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

  • Bitumen technology: crude moves and carbon savings for the industry
    July 11, 2022
    As bitumen suppliers look to replace Russian sources of crude oil, there’s a race to get biogenic asphalts to market – and bank those carbon-saving benefits - Kristina Smith writes
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • Two key Australian highway links underway
    May 28, 2012
    Two key highway upgrades will be carried out in Australia by Valemus, a subsidiary of German construction firm Bilfinger Berger. In total the work is worth some US$219.4 million. Valemus is building a section of the Pacific Highway in New South Wales. This 8.6km four-lane road forms a bypass around Bulahdelah and is the final link in the southern section of this highway.
    Read More
  • India plans upgrading roads to highways
    January 23, 2017
    India’s Madhya Pradesh State is developing plans to upgrade existing roads to highway status. The programme will see up to 2,000km of roads being widened with extra lanes being added as well as new safety measures being installed. The aim of this programme is to boost connectivity in the state, with the plans have been developed by the State Government and now being submitted to India’s Central Government for approval. Funding for the widening and upgrade programme has yet to be announced however. Two of th
    Read More

Highlighted Content