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

  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More
  • Moscow to invest $20 billion in massive road-building by 2015
    March 28, 2014
    A huge investment in road building will expand Moscow’s network – Eugene Gerden reports The government of Moscow plans to invest more than RUB 640 billion (US$20 billion) during the period of 2014-2015 .in a massive investment of road building in the city. This is expected to be part of Moscow city’s Master Plan, which is designed until 2025. Building of new roads is crucial for Moscow and should help the city to solve the problem of traffic jams. Despite all the efforts made by the city’s authorities in re
    Read More
  • Kosovo-Serbia connection to commence construction
    October 13, 2017
    Construction will commence on the new connection from Kosovo’s capital Pristina to Nis in Serbia. The first stretch of the highway to be built will be the 77km section from Nis to Merdare in Serbia. The project is expected to cost €212 million, with a portion of the funding at least being provided by the European Investment Bank (EIB). Plans have yet to be announced for the stretch running from Serbia’s border with Kosovo to Pristina. Once complete this route will provide new links from Serbia to Albania an
    Read More
  • Congestion and safety concerns over Serbia’s roads
    February 23, 2012
    With traffic flows on the increase, Serbia needs to improve its road network and safety record, reports Gordon Feller. Serbia's road network needs to upgrade its road system against the backdrop of increased traffic flows. Serbia is crossed by segments of the important Trans European network (TEN). Corridor X with its branches Xb (Belgrade-Budapest) Xc (Nis-Sofia), and Xd (Nis-Presevo), represent the most important transit routes in the Republic, connecting Austria/Hungary, Slovenia/Croatia, and Bulgaria/Ma
    Read More

Highlighted Content