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

  • A new highway is planned connecting Turkey with Romania through Bulgaria
    May 24, 2012
    Discussions are now underway on a new highway to connect Turkey with Romania. A major stretch of this new highway will run through Bulgaria, which will provide a much-needed link in the country as it has insufficient express road infrastructure at present. The Bulgarian section of the highway would run from Ruse to Svilengrad. The political leaders of Bulgaria and Turkey, as well as Qatar, have been in discussions over the proposed project
    Read More
  • Kazakhstan needs road repairs
    November 22, 2021
    Kazakhstan’s road network needs extensive repairs.
    Read More
  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
    Read More
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
    Read More

Highlighted Content