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...
The two sides of a long-awaited bridge between Northeast China and the Russian Far East across the Amur River will be connected by the end of the week, Zvezda reported citing authorities.
Chinese authorities have ordered the construction of a customs and immigration facility for the bridge, which will serve as...
Site safety is the number one concern for a good project manager or foreman. Construction is an inherently dangerous occupation. Without intentional and well-developed preventative measures, a construction site is fraught with opportunities for serious accidents and injuries.
Prevention is the name of the game. Properly preparing the worksite with...
VTB began issuing mortgage loans for the purchase of land and the construction of a private house in a cottage community at a rate of 9.3% per annum, Russian media reported.
"At the first stage, the bank provides loans to objects with complex development from accredited developers," VTB said in...
At least 7.5 billion rubles ($118.6 million) was embezzled from funds allocated to the construction of the Zvezda (“Star”) shipyard in Russia’s Primorye region, a police investigation has revealed, according to Interfax.
The probe into the theft has been underway since 2014, while the shipyard has been under construction since...
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...
Russian President Vladimir Putin has declared that the country has "practically finished" preparations for the soccer World Cup, planned to be held from June 14 to July 15 in 11 Russian cities, Reuters reported.
"Russia is ready for the tournament and has only some last-minute ‘fine-tuning’ to do”, Putin said...
Roscosmos, the state space corporation of Russia, is planning to invest more than $453 million, along with its partners, aimed at the development of high-speed tram traffic at the cosmodrome in Vostochny and the nearby, TASS informed.
The venture is according to the concept of developing a tram system in...
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...
Under pressure from Washington, Copenhagen is deliberately delaying the issuance of a construction permit for the Nord Stream 2 project, two sources in Russian diplomatic circles told the Izvestya newspaper.
Denmark made special amendments to the legislation, which empower it to reject applications for the construction of pipelines in Danish territorial...
