• Most Popular
  • Most Shared

Building boom drives dump truck thefts

MOSCOW
Wed May 7, 2008 11:42am EDT
A general view of a housing construction site in Russia's Black Sea resort of Sochi April 9, 2008. REUTERS/Grigory Dukor

A general view of a housing construction site in Russia's Black Sea resort of Sochi April 9, 2008.

Credit: Reuters/Grigory Dukor

MOSCOW (Reuters) - Forget the luxury cars that cram Moscow's streets: Russian thieves are after dump trucks, cranes and asphalt pavers to feed a booming construction sector.

Oddly Enough  |  Lifestyle  |  Russia

Thieves have removed 40 Russian-made Kamaz trucks and 13 cranes, cement-mixers and other pieces of heavy machinery from the capital's construction sites in the last three months, local media said on Wednesday.

"Just recently an asphalt-paver was carried away in broad daylight, right off the street," Igor Agapkin, head of the Moscow police's stolen-car investigation department, told the Izvestia newspaper.

A construction boom in Moscow and large cities across Russia is fuelling demand for construction equipment that cannot be met by domestic supply. Long-term projects make leasing expensive, and police said finding stolen items was "very rare."

"Theft of a crane, for example, is a difficult undertaking. They have to get past police posts, get to the 'chop-shop', completely change the vehicle's appearance, licence plates, repaint," said Agapkin.

"Professionals of the highest order are involved."

(Writing by Chris Baldwin, editing by Keith Weir)



More from Reuters

Photo

Bernanke: trial reserve drains may launch exit

WASHINGTON (Reuters) - The Federal Reserve could begin pulling back its unprecedented stimulus for the U.S. economy by first removing some cash from the financial system and then raising interest rates, Fed Chairman Ben Bernanke said on Wednesday.

 A protester marches next to a banner during an anti-government rally in Athens February 10, 2010. REUTERS/John Kolesidis
Analysis:

Will IMF step in on Greece?

Europe is loathe to turn to the International Monetary Fund to help bail out Greece but it may have little choice.  Full Article 

A worker drives a Toyota Motor Corp's newly assembled Prius hybrid vehicle onto a trailer near the company's plant in Toyota, central Japan February 9, 2010.REUTERS/Yuriko Nakao
Reuters Breakingviews:

Toyota's troubles in overdrive

The cost of Toyota's recall nightmare is nothing compared to the price of fixing its battered reputation.  Commentary