Hungary: road renovations to reach nearly €323million next year

Nearly €323 million will be spent by Hungary on road renovation projects in 2017, according to the Ministry of National Development. Tenders will be called by the Hungarian national road management agency Magyar Kozut. In June, a Colas Hungaria-Colas Ut consortium started work on a new stretch of M35 motorway, a deal worth up to €55 million.
August 19, 2016 Read time: 1 min
Nearly €323 million will be spent by Hungary on road renovation projects in 2017, according to the Ministry of National Development.

Tenders will be called by the Hungarian national road management agency 7071 Magyar Kozut.

In June, a 184 Colas Hungaria-Colas Ut consortium started work on a new stretch of M35 motorway, a deal worth up to €55 million.
Finance & Funding

For more information on companies in this article

Related Content

  • Algeria’s near US$55 billion investment in road infrastructure
    February 20, 2014
    Algeria is to invest close to US$55 billion (DZD 4.3 trillion) on developing road and motorway infrastructure from 2015-19. Farouk Chiali, the Algerian public works minister, said that during the 2015-19 period, said the huge investment would include road bridges and other civil engineering structures. Among projects to be carried out during the period include starting work on building the $8.95 billion 1,000km Hauts-plateaux motorway. The contract for building the motorway will be awarded to Algerian comp
    Read More
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More
  • UK’s M6 tolled motorway for sale
    June 21, 2016
    For sale: one UK toll motorway along with operating business. Well maintained. Price negotiable. David Arminas looks at what is on offer As if right on cue, a French articulated truck starts to back up along the hard shoulder at an exit area of M6toll. The manoeuvring is watched from an office inside the nearby M6toll headquarters. Inside, Andy Pearson, chief executive of M6toll, glances over his shoulder and interrupts his presentation to World Highways. “He’s probably missed the dedicated wide-load
    Read More
  • Video: North Tyneside’s triple decker Silverlink on schedule
    August 29, 2018
    Highways England reports that the Silverlink triple-deck roundabout in North Tyneside is 80% complete and on schedule for opening in March next year. The €83 million project involves lowering the A19 highway underneath the Silverlink roundabout and A1058 Coast Road. The new road is expected to be used by 35,400 vehicles daily. “We are now entering the final stages,” said Steven Cox, Highways England assistant project manager. “Work to remove the 80,000m³ of soil has now been completed [and] we have six m
    Read More

Highlighted Content