environmental organizations have protested Gazprom’s plans to build a gas pipeline to China in the Golden Mountains of Altai, a UNESCO World Heritage site, Kommersant reports. The company’s works through the Ukok Plateau in Altai come following comments from Gazprom CEO Alexei Miller, who said last week that the...
The Russian Government has proposed that from 2019, the number of foreign workers employed in the construction sector will be limited to 80% of the total number of workers in an enterprise, the Kommersant business newspaper reports. "There will be a reduction in the foreign labor force in the...
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...