Maintenance works package for St Petersburg ring road awarded

The contract for maintenance of the St Petersburg Ring Road has been awarded to PO RosDorStroy. The deal is worth some US$183 million and will run until mid-2018 and the ring road (KAD) has been maintained by PO RosDorStroy since construction commenced. The deal was awarded by the Directorate of St Petersburg Transport Bypass Construction (DSTO).
October 19, 2012 Read time: 1 min
The contract for maintenance of the St Petersburg Ring Road has been awarded to PO RosDorStroy. The deal is worth some US$183 million and will run until mid-2018 and the ring road (KAD) has been maintained by PO RosDorStroy since construction commenced. The deal was awarded by the Directorate of St Petersburg Transport Bypass Construction (DSTO).

Related Content

  • Poland: €7.57bn road budget call
    February 20, 2012
    The Polish highway authorities are calling for a road budget of e7.57 billion for 2011, and while this will have to be approved by the government, it is some e1.56 billion lower than originally planned.
    Read More
  • Finance change on Orlovski Tunnel
    July 9, 2012
    A change in financing arrangements has been announced by the local authorities in Russian city St Petersburg for the Orlovski Tunnel project. This move is being made due to changes in terms and costs for the project, which is for the construction of a new road tunnel under the city that is intended to alleviate congestion.
    Read More
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More
  • Slovakia’s D4/R7 zero bypass of Bratislava picks up award
    February 10, 2017
    Slovakia’s D4/R7 zero bypass of Bratislava has picked up the Best Transaction in Europe award given by the UK magazine Project Finance International. The Ministry of Transport and Construction received the award in London in early February. The ministry said that the contract is notable for being the first whereby a project had combined funding from European Union investment and structural funds and the EU fund for strategic investment. World Highways reported in January that construction will start early
    Read More

Highlighted Content