Vahostav-SK will carry out work on a 16km section of the D1 highway near Martin and Vrutky in neighbouring Slovakia in a deal worth €137 million.
March 1, 2012
Read time: 1 min
3482 Vahostav-SK will carry out work on a 16km section of the D1 highway near Martin and Vrutky in neighbouring Slovakia in a deal worth €137 million. The €115 million contract is for the Presov section linking Bratislava with Kosice.
Slovakia’s motorway company NDS and the Transport Ministry have agreed a subsidy of nearly €204 million for a D1 section.
The EU will cover 85% of the project cost, while the remaining 15% will be covered by the government for construction the 14.5km D1 motorway between Budimir and Bidovce, near the city of Kosice.
The section, being built by Skanska for almost €237 million, is on schedule for completion by the end of 2019. The stretch will be part of the eastern by-pass of Kosice and in Budimir it wi
The EC has given its approval for funding to construct the section of the D1 highway that will connect Hubova with Ivachnova. The EC will provide €169.2 million for the project. In all the 15.3km section of the highway will cost €227.26 million to construct, with the remainder being provided by the state budget. The construction is being carried out by a consortium combining Czech company OHL ZS and Slovak firm Vahostav SK. The work is now underway and the highway is expected to be open to traffic by June 2
