Skip to main content

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.

For more information on companies in this article

Related Content

  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
  • Ritchie Bros pick up IronPlanet for around US$758.5 million
    August 30, 2016
    Canada-based Ritchie Bros Auctioneers announced it will buy IronPlanet, a private company based in the United States but operating globally, for around US$758.5 million. IronPlanet was set up in 1999 and focuses on the needs of corporate accounts, equipment manufacturers, dealers and government entities in equipment disposition solutions. The company conducts its sales primarily through online-only platforms, with weekly online auctions and in other equipment marketplaces.
  • Romanian road revamp to commence
    March 5, 2012
    Austrian contractor STRABAG is to upgrade Romania's national roads DN14 and DN15A in deals worth a total of some €106 million.
  • Expanded and branded: RER Vélo bike project
    April 29, 2022
    Connected up cycling is becoming more important in France as the way to keep cyclists from giving up their COVID habit of pedalling to work and for pleasure. David Arminas reports.