Germany-based steel giant ThyssenKrupp Steel Europe AG announced on May 3 that it will supply around 250,000 m2 of ‘Hoesch Additive Floor' for 20 parking garages in Moscow, which is equal to 4,000 mt of zinc-magnesium coated steel profiles. The products will be delivered over the course of the next twelve months.
The 20 parking garages are part of the Narodny Garazh program, set up by the Moscow city government with the aim of solving one of the most urgent traffic problems facing the 10.5 million population city. According to officials, the city only has enough designated parking spaces for less than a third of the cars on Moscow's roads. The remaining 71 percent, i.e., around two million cars, have no official parking space.
By 2025, around 3.5 million additional parking spaces are to be created in Moscow, enough to meet projected traffic growth. Around 900,000 will be in the form of new parking garages. The 20 garages from the current contract for ThyssenKrupp Steel Europe are of different sizes and offer on average 500 to 1,000 parking spaces.