Russia's Ministry of Construction anticipates that the construction industry's steady growth will halt the steep rise in building material costs, as revealed by Irek Fayzullin, the department's chief, at the Innoprom International Industrial Exhibition, TASS reports.
The volumes in industrial and civil construction allow us to have a steady...
Ahead of the 2018 soccer World Cup, Russia, the host country, is making final preparations on infrastructure projects critical to the event’s success.
The 21st FIFA World Cup will take place in Russia between June 14-July 15, 2018, at 12 venues in 11 cities. To keep travel time manageable, all...
Eight of the 12 stadiums hosting the FIFA World Cup 2018 in Russia have been constructed using Tekla Structures software, American construction software heavyweight Trimble said, according to Russia Construction.
According to a statement from the Sunnyvale, California-based company, Tekla Structures is an advanced Building Information Modeling (BIM) tool, which...
Precious metals miner Polymetal International said Wednesday it has been added to the MSCI Russia Index for the first time since it listed on the Moscow Exchange in June 2013, Morningstar reports.
The company, operating in Russia, Kazakhstan and Armenia, said the index measures the performance of large and mid-cap companies in...
Sergiev Posad, an important Orthodox Christian pilgrimage site near Russia’s capital and home of the Russian Church’s Moscow Patriarchate, is about to experience a momentous change with new Kremlin plans to create a “Russian Vatican” on the site, Vedomosti wrote last month.
Under the plan revealed by the business newspaper, Russian...
The Amur Shipbuilding Plant in Russia’s Far East may receive the largest order for the construction of warships in its history, sources told Vedomosti.
According to a top manager in the industry and a person close to the Russian Defense Ministry, the parties are discussing the terms of a contract...
Russia has risen to 10th place in the world ranking of growth in housing prices, Russian media reported.
Turkey is still the absolute leader - +29.2%, followed by New Zealand with +25.9%. The three leaders are closed by the States and Slovenia, where the growth was 18.6%.
Russia added 14.4% for...
After 30 years, a failed Soviet rocket project from the end of the 1980s might see new life, as Russia is planning a new super-heavy rocket based on the Energia from 1988, Popular Mechanics reports.
According to the report, although a high-profile expensive project would invigorate the troubled industry, its...
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...
Ryanair, EasyJet and Wizzair are among international low-cost airlines which have submitted bids for 33 destinations out of St Petersburg’s Pulkovo Airport next year, Vedomosti reported.
Awarding the slots would require that the airport complies with the Open Skies regime, the business newspaper writes. Last week, after years of lobbying,...
