Friday, August 7, 2020
Russia’s Arctic region of Murmansk plans to build a new temporary hospital in a village where a vital liquefied natural gas supply plant is being built after an outbreak of the new coronavirus, Reuters reports. Murmansk governor Andrey Chibis said the authorities had contained the outbreak in Belokamenka, where Russian...
Russia’s construction sector may face around 10% of financial losses amid the current epidemiological situation, Deputy Prime Minister Marat Khusnullin said in an interview with Pavel Zarubin on Rossiya-24 TV channel. "It will only be possible to estimate the losses of each region the results of the year. With the...
The construction sector in Russia might face financial losses circa 10% amid the current pandemic situation, Deputy Prime Minister Marat Khusnullin said in an interview with Pavel Zarubin on Rossiya-24 TV channel. "It will only be possible to estimate the losses of each region (when calculating - TASS) the results...
Further work on the creation of a modernized frigate of project 22350M was suspended after the development of the outline design of the ship due to the lack of a customer’s decision, as stated in the report of Northern Design Bureau JSC (Northern Design Bureau, part of United Shipbuilding...
The crash of the ruble last month has led many Russians to buy real estate in a bid to protect their money, and a 31% rise in apartment sales in Moscow was observed last month, Reuters reported citing the country’s cadastre office.   A total of 14,801 sales of already built...
The construction of a special Center for Infectious Diseases near Moscow as a part of measures to stem the coronavirus outbreak has started this week, with over 2,000 workers engaged in the project, Argumenti.ru reported. Officials in the capital say they are trying to work with the best construction firms...
Russian steelmaker Severstal has announced the construction of wire mill 170 in the long-rolling production segment at Cherepovets Steel Mill, 35media.ru reported. The total investment is expected to amount to approximately 11 billion rubles. The mill line will include a heating furnace, a hydraulic descaling unit, stands 3, 4, 5 and...
Russia plans a $1.5 billion (100 billion rubles) highway to Crimea, in a bid to dramatically cut journey times and develop tourism on the peninsula it annexed from Ukraine in 2014, Liga.net reported Monday. The first section will be 68 km long and is slated to cost almost 60 billion rubles ($919 million), with...
The Amur Shipbuilding Plant in Russia’s Far East may receive the largest order for the construction of warships in its history, sources told Vedomosti. According to a top manager in the industry and a person close to the Russian Defense Ministry, the parties are discussing the terms of a contract...
The crisis years in Russia’s real estate sector seem to have ended, as investment surged in 2019, bne Intellinews writes citing a report by real estate group CBRE. The value of commercial real estate investment in the country increased by 34% to a total of 243 billion rubles ($3.8 billion)...