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

  • Four consortia head to second round Czech D4 tender
    November 23, 2018
    Czech Transport Ministry has advanced four out of seven consortia for a €975 million D4 motorway contract between Příbram to Písek. When signed, the 32km 25-year design-build-finance-operate contract will be the first of what the Czech government hopes will be more public-private partnerships. A Vinci-led consortium is one of the chosen groups, consisting of Vinci Highways, Vinci Concessiones and Meridiam Investments of France. Another is a German-Austrian group of Strabag and Hochtief. The third i
    Read More
  • Malaysian contractor to carry out Indian highway project
    November 24, 2017
    A Malaysian contractor will carry out a highway project worth US$357.1 million in India. The project is for the construction of the new National Highway 52 and will be carried out by IJM Corp (IJM). The stretch will connect Solapur in Karnataka State with Bijapur in Maharashtra State. The work involves widening and improving the existing two lane route so that it will have two lanes in either direction.
    Read More
  • Serbian highway work underway
    April 1, 2022
    Serbian highway work is underway at present.
    Read More
  • Texas highway project tackles congestion
    April 10, 2012
    A new highway project in Texas will tackle peak congestion
    Read More

Highlighted Content