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French jewelry house Mauboussin enters Russian market
11-05-2017, 10:23
Mauboussin, a French jewelry house, will enter the Russian market with the opening of its flagship boutique on Nikolskaya Street, Moscow, according to JLL, the company acting as a consultant of the transaction.
Volkswagen to invest €9 billion in green technology
11-05-2017, 09:54
German carmaker Volkswagen will increase its investments in the development of vehicles using alternative fuels, and plans to become a leader in the field of production of electric vehicles by 2025, as it follows from a statement published on the manufacturer’s website.
Russia, Turkey negotiate price for supplies of S-400 missiles
10-05-2017, 18:03
Negotiations between the Russian Federation and Turkey over the supply of S-400 anti-aircraft missile systems are at the “mature” stage, but the countries need to settle issues connected with the price of the complexes, Reuters reports with the reference to Minister of Defense of Turkey, Fikri Ichika.
Tennis center for 40 courts to be built in Moscow
10-05-2017, 17:47
A tennis center designed for 40 courts will appear in the Moscow Luzhniki Olympic Stadium, a Deputy Mayor of Moscow for urban development policy and construction, Marat Khusnullin, told reporters.
Cambodia to build VIP prison with paid placement
10-05-2017, 17:00
The government of Cambodia will commission the building of a prison with improved incarceration conditions, for the placement in which inmates will have to pay money, Phnom Penh Post reports.
Putin gave crucial assignment to government on regional land
10-05-2017, 16:47
Russian President Vladimir Putin has instructed the government of the Russian Federation and the Housing Mortgage Finance Agency (AIZhK) of Russia to increase the involvement of municipal and regional lands in transferring to housing co-operatives.
$34m to be invested in Sheraton hotel building near Moscow airport
10-05-2017, 16:08
Rossiiskii Kapital, a Russian bank providing services to enterprises of construction, oil and energy industry, has opened a seven-year credit line to JSC SK Vnukovo in the amount of 2.1 billion rubles ($34 million) for the construction of a hotel complex in the area of the Moscow Vnukovo airport.
Russia’s trade balance surplus grew by 49% in 2017
10-05-2017, 14:59
In January – March 2017, trade balance surplus of the Russian Federation has increased by 49%, up to $39.9 billion, compared with the same period in 2016, as it follows from the documentation of Russia’s Federal Customs Service.
Lithuania to build fence on border with Russia this year
10-05-2017, 14:41
Construction of a fence on the border with the Kaliningrad region of the Russian Federation with a length of 45 km will cost Lithuania €1,335 million. As the country’s Border Protection Service reported, the corresponding contract had been signed with a building contractor.
H&M rented 5,000 sqm in Moscow’s famous Gallery Actor mall
10-05-2017, 12:27
H&M, an international fashion brand, has rented 5,000 square meters in Gallery Actor trade center located on Tverskaya street, in the center of Moscow, the press office of Cushman & Wakefield, which provides commercial management of the complex, said on Wednesday.

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