New bus terminal to be built in Gelendzhik
A new building of a suburban bus terminal is planned to be built in the Russian resort town of Gelendzhik located at the Black Sea, the press office of the local administration said on Wednesday.
Turkish hotelier ready to invest in Russian market
Representatives of Turkish hoteliers find it promising to invest in hotel business in Russia, general manager of Rixos Premium Belek Özgür Cinkilic told Interfax news agency on Wednesday.
Former Military Academy near Kremlin to be reconstructed into hotel
The Moscow authorities have approved a concept for the development of the territory of a former Missile Forces Military Academy n.a. Peter the Great located in central Moscow, chief architect of Russian capital city Sergei Kuznetsov told reporters on Wednesday.
Russia to establish industrial zone in Egypt by autumn
Egypt’s Minister of Industry and Trade Tarek Kabil is expected to arrive in Moscow during this month with a project of an intergovernmental agreement on the establishment of a Russian industrial zone in Egypt, his Russian counterpart, Denis Manturov, told reporters on Wednesday.
Airbus Helicopters starts plant construction in China
Airbus Helicopters has begun to establish China's first assembly line for civil helicopters. The plant, which construction started in the city of Qingdao, the Shandong province, will be jointly managed by Airbus Helicopters and General Aviation Qingdao United Company, a Qingdao integrated company for general aviation.
Luxurious hotel for $18m to be erected in Siberia
The investor, who has built Russia's largest indoor water park in the city of Novosibirsk, Siberia, is also going to spend 1 billion rubles (about $17,7 million) for a hotel construction there.