Skip to main content

Romanian road project

Romania's new Basarab-Constanta highway stretch and the Constanta ring road will be partially open for traffic in July 2011.
February 29, 2012 Read time: 1 min
Romania's new Basarab-Constanta highway stretch and the Constanta ring road will be partially open for traffic in July 2011. One lane of the highway stretch will be opened and this forms part of the Medgidia-Constanta link. The highway project is being carried out by 1324 Astaldi and Max Boegl and is expected to cost €211 million. Funding is being provided by the 1054 European Investment Bank (EIB) and Romania's state budget.

For more information on companies in this article

Related Content

  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
  • 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
  • Romania's new tunnel deal
    February 24, 2012
    A consortium will build a new tunnel in Romania as part of the Orastie-Sibiu highway project.
  • Romanian road projects to be delayed?
    December 22, 2021
    Funding issues could result in Romanian road projects being delayed.