Construction market in Russia and Eastern Europe

In brief: New road to be built in Novokuznetsk

Mon, 14 May 2012 00:00:00 +0200

A new road is to be built in Novokuznetsk in Kemerovo Province. It will take up 10.4 km and connect the Kuznetsky (east of the city) and Zavodsky (north east) districts of the city. The ...

Silovye Mashiny to build properties on former plant site

Mon, 14 May 2012 00:00:00 +0200

Silovye Mashiny (Silmash), a Russian power machine manufacturing group specialising in producing heavy machinery has received approval to use the site of one of its plants – ...

Aviapark construction approved, but reduced in size

Mon, 14 May 2012 00:00:00 +0200

The Moscow authorities have approved the Aviapark shopping centre project to be built on the site of the former aerodrome in Khodynka Field in the north of Moscow. However, the city ...

Onduline activates second roofing material production facility in Nizhny Novgorod

Mon, 14 May 2012 00:00:00 +0200

Onduline, a French producer of light roofing solutions, has activated a second stage of bitumen roofing material manufacturing facility in Nizhny Novgorod. The project, which will ...

American companies mull construction of automotive spare parts and chemical goods plants in Russia

Fri, 11 May 2012 00:00:00 +0200

Thirteen American manufacturing companies are considering investing money in the construction of their own plants in Russia. The companies, headed by U.S. Commerce Department Deputy ...

Gorizont won lawsuit over Rubin plant site in Rostov-on-Don

Tue, 08 May 2012 00:00:00 +0200

The company Gorizont, active in the Rostov Province, has won a lawsuit against the local property fund with regard to the site of the former Rubin plant. The 1.97 ha site was privatised ...

O1 got only half of Bolshevik

Tue, 08 May 2012 00:00:00 +0200

The developer O1 Properties eventually became the owner of only 50% plus one stock of the Bolshevik confectionery factory at the Leningradsky Avenue in the centre of Moscow. Previously, ...

Regional authorities expect to reduce prices of building materials by 20%

Wed, 02 May 2012 00:00:00 +0200

The Ministry of Regional Development of Russia is considering a ban on the sale of construction materials outside the exchange market in the Russia's regions, according to Interfax. ...

Nafta Moskva and MCG in out-of-court settlement over Eurasia Tower

Mon, 30 Apr 2012 00:00:00 +0200

Nafta Moskva and the developer MosCityGroup (MCG) may reach an out-of-court settlement with regard to the Eurasia Tower office complex in the Moscow City business centre. MCG borrowed ...

PIK sold land to German retailer

Fri, 27 Apr 2012 00:00:00 +0200

The PIK Group developer has sold 11.2 ha of land in Korolev in Moscow Province to the German retailer Globus. The deal amounted to RUB 755m (€19.5m). The PIK’s new strategy ...

Russian Railways plans 18 new logistics terminal

Fri, 20 Apr 2012 00:00:00 +0200

The Russian Railways (RZhD) plans to build 18 logistics terminals with a total capacity of 210 million tonnes annually, with a construction cost of RUB 561bn (€14.47bn). The ...

RGI Group allowed to build hotel in Moscow centre

Fri, 20 Apr 2012 00:00:00 +0200

The developer RGI Group has received permission from Moscow authorities to build a hotel in the Taganka district in the centre of Moscow. The hotel will take up 9,480 m2 and feature ...

Renova wants to convert Perm office complex project into residential

Mon, 16 Apr 2012 00:00:00 +0200

Renova StroyGroup intends to review its mixed-use office and hotel complex in the centre of Perm. The developer plans to use the site of the former tobacco factory for the construction ...

Tender for St. Petersburg KAD planning work to be announced in May

Mon, 16 Apr 2012 00:00:00 +0200

In May the St. Petersburg authorities are expected to announce a tender for the planning of the improvement work on the St. Petersburg Ring Road (KAD) between the Priozerskoye highway ...

BIN Group may build mixed-use complex in Moscow

Mon, 16 Apr 2012 00:00:00 +0200

The BIN Group plans to build a mixed-use complex with an amusement park in south Moscow at the junction of the Varshavskoye highway and the Moscow Ring Road (MKAD). The group, which ...