Skip to main content

Key contractors win Russian highway rebuild

In Russia the construction firms Hanty-Mansiyskdorstroy and Volgomost are working on contracts to rebuild the important M5 highway. This route lies motorway in the Republic of Bashkortostan (Volga) and is managed by Samara-Ufa-Chelyabinsk. Hanty-Mansiyskdorstroy’s contract is to rebuild a 15km stretch of the highway and is worth US$128.16 million, with the work due for completion by October 2016. Volgomost is work on a contract worth $189.16 million to rebuild a 14km section of the M5 highway, with its work
December 13, 2013 Read time: 1 min
In Russia the construction firms Hanty-Mansiyskdorstroy and Volgomost are working on contracts to rebuild the important M5 highway. This route lies motorway in the Republic of Bashkortostan (Volga) and is managed by Samara-Ufa-Chelyabinsk. Hanty-Mansiyskdorstroy’s contract is to rebuild a 15km stretch of the highway and is worth US$128.16 million, with the work due for completion by October 2016. Volgomost is work on a contract worth $189.16 million to rebuild a 14km section of the M5 highway, with its work due for completion by late October 2015.

Related Content

  • New Moscow highway project planned
    September 10, 2019
    A new highway project is being planned to improve transport links to and from Russia’s capital, Moscow. The 16km route will connect Vinogradovo, Boltino and Tarasovka featuring two lanes in either direction. The link will feature six bridges and overpasses and is expected to carry from 24,600-33,800 vehicles/day. The route will be managed by the Fourth Concession Company following an agreement with the Gazprom Bank. Construction should be complete by 2022, with the project worth over US$375 million and the
  • Key Colombian highway under construction
    June 23, 2021
    A key Colombian highway project is now under construction.
  • STRABAG sees profits grow
    April 29, 2016
    Construction company STRABAG has seen its financial performance improve during the 2015 financial year. The firm’s earnings before interest and taxes (EBIT) reached €341.04 million, an increase of 21% over the previous year. Double-digit growth was also achieved in net income (after minorities), with a gain of 22% to €156.29 million, while earnings/share grew from €1.25 to €1.52. These developments have compelled the management board to propose to the AGM planned for June 2016 a dividend of €0.65, which wil
  • New highway for Russia’s north west
    December 16, 2014
    In the north west of Russia, plans are in hand for a new highway project. The 80km highway is expected to cost US$172 million. The tender process is now underway and 40km of the highway is to be offered under a concession package. This section of the Syktyvkar - Naryan-Mar (the Nenets Autonomous Area, North-West) highway will be built in the Komi Republic. Construction of the highway is planned to commence in 2015, with completion expected in 2018.