Bidding strong for Slovenia tunnel project

Bidding is strong for a project to build the new Karavanke tunnel in Slovenia, with the award due soon and construction expected to commence in 2018. So far nine bids have been received for the link, which lies close to Slovenia’s border with Austria. A bid of €89.3 million has been made by the Turkish contractor Cengiz Insaat, while at the other end of the scale a bid of €140 million has come from a partnership of Slovenian firm Pomgrad and Swiss company Marti. A partnership comprising Implenia Österreich
March 26, 2018 Read time: 2 mins

Bidding is strong for a project to build the new Karavanke tunnel in Slovenia, with the award due soon and construction expected to commence in 2018. So far nine bids have been received for the link, which lies close to Slovenia’s border with Austria. A bid of €89.3 million has been made by the Turkish contractor Cengiz Insaat, while at the other end of the scale a bid of €140 million has come from a partnership of Slovenian firm Pomgrad and Swiss company Marti. A partnership comprising Implenia Österreich, Implenia Switzerland and Slovenian firm CGP Novo Mesto has bid of €114.8 million, while a partnership between Slovenian company Gorenjska Gradbena Družba and Czech contractor Metrostav bid of €104.4 million. The Slovenian firm GH Holding has partnered with Hochtief to bid €118.6 million, meanwhile Slovenian contractor Kolektor CGP is partnering with Riko and the Turkish contractor Yapi Merkezijem with a bid of €109.4 million. The Bosnian firm Euroasfalt and the Slovenian company Cestno Podjetje Ptuj have bid €106.3 million, meanwhile the Greek contractor J&P Avax has offered a bid of €115 million. The Italian contractor Astaldi has a partnership with the Slovenian companies Cipa and GIC Gradnje and jointly made a bid of €117.5 million.

Road Structures

Related Content

  • New Macedonia highway section opening
    April 30, 2018
    A new highway stretch measuring 28km long is opening in Macedonia. The work has been carried out by the Greek contractor Aktor. The project has cost €227 million. The new highway section runs from Demir Kapija to Smokvica. Financing has been provided jointly by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), a number of funds and also by Macedonia’s own budget. The completion of this section of highway now completes the route connecting the north and south of
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More
  • Czech tenders for D6 section near Karlovy Vary
    June 7, 2023
    The Petrohrad-Lubenec section includes several bridges with work starting by the end of the year for completion in 2026.
    Read More
  • Strong performance sees Wirtgen Group bullish
    September 30, 2014
    The Wirtgen Group reports that strong financial performance is expected for 2014. Full results are not yet available for 2014 but the privately held, family owned firm is confident for good results. Joint president Jürgen Wirtgen said, “Sales for 2014 will reach €1.95 billion.” He explained that for the first half of 2013, turnover reached €285 million, whereas for the first six months of 2014, turnover reached €329 million, a jump of 15%. The second half of the year is also looking healthy with the firm on
    Read More

Highlighted Content