Moscow bought a plant for the production of materials for road repair
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In early August, a subsidiary of the Moscow Property Department JSC Razvitie Assets bought out the Biotum enterprise, which owns a bitumen production plant in the Vladimir Region. The deal was noticed RBC.
According to the Department of Property of Moscow, the company “Biotum” will be transferred to the management of the State Budgetary Institution of Moscow “Highways”. This department is responsible for the condition of asphalt in Moscow. Since the beginning of 2022, it has signed contracts for the repair of asphalt for 22 billion rubles.
The head of the Moscow Property Department, Maxim Gaman, said that the purchase would allow Moscow to receive products at low prices, which “will affect the quality of service on Moscow roads.” Over the year, prices for asphalt concrete in Moscow increased by 40%.
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