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

  • Funding problems for major Polish highway project
    May 9, 2012
    The long tale of woe concerning Poland’s troubled A2 highway project looks set to continue with the latest developments in the case. The Chinese contractor China Overseas Engineering Group Co (Covec) is appealing against a decision made by the Polish national road authority GDDKiA. The Polish authorities cancelled the contract that COVEC had previously been awarded to build a section of the A2 highway between Warsaw and Lodz.
    Read More
  • Romania set to start Sebes-Turda motorwa construction
    November 7, 2014
    Construction of the proposed Sebes-Turda motorway will start by the end of November, according to Eugen Cecan, director of Romania’s Regional Administration for Roads and Bridges. Cecan made the announcement in Cluj, the second most populous city in Romania after the capital Bucharest and considered the unofficial capital to the historic province of Transylvania. Cost of the 70km project is around US$500.34 million (€400 million), with 85% coming from the European Union as grants and the central gover
    Read More
  • Romania: more A1 Sibiu-Pitesti work starts
    June 30, 2021
    The 30km Pitesti-Curtea de Arges stretch of the A1 motorway is part of Pan-European Corridor 4.
    Read More
  • Romania speeds up motorway work, including A1 TENT route
    August 2, 2018
    Romania’s transport ministry has cut red tape to speed up 13 road projects this year. Work was stepped up on around 169km of motorway, including contracts on several projects to complete the A1 motorway. The section between Lugoj and Deva is set for the end of the year. The A1 motorway when finished, will be around 580km and connect the capital Bucharest with the Banat and Crișana regions in the western part of the country. Cities along the route include Pitești, Sibiu, Deva, Timișoara and Arad before
    Read More

Highlighted Content