Skip to main content

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 funds for Greek highway construction
    November 15, 2013
    The European Investment Bank (EIB) is throwing Greece a much-needed economic lifeline in the shape of a €550 million loan. The funding will be used to build new roads and repair existing links, as well as to invest in business. Some €350 million will be used for the construction of 239km of new highways, as well as upgrades to 434km worth of existing roads. The work is expected to help lift Greece’s struggling economy by providing new jobs, as well as encouraging business growth. The funding will help to re
  • Singapore highway deals signed
    January 9, 2020
    A series of highway deals have been signed in Singapore that will help boost transport in the island state.
  • Bosnia gets EBRD loan for Corridor 5c work
    January 8, 2024
    The project will include the construction of an interchange and a 15 km dual-carriage motorway section, along the Mostar North-South section.
  • Angola road and bridge contracts
    April 11, 2017
    Three contracts in Angola are now commencing, which will improve road and bridge links in the country. The three projects will be carried out by two Portuguese contractors, which agreed the deals with the Angolan Government. Conduril will build a bridge in a deal worth US$110 million in the northern Zaire Province. Meanwhile Talhabel has a contract worth $28.73 million to upgrade the road 230 in the stretch between Muriege and Chiluage, which is close to the border with the Democratic Republic of the Congo.