Friday, May 17, 2024
Russia’s state-run fund dedicated to innovation, RVC, and Russian Railways (RZD) have teamed up to launch to two venture funds for industrial and digital investments, reports East-West Digital News reports. Scheduled for launch in 2021, the funds will support early-stage projects, which have “the potential of developing synergies with the...
Russia and Japan reached an agreement on cooperation on the so-called “Smart City” project, which includes unified management of the entire communal infrastructure, dispatching and repair services, Russia's Deputy Construction Minister Andrey Tchibis announced. According to RIA news agency, the official was speaking at the 9th meeting of the Russian-Japanese...
Nigeria’s federal government is negotiating with Russia’s Exim Bank and other investors from India to raise $46 billion to fund a massive railway modernization project, All Africa reports. The country’s transport minister, Rotimi Amaechi, revealed on Tuesday that President Muhammadu Buhari had given approval for a loan which will be...
The Russian Armed Forces received 11% more armament and military hardware in 2020 than the previous year, Chief of Russia’s National Defense Control Center Colonel General Mikhail Mizintsev reported on Friday, TASS reported. "In close inter-agency cooperation at the country’s shipyards, 35 submarines and surface ships were laid down, floated...
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...
Russian flag carrier Aeroflot has received the initial batch of five Sukhoi Superjet 100 (SSJ-100) airliners from state-run Vnesheconombank (VEB), RNS reported last week. The deliveries were made during the last week of December and form part of a 100-aircraft order placed by Aeroflot with the Sukhoi Civil Aircraft Corp...
The airport in Salzburg, Austria reported a record number of Russian tourists in a single day this Saturday, when it listed an inrush of 11,000 Russian and Ukrainian holidaymakers, ETN reports. Salzburg is a popular destination for Russian tourists in recent years, attracting mostly young families with children from the...
Reconstruction of Starosheremetyevskoye Highway, “Lobnya - Sheremetyevo airport” Highway and Sheremetyevo Highway is scheduled to begin in January-March 2019, Vechernaya Moskva reported. The Transport and Infrastructure Ministry said the reconstruction will be done on the section of Sheremetyevo Highway from Terminal B to the cargo terminal and all along the...
Sheremetyevo Airport, Russia’s busiest, has postponed the construction and renovation of two terminals by at least four years to the 2030s due to the coronavirus pandemic, it said in an annual report, Reuters informed. The more-than $400 million investment in Terminal C2, part of a development programme worth around $2.5...
Russian President Vladimir Putin has declared that the development of the country’s Far East was a national priority for the 21st century. However, Russian authorities seem to have a more important undeclared priority: all-out savings for the sake of accumulating foreign exchange reserves, Nezavisimaya Gazeta writes. According to the newspaper,...