One of the options for helping Russian aluminium company Rusal which was hit by U.S. sanctions is a temporary nationalization of the aluminum giant, a Kremlin spokesman Dmitriy Peskov said on Thursday, according to Interfax.
He was commenting on a proposal set out by Alexander Shokhin, a former deputy prime minister,...
One of the world’s largest coal companies, Russia’s SUEK, said it plans to sign an agreement with the authorities of the Khabarovsky region on the construction of the third stage of a large coal terminal, East Russia news agency reports.
JSC Daltransugol, a subsidiary of SUEK, will implement the deal,...
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...
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...
Russia will build a large, modern naval base in the town of Kaspiisk in its Republic of Dagestan, the country’s Defense Minister Sergei Shoigu said, according to the Dagestan office of RIA news agency.
The defense minister said that Russian specialists already started the work to expand the bay in the...
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...
An influential Russian spiritual leader has announced his plans to build the world’s largest Orthodox Christian Church in the central part of the country, Znak.com reported Monday.
Once completed, the 25-story structure on the site of a women’s monastery in the Sverdlovsk region will reportedly hold up to 37,000 worshippers.
The mastermind...
The first hotel under the Radisson brand in Russia will be opened in Perm in the Urals region in 2021, the world-renowned hotelier announced on Thursday, according to Interfax.
The newly built Radisson Hotel Perm will have 150 rooms and is due to open in late 2021. This new signing...
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’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...
