NDS to spend US$2.21bn on Zilina, Slovakia motorways

NDS, the Slovak national motorway company, plans to spend US$2.21 billion (€1.7bn) between 2013 and 2016 on motorway construction projects in the Zilina region of Slovakia. Milan Gajdos, the firm’s managing director and chairman, said that post 2016 a further $1.04 billion (€800mn) will be invested in the region. Currently, tenders worth $1.82 billion (€1.4bn) for motorway projects in the region are already underway, including tenders for stretches of the D1 and D3 motorways. It is still not known whether t
July 1, 2013 Read time: 1 min
5891 NDS, the Slovak national motorway company, plans to spend US$2.21 billion (€1.7bn) between 2013 and 2016 on motorway construction projects in the Zilina region of Slovakia.

Milan Gajdos, the firm’s managing director and chairman, said that post 2016 a further $1.04 billion (€800mn) will be invested in the region. Currently, tenders worth $1.82 billion (€1.4bn) for motorway projects in the region are already underway, including tenders for stretches of the D1 and D3 motorways.

It is still not known whether the main motorway D1 linking Bratislava and Kosice will be completed by the end of 2018 due to a number of difficulties.

For more information on companies in this article

NDS

Related Content

  • Italian manufacturer body Unacea reveals machine exports
    October 31, 2014
    The Italian construction equipment manufacturer body Unacea has revealed comprehensive information on machine sales and exports. The data shows that construction machine sales in Italy grew 12% in the first nine months of 2014. However exports fell 7% and Unacea believes that the export performance of Italian manufacturers on the world market will have shrunk by the end of the year compared with the figures for 2013. Over the first nine months of 2014, construction equipment sold in the Italian market sto
    Read More
  • Slovakia highway opening faces delays
    March 2, 2017
    A key stretch of the D3 highway in Slovakia will open in the third quarter of 2017. This timescale represents a delay however as the section of road was originally planned to open in the second quarter of 2017. The 4.25km section runs from Zilina Strazov to Zilina Brodno and is costing close to €306 million to construct, with most of the funding being supplied by EU sources. This stretch of the highway is both complex and challenging as it includes a 2.2km section of tunnel as well as bridge over the the Hr
    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
  • Slovakia starts on Presov northern bypass
    August 15, 2019
    Work has started on the first stage of the 4.3km-long Presov northern bypass, part of the R4 speedway in eastern Slovakia.
    Read More

Highlighted Content