Austria’s formwork company Doka GmbH, a branch of the Umdasch Group AG, will initiate construction of its first formwork plant in Russia’s Lipetsk Special Economic Zone, RIA news agency reported.
According to the press secretary of the Lipetsk Economic Zone, Elena Syomina, full works on the plant should start by...
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...
Energia Space Rocket Corporation of Russia intends to build a new reusable space freighter based on the newest Oryol crewed spacecraft under construction, Energia Chief Designer and Twice Hero of the Soviet Union Vladimir Solovyov said TASS on Monday.
"We aim to build a reusable cargo spaceship based on the...
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...
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,...
The Russian branch of the World Wide Fund for Nature (WWF) said that it does not have a problem with the construction of the Nord Stream 2 gas pipeline project and will not oppose it so long as the route is changed from along a nature reserve in the...
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...
Russia said Monday that Turkey's decision to turn the iconic Hagia Sophia in Istanbul into a mosque was the country's own business, The Moscow Times reported.
Turkey's move followed a court decision last week revoking the museum status of the UNESCO World Heritage site, and has triggered a global outcry.
"We...
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...
Russia has established a bigger role in the Middle East through its intervention in Syria on behalf of the Bashar Al Assad regime and is now seeking to benefit from reconstruction projects once stability and peace is achieved, analysts told Gulf News.
Experts say Moscow is expected to boost its...
