Russia has risen to 10th place in the world ranking of growth in housing prices, Russian media reported.
Turkey is still the absolute leader - +29.2%, followed by New Zealand with +25.9%. The three leaders are closed by the States and Slovenia, where the growth was 18.6%.
Russia added 14.4% for...
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...
Russia’s Kalashnikov Concern, owned by state-run tech corporation Rostec, has completed the acquisition of shipbuilding assets, gaining a full set of competencies to enter the industry, the company’s CEO Vladimir Dmitriev told TASS news agency in an interview on Wednesday.
"We are not planning to expand this business and...
Ryanair, EasyJet and Wizzair are among international low-cost airlines which have submitted bids for 33 destinations out of St Petersburg’s Pulkovo Airport next year, Vedomosti reported.
Awarding the slots would require that the airport complies with the Open Skies regime, the business newspaper writes. Last week, after years of lobbying,...
Russia said Monday that Turkey's decision to turn the iconic Hagia Sophia in Istanbul into a mosque was the country's own business, The Moscow Times reported.
Turkey's move followed a court decision last week revoking the museum status of the UNESCO World Heritage site, and has triggered a global outcry.
"We...
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...
In another sign of deteriorating U.S.-Russia relations, the Pentagon announced it will stop using commercial satellites launched with Russian rockets beginning in 2023, The Moscow Times reported.
The decision could deal a blow to Russia's industry while also helping U.S. startups like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin....
The Russian state nuclear energy corporation, Rosatom, held a workshop this week on for representatives of Saudi companies based in the west of the Gulf country, the Saudi Gazette reports.
The workshop was held at the Jeddah Chamber of Commerce Industry (JCCI) headquarters and under its support.
“The realization of an...
Rostourism, the Russian Federation's Federal Agency for Tourism, introduced a program of concessional loans to investors for hotel development and restoration, Zarina Doguzova, the department's chief, announced.
“By 2024, we predict that the number of loans granted would be around 200 billion rubles. These monies will be used to begin...
Dangers could be lurking around the corner for Russian steel makers despite them ramping up production and making the most of rising prices and demand in 2017, Reuters reports.
The country’s top two steel companies, NLMK and Evraz, reported this week their 2017 output is up by about 3 percent,...
