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

  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More
  • Colombian project discord
    February 24, 2012
    Colombia's National Department of Planning (DNP) has rejected a series of road projects worth US$1.52 billion in 2009.
    Read More
  • Benin benefits from Chinese funding
    February 10, 2012
    The West African nation of Benin is seeing two road projects commence shortly. Funding for the work is being provided by China.
    Read More
  • A pothole damage breakthrough?
    April 11, 2013
    Academic research by two universities in the same UK city shows that patch repairs on potholes could be far more durable if a few simple techniques were consistently used. Guy Woodford reports. Repairing pothole damage to highways and vehicles across Europe costs responsible authorities and individual motorists hundreds of millions of euros each year. Yet it has cost just €20,204 to make the potentially crucial first step in identifying a method of keeping highways across the continent and beyond pothole fr
    Read More

Highlighted Content