A charter train to Russia's Arctic region, a first of its kind, will take more than 90 foreign tourists from St. Petersburg on June 5, the press-service of the Far East Investment and Export Agency said, according to Turprom.
“Currently, we are launching our first project. Foreign tourists will get...
Russian companies developing Artificial Intelligence (AI) solutions are set to get a significant boost from foreign investors, after the Russian Direct Investment Fund (RDIF) raised $90 billion rubles ($2 billion) from foreign investors to support, Vedomosti reports citing an RDIF report.
The state-owned wealth fund prepared the report for...
A long-discussed deepwater port project near the Russian enclave of Kaliningrad on the Baltic Sea has won the support of President Vladimir Putin, Kommersant reports.
The construction of the shipping hub with a 48-million-ton capacity and linked infrastructure including railway and roads may cost more than $3.1 billion (200 billion...
At least 50 flights by Russia’s national flag carrier Aeroflot planned to be operated by domestic-made Sukhoi Superjet 100 (SSJ 100) were canceled since a Moscow crash landing of the aircraft killed 41 people last week, Fontanka reports.
The plane’s tail section caught fire on the runway after an emergency...
Ukraine’s infrastructure minister Volodymyr Omelyan says he supports the complete cessation of railway communication with Russia, but that no trains will be canceled so far.
“I see that a political decision is unlikely to be made, although we support it,” Omelyan said in an interview with Liga.net, when asked whether...
Russian company TPS Avia, which controls 66 percent of Moscow’s Sheremetyevo Airport, is considering selling up to 30 percent of the airport’s shares in 2019, the chairman of Sheremetyevo’s board of directors, Alexander Ponomarenko, told Reuters in an interview. TPS Avia is co-owned by Ponomarenko and Alexander Skorobogatko, while...
A $2.5 billion expansion of Sheremetyevo Airport, including two more new passenger terminals, a railway, and a new cargo terminal would allow passenger traffic to increase to up to 100 million per year by 2026. To finance this expansion, Sheremetyevo’s shareholders are considering selling 30 percent of the airport.
In...
The final decision on Sheremetyevo Airport’s stake sale could be made this year, aiming to sell to a strategic or a financial investor, most likely a foreign one, the chairman of Sheremetyevo’s board Alexander Ponomarenko said in an interview with Reuters.
Last year, Sheremetyevo’s shareholders were considering selling up to...
Russian President Vladimir Putin has approved the construction of a high-speed highway from Moscow to St. Petersburg, Kremlin spokesman Dmitry Peskov has confirmed after reports by Vedomosti and Kommersant.
Putin wrote “I Agree” in a letter with a proposal for the resumption of the project, which he sent the acting...
Russia’s biggest cargo airline, AirBridgeCargo (ABC), has decided to expand its scheduled freighter operations at Rickenbacker International Airport (LCK) to a twice-weekly frequency, a year after the company entered the market in Columbus, Ohio, Rusaviainsider reports.
The company introduced Columbus into its global network in April 2018 and thus far...
