construction in Russia

Cement maker Holcim to quit Russian market

Cement maker Holcim to quit Russian market

Holcim is exiting the Russian market, the world's biggest cement-maker said on Tuesday. "The Holcim Board of Directors has decided to initiate the process to exit the Russian market in line with the company's values to …

Hilton and Hyatt suspend business development in Russia

Hilton and Hyatt suspend business development in Russia

US-based Hilton and Hyatt hotel chains made the decision to suspend development of their business in Russia due to the situation around Ukraine, press services of companies said. "We have made the decision to suspend our …

Vitaly Mutko: main thing is to implement tasks set by president

Vitaly Mutko: main thing is to implement tasks set by president

Russian President Vladimir Putin's address to theFederal Assembly was clearly structured and consisted of practical tasks that must be completed by the government and other state structures in a timely manner, General Director of DOM.RF …

Kremlin comments on new U.S. sanctions against Nord Stream 2

Kremlin comments on new U.S. sanctions against Nord Stream 2

Kremlin spokesman Dmitry Peskov called the new U.S. sanctions against Nord Stream 2 a manifestation of hostile takeover competition. At the same time, the Kremlin is not inclined to associate the introduction of these restrictions with …

There's a lack of builders in Russia

There's a lack of builders in Russia

Deputy Prime Minister of the Russian Federation Marat Khusnullin said that there's still a shortage of labor at construction sites in Russia.  This is due, among other reasons, the closure of borders due to the coronavirus and …

Putin expects increase in road construction pace in Russia

Putin expects increase in road construction pace in Russia

Russian President Vladimir Putin is counting on an increase in the pace of road construction in Russia, said he in an interview on Thursday with workers who were building the Tavrida highway in Crimea. "I hope that it will not …

Russia and China to be linked by first car bridge

Russia and China to be linked by first car bridge

Russia’s Ministry of Construction, Housing and Utilities greenlighted opening the first car bridge between Russia and China, built across the border river of Amur, between the cities of Blagoveshchensk and Heihe, Ministry for the …

Germany expects Nord Stream 2 to be launched in a year

Germany expects Nord Stream 2 to be launched in a year

Germany expects the Nord Stream 2 pipeline will be launched no later than the first quarter 2021, German Ambassador to Russia Geza Andreas von Geyr said. The diplomat noted that he had discussed this issue with Chairman …

Novak: Nord Stream 2 pipeline to be built despite sanctions

Novak: Nord Stream 2 pipeline to be built despite sanctions

The Nord Stream 2 pipeline will be built despite sanctions, although it remains unclear at present whether Swiss company Allseas will be able to complete the project, Russian Energy Minister Alexander Novak said. "It’s too …

Construction of Crimean Bridge's railway segment completed

Construction of Crimean Bridge's railway segment completed

Construction of the railway segment of the Crimean Bridge has been formally completed, Russia's technical regulator Rostechnadzor said. "The statement of conformance evidences the facility has been built and complies with …

Europe to be connected to Turkish Stream next year

Europe to be connected to Turkish Stream next year

Construction of the second line of the Turkish Stream gas pipeline will be completed by 2020, Russian Foreign Minister Sergey Lavrov said after talks with the Deputy Prime Minister, Foreign Minister of Bulgaria Ekaterina …

Armenian church being built in Bashkortostan - media

Armenian church being built in Bashkortostan - media

The construction of an Armenian church has started in Zaton village of Ufa, the capital city of the Russian Republic of Bashkortostan, according to Govorit Ufa. The church consecration ceremony was attended by Bishop Yezras of the …

Gazprom to start gas supplies to China ahead of schedule

Gazprom to start gas supplies to China ahead of schedule

Russia’s Gazprom will start gas supplies to China from December 1, 2019, a month earlier than planned, according to the gas producer's website. Following talks with its Chinese partner CNPC in Beijing, Gazprom CEO …