Sunday, August 25, 2019
Investment in Russia’s real estate market rose by 30 percent year-on-year in the first quarter of this year, the best result in the last three years, according to U.S.-based consultancy JLL. Real estate investment volumes reached $967 million in the first quarter of 2019, up from the $742 million invested...
Under pressure from Washington, Copenhagen is deliberately delaying the issuance of a construction permit for the Nord Stream 2 project, two sources in Russian diplomatic circles told the Izvestya newspaper. Denmark made special amendments to the legislation, which empower it to reject applications for the construction of pipelines in Danish territorial...
The introduction of “low-cost” railway cars in Russia is not a bad idea, but Russian Railways’ plan to use old and dilapidated wagons cannot attract people to use the new class, experts told Realnoe Vremya. A year ago, a subsidiary of Russian Railways', the Federal Passenger Company announced its intention to...
Russia’s gas giant Gazprom and its Nord Stream 2 partners have invested a total of 4.8 billion euro in the project on natural gas pipeline construction as of the end of June, Chief Financial Officer of Nord Stream 2 AG, the operator of the pipeline construction, Paul Corcoran told...
The Russian branch of the World Wide Fund for Nature (WWF) said that it does not have a problem with the construction of the Nord Stream 2 gas pipeline project and will not oppose it so long as the route is changed from along a nature reserve in the...
Russian Helicopters, a subsidiary of state-owned corporation Rostec, will cash in $120 million for the direct sale of 20 multi-purpose light Ansat aircraft to the Chinese Association of Emergency Medicine, the company told Kommersant. The company is negotiating a deal for the supply of another 50 helicopters to state and...
A number of Major Japanese trading houses such as Mitsubishi Corp, Marubeni Corp, Sumitomo Corp and Mitsui & Co. have canceled Rusal’s shipments of refined aluminum and other products in light of U.S. sanctions, industry sources said. The Russian company, which is the world’s No.2 producer, and its owner, Oleg...
Dangers could be lurking around the corner for Russian steel makers despite them ramping up production and making the most of rising prices and demand in 2017, Reuters reports. The country’s top two steel companies, NLMK and Evraz, reported this week their 2017 output is up by about 3 percent,...
Regional leaders on Friday launched construction work on the Afghan section of an $8-billion (€6.5-billion) natural gas pipeline from Turkmenistan via Afghanistan and Pakistan to India, The New York Times reports. Turkmenistan holds the world's fourth-largest gas reserves but has been heavily dependent on exports to China after Russia cut...
Pakistan’s defense minister has said his country is deepening its relationships with Russia and China after the U.S. decided to suspend $2bn in military aid to Islamabad. Khurram Dastgir Khan told the Financial Times that his government was engaged in a “regional recalibration of Pakistan’s foreign and security policy” that threatens...