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...
In the first half of 2019, Russian steel giant Severstal shipped 2.9 million tons of metal products to Russian builders, 16% more than in the same time last year, the company said, according to Steel Guru.
The steelmaker attributed the increase in supplies to the expansion of the geography of...
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...
Russia’s Energy Ministry considers it reasonable to attract foreign investors to exploration of the Russian Arctic shelf for unallocated licenses, minister Alexander Novak told reporters on Tuesday, according to TASS.
"We believe that it may be considered within the unallocated subsoil reserve fund," he said, adding that today the law...
Construction companies from Belarus are keen to take part in local government tenders for projects in Russia’s Nizhny Novgorod Region, SB.by writes.
A delegation of Belarusian construction, design, engineering, and road construction companies led by Head of the Foreign Economic Activities Department of the Architecture and Construction Ministry Aleksei Shilo...
Zvezda Shipbuilding Complex has been licensed to build LNG tankers with membrane tanks. The Technical Assistance and License Agreement (TALA) was signed with the French engineering company Gaztransport & Technigaz (GTT), Rosneft has reported. Preparing for licensing, Zvezda made a sample membrane tank thus confirming is competency, Sea News...
Russian-born business executive Felix Sater will be interviewed by the U.S. House intelligence committee about his role in President Donald Trump's effort to build a skyscraper in Moscow during the presidential election, the Washington Post reports.
The staff-led, closed-door interview is part of the committee's investigation into Russian interference in...
Russian-flagged pipelayer Fortuna has departed from the German port of Mukran and entered Danish waters, shortly after Copenhagen expanded the list of ships allowed to participate in construction of the Nord Stream 2 gas pipeline, Russia Today reported.
Data from vessel tracking websites showed that Fortuna was sailing in Danish...
The level of investment into Russia’s real estate was up by almost a quarter (24%) year-on-year in the first half of 2019 to $1.6 billion, a report from JLL reveals, according to Interfax.
Investment in the second quarter was 13% higher than in the same period a year earlier and...
Russia has wrapped up construction of its first rail bridge to China, connecting the two countries across the Amur River, UPI reported on Thursday.
Construction of the 2 bridge between Nizhneleninskoye in Russia and Tongjiang city in China began in 2014, underscoring Russia’s Eastern pivot amid deteriorating ties with the West. China completed construction...