Russia wants to install 51 additional military infrastructure components on the Kuril Islands, according to Reuters, citing the state-run TASS news agency.
Japanese territory claims part of the chain, and the territorial issue extends back to the Soviet Union's seizure of several islands at the close of World War II....
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...
Russia will build a large, modern naval base in the town of Kaspiisk in its Republic of Dagestan, the country’s Defense Minister Sergei Shoigu said, according to the Dagestan office of RIA news agency.
The defense minister said that Russian specialists already started the work to expand the bay in the...
Russia has allotted some $235 million to reconstruct airport infrastructure in its Far East region in the next two years, Asia Times reported. The move is aimed at stopping further depopulation in an area that accounts for more than a third of the country’s territory but just 5% of its...
In a bid to develop transport links in the remote Yakutia region, Russia plans to build a $1.3 billion bridge across the Lena River, Kommersant reports.
The project, set to be finished in 2025, has been approved by Russian President Vladimir Putin, the business newspaper wrote on Monday.
The Russian leader...
A delegation of Russian oil major Lukoil’s executives met with the Cameroonian Minister of Water and Energy Gaston Eloundou Essomba this week, with both sides continuing the discussions over the reconstruction of the national refining company Sonara, Business in Cameroon reported.
The talks on the project started in October 2019...
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...
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 -...
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...
Housing cooperatives, a remnant from the Soviet-era, could become a solution to Russia’s housing problem, Fontanka.ru writes.
In the years after the dissolution of the Soviet Union, housing cooperatives had fallen out of fashion and Russia’s governments put an emphasis on mortgages instead. In the second half of the 2000s,...
