Monday, May 20, 2024
German transport company Siemens Mobility Services has announced it will be acquiring two additional StratasysFortus 450mc 3D printers to expand part production for the Russian rail industry, the Associated Press reports. To date, the transport company has successfully adopted Stratasys’ technology for the production of rail parts for Germany and...
One of the biggest players in Russia’s ride-sharing market, French startup BlaBlaCar, has stopped offering its services in the annexed peninsula of Crimea, for fear of being caught up in EU sanctions against firms operating there, Interfax reported. The service, which connects drivers with spare seats with travellers looking to...
India and Russia will use the International North-South Transport Corridor for movement of goods, reducing transport time by half, The Indian Express reports. Within three months, exporters and importers from India and Russia can move goods between the two countries through Iran, said Concor CMD V Kalyana Rama on Tuesday...
Russia is about to start construction works on a road and bridge in one of the coldest inhabited regions on Earth after President Vladimir Putin approved the project, Yakutia Media reported. The Russian state and defense corporation, Rostec, together with VIS Group – one of the country’s largest infrastructure holdings...
Russians are among the top five most active foreign real estate buyers in Turkey, according to the Turkish Statistical Institute (TurkStat), Al-Monitor writes. Nearly 1.35 million housing units were sold in Turkey last year, and of those sales, at least 45,500 houses and apartments were bought by foreigners, marking a 14.7% increase...
After officially opening its brand new Terminal C1 last month, Sheremetyevo Airport’s next terminal will be built no earlier than 2026. The airport plans to increase the capacity up to 100 million passengers with its long-term development strategy, the Chairman of the Board of Directors of JSC SIA, Alexander Ponomarenko,...
A 5 billion rubles ($79 million) contract for toll collection on the Moscow Ring Road (CKAD) was awarded to the United Operator (CKAD) linked to oligarch Arkady Rotenberg, Fontanka reported last week. Companies owned by U.S.-sanctioned Rotenberg are among the largest beneficiaries of state construction and infrastructure contracts in recent...
Moscow-based rail operator Grand Service Express was sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Wednesday, for operating a passenger rail service between the Russian mainland and Crimean Peninsula, The Hill reports.  The agency said on Wednesday it added the Russian railroad, as well as...
Works have begun on the construction of a new highway in the Russian republic of Bashkortostan, with Turkish company Limak undertaking the $538 million project together with local construction firm Marashstroy, RBC reported. The Ufa Eastern Output, a link between Russia’s M5 and M7 federal highways, will start the projects defined...
A new high-speed railway between Moscow and Helsinki, allowing trains to travel the distance in six hours, is being considered by the Finnish government, RBC reported this week. Ville Skinnari, Minister for Development and Foreign Trade of Finland, has recently visited Moscow and discussed the prospect of such an initiative at...