$10,7 million to be invested in Rostov-on-Don’s Radisson Blu Hotel
Investments in the opening of Radisson Blu Hotel in the Russian city of Rostov-on-Don will exceed 600 million roubles (approximately $10,7 million), the general director of Group Agrokom, the hotel’s owner, Sergey Sapotnitsky, told reporters on Thursday.
IKEA invests $17,8 million in renovation of mall in Kazan
IKEA has invested 1 billion rubles ($17,8 million) into renovation of MEGA mall in Kazan, the capital city of the Russian Republic of Tatarstan, a manager of shopping center, Liana Sirazetdinova, told reporters.
Eurocement Group invests $250 million in plant construction in Uzbekistan
Eurocement Group, Russia’s biggest supplier of cement, ready-mix concrete and aggregates, by 2021, plans to invest about $250 million in the construction of a new plant on the premises of its asset in Uzbekistan — JSC Akhangarancement located in Tashkent region of the country.
Scientists from Nizhny Novgorod offer “smart” greenhouses to farmers
Scientists from the city of Nizhny Novgorod, the main educational and scientific center of Russia, has offered to local farmers their developments in the field of “smart” greenhouses, super-high frequencies heaters, data collecting drones and phytohormone treatment of materials for the purpose of increasing crop yields.
Latvia to impose property tax on ruins
On Thursday, the parliament of Latvia passed in the final reading amendments to the law, according to which, since 2020, the state and local governments will be obliged to pay a property tax for the ruins owned by them.
Foreign project designers to be involved in Moscow housing renovation
Best Russian and foreign project designers will be involved in the creation of new residential neighbourhoods in the capital city of Russia, within the renovation program, Deputy Mayor of Moscow for urban policy and construction, Marat Khusnullin, said on Thursday.
French Auchan invests $356 million in Russian market this year
In 2017, Auchan Retail, a French company, plans to invest more than 20 billion rubles ($356 million) in the Russian market, the General Director for a hypermarket format of the Russian branch of the retailer, Oleg Alkhamov, told reporters.
Russian government allocates $178 million to repair road
In 2017, the Russian government has allocated 10 billion rubles ($178 million) to straighten out, develop and increase a traffic capacity of automobile roads of public service of regional, inter-municipal and local significance.
Israeli IAI developed “Cockatoo” drone for Brazil
IAI, an Israeli concern, jointly with its partner in the Brazilian company Avionics Services, presented “Cockatoo” (Caçador) unmanned aerial vehicle with a takeoff weight of 1270 kg at the exhibition of arms and military equipment 2017 LAAD in Rio de Janeiro.
Gazprom signs contract for gas purchase in Uzbekistan
On Wednesday, Chairman of the Board of Directors of Gazprom gas holding, Alexey Miller, signed a contract for the purchase of gas in Uzbekistan, Interfax news agency reports from a signing ceremony in Kremlin.