Delays put in doubt Serbian road deals

The two construction companies in Serbia, appointed for rehabilitation of around 1,100km of motorways, may have their contracts cancelled soon, according to Serbian media. The projects estimated to be worth around €400 million, according to a report by the national news agency Tanjug. Serbian vice president, Zorana Mihajlovic reportedly said that federal government may cancel the work due to violations of deadlines. However, she did not name the companies. For the time being it is an issue between
April 19, 2016 Read time: 1 min
The two construction companies in Serbia, appointed for rehabilitation of around 1,100km of motorways, may have their contracts cancelled soon, according to Serbian media.

The projects estimated to be worth around €400 million, according to a report by the national news agency Tanjug.

Serbian vice president, Zorana Mihajlovic reportedly said that federal government may cancel the work due to violations of deadlines. However, she did not name the companies.

For the time being it is an issue between the state highways agency Putevi Srbije and the companies involved, she said.

Related Content

  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
    Read More
  • Study reveals high levels of US motorcyclist fatalities
    April 26, 2013
    A report by the US Governors Highway Safety Association (GHSA) estimates that motorcyclist deaths increased around 9% in 2012, with over 5,000 killed. This is greater than had been expected by the US Government and if the data is confirmed, 2012 will be the 14th out of the last 15 years in which motorcyclist fatalities have increased. This shocking data is in marked contrast to US road fatalities overall, which have dropped. Motorcyclists remain one of the few roadway user groups where no safety improvemen
    Read More
  • Switzerland increases fuel tax to create road maintenance fund
    September 21, 2015
    The Swiss government has created a fund for street and urban transport works to help ease what it says will be a deficit of around €1.26 billion each year up to by 2030. The fund will be created from a rise in road fuel tax from €0.27 to €0.33. Added money will come from a tax on electric vehicles due to start in 2020 and which will raise around €84 million a year, rising to around €275 million. The road maintenance fund also will receive around €366 million from taxes on imported cars and €320 mil
    Read More
  • Svevia in Fjälkinge and Gualöv motorway deal
    April 7, 2023
    Under the contract in southern Sweden - worth around €45 million - the state-owned civil engineering company will also construct six bridges of which two will be fauna passages.
    Read More

Highlighted Content