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

  • Interest is strong in a highway project in Bosnia
    May 4, 2012
    Interest is strong in a major road contract in the autonomous Republika Srpska region of Bosnia. So far three Croatian companies, Ingra Inzinjering, Viadukt and Konstruktor have submitted bids for construction of the new highway that is planned and which will be 37km long. The European Bank for Reconstruction and Development approved a finance package worth some €150 million to fund construction of the highway. Bosnian roads company Autoputevi Republike Srpske has said that out of 31 companies which purchas
    Read More
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
    Read More
  • Tanzania road deal for Australian consultant
    February 9, 2012
    Australian engineering consultant SMEC is handling key construction supervision contracts in Tanzania. The firm will supervise upgrading work on the Nzega-Tabora road, which is being rebuilt with an asphalt surface.
    Read More
  • Israeli firm wins Nigerian highway deal
    June 19, 2013
    Israeli firm Solel Boneh has won a major contract in Nigeria to rebuild and widen the highway connecting Lagos with Ibadan. The US$580 million deal was awarded by the Nigerian Government and the contract involves widening the road, rebuilding the Ibadan-Shagamu section of the highway, rebuilding and maintaining 14 overpasses and bridges as well as improving drainage. Lagos and Ibadan are amongst the largest cities in Africa and the highway carries a huge traffic volume, so the upgrade work is crucial. Contr
    Read More

Highlighted Content