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

  • Important road works for Slovakia
    July 6, 2023
    Important road connection works are underway for Slovakia.
    Read More
  • Underground routes for highways
    July 20, 2012
    Increasingly, and where possible, roads are being built in tunnels often for environmental reasons, writes Patrick Smith As part of the new M7 motorway development in the southwest of Ireland, the four-lane route crosses the River Shannon near Limerick, before it flows into the Atlantic. Centrepiece of the 10km long Limerick Southern Ring Road is the required tunnelling (675m long), which including the north and south entrance and exit ramps, means it will be 915m long. Completion of the work is planned for
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More
  • Tunnel construction benefits from improved visibility
    November 14, 2012
    Major new tunnel construction projects will, on completion, help secure more reliable journey times for hundreds of thousands of people across the world. Meanwhile, as Guy Woodford reports, leading ITS solution companies have been providing vital equipment for major road tunnels The Martina Tunnel Boring Machine (TBM), a 4,500tonne Herrenknecht Earth Pressure Balance Shield said to have a world record diameter of 15.55m, has required just under a year to build the first of two tunnel tubes for the 2.5km lon
    Read More

Highlighted Content