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

  • Germany’s crumbling roads costing billions
    April 21, 2025
    Germany’s crumbling roads are costing billions to repair.
    Read More
  • Key Cambodian construction contract for road repairs
    August 15, 2014
    The Cambodian Government is benefiting from several financial packages aimed at improving the country’s road network. The Asian Development Bank (ADB) is providing a financial support package worth a total of US$118 million that will be used for the Rural Roads Improvement Project II in the country. The package comprises funds from several sources, with a grant worth $5.4 million from the Nordic Development Fund (NDF) and another grant worth $6.67 million from the Australian Government of Australia. It incl
    Read More
  • Road repair boost for Russian Federation state
    May 16, 2012
    The authorities in the Republic of Tatarstan plan to boost road spending in capital Kazan. Tatarstan is a small state belonging to the Russian Federation but its capital is the eighth largest city in Russia and is of economic importance given it is the home of various key industries. The new road repair budget will see some US$263 million spent during 2012, a considerable increase over previous annual investments. For each of the five years prior to 2012, road repair spending has been around 75% of this yea
    Read More
  • Ukravtodor to invest €547.96mn in Ukrainian road building and repair
    February 26, 2014
    Ukravtodor state highway agency is to invest €547.96 million (UAH 6.7 billion) in road construction and repair in Ukraine in 2014. The agency secured the sum via bond placement in 2012-2013.
    Read More

Highlighted Content