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

  • U-turn on Slovakian motorway tender
    June 22, 2012
    The Italian-Slovak consortium of HANT BA DS and INC has been excluded by the Slovak national motorway company NDS from the tender for the construction of a 15.25km stretch of the Hubova-Ivachvova D1 motorway in Slovakia. Slovak company HANT BA DS has asked NDS to revaluate its decision as it claims that its offer fulfils all tender conditions. The consortium offered the lowest price of US$259.44mn (€207.50mn) excluding VAT. Italian partner INC claims that exclusion from the tender was unfounded and said it
  • Liebherr sees strong performance
    February 28, 2012
    Liebherr reports steady growth in 2010, with turnover increasing 9%, a growth in its workforce and company investments of €544.1 million.
  • Poland's infrastructure expenditure drops
    May 8, 2012
    Europe’s road building contractors are likely to see a drop in activity levels in Poland in coming years. This is likely to spark concern in the industry as Poland has been a major source of revenue in recent years due to the expansion of its road network. The country’s expenditure on road building may well shrink in the next EU budget. Poland’s Infrastructure Ministry GDDKiA has said that the pace of road building in the country will drop considerably after 2013. GDDKiA said that it had no information as y
  • RADOR highlights claimed shortfall in North West Russia road funds
    February 13, 2013
    The RADOR association, the leading organisation for advocating, planning, financing, building and maintaining roads in Russia’s regions, estimates the country’s North-Western Federal District needs US$5.367 billion (RUB 161.8bn) for road network repair and maintenance every year. RADOR says that around 19.7% of required funding was provided for regional road maintenance in 2012, along with 41.4% of funding for road repairs, and 6.3% of funding for road overhaul. The Leningrad region received 25% (RUB 5.1bn)