Russians increasingly invest in resort real estate
Over the past eight years, there has been a consistent growth on the market for resort real estate in the Russian city of Sochi, Interfax reported on Thursday, citing a corresponding analysis.
Honka to build a cottage village near Istra Reservoir in Russia
Honka, an international concern specializing in the production of wooden houses, plans to build a cottage village on the shore of the Istra Reservoir in the Moscow region, Russia, the head of the company’s Moscow office, Alexander Lvovsky, told reporters on Wednesday.
Unique E-sports Arena to open in center of Moscow
On March 31, an unusual arena will appear in Moscow with an area of over 1,000 square meters, where children will be able to compete in e-sports, Russian media reported on Wednesday with reference to the developer.
Gazprom and Italians talk about southern gas route
Alexey Miller, the head of Gazprom, and Italy's Ambassador to Russia, Pasquale Terracciano, exchanged opinions on the subject of building a southern route for gas supply to Europe, as it follows from the message pf the gas holding.
Chinese may be expelled from Lipetsk SEZ in Russia
In case the Chinese company Lifan does not build its first car factory in Russia by the end of this year, it will cease to be a resident of the Lipetsk Special Economic Zone located in the Lipetsk region of the Russian Federation, Izvestia newspaper reports on Tuesday.
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.