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...
Work resumed Tuesday to lay the second string of the TurkStream gas pipeline in the Black Sea, with a total of 706 km remaining to lay, the Gazprom-owned operating company said, according to Rossiyskaya Gazeta.
The first string -- which will transport Russian gas to the Turkish market from the...
Russia and India are likely to sign a contract for construction of four Project 11356 or Grigorovich-class, also designated Upgraded Krivak III frigates in June, TASS news agency reported Tuesday quoting a source in diplomatic and military circles as saying.
"In June, a package contract is expected to be signed...
Due to an industrial production drop, Russia’s economy has experienced a sudden shrinkage in November, Reuters reports.
The gross domestic product has decreased by 0.3 percent in November, the economy ministry said, contrasting with analysts’ consensus call for a 1.5 percent growth.
Russia’s oil-dependent economy was on the mend in 2017 after...
Enel Russia, part of Italian energy holding Enel, intends to commission a wind farm in the Rostov region in December 2020, Yulia Matyushova, financial director of Enel Russia, said during the company's annual shareholders meeting.
The wind park located in the Murmansk region is expected to be put into operation...
Russian environmental organizations have protested Gazprom’s plans to build a gas pipeline to China in the Golden Mountains of Altai, a UNESCO World Heritage site, Kommersant reports.
The company’s works through the Ukok Plateau in Altai come following comments from Gazprom CEO Alexei Miller, who said last week that the...
The Russian government has spent more than 4 trillion rubles ($64 billion) on some 62,600 unfinished construction projects, the country’s Audit Chamber said, according to the Business Gazeta.
The list of the uncompleted construction projects includes preschools, schools, university campuses, transport, and municipal infrastructure facilities among others, according to the...
Housing cooperatives, a remnant from the Soviet-era, could become a solution to Russia’s housing problem, Fontanka.ru writes.
In the years after the dissolution of the Soviet Union, housing cooperatives had fallen out of fashion and Russia’s governments put an emphasis on mortgages instead. In the second half of the 2000s,...
