Skip to main content

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.

For more information on companies in this article

Related Content

  • Metso looks to develop its international profile following its recent demerger
    March 12, 2014
    Metso CEO and president Matti Kähkönen explained how the company is evolving - Mike Woof reports Finnish crushing and screening specialist Metso is looking to expand its worldwide operations following the recent demerger of the group. CEO and president Matti Kähkönen said that Metso has been a multi-industry business for the last 14 years. The firm’s biggest divisions have been the joint construction and mining division and the pulp and paper business, with its automation sector being the smallest of the
  • CNH to build India and Brazil production sites
    January 6, 2017
    CNH is aiming to build new production facilities in India and Brazil for its New Holland Construction and Case Construction Equipment brands. Mario Gasparri, head of the CNH Construction Equipment business for Europe, Africa and the Middle East, said the ambitious moves were based on how CNH sees the evolution of the construction equipment market.
  • CNH to build India and Brazil production sites
    April 17, 2013
    CNH is aiming to build new production facilities in India and Brazil for its New Holland Construction and Case Construction Equipment brands. Mario Gasparri, head of the CNH Construction Equipment business for Europe, Africa and the Middle East, said the ambitious moves were based on how CNH sees the evolution of the construction equipment market.
  • Develop the Silk Roads, boost economic growth
    February 28, 2012
    Tony Pearce, honorary life member and former director-general of IRF Geneva, recalls the history of the Silk Roads, highlights their continued economic relevance and introduces IRF's active long-term commitment to their rehabilitation. The Silk Roads had their origins in a Chinese military mission in 138BC to purchase horses in Central Asia's Fergana Valley that were reputed to run so fast that they sweated blood. When General Chang Ch'ien reached Fergana, now in Uzbekistan, he found that the fabled horses