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

  • Strabag makes key acquisitions
    March 2, 2012
    Strabag is boosting its operations with the planned acquisition of Swiss firms Brunner Erben Holding and Astrada.
    Read More
  • Polish road tender underway
    February 3, 2015
    Plans are underway for the Warsaw Ring Road project in Poland. Italian contractor Astaldi made the lowest offer for the project at €289.95 million. The work calls for a 4.6km section of the route to be constructed, including what will be Poland’s longest road tunnel once complete. There have been 10 bidders for the tender, being handled by the Polish road authority GDDKiA. Other bidders included the Porr Polska consortium and a construction consortium comprising contractors Budimex and Strabag.
    Read More
  • Algerian highway project behind schedule
    September 19, 2014
    The Algerian Ministry for Public Works is calling for work on the 100km Bejaia to El Adjiba highway to be speeded up. Works on various bridges and junctions along the route are said to behind schedule. CRCC Sapta is constructing 17 of the bridges and junctions and other structures and ministry has said that the firm’s contract may be revised unless Minister the work is speeded up. The contractor has faced a series of technical issues that have caused delays to its work on the route. The quality of the work
    Read More
  • Hungary-Slovakia border connections expanding
    May 13, 2025
    Hungary-Slovakia border connections are being revamped and expanded.
    Read More

Highlighted Content