Discount mobile operator Tele2 will next week launch in Moscow in a bid to to break the…
Topic: Moscow
Business, property, transport, infrastructure and investment news about Moscow
Moscow house sales plunge 38% as prices stay high
Moscow house sales fell by 38% year-on-year between June and August as the country’s recession continues…
Moscow plunges down 2015 Mercer Cost of Living survey
Moscow has dropped from 9th to 50th place in the 2015 Mercer Cost of Living Survey that calculates which…
Rouble collapse brings down Russian tourism costs with it
Rouble collapse brings down Russian tourism costs: The dramatic devaluation of the rouble has had an equally…
Moscow approves two-year tax holiday for business start-ups
Moscow approves two-year tax holiday: The authorities in Moscow are to take advantage of legislation introduced late…
Lotte Group pledges $1bn investment in Russian retail and hotel sectors
Lotte Group, the South Korean multinational food and shopping corporation, this week pledged to invest up to $1bn…
Sports Innovation Centre planned for Moscow
Sports Innovation Centre planned for Moscow: Skolkovo Technology Park and the Russian Olympic Committee are joining forces to…
Moscow retail expansion plans fall victim to recession
Moscow retail expansion plans: Plans to build 900,000 m² of new mall space in Moscow this year are rapidly receding as Russia’s growing…
Demand for Moscow office space drops by 24% to five-year low
Demand for Moscow office space dropped by 24% last year, according to property consultants , Jones Lang…
Moscow airports to be handed over to private sector
Moscow airports: Responsibility for the upkeep of runways and aprons at Moscow’s airports should be transferred…
Metrovagonmash wins $2.6bn Moscow Metro contract
Metrovagonmash, the Russian train maker, has won the international contract to supply 96 trains for the Moscow Metro after several…
Pioneer Group wins Sberbank funding for Moscow residential complex
The Pioneer Group, one of the largest residential and commercial property developers operating in and around Moscow…
Moscow Metro circle to be ready by 2020
Moscow Metro circle: The 58-km circular expansion of the Moscow Metro line should be fully operation…
Moscow congestion charge moves up agenda
Moscow congestion charge: The idea of charging vehicles for entering Moscow needs elaboration but has not…
Moscow Metro mobile network to be put out to tender
Moscow Metro mobile network: The Moscow City Government has decided to appoint a single operator to set…
Moscow subway shops discussed with Auchan and Metro
Moscow subway shops: The Auchan and Metro retail groups have expressed an interest in opening shops…
MIPC sells property assets in Moscow
MIPC sells property assets: The Moscow United Energy Company (MIPC) is putting five offices and 12 buildings up…
Russian Railways recapitalised to fix Moscow transport system
Moscow transport system: The Russian government has decided to increase the authorized capital of Russian Railways by…
Luzhniki Stadium reconstruction to cost RUB19bn
Luzhniki Stadium reconstruction: It is going to cost RUB19bn to renovate Moscow’s Luzhniki Stadium before it can…
Moscow liquor licence warning
Moscow liquor licence warning: More than half of Moscow’s stores and restaurants could lose their liquor licenses if they…
Russian Railways PPP solution for Moscow rail station repairs
Moscow rail station repairs: Russian Railways has awarded the Central Suburban Passenger Company (TsPPK) a 15-year, RUB1.3bn…
Russian salaries grow despite economic slowdown
Russian salaries were 9% higher in June than they were in the same month last year with…
Cost of living in Moscow drops down world rankings
Cost of living in Moscow: Moscow has moved from being the second to the ninth most expensive…
Morton buys Lefortovo site off Almaz-Antey
Morton buys Lefortovo site: The Moscow residential development group Morton has bought an 8.8ha site from…