IKEA launches online shopping in Russia
Swedish IKEA, which owns a chain of stores selling furniture and household goods, announced on Thursday the launch of an online store for the Russian cities of Moscow and St. Petersburg.
Turkish Gurbag Group plans to enter Crimean market
Gurbag Group, a Turkish construction company, is considering entering the Russian market and looking for projects in the Crimea, the CEO of the company Cevdet Evgar told Rambler News agency on Thursday.
Russian MPs introduce draft law on burial of Lenin
Members of Russian Parliament, he State Duma, have introduced a draft law, which provides a legal framework for burial of the body of Vladimir Lenin, a Russian communist revolutionary.
Chinese investor to build $4bn oil refinery in Russian Far East
XinChen Ind. & Com. Group, a Chinese Corporation, plans to make an investment worth between 26 billion to 30 billion yuan ($3,8 – 4,4 billion) in the construction of an oil refinery in the Primorye Territory located in the Russian Far East.
Arab funds to invest in logistics hubs in Moscow and Novosibirsk
The Russian Direct Investment Fund (RDIF) and Mubadala Development Company, a state-owned holding company based in the UAE, as well as other leading Middle Eastern funds are going to invest in two logistics hubs in the Russian cities of Novosibirsk and Moscow.
Air bomb discovered during repair works in southwestern Moscow
Aviation shells of the Second Word War was found on Thursday over the course of repair work carried out in the south-west of Moscow, the press office of the Moscow Department of the National Guard of Russia (Rosgvardiya) told Interfax.
Turkish investors aspire to build factories in Crimea
Turkish investors are interested in construction of a cement plant in the Crimea, while the Greek ones have already embarked on hotels building, according to the press office of the Yalta International Economic Forum.
CIS countries plan to set consistent standards in construction
CIS countries plan to reach an agreement on consistent standards in the construction, according to Dmitry Mikheyev, director of FTsS federal autonomous entity, which is a basic organization of CIS member states for technical regulation issues in the construction industry.
General Motors ceases operations in Venezuela
General Motors (GM), an American corporation engaged in design, manufacture, and distribution of vehicles and their parts, announced an immediate termination of all its operations in Venezuela, Reuters reports.
Russia delays commissioning of two 2018 World Cup stadiums
The Russian government has postponed the commissioning of football stadiums under construction for 2018 World Cup in the Russian cities of Samara and Kaliningrad, as it follows from a decree published on the website of legal information on Wednesday.