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

  • ANAS tenders €650 million bridge/tunnel work
    December 20, 2021
    The Italian road and motorway concessionaire has schedule major bridge and tunnel work.
  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond
  • Netherlands: BBV24 consortium to appeal Blankenburg Tunnel deal
    September 27, 2017
    In the Netherlands, the consortium of BBV24 is appealing the awarding of the Blankenburg Tunnel construction contract to another consortium, BAAK Blankenburg-Verbinding. BAAK Blankenburg-Verbinding – consisting of Dutch construction firm Ballast Nedam, Belgian dredging company Deme and Australian investment bank Macquarie – won the contract earlier this year.
  • Polish road in tender trouble
    December 17, 2012
    A new tender has been offered for the construction of the Debica-Tarnow section of the A4 motorway in southern Poland. The Polish General Directorate for National Roads and Motorways (GDDKiA) decided to call a new tender after deciding not to continue working with the consortium of Hydrobudowa, SIAC Construction, PBG, and Aprivia. GDDKiA is reported to have sought a fresh tender due to perceived delays in work on the Debica-Tarnow section. SIAC is said to be prepared to complete the investment, provided GDD