Romanian roads under construction

Funding worth some €177.5 million from the European Commission (EC) will pay for a highway construction project in Romania. This non-refundable financing will pay for the construction of a 27.4km stretch of the Lugoj-Dumbrava highway. This section forms part of Lugoj-Deva highway that is itself a part of the Pan-European Corridor IV.
May 9, 2012
Funding worth some €177.5 million from the 2465 European Commission (EC) will pay for a highway construction project in Romania. This non-refundable financing will pay for the construction of a 27.4km stretch of the Lugoj-Dumbrava highway. This section forms part of Lugoj-Deva highway that is itself a part of the Pan-European Corridor IV. The highway section will be built by a consortium formed by the Italian companies Tirrena Scavi, Societa Italiana per 3481 Condotte d'Acqua and Cossi Construzioni. Meanwhile modernisation of the national road segments DN 12 Chichis-Toplita and DN 15 Reghin-Toplita, in Mures and Harghita counties respectively has been completed. The work on the two segments, which measure a total of just over 66km, was carried out by Spedition UMB/Tehnostrade consortium for nearly €46 million. The work carried out has a warranty period of two years. The projects were financed by the 1054 European Investment Bank (EIB) and the state budget for Romania’s National Highways and Roads Company.
For more information on companies in this article
catfish1