Kazan allocated US$263.14mn road repair budget for 2012
Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
May 15, 2012
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Kazan Mayor Ilsur Metshin said authorities would allocate US$263.14million to repair the city’s road network in 2012, compared to a total of $197.66million spent over the previous five years.
Around 510km were created last year to the national network in an effort to get even hesitant cyclist onto their bicycles as a means of getting to work and also getting out to play, in the city or the countryside.
The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
German engine manufacturing giant Deutz saw the worth of its new orders fall 16.4% in 2012 to €1.237.1 billion, compared to 2011 new orders worth €1.479.3 billion. The Cologne-based firm sold almost 179,000 engines in 2012 - 22.5% fewer than in the previous year. The Deutz Group's revenue decreased by 15.5% to €1.291.9 billion in 2012. Average revenue per engine increased owing to the greater proportion of higher-value engines. Deutz said the difficult economic climate in Europe and a weakening capital equi
Data from the US Department of Transportation's National Highway Traffic Safety Administration (NHTSA) shows that highway deaths increased to 33,561 in 2012, an increase of 1,082 over the figures for 2011.The official Fatality Analysis Reporting System (FARS) data reveals that the majority of the increase in deaths, some 72%, occurred in the first quarter of 2012. Most of those involved were motorcyclists and pedestrians. This newly released data marks the first increase in road related fatalities in the US
