Support The Moscow Times!

French Firm Vinci Proposes Parking

France's Vinci, in partnership with Arkady Rotenberg, has made a proposal to the Moscow city government to build parking lots and metro lines, sources told Vedomosti.

A few years ago Vinci Park, which specializes in building and managing parking complexes, offered its services to build an above and below ground parking lot on Tverskaya Ulitsa and

Lubyanka, including investing $300 million in the effort, but it was decided not to trust them with such important locations, a former City Hall official said.

Now Vinci has a powerful partner — Arkady Rotenberg. They are partners in building the new Moscow-St. Petersburg toll highway, which costs 66 billion ($2.3 billion).

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.