Hungarian highway dispute for STRABAG

Austrian contractor STRABAG is facing a major challenge with regard to a highway project in Hungary. The Hungarian Government has decided to halt construction work on the M4 highway. STRABAG was working on the €106 million project to build the new highway. In addition, the Hungarian Government has further complicated the challenges faced by STRABAG and sub-contractors working on the project by calling for any subsidies given out so far to be repaid.
April 14, 2015 Read time: 1 min
Austrian contractor 945 STRABAG is facing a major challenge with regard to a highway project in Hungary. The Hungarian Government has decided to halt construction work on the M4 highway. STRABAG was working on the €106 million project to build the new highway. In addition, the Hungarian Government has further complicated the challenges faced by STRABAG and sub-contractors working on the project by calling for any subsidies given out so far to be repaid.
Finance & Funding

For more information on companies in this article

Related Content

  • Nepal's highway plans
    March 22, 2012
    The Nepalese Government is working on plans to build a series of highways that will improve north-south connectivity for this mountainous country.
    Read More
  • Polish expressway project for STRABAG
    October 20, 2021
    STRABAG is working on a new Polish expressway project.
    Read More
  • STRABAG wins Norway road and tunnel contract
    May 12, 2016
    STRABAG will build a section of the European Route E16 in Norway. This route connects capital Oslo with the Norway’s second largest city, Bergen and will be the first construction project being carried out in the country with STRABAG as sole contractor. The Øye–Eidsbru section is located about midway between Oslo and Bergen. The work comprises the new construction of 4.5km of main road and 2.1km of side roads. It includes a 1.97km long tunnel that will be built using conventional drilling and blasting me
    Read More
  • Hungary highway being built
    January 19, 2017
    Hungary’s M44 dual carriageway project looks set to be further extended by around 61.4km. Plans are being set for the construction of an additional three sections of the route, with the work looking to cost in excess of €471 million. The three sections will be constructed between the towns of Tiszakurt and Kondoros and as the latter lies close the border with Romania, this work will improve Hungary’s road links to its neighbour. The Hungarian contractors Duna Aszfalt and Hodut will build two stretches of th
    Read More

Highlighted Content