Euroaszfalt and Duna Aszfalt in group to build 30km of stalled M4

A consortium that includes Hungarian firms Euroaszfalt and Duna Aszfalt has won the tender to construct a 30km section of the M4 motorway between Ullo and Albertirsa. Nearly €169 million will be invested in the project, according to Hungarian media. Other bidders were Kozgep of Hungary and Itinera of Italy. The M4 project is to link the Hungarian capital Budapest with Romania’s western border city of Oradea. The route will travel in Hungary through Cegléd – Szolnok – Karcag – Püspökladány – Berettyóúj
March 11, 2017 Read time: 1 min
A consortium that includes Hungarian firms Euroaszfalt and Duna Aszfalt has won the tender to construct a 30km section of the M4 motorway between Ullo and Albertirsa.

Nearly €169 million will be invested in the project, according to Hungarian media. Other bidders were 3454 Kozgep of Hungary and Itinera of Italy.

The M4 project is to link the Hungarian capital Budapest with Romania’s western border city of Oradea. The route will travel in Hungary through Cegléd – Szolnok – Karcag – Püspökladány – Berettyóújfalu – Nagykereki before reaching the Romanian border.

The M4 project had been stalled for the past two years after government pulled funding in April 2015 over suspected price fixing among contractors.
Finance & Funding

For more information on companies in this article

Related Content

  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More
  • Work starts on Komarno-Komarom Bridge between Slovakia and Hungary
    October 31, 2017
    Construction has started on the €117 million bridge over the Danube River between the Hungarian town of Komarom and the Slovak town of Komarno. Around 85% of the cost will be covered by European Union’s Connecting Europe Facility. Completion is planned for winter 2019. Last summer it was announced that the Hungarian companies Hidepito and Meszaros es Meszaros had won the tender for the 600m bridge but with a price tag of just over €91 million, according to Hungarian media. It was also reported at the time
    Read More
  • Romania eyes PPP for three projects, including the Rasnov-Ploiesti
    June 4, 2018
    The Government of Romania will build three motorway segments through a public-private partnership. The motorway segments in question are the 109km long Ungheni-Iasi-Targu Neamt segment, which will have a bridge built over the river Prut, the 100km long Rasnov-Brasov-Ploiesti motorway section, and the 550km long motorway segment between Alexandria and Lugoj.
    Read More
  • Bosnia gets EBRD loan for Corridor 5c work
    January 8, 2024
    The project will include the construction of an interchange and a 15 km dual-carriage motorway section, along the Mostar North-South section.
    Read More

Highlighted Content