Friday, July 19, 2024
A facility for shipbuilding and repair in Russia’s Arctic will be set up in the Murmansk Region by three affiliates of the state-run United Shipbuilding Corporation (USC), Russian Minister of Industry and Trade Denis Manturov told reporters on Friday, according to Izvestia. "We have finalized the decision with USC and...
Housing construction and industry were the two prime growth drivers last month with volumes of the former up by 6.7% y/y (0.6% in March) and industrial production jumping by 4.6% y/y on higher oil and gas output and the calendar factor, BCS Global Markets said, commenting on the latest...
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...
A deposit of basaltic porphyry, which may be used in construction, was discovered in the Nenets Region, the regional administration’s press service said on Thursday, TASS writes. "A deposit of basaltic porphyry has been discovered in the Nenets Region," the press service said. "This stone will be used at the...
Russian engineering company Mosinzhproekt and the China Railway Construction Corporation (CRCC) plan to set up a joint venture for the construction of subways around the world, Moscow Deputy Mayor Marat Khusnullin has said, according to Interfax. He said that several agreements have already been sealed with Chinese partners, particularly on the implementation of...
Russian President Vladimir Putin congratulated road workers on their professionalism and noted the serious, multifaceted work to modernize road facilities in the past few years, RIA Novosti informed citing the Kremlin. The head of the Russian Federation added that highly skilled specialists always worked in the road complex, noting that...
The new terminal currently in construction at Moscow's Domodedovo Airport will not be launched for at least another year, Vedomosti reported.  Authorities had planned to permanently open the T-2 terminal in time for the 2018 World Cup, but Russia’s Federal Agency for Air Transport, Rosaviatsiya, failed to build a second...
Russia has lost the top spot among European countries in commissioning new areas in shopping centers, RIA news agency wrote citing a report by American commercial real estate services company Cushman & Wakefield. The report, titled: European Shopping Centres: The Development Story, provides an overview of shopping center stock levels and development activity...
A freshly built military communication center in the Republic of Tyva has gone operational, the press-service of the Central Military Region said on Friday, Tass informed. "In a special ceremony held inside the new building the first shift on duty was given orders to get down to work. The new...
Russia is unlikely to construct a new aircraft carrier in the next ten years, the scientific director of the Krylov State Scientific Research Center Valery Polovinkin has said, adding that this class of ship is unlikely to appear before 2030-2035. “The manufacturing capability of Russian plants make it possible...