Japanese Okura comes up with a concept for Hyatt hotel in Russia
Hotel Okura Co. Ltd, one of the oldest Japanese hotel chains, expresses its interest in participating in the completion of Hyatt hotel in Vladivostok, a major city located in the Russian Far East, according to the regional administration.
American Panda Express sets up a new fast food chain in Russia
Alexander Kolobov, the main owner of Shokoladnitsa that is one of the largest chains of coffee shops in Russia, and Panda Express, a US company that owns a fast food chain in the USA, will establish in Russia a new restaurant chain specializing in Chinese cuisine.
NATO is moving to a new “cutting-edge” building
On March 19, NATO began the final part of its move to a new headquarters situated on Boulevard Leopold III in the north-east of Brussels, according to a report published on the Alliance’s official website.
Revival of real estate market in Portugal transforms its cities
Portugal's cities are experiencing a remarkable revival thanks to strong economic growth. It fuels the development of new commercial and office spaces, as well as makes the cities increasing popularity among investors purchasing old buildings for renovation, JLL Real Views reports.
Chinese investment in foreign real estate reached its high in 2017
The total volume of Chinese investments in the foreign real estate at the end of last year amounted to a record $39.5 billion showing an 8-percent increase compared to 2016, Interfax news agency reports on Monday citing Collier's international consulting company.
Siemens supplies turbines to Gazprom for building TPS in Chechnya
Gazprom, a Russian major gas holding, is going to purchase two gas turbines produced by German Siemens for construction of a thermal power station (TPS) in Grozny, a capital city of Chechnya, RBC news agency reports on Friday referring to the company’s statement.
US Senators are about to deal a blow to Russia’s Nord Stream 2
A group of US senators from the Republican and Democratic parties to the number of 39 people sent a letter to US Treasury Secretary Steven Mnuchin and Deputy Secretary of State John Sullivan, in which they opposed the construction of the Nord Stream 2 project, Rambler News reports on Friday.
$175-million children's campus to be built in Russia
The largest children's investment project in Russia in recent years is going to be implemented on the territory of Artek, an international children center situated on the Black Sea, Interfax news agency reports on Friday.
Wintershall allocates €324m to Nord Stream 2 this year
The German company Wintershall is going to allocate another 324 million euro this year to the implementation of the Russia-Germany gas pipeline project Nord Stream 2, the company’s Executive Board member, Thilo Wieland, told Russian media.
What is an average housing price in Russian regions
The Russian Construction Ministry has revealed average market prices for housing in Russia for the second quarter of this year. The relevant document was published on Thursday on the federal website of legal acts.
Khabarovsk airport to be built without Japanese investments
Japanese investment will not be attracted to a project of the construction of a new airport terminal in Khabarovsk, a Russian city located in the Far East. This is what Deputy Prime Minister - Presidential Envoy in the Far Eastern Federal District Yuri Trutnev told reporters on Thursday.
$140 million to be allocated to road bridge across Ob River
The authorities of the Yamalo-Nenets Autonomous District of Russia are going to allocate 8.2 billion rubles ($140 million) for the construction of a road bridge across the Ob river, Governor of the region, Dmitry Kobylkin, told reporters on Thursday.
French and Russian technology parks to exchange startups
Moscow technology park Phystechpark starts cooperating with Sophia Antipolis, a European technology park located near the French city of Nice, president of Osnova Group of Companies, Alexander Ruchyov, told reporters on Thursday at MIPIM exhibition.
Azimut Hotels to open $82m hotel near Pereslavl-Zalessky
This summer, Azimut Hotels plans to put into operation a hotel complex for 4.7 billion rubles ($82 million) near Pereslavl-Zalessky, a Russian town founded in the 12th century and known for its rich historical legacy.