Russia launches pilot projects with use of BIM
The Russian Ministry of Construction, Housing and Utilities has started the regulations revision and adjustment of state design standards to the application of information modelling technologies (BIM).
Italian investor to take part in reconstruction of M-4 motorway
The Russian Direct Investment Fund (RDIF) jointly with ANAS, a leading Italian company in the road management, and Russian state enterprise Avtodor, announced the establishment of a consortium for the development of Russian road infrastructure.
Russian Railways gets extra $160m for building Moscow railroad
This year, the Russian Railways will receive an additional 9.14 billion rubles (approximately $160 million) for the expanding of a network of stops at the Moscow railroad and the integration of the Savyolovsky railway line with the Moscow Central Ring.
Rosatom to create shell for world's most powerful fast reactor
Atommash plant, which is incorporated in Rosatom State Nuclear Energy Corporation, plans to make by the end of 2018 a shell for the world's most powerful research fast-neutron reactor, production director at the enterprise, Vitaly Shishov, told reporters on Wednesday.
High-rise residential complex to be built near Moscow City
Construction of a high-rise residential complex, Center City, near the Moscow International Business Center is planned to be completed until year 2023, director general of KORTROS state enterprise, Stanislav Kiselev, told reporters on Wednesday.
Concession investments in Russian housing total up to $4 billion
At present, the volume of investments made within concession agreements in the housing and utility sector exceeds 226 billion rubles ($4 billion), the head of the Russian Construction Ministry, Mikhail Menn, said at a press conference devoted to housing reforming.
Russian-Chinese Fund to invest in Yandex.Taxi service
The Russian-Chinese Investment Fund established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), ready to invest in Yandex.Taxi service, the head of RDIF Kirill Dmitriev told Russia 24 TV channel.
Gazprom, Wintershall to drill second well within Winchelsea project
In 2017, Gazprom, a Russian gas holding, and Wintershall, a Germany's largest crude oil and natural gas producer, will drill the second well within the framework of a joint Winchelsea project being implemented in the North Sea, according to the Russian company’s report.
Russia, Indonesia consider exchanging fighter planes for rubber
Russia is interested in the bartering of the party of Sukhoi fighter planes for Indonesian natural rubber, Jakarta Post reported on Tuesday, citing director general at the Foreign Trade Department of the Indonesia’s Foreign Ministry, Oke Nurwan.