New Estonian government to cut road build and repair funds

The Estonian government is said to have channelled only half of fuel excise revenues into highway construction and maintenance works – despite expectations that 75% of all such revenues would go to these key areas. Sven Pertens, CEO of Lemminkäinen Eesti, claims that if the 75% investment expectation is not achieved, road conditions nationally will deteriorate. Pertens says that motorways of national importance are currently in a satisfactory condition, whereas regional and local roads are in poor condit
March 24, 2014 Read time: 1 min
The 5265 Estonian Government is said to have channelled only half of fuel excise revenues into highway construction and maintenance works – despite expectations that 75% of all such revenues would go to these key areas.

Sven Pertens, CEO of 3064 Lemminkäinen Eesti, claims that if the 75% investment expectation is not achieved, road conditions nationally will deteriorate. Pertens says that motorways of national importance are currently in a satisfactory condition, whereas regional and local roads are in poor condition. He says it is short-sighted to spend funds for road infrastructure maintenance on current expenditures.
Road Structures

For more information on companies in this article

Related Content

  • Has the promised investment happened?
    July 10, 2012
    At the end of 2008 and the start of 2009, the world's banking system spiralled into crisis, triggered by a series of catastrophic blunders caused by bankers trying to create money from nothing. The result was to plunge the world's economy rapidly into recession. Having proved in effect that lead cannot be turned into gold, the bankers retired on fat pensions leaving governments to pledge huge sums to the banks and fill in the financial gaps.
    Read More
  • 9th EAPA Symposium - 2015 in Istanbul
    August 20, 2015
    European Asphalt Pavement Association (EAPA), whose aim is to be the trusted voice of the European asphalt paving industry, organised its ninth Symposium in Turkey – Istanbul on 4 June 2015 with more than 110 participants from all Europe - Gülay Malkoc writes.
    Read More
  • High marks for road marking solutions
    December 3, 2013
    A novel solution based on a leading road marking manufacturer’s proven marking technology is keeping elderly residents safe in a French residential development. Guy Woodford reports on this and other major road marking products and their applications By 2050, it is estimated that 45% of European Union citizens will be over 60. Many authorities have been working to develop and implement safety standards that will ensure enhanced mobility for their local elderly population. As part of their implementation,
    Read More
  • Volvo CE is looking to the future for construction machines
    September 12, 2018
    Volvo CE is taking bold steps in developing technologies for the future of construction machines – Mike Woof writes Volvo CE is making serious innovations in construction machine technology, developing equipment that is smarter, safer, cleaner and more fuel-efficient. This innovation comes from a position of strength and from a financial perspective, Volvo CE is performing well. CEO Melker Jernberg said, “When it comes to performance we need to be good economically. We saw growth for 2018 in all region
    Read More

Highlighted Content