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The main shareholder in Russian real estate developer LSR, Andrey Molchanov, plans to keep control over the company even though he reduced his stake last month, Reuters reported. The businessman and founder of LSR reduced his stake by 9.71 percent via a sale to investors last month, leaving him...
Russia’s Megafon, the country’s no.2 mobile telecommunications operator, reported a strong set of results on August 16, supported by the unfolding effect of a price war that broke out in the summer and during the soccer World Cup, Reuters reported. The company deconsolidated its accounts from Mail.ru Group following the completion...
Housing construction and industry were the two prime growth drivers last month with volumes of the former up by 6.7% y/y (0.6% in March) and industrial production jumping by 4.6% y/y on higher oil and gas output and the calendar factor, BCS Global Markets said, commenting on the latest...
Aeroflot has congregated all of its domestic operations at the new Terminal B at its Sheremetyevo (IATA code: SVO) Moscow hub airport, with some 400 daily federal flights operating from the terminal from mid-November 2018, Russian Aviation Insider reported. Russia’s national carrier has completed the transfer of all of its...
On Sunday 28 October, British Airways launched a direct flight from London Heathrow (LHR) to Sheremetyevo International Airport (SVO). Now, British Airways flights are even more convenient for passengers who live in Russia wish to get to the center of Moscow as quickly as possible on arrival. Sheremetyevo International Airport...
Russia’s central bank will look at the option of launching a gold-backed cryptocurrency, CoinDesk reports citing Russian media. The idea has been revealed by the head of the Bank of Russia, Elvira Nabiullina who stated that the bank may explore the possibility of creating gold-pegged crypto for performing mutual settlements...
An advanced nuclear icebreaker project worth $1.6 billion will begin in Russia’s Far Eastern port city of Vladivostok, after it was given approval by authorities, Newsland.com reports citing government sources. The icebreaker, called the Lider, or Leader in English, is a sleek, imposing nuclear powered vessel that looks more like a high-end...
Contaminated crude oil will be pumped back in Russia from Belarus as Moscow tries to clear a major pipeline of the dirty oil that has caused the worst ever disruption to its oil exports, sources and officials told Reuters on Friday. In April, some five million tons of oil were...
“Putin’s chef” charged with organizing “troll factory” to interfere in U.S. elections A company called the Internet Research Agency (IRA) was charged by Special counsel Robert Mueller's office with violating U.S. law and interfering in the 2016 election, along with 13 Russian nationals. As Deputy Attorney General Rod Rosenstein said while...
Sheremetyevo International Airport (SVO) is ranked 6th as one of the best airports in 2019 in an article published by Bloomberg. According to author Claire Ballantine “The flight industry is experiencing a rapid increase in global tourism. The Worldwide Tourism Organization estimates that worldwide international tourist arrivals increased 6%, to...

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