Two weeks ago, aluminum prices seemed to struggle, with some analysts thinking the metal might have shifted to the bearish country. However, U.S. sanctions against Rusal, one of the world’s largest producers, caused aluminum prices to jump by more than 13% in the week since the U.S. Treasury announcement...
Russia is unlikely to construct a new aircraft carrier in the next ten years, the scientific director of the Krylov State Scientific Research Center Valery Polovinkin has said, adding that this class of ship is unlikely to appear before 2030-2035.
“The manufacturing capability of Russian plants make it possible...
As part of a broader bid to enter third nations' markets, Russia's major industrial enterprises could localize production in Syria within three years, Industry and Trade Minister Denis Manturov said on Monday, according to RIA Novosti.
Russian industrial enterprises are already working in Syria in such spheres as civil construction,...
A deposit of basaltic porphyry, which may be used in construction, was discovered in the Nenets Region, the regional administration’s press service said on Thursday, TASS writes.
"A deposit of basaltic porphyry has been discovered in the Nenets Region," the press service said. "This stone will be used at the...
A tender for the construction of a passenger cableway in Russia’s Altai region was awarded to a subsidiary of Austrian company Ropetrans International GmbH.
The company will be engaged in the delivery, installation, and commissioning of the equipment of the cableway in the Siberian Federal District, Interfax reported.
A corresponding agreement...
Moscow, Russia and Pakistan have signed a memorandum of understanding (MoU) on implementing a project to build an underwater gas pipeline from Iran to Pakistan and India, the Russian Energy Ministry said in a statement on Thursday, according to Neftegaz.ru.
"The memorandum provides for the identification of authorized organizations through...
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...
Russia’s metals company Norilsk Nickel (Nornickel) will undertake an ambitious project to finance 50% of a housing renovation project in its home city of Norilsk in the Krasnoyarsk Region, TASS reported.
The program’s total cost is estimated at 85 billion rubles ($1.37 billion), the company’s Vice President Dmitry Pristanskov told...
The government will compensate developers for the rise in prices for building materials, Russian Deputy Prime Minister Marat Khusnullin told Russian media.
According to him, the situation with prices for building materials in Russia is "very difficult". Therefore, the government made an appropriate decision, and the rise in prices "will...
Russia has allotted some $235 million to reconstruct airport infrastructure in its Far East region in the next two years, Asia Times reported. The move is aimed at stopping further depopulation in an area that accounts for more than a third of the country’s territory but just 5% of its...
