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...
Construction of the Northern Latitudinal Railway (NLR) - a new railway line in Russia’s Far North region of Yamalo-Nenets, will help in improving the region’s transport and social situation, the Region’s Acting Governor Dmitry Artyukhov has said, according to Sever-Press.
The region is home to Russia’s largest liquid natural gas...
A masterplan competition for the coastal city of Novorossiysk was awarded to Zaha Hadid Architects (ZHA), the studio announced, according to Arch Daily.
ZHA teamed up with Russian practice Pride TPO to compete for the Admiral Serebryakov Embankment competition and was selected out of 40 teams from 13 countries. Miralles...
For more than 25 years, Omsk, one of Russia’s largest cities, located deep in Siberia, has had an ongoing project to build a subway to serve its more than 1 million residents.
After spending billions of rubles over that period, engineers have almost nothing to show for their efforts: one...
The Egyptian government approved on Wednesday an agreement to establish a Russian industrial zone in East Port Said with $7 billion in investments, according to Egypt Today.
Negotiations over the project began in 2014. The industrial zone is set to be built on a 5.25 million-square-meter plot of land over...
Austria’s formwork company Doka GmbH, a branch of the Umdasch Group AG, will initiate construction of its first formwork plant in Russia’s Lipetsk Special Economic Zone, RIA news agency reported.
According to the press secretary of the Lipetsk Economic Zone, Elena Syomina, full works on the plant should start by...
IPSCO, the U.S. unit of Russia’s largest producer of steel pipes for the oil and gas industry, TMK, is expected to benefit from new U.S. import tariffs on steel and aluminum imposed by President Donald Trump, the company said.
TMK said IPSCO did not import steel, so should benefit from...
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...
Security agents in Poland have arrested a government official on suspicion of providing Russia with secrets about tactics Warsaw planned to use to try to block the construction of the Nord Stream 2 gas pipeline, the Polish government said on Monday.
Stanislaw Zaryn, spokesman for the minister responsible for the...
President Vladimir Putin drove across a new 12-mile bridge to Crimea in a large orange construction truck on Monday, inaugurating his latest megaproject and tightening Moscow’s claim to the disputed territory, The Guardian reported.
The bridge, finished six months ahead of schedule, established a land link from Russia to the Crimean...
