Romania plans up to 90km of highway construction this year

Between 80-90km of highway will be constructed in 2015 to add to Romania’s national network of around 700km. Narcis Neaga, general manager of the Romanian National Company for Highways (CNADNR), made the announcement. He also said that only 50km were built last year, which was less than half that constructed in 2013. It was also announced that a Romanian consortium comprising Lemacons, Vega 93 and Arcada had signed a contract with CNADNR this month, worth nearly US$43 million. The consortium will build a mo
March 18, 2015 Read time: 1 min
Between 80-90km of highway will be constructed in 2015 to add to Romania’s national network of around 700km.

Narcis Neaga, general manager of the Romanian National Company for Highways (2870 CNADNR), made the announcement. He also said that only 50km were built last year, which was less than half that constructed in 2013.

It was also announced that a Romanian consortium comprising Lemacons, Vega 93 and Arcada had signed a contract with CNADNR this month, worth nearly US$43 million. The consortium will build a motorway in the county of Mures linking Targu Mures with Ungheni. The 60-month contract with 12 months of construction and 48 months of a guarantee period, will be 85% financed through EU cohesion funds.

Ioan Rus, Romania’s transport minister, announced in January that the country plans to complete 250km of freeways between 2015-2016.
Finance & Funding

For more information on companies in this article

Related Content

  • Slovakia’s D4/R7 zero bypass of Bratislava picks up award
    February 10, 2017
    Slovakia’s D4/R7 zero bypass of Bratislava has picked up the Best Transaction in Europe award given by the UK magazine Project Finance International. The Ministry of Transport and Construction received the award in London in early February. The ministry said that the contract is notable for being the first whereby a project had combined funding from European Union investment and structural funds and the EU fund for strategic investment. World Highways reported in January that construction will start early
    Read More
  • Highway 407 Revisited – smart tollroad extension
    June 7, 2016
    In the late 1990s, World Highways published a supplement on construction of Canada’s Highway 407, the world’s first all-electronic toll road. But how successful has it been? David Arminas reports from Toronto The head office for 407 ETR Concession Company is a low-rise building next to exit 59, just north of Toronto, Canada’s economic powerhouse. The building may be non-descript but inside is the advanced technical heart of Highway 407 ETR – Express Toll Route. It houses the latest toll monitoring techno
    Read More
  • Delayed ring road due for completion
    May 15, 2012
    In Romania, modernisation of capital Bucharest’s ring road is now due for completion in 2012. The delay has been caused by a lack of funds. Upgrading of the sections between DN7 and DN1A and DN1A (Mogosoaia)and DN1 (Otopeni) started in 2007 and some 51km have been improved so far. The total length of the ring road will be 71km when it is complete. Tenders still have to be launched for two more sections of the ring road, the 11km DN2/A2 stretch and the 8.6km A1/DN7 section. Financing for these last section
    Read More
  • Massive highway project for Romania
    August 9, 2012
    The Romanian Transport Ministry has completed its plans for the Targu-Mures-Lasi highway, with final approval pending from the Romanian Government. The highway measures 289km long and is expected to take four years to construct and will cost some €8.71 billion in all.
    Read More

Highlighted Content