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

  • Serbia inks two road deals with China at 16plus1 summit
    April 23, 2019
    Serbia said it signed two road construction agreements with China during the 16plus1 Summit in Dubrovnik, Croatia earlier this month. The two deals are for construction of the Pozega-Boljare and Novi Beograd-Surcin road routes. The Pozega-Boljare project alone is worth €2 billion and will be financed from the existing loan from the Exim Bank, according to media reports. China’s east-west Belt and Road Initiative was the focus of the annual 16plus1 Summit that brought together leaders from Beijing plus
    Read More
  • Strabag in Hungary M6 deal
    November 10, 2020
    The southernmost Bóly-Ivándárda section is the last M6 section to be built.
    Read More
  • First part of Hradec-Smirice D11 gets planning permission
    June 12, 2017
    The Czech Transport Ministry has issued a planning permission for the first part of the planned D11 motorway construction for the 15.5km long section Hradec Kralove-Smirice which is expected to cost nearly €247 million.
    Read More
  • Bavarian Autobahn bridge repairs
    March 11, 2019
    Austrian contractor STRABAG is heading a consortium that will carry out bridge upgrades on the busy A9 Autobahn connecting Nuremburg with Munich in Bavaria, southern Germany. The eight bridges between the Nuremburg/Feucht interchange and the Hipoltstein junction will be demolished and replaced with new structures. The deal is worth € 38 million and will be handled by the consortium comprising STRABAG, subdivision Bavaria North, and Ed Züblin, Subdivision Bridge Construction. The client for the project is Au
    Read More

Highlighted Content