Skip to main content

Ring road upgrade for Bucharest

Plans are in hand in Romania for the upgrades to the Bucharest ring road. This work is due to be completed by 2014, according to the country’s Transport Ministry. Reconstruction and modernisation of the Chitila-Voluntari segment of the ring road was completed in 2010 and the modernisation of another two segments were completed in 2011. Also, the upgrading of two further segments will be finished by mid 2013. The investment in the five segments of the ring road is expected to reach €100.17 mill
May 4, 2012 Read time: 2 mins
Plans are in hand in Romania for the upgrades to the Bucharest ring road. This work is due to be completed by 2014, according to the country’s Transport Ministry. Reconstruction and modernisation of the Chitila-Voluntari segment of the ring road was completed in 2010 and the modernisation of another two segments were completed in 2011. Also, the upgrading of two further segments will be finished by mid 2013. The investment in the five segments of the ring road is expected to reach €100.17 million, excluding VAT. Construction of the 17km segment that will link national road DN1 with the DN1 A will be completed on 30th September 2013 following an investment of €56.57 million. Also, the expansion and modernization of three segments at the south of Bucharest will be completed in December 2014 following an investment of €227.44 million. Also in Romania, a consortium comprising 1324 Astaldi and Max Boegl will build a 20.5km section of the Cernavoda-Medgidia highway. The deal is worth €117.56 million, excluding VAT and the work will take 12 months to complete. The project is being financed jointly by the 1054 European Investment Bank (EIB), the 2465 European Commission and the state budget.

For more information on companies in this article

Related Content

  • Key project for India
    February 15, 2012
    In India a major highway deal has been agreed for a road project in Gujarat worth an estimated US$810.8 million.
  • Romania’s road revamp continues
    May 9, 2016
    Romania’s road network is developing to meet demand. Data from country’s National Institute of Statistics (INS) reveals that the total length of highways in the country grew by 9.4%, or by 64km, in 2015 compared to 2014. Meanwhile highways now account for 4.2% of the total length of Romania’s road routes. At the end of 2015, public roads totalled 86,080km, of which 17,606km, or 20.5% of the total, were national roads, 35,316km, or 41%, were county roads and up to 33,158km, or 38.5%, were communal roads.
  • Costa Rica: Conavi gets more time and funds for road maintenance
    October 26, 2015
    Costa Rica’s road agency Conavi has extended the deadline and increase funds by $154 million for road repair and maintenance contracts. Contracts will be extended for the companies involved which include Constructora Meco, Grupo Orosi, Quebradores del Sur, Constructora Hernan Solis and Conansa. The Treasury Inspector's Office made the announcement, according to El Pais newspaper. Meanwhile, four banks are considering an investment in the 60km San Jose-San Ramon Road Expansion Project. They include
  • Europe’s road fatality rate is reducing
    July 3, 2013
    New data shows a continued improvement in road safety in Europe, with a reduction in fatalities in 2012 compared with the previous year. The information shows that there were 2,661 fewer road deaths in the EU during 2012 than in 2011. This shows countries are on track with the aim of lowering the fatality rate by half between 2010 and 2020. Over the first two years of the 2010-2020 target the EU nations reduced road deaths by 11%, 600 deaths short of the number that would have been needed to reach the EU ta