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

  • Consortium to build another Dunajec River crossing near Nowy Sacz
    June 14, 2019
    A Polish-Hungarian consortium has signed a €44 million contract to construct a bridge over the Dunajec River near the southern Polish town of Nowy Sacz. Przedsiebiorstwo Wielobranzowe Banimex, from Poland, and Hungarian contractor Hodmezovasarhelyi Utepito Korlatolt Felelossegu will build the bridge within 25 months, according to Polish media reports. Nowy Sącz is at the confluence of the Kamienica and Dunajec rivers , about 20km north of the border with Slovakia and in the Sądecka Valley.
    Read More
  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.
    Read More
  • Four consortia head to second round Czech D4 tender
    November 23, 2018
    Czech Transport Ministry has advanced four out of seven consortia for a €975 million D4 motorway contract between Příbram to Písek. When signed, the 32km 25-year design-build-finance-operate contract will be the first of what the Czech government hopes will be more public-private partnerships. A Vinci-led consortium is one of the chosen groups, consisting of Vinci Highways, Vinci Concessiones and Meridiam Investments of France. Another is a German-Austrian group of Strabag and Hochtief. The third i
    Read More
  • EU funds set for renovation of the Karawanks Tunnel
    July 18, 2017
    The European Commission will provide €25 million for renovation of the 7.8k-long Karawanks Tunnel, a motorway link between Austria and Slovenia. The Karawanks is a 120km-long mountain range between Slovenia to the south and Austria to the north. Around €6.5 million will go towards planning and €18 million will be set aside for reconstruction.
    Read More

Highlighted Content