The Russian government plans to use additional revenues from increasing the value-added tax (VAT) from 18% to 20% for financing infrastructure, health care, and education, Finance Minister Anton Siluanov said on Sunday in an interview with Channel One.
According to the preliminary calculations by the Ministry of Finance, the additional revenues will...
Several Russian ship owners and operators decided to suspend shipments to Ukraine for fear of detention and losing their cargo, after a Russian tanker, the Mekhanik Pogodin, was detained at the Port of Kherson of Ukraine, Port News reports.
The tanker was detained following Kiev’s sanctions imposed on some Russian companies...
The Russian Ambassador to Japan Mikhail Galuzin has said Moscow hopes that the project to link Japan's northernmost island of Hokkaido with Russia’s Sakhalin via a road-and-rail bridge will eventually be implemented, Gazeta reports.
" that this landmark project, which is unique for the Russian-Japanese relations, will remain a subject for...
One of the two runways at Sheremetyevo International Airport has been opened following an incident with a Czech Smart Wings company’s plane that rolled off the runway, said Anna Zakharenkova, a spokesperson for the airport, TASS informs.
“Rescue operations are over, the aircraft of the Czech air carrier Smart Wings...
China might become one of the major shareholders in Transneft, the state-backed oil pipeline company in Russia, one of its directors said Friday, Kallanish Energy informs.
Transneft first vice president Maxim Grishanin said the Russian Direct Investment Fund (RDIF) was in talks to attract investors to the pipeline company, UPI reported.
"There are...
The “Big Three” in Russia’s mobile telecom industry (MTS, Megafon, Vimpelcom) are opposing the use of a single infrastructure for the development of the country’s 5G network, TASS news agency reports.
According to top managers from the companies, the government-planned model can lead to negative consequences, including the imposition...
The annual general shareholders’ meeting of Sheremetyevo International Airport JSC (JSC SIA) was held on June 25, 2018, Center for Aviation CAPA informed. The shareholders approved the Company's annual report for 2017, elected the new Board of Directors and developed decisions on a number of issues relevant to the agenda....
UK-based studio LDA Design has won an international competition to create a landscape-led masterplan in Russia’s Kaliningrad by putting water at the heart of its design, Mail.ru News reports.
Leading a multi-disciplinary team, LDA Design’s vision for Oktyabrsky Island, which sits in the Pregolya River, beat four finalists to...
Car-sharing service “Yandex.Drive” opened its own parking lounge in Sheremtyevo Airport’s Terminal D. Thanks to the parking spot, Yandex.Drive users will now find it easier to search and rent a car upon arrival for travel around the city, the company stated.
The parking space is designed for 20 seats, and...
The European Union has decided to impose sanctions against six more Russian entities for being involved in the recent construction of the Kerch Strait Bridge -- a 19-kilometer-long bridge linking the mainland of southern Russia with the Crimean Peninsula, Interfax Ukraine reported.
The unnamed companies will be added to the...
