Sunday, May 31, 2020
World renowned design studio Zaha Hadid Architects has been awarded another big project in Russia, this time in partnership with a local company, The Calvert Journal reports. The two companies said they are aiming for a "people-centric" sustainable smart city. Located to the west of Russia's capital city, the 460-hectare site will be turned...
Enel Russia, part of Italian energy holding Enel, intends to commission a wind farm in the Rostov region in December 2020, Yulia Matyushova, financial director of Enel Russia, said during the company's annual shareholders meeting. The wind park located in the Murmansk region is expected to be put into operation...
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,...
In another sign of deteriorating U.S.-Russia relations, the Pentagon announced it will stop using commercial satellites launched with Russian rockets beginning in 2023, The Moscow Times reported. The decision could deal a blow to Russia's industry while also helping U.S. startups like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin....
One of the options for helping Russian aluminium company Rusal which was hit by U.S. sanctions is a temporary nationalization of the aluminum giant, a Kremlin spokesman Dmitriy Peskov said on Thursday, according to Interfax. He was commenting on a proposal set out by Alexander Shokhin, a former deputy prime minister,...
Russia’s Energy Ministry considers it reasonable to attract foreign investors to exploration of the Russian Arctic shelf for unallocated licenses, minister Alexander Novak told reporters on Tuesday, according to TASS. "We believe that it may be considered within the unallocated subsoil reserve fund," he said, adding that today the law...
The Russian branch of the World Wide Fund for Nature (WWF) will not be opposed to the construction of the Nord Stream 2 gas pipeline project, as long as the route is changed from along a nature reserve in the Leningrad region to the coastline of the Gulf of...
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...
Sergiev Posad, an important Orthodox Christian pilgrimage site near Russia’s capital and home of the Russian Church’s Moscow Patriarchate, is about to experience a momentous change with new Kremlin plans to create a “Russian Vatican” on the site, Vedomosti wrote last month. Under the plan revealed by the business newspaper, Russian...
One of Russia’s biggest steel producers, Severstal, is teaming up with Italian steel pipe maker Tenaris SA to make steel pipes in the heart of Russia’s oil and gas sector in Siberia, the two companies said on Tuesday, according to Vedomosti. The companies are creating a joint venture which will build...