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

  • Road loan deal in Brazil
    March 21, 2012
    The Inter-American Development Bank (IADB) is providing loans worth US$175 million to Brazil’s Espirito Santo Statew. These loans will help finance the planned series of road improvements in the state.
    Read More
  • Out with Russian bureaucracy, in with foreign road investment
    September 27, 2013
    Transport journalist Eugene Gerden reports on why foreign companies are likely to become keener to invest in Russia’s huge array of major road construction projects The Russian government led by president Vladimir Putin is stepping-up its efforts to get greater foreign company investment in Russian road building by creating favourable trading conditions, including the elimination of bureaucratic and administrative barriers.
    Read More
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Moscow construction machine show in June 2018
    March 2, 2018
    The organisers of the bauma CTT RUSSIA 2018 report strong interest in demand for show space from exhibitors. This reflects a resurgence in the Russian construction market, with president Vladimir Putin having recently commented on the country’s planned programme for more road construction and upgrade projects over the next six years. The budget for road and highway upgrades is expected to double to US$195.3 billion for the coming six year period. According to Russia’s Federal Road Agency (Rosavtodor), some
    Read More

Highlighted Content