Ukraine's roads benefit from Russian loan

Ukraine's state road company Ukravtodor will boost road repairs and upgrades with a loan from the Russian Sberbank.
February 28, 2012 Read time: 1 min
Ukraine's state road company 2780 UkrAvTodor will boost road repairs and upgrades with a loan from the Russian 3280 Sberbank. Worth US$376 million (?261.82 million) the loan will be used to improve key links in the country. High on the priority list of repairs and upgrades will be roads required for the Euro-2012 football event. The Ukrainian Government is the guarantor for the loan although the financial terms have not been released.
Asphalt milling, paving & compaction Concrete milling, paving & compaction

For more information on companies in this article

Related Content

  • Loan to help fund Tanzania road
    December 9, 2021
    A new loan will help fund a Tanzanian road project.
    Read More
  • New Russian road works being planned
    November 1, 2021
    New Russian road works are being planned in Crimea and St Petersburg.
    Read More
  • Excavator remains the key earthmoving tool
    February 17, 2012
    The excavator remains the key earthmoving tool, Mike Woof reports. The versatile hydraulic excavator has been at the heart of most earthmoving projects around the world for many years, a dominance that looks set to remain. Because of the importance to the construction sector of the excavator, manufacturers are keen to upgrade and improve their competing machines on an almost continuous basis. New technology proliferates in hydraulic excavators while firms are also focussing on increasing the range of tasks
    Read More
  • Thousands of potholes to be fixed in Staffordshire, UK spring blitz
    March 27, 2014
    Around 7,000 extra potholes are to be repaired across Staffordshire as part of a €2.5 million (£2.1 million) package of investment in the English county’s roads. Staffordshire County Council is also drafting in two extra pothole-blitzing machines – in addition to the two already out tackling potholes and improving road surfaces in the county. The two extra machines use high velocity patching and can tackle stretches of defects and are particularly effective on more rural, less constructed roads.
    Read More

Highlighted Content