Sheremetyevo International Airport’s new passenger terminal – built and equipped in compliance with the highest global standards – was officially unveiled to the public last week. The new Terminal C was built as part of the Long-term Airport Development Program and has the capacity to accommodate 20 million passengers...
Shares of Russian metals company Nornickel (Norilsk Nickel) jumped 2.25 percent on Monday during trading on the Moscow Exchange, hitting an all-time high, BCS Express reports.
The value of the stock rose to 22,100 rubles ($359) per share on the back of the rallying palladium prices. The metal, which was...
Russian company Teksnabexport (Tenex), a trading arm of state-run nuclear corporation Rosatom, has won a tender staged by Korea Hydro & Nuclear Power Co., Ltd. (KHNP) on a new uranium enrichment contract, the Russian company said in a statement.
The company supplies nuclear fuel cycle products developed by the organizations...
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 Moscow District Investigative Directorate has closed a criminal case against the owner of now-bankrupt construction company Rodex Group Yevgeny Rodionov, the press-service of Russia’s Business Rights Commissioner Boris Titov said on Monday, according to Pasmi.ru.
The businessman stood charged with “especially serious embezzlement” when dealing with a suburban settlement...
French pharmaceutical company Sanofi has said it plans to expand its insulin production facility Sanofi Aventis Vostok in Russia’s Orlov Region, The Pharma Letter reports.
“2019 is a successful and productive year for Sanofi-Aventis East. We launched a full pharmaceutical production cycle within the shortest time of Toujeo SoloStar,...
Russia’s most popular car brand, Avtovaz’s Lada, sold 362,356 units in Russia in 2019 - a gain of 1% on the previous year, with the company saying its Russian market share in all light vehicles, increased from 20.0% to 20.6%, Just-auto.com reported.
The two leading sales models on the Russian...
Five people were killed and six others injured when a heating pipe burst Monday in a small Russian hotel in the city of Perm, flooding rooms with boiling water, Reuters reported citing emergency officials.
The hotel of nine rooms was located in the basement of a residential building in the...
Sheremetyevo International Airport has announced the official launch of its new terminal C, the first stage of a massive project designed to boost flag carrier Aeroflot’s base hub whilst also increasing Russia’s largest airport’s annual capacity to 100 million passengers, Rusaviainsider.com informed.
The new terminal C, which is connected to...
Billionaire and Severstal owner Alexey Mordashov is betting on groceries and tourism to help expand his empire away from commodities, after making his wealth in steel, Bloomberg writes.
Almost half of Mordashov’s $20 billion fortune already comes from outside the steel industry. The country's fifth-richest man said he wants to keep...
