Rotenberg’s company becomes contractor of Rostec’s ‘junk’ project

Rotenberg’s company becomes contractor of Rostec’s ‘junk’ project

In the Voskresensky District, the Moscow Region, the construction of an incineration plant has begun. A company called Trest Gidromontazh associated with Igor Rotenberg is the contractor of the first stage of construction which costs more than 2 billion rubles (~32.133 million USD).

Two stages

Trest Gidromontazh, owned by Igor Rotenberg’s TEK Mosenergo, will carry out work on the construction of the first of the four incineration plants planned to build in the Moscow Region.

The construction of the plant in the Voskresensky District near the village of Svistyagino began on June 1, informs the press service of RT-Invest, a structure of Rostec that implements the project. The first stage of construction includes the installation of temporary buildings and structures, development of excavations, temporary highways and monolithic works in the main building of the plant. At the second stage, it is planned to build the main and auxiliary buildings, lay permanent communications, supply equipment. The first stage of construction is planned to be completed in the second quarter of 2020, the plant will be ready to operate in the second quarter of 2021.

The partner of RT-Invest for the first stage of construction work was the company is Trest Gidromontazh, which belongs to the group of companies TEK Mosenergo. The contract with it has already been signed by AGK-1 LLC (part of RT-Invest). The total contract price for the facility will be more than 2 billion rubles,” the press service of RT-Invest reported to RBC.

Trest Gidromontazh has been building “the most complex industrial facilities” for many years said the CEO of RT-Invest, Andrey Shipelov.

The Moscow Region government is designing and building a road to the plant in the Voskresensky District from the A-108 highway, around populated localities. The project’s documentation is under state expertise and it is planned to complete the construction in late 2019, added RT-Invest.

The amount of investments in the plant in the Voskresensky District will reach 30 billion rubles (~482 million USD). In total, it is planned to build four incinerators in the Moscow Region: in the Voskresensky, Naro-Fominsk, Solnechnogorsk and Noginsk Districts. The capacity of each of the facilities will be 700 thousand tons of waste per year. Necessary equipment worth another 20 billion rubles (~312.334 million USD) will be produced by a corporation called Atomenergomash (part of Rosatom group of companies). Another incinerator plant will be built in Tatarstan. Ash and slag from the factories will be processed into building materials. For this purpose, it is planned to build enterprises with a cost of around € 10 million each from Moscow and Tatarstan.

Partner in Platon

Trest Gidromontazh participated in the reconstruction of Sayano-Shushenskaya HPP and Yeysk sea port, construction of high-speed highway M-11 Moscow-Petersburg and routes to the Central Ring Road, the company's website says. According to the SPARK database, 59.13% of the company belongs to JSC TEK Mosenergo. The remaining shares are owned by Austrian Specht Asset Management Services GmbH and Cyprus-registered Orbic Positive Investments Ltd. TEK Mosenergo is engaged in design and construction of energy facilities, transport, and industry. Chairman of its Board of Directors is Igor Rotenberg (No. 95 in the Forbes rating with a fortune of $ 1.1 billion). “78.7% of Mosenergo's fuel and energy complex is directly owned by Igor Rotenberg,” a representative of the businessman told RBC, refusing to answer questions about participation in the project on the construction of an incineration plant.

RT-Invest and Rothenberg are co-owners of the RT-Invest Transportniye Sistemy (RT-Invest Transport Systems), the operator of truck-toll system Platon. The parties owned 50% of the shares, but Rothenberg reduced his stake to 23.5% by selling shares to the company's CEO, Anton Zamkov and Shipelov. This transpired shortly after Rothenberg was placed on the US Ministry of Finance's Sanction List. He also sold 33.3% in the development company TPS Real Estate to his sister and reduced his stake in a Tula cartridge plant.

Building at times of protests

The timing and cost of the first phase of construction look real, says Boris Samoilov, an expert of the Moscow Society for the Protection of Nature. But incineration plants will not solve the problem of waste disposal in the metropolitan region, he is sure. “They will remove the tension to a certain extent. But the amount of waste will still grow. The problem should be solved in a complex way, both at social and technological levels. For example, by introducing a separate waste collection and stopping producing such a huge amount of packaging,” the expert said in a conversation with RBC.

In November, participants in public hearings voted against the construction of an incineration plant. Activists blocked the federal roads several times, protesting against the construction of the plant.

In the Moscow Region, high-scale protests against garbage dumps have been going on for a year already. Last summer, residents of Balashikha complained to President Vladimir Putin during a live call-in show about the smell from the Kuchino landfill. The polygon was closed, but the complaints continued. At the end of March, almost 70 children in Volokolamsk, the Moscow Region, were hospitalized after the release of landfill gas at the Yadrovo landfill. The authorities closed the old part of the landfill and promised to launch a new one, but the townspeople require complete closure. Since 2013, 24 of 39 polygons have been closed in the region. Annually, the Moscow Region receives 11.7 million tons of household waste, according to local officials, nearly 8 million tons of them are from Moscow.

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