A project for developing light railway in the Russian city of Omsk as an alternative to the uncompleted metro line is likely to be of interest to foreign investors, Eduard Safronov, a professor at Siberian State Automobile and Highway Institute, has said, according to Interfax news agency.
"We historically developed and...
Sheremetyevo International Airport has signed an agreement worth 7 million rubles with Freshfields Bruckhaus Deringer. The law firm will provide legal advice on the development and conclusion of a concession agreement regarding the airfield complex of Sheremetyevo Airport.
The company will analyze the documents on real estate that are associated...
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 United States and its allies are worried that the Kremlin might be taking information warfare to new depths, after it was found that Russian ships are lurking around underwater communications cables, The Associated Press reported.
The 400 fiber-optic cables carry most of world’s calls, emails and texts, as well...
Russian technology giant Yandex has begun to test self-driving taxis in Innopolis, a small town built a few years ago to foster education in technology and entrepreneurship, AFN reports.
The company described the tests in a blog post as the first autonomous ride-hailing service in Europe. About 100 residents have...
A massive project for the construction of a bridge to connect Russia’s Sakhalin Island to the mainland is seen in government circles as a political project, and it will be implemented regardless its economic feasibility, Vedomosti quoted a federal government official as saying.
Russian President Vladimir Putin earlier instructed...
Russia will build 22,065 km (13,000 miles) of oil and gas pipelines by 2022, which will account for around 75% of planned and announced additions in the Commonwealth of Independent States (CIS), according to GlobalData.
The company’s report, ‘Oil and Gas Pipelines Industry Outlook in Former Soviet Union to 2022’,...
Russian truck and heavy machinery producer Kamaz has opened a subsidiary in Indonesia to increase sales of its products in the Southeast Asian country, the company’s press service said on Wednesday.
"The company named PT Kamaz Trucks Indonesia has become a hub for Kamaz in Indonesia and obtained a status...
A planned Russian high-speed railway line could be cut short due to funding and may not reach its final destination of Kazan in Russia’s Tatarstan, business daily newspaper Kommersant reports.
Construction of the costly project is planned to begin later this year. However, the report says that the railway’s funding...
Kievskaya Ploshchad has been named by Forbes as the most successful player in the Russian commercial real estate market, RBC reports.
In five years, the joint income of Russia’s biggest realtors fell by $1.4 billion – from $9.3 billion to $7.9 billion, the publication says. Last year, the volume...
