Skip to main content

Polish budget switch

The EC is not keen for Poland to use rail funds for roads.
March 2, 2012 Read time: 1 min
The EC is not keen for Poland to use rail funds for roads. This became clear during talks between Poland's Ministry of Infrastructure and the 2465 European Commission (EC). This means that funds worth €1.2 billion originally allocated for rail projects will not be transferred to road spending. A final ruling by the EC has yet to be made, although Poland may appeal. The Polish Government wanted to reallocate the rail funds to the road programme to make up for budget spending cuts.

For more information on companies in this article

Related Content

  • Protecting the roadway with guard rails
    November 10, 2015
    Tata Construction Products is a major player in the European road protection market and aims to boost its share of business - Mike Woof writes. Part of the massive Tata Group, Tata Construction Products is a major player in Europe’s business segment for steel guard rails. Rodney Rice, marketing manager, Tata Steel Construction Products, said, “Our market is predominantly Europe.”
  • Italy budgets for highway maintenance, upgrades
    May 15, 2012
    Between January and September 2009, some €1.27 billion was invested into Italy’s highway network. This equated to 92% of the €1.38 billion originally estimated in the financial plan. ANAS, the Italian public motorway concessionary, said that by the 31 December, 2008, some €40.1 million was budgeted for ordinary maintenance, and €451.5 million linked to the financial benefit for delayed investments. The highway sector has an investment plan worth over €40.7 billion, of which €7.2 billion is for Concessioni
  • World Bank cancel US$1.2bn Padma Bridge loan
    July 6, 2012
    A loan worth US$1.20billion for the Padma Multipurpose Bridge project has been cancelled by the World Bank (WB). The decision was said to have been taken as the Bank was not satisfied with the actions taken by the Bangladeshi government in regards to corruption allegations involving the bridge contract. A major engineering and construction company is alleged to have made improper payments to Bangladeshi government officials in order to secure the bridge contract. The World Bank loan, signed In April last y
  • Norway's tunnel improvements
    March 2, 2012
    Tougher legislation on tunnel safety means that Norway will have to invest heavily in upgrading underground road links.