Saturday, May 11, 2024
Local authorities in Moscow have announced that construction work can go ahead on the tallest residential building in Europe in the city’s International Business Centre, the 405 meters tall “One Tower”, the Moscow Times reported. The skyscraper, designed by world-renowned studio Sergey Skuratov Architects, was given planning permission in...
A delegation of Russian oil major Lukoil’s executives met with the Cameroonian Minister of Water and Energy Gaston Eloundou Essomba this week, with both sides continuing the discussions over the reconstruction of the national refining company Sonara, Business in Cameroon reported.  The talks on the project started in October 2019...
VTB began issuing mortgage loans for the purchase of land and the construction of a private house in a cottage community at a rate of 9.3% per annum, Russian media reported. "At the first stage, the bank provides loans to objects with complex development from accredited developers," VTB said in...
Russia’s Foreign Minister Sergey Lavrov said the Turkish Stream natural gas pipeline will extend further to Europe only if the European Commission provides ironclad guarantees that the project will not be obstructed, Tass news agency reported. "The second will only be constructed if we receive ironclad guarantees from the...
The Russian government is mulling the continuation of a massive old infrastructure project – the country’s northernmost railway line Bovanenkovo – Sabetta, in the Arctic circle, Vedomosti reports. According to the report, state-run Russian energy giant Gazprom will work with Russian Railways on the construction of the railroad which will run to the...
The construction of a water park worth six billion rubles ($90 million) began on Thursday in Khabarovsk in Russia’s Far East, TASS reported. The aqua park is planned to be commissioned in 2021, the technical project developer Vadim Sukharev of the Brosko company said at the ground-breaking ceremony. "A water park with...
Russia’s Arctic region of Murmansk plans to build a new temporary hospital in a village where a vital liquefied natural gas supply plant is being built after an outbreak of the new coronavirus, Reuters reports. Murmansk governor Andrey Chibis said the authorities had contained the outbreak in Belokamenka, where Russian...
In order to build equipment components and conduct further heat treatments, Metinvest-SMC has begun supplying hot-rolled sheets, a press release writes. Military vehicles, medical transport, and public transportation operating close to battle zones can all be armored with armored components. Right now, Metinvest-SMC is prepared to provide hot-rolled, 30MnB5 steel sheets...
Turkish construction companies have expressed interest in transport projects in Russia which are part of the Comprehensive Plan for upgrade and expansion of the Russian mainline infrastructure by 2024, transport minister Yevgeny Ditrikh said on Friday at the Russian Investment Forum in Sochi. "Our preliminary negotiations with Turkish companies highlighted...
In a bid to develop transport links in the remote Yakutia region, Russia plans to build a $1.3 billion bridge across the Lena River, Kommersant reports. The project, set to be finished in 2025, has been approved by Russian President Vladimir Putin, the business newspaper wrote on Monday. The Russian leader...