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...
Russia’s construction sector may face around 10% of financial losses amid the current epidemiological situation, Deputy Prime Minister Marat Khusnullin said in an interview with Pavel Zarubin on Rossiya-24 TV channel.
"It will only be possible to estimate the losses of each region the results of the year. With the...
Further work on the creation of a modernized frigate of project 22350M was suspended after the development of the outline design of the ship due to the lack of a customer’s decision, as stated in the report of Northern Design Bureau JSC (Northern Design Bureau, part of United Shipbuilding...
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...
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...
One of Russia’s biggest steel producers, Severstal, is teaming up with Italian steel pipe maker Tenaris SA to make steel pipes in the heart of Russia’s oil and gas sector in Siberia, the two companies said on Tuesday, according to Vedomosti.
The companies are creating a joint venture which will build...
The Russian authorities plan to attract 1 trillion rubles ($13.1 bln) of non-budgetary funds for the construction of roads in the country in the next three years, Deputy Prime Minister Marat Khusnullin told reporters during the Transport Week, TASS writes.
"We have set the task of attracting extra-budgetary money -...
Russia has demanded compensation from the United States through the World trade Organization (WTO) for Washington’s decision to impose global tariffs on steel and aluminium, Reuters reported.
A WTO statement, circulated at the request of Moscow, describes Donald Trump administration's decision as a "safeguard measure" that under WTO rules should...
Investment in Russia’s real estate market rose by 30 percent year-on-year in the first quarter of this year, the best result in the last three years, according to U.S.-based consultancy JLL.
Real estate investment volumes reached $967 million in the first quarter of 2019, up from the $742 million invested...
Less than a month before the start of the 2018 soccer World Cup in Russia, the country has finished all the stadiums needed for the matches played beginning May 29.
The final venue to open its doors and receive permission to host matches is in the city of Samara, in...
