Romanian road deals

A road project in Romania will benefit from funding supplied by the European Commission.
March 2, 2012 Read time: 1 min
A road project in Romania will benefit from funding supplied by the 2465 European Commission. The finance package is worth €127.5 million and is being supplied through the European Fund for Regional Development for an infrastructure project in Romania. The funds will support the rehabilitation of the national road DN6 between Alexandria and Craiova cities. Meanwhile French firm 184 Colas has permits to build 6km of the Cernavoda-Medgidia highway segment. Colas is still waiting for a decision on the remaining 14km of the highway segment. Romania's National Highways and Roads Company (2870 CNADNR) has earlier said it could to cancel the contract with Colas if the company fails to solve any problems by 15 April 2011.

For more information on companies in this article

Related Content

  • Romanian road deals
    August 2, 2022
    Important Romanian road deals are planned.
    Read More
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More
  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More

Highlighted Content