Russian Helicopters Holding and Yandex.Taxi signed an agreement to develop an air taxi network in Moscow, which is to start operating in 2020, RT informed.
The agreement was signed at the biannual MAKS 2019 airshow. As reported by TASS, the developers plan to create an entire city-wide air mobility system...
Russia's Economy Ministry said on Thursday that the Beijing-backed Asian Infrastructure Investment Bank (AIIB) has issued a $500 million loan to Russia to help fund road construction, Rossiyskaya Gazeta reported.
This is the first Russian project in the portfolio of this bank and the first loan from an international development...
Sheremetyevo International Airport will open its third flight strip on September 19, the airport said, TASS reports.
The decision to build the third runway in Sheremetyevo was made in 2009. Initially, it was planned to make the new runway operational by the start of the 2018 World Cup but the...
British-based design studio Zaha Hadid Architects won against 47 international teams in a competition to design the new Sverdlovsk Philharmonic Concert Hall in Yekaterinburg, Russia, ArchDaily reported.
Yekaterinburg, a growing cultural center in central Russia, was known as Sverdlovsk from 1924 to 1991. The new Sverdlovsk Concert Hall will be...
Sheremetyevo airport could get new or reconstructed terminals C and F under the announced development program. In an interview with Vedomosti, the Chairman of the Board of the airport, Alexander Ponomarenko stated that the Terminal C is already dismantled and set for reconstruction that will increase its capacity from...
The construction of Terminal G at the Moscow based Sheremetyevo Airport may start in 2024, Sergey Papkov, Deputy General Director of the airport for construction, told reporters, TASS informed.
"I think so," he said responding to the question of whether the construction of the terminal will begin in 2024-2025, adding...
Russia’s state-owned Railway company has made an agreement for the supply of 293 passenger cars from Tver Carriage Works factory, owned by Transmashholding, the Railway Gazette reported.
The deal was signed on July 17. Deliveries are scheduled to start this month and run until October, the report said.
The...
Russia’s biggest oil company, Rosneft, said on Sunday it began construction of a jet fueling facility with the capacity of 300,000 tons per year in St. Petersburg’s Pulkovo Airport, Interfax reported.
According to the documents provided by the company, the plan is to construct the facility in two stages in...
Russian steel pipe producer Chelpipe is focusing on increasing exports and investing in high-value added projects amid a competitive domestic market, its chief executive officer said in an interview with Reuters.
The company, controlled by businessman Andrei Komarov, has hired banks to organize a potential share offering n Moscow this year,...
Russian President Vladimir Putin has launched via video conference the first train from St. Petersburg to annexed Crimea that will arrive to the peninsula via the new Crimean Bridge, Interfax reports.
Putin also used the occasion to kick off regular traffic on the new railroad bridge across the Kerch of...
