closing
Closing of the legendary “Cherkizovskij Market” in Moscow
Thursday, July 30th, 2009 | Journey | 1 Comment
The news about the closing of the legendary market in the eastern part of Moscow near by the international hotel complex “Izmajlovo” spread like a fire. The market of the size of about 200 ha is existing since the early 90-ies and emerged to be the biggest one in Europe with approx. 100 000 persons employed. Most of the people involved into the production and distribution chains come from China and smaller (Central) Asian countries having no legal residence permit. The daily turnover of this market is estimated to be more than 200 000 US-$ per diem. The management of the market remains in the hands of the Izmajlovo clan – Telman Izmajlov, his two sons and his nephew- since 1989. Shortly, Mr. Izmaijlov attracted attention by opening the most expensive and luxurious hotel resort in Turky inviting prominent guests from all around the world.

Cherkizovsij Rynok
The latest news report just a “preliminary closing” of the market because of ” failors of sanitary and dealing norms”. In fact, the market is considered to have a criminal touch in terms of the way of making business and the trading goods. The missing certifications and other documents for many goods are then the simplest delicts. A closing of the “Cherkizovskij market” has been tried several times since 2001, but without any success.
Is the current situation more authoritative then it has been in the past? Now plans to build a sport and entertainment center as well as a modern shopping center, instead of the shabby market hall, the kiosks and the large parking for the trucks with (illegal) goods, becoming more and more realistic. Shortly the Chinese deputy secretary of trade who visited Moscow and showed interest in finding a con-sens regarding the destiny of the over 60 000 Chinese who worked at the Cherkizovskij market as well as the goods to the amount of 5 billion US-$, which are still in the area. He confirmed that the Chinese government is willing to invest about 1 Billion US-$ in building a new shopping-center as well as a large-scale logistic center and customs terminal. This project would take at least two years in case of the final clarification of the matter.
Until then hundreds of police officers are patrolling around the housing estates to prevent a rising of criminal incidents. It`ll take some time to stabilize this tense situation with thousands unemployed Asians who are just hanging around the Metro stations and nearby “Izmajlovo Park” awaiting the issue.