Skip to main content

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.

For more information on companies in this article

Related Content

  • Cengiz wins Corridor VC contract in Bosnia
    March 21, 2023
    Cengiz submitted the lowest bid in the tender which attracted three offers in the deal said to be worth around €361.8 million, according to Bosnia’s state highways agency Autoceste.
  • Financial close reached for A9 Gaasperdammerweg motorway work
    November 25, 2014
    Financial close has been reached for expansion of the A9 motorway near Amsterdam in the Netherlands. BNG Bank, DZ BANK, ING, KBC, SMBC and Société Général have made available a short-term debt of US$174 million (€140 million) and half of the long-term debt of nearly $509 million (€410 million). The European Investment Bank will provide the other half of the long-term debt. Mott MacDonald is the lenders’ technical advisor to the consortium IXAS Zuid-Oost, which has the public-private contract to expand
  • Bosnia cancels a tender for Corridor 5C, part of European route E73
    March 13, 2017
    Bosnia is cancelling a tender for part of its Corridor 5C project, an integral part of the class-A north-south central European route E73. Route E73 runs around 700km from Hungary south through eastern Croatia to Bosnia and Herzegovina and the Adriatic Sea in the area of Ploče port. The longest part of this corridor goes through Bosnia and Herzegovina – nearly 340km. Director of the Bosnian motorways company Autoput FBiH, Adnan Terzic, confirmed the cancelled tender to the Bosnian daily newspaper Dnev
  • Bidding for highway in Tunisia
    June 28, 2012
    Bidding is opening on a major new highway project in Tunisia. The country’s works ministry is launching an international call to tender for construction of the 180km highway linking Gabès, Médenine and Ras Jedir. Work is expected to last three years and will create 2,000 jobs. The project, which will be completed at the beginning of 2017, is expected to cost over US$631 million in total. The Gabès-Médenine stretch is expected to cost $ 347 million and will be financed by the Tunisian State and the Japanese