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

  • EIB lends €900mn for Poland’s S7 and S8 dual carriageways
    December 14, 2012
    Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the European Investment Bank (EIB). The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.
    Read More
  • Serbian roads to get Chinese funding
    November 28, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in €400-€450 million of Chinese funding for Serbian highway projects. The Danube coast and the Corridor 11 projects are among those earmarked for a potential cash boost. Serbia’s Ministry for Transport (MOT) is also in talks with Chinese partners about other highway builds including100km of the Belgrade-Cacak, Belgrade-Obrenovac, Preljina-Ljig and Lajkovac-Ljig routes, as well as the 100km Pojate-Preljina project. China Road
    Read More
  • Texas route benefits from loan
    March 1, 2012
    Drivers in Texas using the SH161 route are set to benefit from a US$418 million loan being provided by the US Department of Transportation to complete work on the link.
    Read More
  • Upgrading Poland's roads for UEFA 2012
    May 2, 2012
    Championships in 2012. With plans in place to cohost the UEFA 2012 football championships with the Ukraine, Poland's road infrastructure is undergoing major developments to bring it up to date with the rest of the European Union. And to ensure the completed roads and pavements meet the required quality standards, Cooper Technology of Derby, UK, was awarded a contract to provide asphalt testing equipment to
    Read More

Highlighted Content