Sunday, April 21, 2024
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...
A rebuilt hotel in a historical hospital building in the Russian city of Kazan will be opened this fall, the hotel’s manager Ergin Sarp told Realnoe Vremya in an interview. The five-star Kazan Palace Hotel was completely reconstructed by Turkish company Tasigo, the hotel arm of construction giant Polimeks...
Russia is able to complete the construction of Turkey's Akkuyu nuclear power plant even if it is unable to attract other investors, Russian Energy Minister Alexander Novak said, according to YeniSafak. "Already, $3 billion has been invested... If they won't find an investor, it means that the plant will be...
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...
World renowned design studio Zaha Hadid Architects has been awarded another big project in Russia, this time in partnership with a local company, The Calvert Journal reports. The two companies said they are aiming for a "people-centric" sustainable smart city. Located to the west of Russia's capital city, the 460-hectare site will be turned...
China sees big economic opportunities in Syria and will be Russia’s main competitor for the upcoming reconstruction of the war-torn country, Alexei Maslov, Head of the School of Oriental Studies at the Higher School of Economics, told Nezavisimaya Gazeta. According to the expert, statements on Beijing’s willingness to step up...
Russian Helicopters, a subsidiary of state-owned corporation Rostec, will cash in $120 million for the direct sale of 20 multi-purpose light Ansat aircraft to the Chinese Association of Emergency Medicine, the company told Kommersant. The company is negotiating a deal for the supply of another 50 helicopters to state and...
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...
A multifunctional elite complex in the Russian capital Moscow, which is being built by local developer Capital Group, will set the highest price for residential property in Moscow and the whole of Russia, according to sources close to billionaire Vladislav Doronin, co-owner of Capital Group. The new complex, expected to...
Russian steel producer Evraz declared a second interim dividend after a half-year where earnings and free cash flow surged, Finam.ru reports. The FTSE 100 group increased revenue 24.2% to $6.3 billion in the first six months of the year. Revenues were up 12% from Russia to $2.3 billion, 29% in...