Saturday, April 4, 2020
The Russian government is moving forward with an ambitious plan to build its first rail line into Tuva, a Siberian republic which borders Mongolia in the south and is separated from the rest of Russia by high mountains, Rail Freight reports. The construction of the Elegest-Kyzyl-Kuragino railway line is about...
Russian steel pipe producer Chelpipe is focusing on increasing exports and investing in high-value added projects amid a competitive domestic market, its chief executive officer said in an interview with Reuters. The company, controlled by businessman Andrei Komarov, has hired banks to organize a potential share offering n Moscow this year,...
The volume of rail freight transportation between Russia and Azerbaijan amounted to 6,240 tons in 2019, while in 2018 and 2017 this indicator was 4,744 tons and 4,774 tons, respectively, the chairman of Azerbaijan Railways has said, according to AzerNews. According to Javid Gurbanov, this type of transportation increased by 31.5 percent...
Sheremetyevo International Airport has summed up the results of cargo production activity for 2019. The total volume of cargo handled at the airport amounted to over 329,000 t, and mail, 49,500 t. The volume of freight traffic in 2019 grew by 6.9%, and the volume of mail handled grew...
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,...