BMW plant in Hungary will not prevent launch of Russia’s enterprise
The authorities of the Kaliningrad region believe that the construction of a BMW plant in Hungary will not affect plans of the manufacturer to launch production in Russia, a source in the regional administration told Interfax news agency on Thursday.
10,000 new workers from North Korea arrived in Russia
Moscow's approval of the flow of workers from North Korea leads to a situation where Pyongyang has constant cash inflows from Russia, which can reduce the effect of sanctions, The Wall Street Journal reported referring to US officials.
Russia sets to supply integrated house-building plants for Syria recovery
Russia is willing to supply integrated house-building plants to Syria, which are capable of producing a wide range of reinforced concrete products within a short period of time, Alexander Tolparov, a representative of Russia’s Industry and Trade Ministry, said on Wednesday.
$19bln road construction project is in public spotlight in Russia
The cost of reconstruction of Dzhubga-Sochi highway amounting to 1.2 trillion rubles ($19 billion), making it the most expensive road in Russia, can be justified, a member of the State Duma committee on transport and construction Alexander Starovoitov said on Wednesday.
Why Naftogaz is wrong about Nord Stream 2 gas pipeline
Chief business director of the Ukrainian energy company Naftogaz, Yuri Vitrenko, said in an interview with Deutsche Welle that US sanctions could stop the construction of Nord Stream 2 gas pipeline.
Russia’s mortgage market is expected to grow by 19%
VTB, Russia's second-largest bank, predicts a 14.2% increase in the retail lending market, and a 19.3% increase in mortgages in the country this year, as it follows from a presentation made by the bank at a press conference on Tuesday.
Russian Railways built first kilometer of high-speed rail line in Serbia
RZD International, the Russian Railways engineering and construction company, has built the first kilometer of the new high-speed railway in Serbia, which connects the Serbian towns of Stara Pazova and Indjija, according to SeeNews, a news portal on South-Eastern Europe.
Russia may increase financing of Crimea’s development
The Russian Ministry of Economic Development has come up with a proposal to extend the implementation of the federal action program for the development of the Crimea and Sevastopol as well as to increase its funding.