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

  • Japan’s roads need maintenance and repairs
    February 13, 2023
    Japan’s roads are in need of maintenance and repairs.
  • Hill & Smith reports strong financial performance
    November 18, 2016
    Hill & Smith Holdings reports a healthy performance for the period 1 July 2016 to 31 October 2016. The firm’s board says that trading has continued to be encouraging and that it expects Group trading performance for the current financial year to be at the top end of market expectations. The group’s results will also benefit from the positive translational impact on its overseas earnings from the recent weakness in Sterling.
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the
  • Concern over the state of US bridges
    April 1, 2019
    Bridge condition is a serious concern in the US, according to a new report from American Road & Transportation Builders Association (ARTBA).