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

  • New study suggests Fehmarn Belt payback close to 50 years
    October 9, 2015
    A study by Danish consultant Hans Schjær-Jacobsen has shown that the payback period for the proposed Fehmarn Belt Fixed Link tunnel project between Denmark and Germany will be close to 50 years. This is a decade longer than estimated by the developers of the project which focusses on a 17km immersed tunnel, the study noted. The Fehmarn Belt Fixed Link will connect the German island of Fehmarn with the Danish island of Lolland. The 17km tunnel, including two railway tunnels, two motorway tunnels and an
    Read More
  • New M90 surfacing in the UK gain praise
    January 8, 2013
    Early evaluation of surfacing work on the M90 at Rosyth – the first major application of Scotland’s new TS2010 specification – has earned positive praise. Transport Scotland’s determination to obtain pavement that is durable, long lasting and safe (especially in early life) is clearly apparent on the M90 just north of the Forth Road Bridge. Here surfacing has been carried out this spring to TS2010, a tough new specification designed to ensure thin surfacing pavements that work. And the initial prognosis is
    Read More
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
    Read More
  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
    Read More

Highlighted Content