Skip to main content

Slovakia’s D1 Budimir-Bidovce motorway stretch gets EU backing

Slovakia’s motorway company NDS and the Transport Ministry have agreed a subsidy of nearly €204 million for a D1 section. The EU will cover 85% of the project cost, while the remaining 15% will be covered by the government for construction the 14.5km D1 motorway between Budimir and Bidovce, near the city of Kosice. The section, being built by Skanska for almost €237 million, is on schedule for completion by the end of 2019. The stretch will be part of the eastern by-pass of Kosice and in Budimir it wi
November 2, 2018 Read time: 1 min

Slovakia’s motorway company 5891 NDS and the Transport Ministry have agreed a subsidy of nearly €204 million for a D1 section.

The EU will cover 85% of the project cost, while the remaining 15% will be covered by the government for construction the 14.5km D1 motorway between Budimir and Bidovce, near the city of Kosice.

The section, being built by 2296 Skanska for almost €237 million, is on schedule for completion by the end of 2019. The stretch will be part of the eastern by-pass of Kosice and in Budimir it will connect to D1 from Presov.

For more information on companies in this article

Related Content

  • Moldova gets EBRD loan for M1, M2 upgrades
    August 28, 2023
    The work will enhance transport connectivity by strengthening core transport links with a focus on the pan-European TEN-T network.
  • Atkins sells stake in London’s M25 ring road
    December 14, 2016
    Infrastructure engineering firm WS Atkins sold its stake in London’s M25 orbital road to a consortium of institutional investors for nearly €79 million (£66.3 million). Atkins, a publicly listed UK company, sold to Edge Orbital Holdings 2 Limited and the deal for its minority stake is expected to be complete by March 2017, the end of the financial year, according to a statement by Atkins. In October, the Edge Orbital consortium picked up Skanska’s 40% stake in Connect Plus, which manages the M25. Skanska so
  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De
  • EU funding boosts Slovakia’s transport links
    October 31, 2012
    Slovakia is benefiting from strong European investment in its transport infrastructure. For the 12 month period up until 30th September 2012, the country benefited from the use of EU funds worth €920.5 million. This amount was used for projects within the Operational Programme Transport (OPD) and came from the overall allocated sum of €3.12 billion. Co-financing from the state budget stood at €211.5 million and represented 33.75% of the overall sum of €626.6 million. The finances used from the EU Cohesion F