Romanian road deal

In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million.
February 29, 2012 Read time: 1 min
In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth 91 million. The Portuguese contractor MonteAdriano wil construct the highway section, which will link Nadlac with Pecica. This deal is the latest in a series of contracts now starting in Romania. The country has pledged to improve and expand its highway network with the construction of new links. Much of the funding for Romania's highway plans has been provided by the 1166 European Bank for Reconstruction and Development and the 1054 European Investment Bank.

For more information on companies in this article

Related Content

  • Near US$200m loan for Balkan motorway
    April 27, 2012
    The European Bank for Reconstruction and Development (EBRD) has granted a US$198million (€150million) sovereign-guaranteed loan for the construction of part of the new Banja Luka-Doboj motorway in Bosnia and Herzegovina. The loan-targeted motorway section is the main east-west link in Republika Srpska, one of the country’s entities. The EBRD said it will also support the preparation of the first public-private partnership (PPP) project for the main north-south link in Bosnia and Herzegovina, Doboj to Vukosa
    Read More
  • Loans for Albanian roads
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania. This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the European Commission
    Read More
  • €652 million of Romanian highway deals
    March 28, 2024
    €652 million of Romanian highway deals are being awarded.
    Read More
  • Moldova’s transport infrastructure to receive external funding
    May 22, 2013
    Transport infrastructure in the Republic of Moldova will benefit from loans worth a total of €300 million. The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing the loans, which will be used to improve and upgrade existing road links and also to update Moldova’s national railway company, CFM. The road improvements will be targeted at 290km of roads in the north and central areas of Moldova.
    Read More

Highlighted Content