×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Businesses Relocate to New Areas

Companies are gradually moving out of central Moscow and into the huge territory incorporated into the city last year, acting Mayor Sergei Sobyanin said Wednesday.

Rostelecom and development company RDI are already building offices in the Troitsky and Novomoskovsky administrative districts to the southwest of the city in the new areas, Sobyanin told Vedomosti.

The real estate development and construction group PIK, as well as Pharmstandard, Sberbank and Vneshekonombank are also ready to move to Moscow’s added land.

Last year, the territory of Moscow more than doubled in size. Federal government offices were slated to be moved out of the city center, and in late July Sobyanin announced that the city’s government offices would also move to the suburbs. Business, it seems, is not exempt from the authorities’ zeal.

PIK is thinking about moving because of a request from City Hall, said its vice president, Artyom Eyramdzhants, adding that the location of their current office in central Moscow can sometimes be an inconvenience for clients.

The company has not yet decided where to build its new office.

RDI is building a 10,000 square meter building in a business area of the new territory’s Zapadnaya Dolina area, the company’s CEO Dmitry Karyanov said.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more