Skip to main content

Hungarian state to spend €250.81 million on road renovations in 2013-2014

The Hungarian state will spend €250.81 million on road renovation works in 2013 and 2014, according to national media reports. Seven agreements have been signed by local contrcution firms, including Strabag, Swietelsky, Kozgep, Duna Aszfalt, EuroAszfalt, He-Do and Colas Ut. Some of the costs will be covered from EU provided funds.
August 9, 2013 Read time: 1 min
The Hungarian state will spend €250.81 million on road renovation works in 2013 and 2014, according to national media reports. Seven agreements have been signed by local contrcution firms, including 945 Strabag, 7019 Swietelsky, 3454 Kozgep, Duna Aszfalt, EuroAszfalt, He-Do and 184 Colas Ut. Some of the costs will be covered from 3287 EU provided funds.

For more information on companies in this article

Related Content

  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
  • Solar roads such as Colas’s Wattway could be the right way
    May 10, 2016
    Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads. Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
  • Motorway expansion plan for Slovakia
    August 27, 2014
    A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The Slovakian National Motorway Company is using a combination of both EU and state funds to invest in motorway construction during 2015. Some €518.5 million will be invested, although this is around 16% lower than the budget agreed for 2014. The EU Operational Programme Integrated Infrastructure (OPII) source will provide €80.6 million, while €14.22 million will come from the state budget. T
  • Motorway expansion plan for Slovakia
    August 27, 2014
    A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The Slovakian National Motorway Company is using a combination of both EU and state funds to invest in motorway construction during 2015. Some €518.5 million will be invested, although this is around 16% lower than the budget agreed for 2014. The EU Operational Programme Integrated Infrastructure (OPII) source will provide €80.6 million, while €14.22 million will come from the state budget. T