Austrian contractor STRABAG will build a 24km stretch of highway in Romania in a deal worth €166 million.
Austrian contractor 945 Strabag will build a 24km stretch of highway in Romania in a deal worth €166 million. The highway will feature two lanes of traffic in either direction as well as hard shoulders and will take 22 months to complete.
The deal is the follow-up lot to the highway section STRABAG is building between Deva and Orãºtie. This earlier package was awarded in November 2010. The highway running from Orãºtie and Sibiu forms part of the Pan-European Corridor 4 from the Romanian-Hungarian border at Nãdlac and running through capital Bucharest to Constanta on the Black Sea.
The order is being financed 85 % by European funds (European Funds POS-T) and by funds from the Romanian national budget. The client for the work is the Compania Nationala de Autostrazi si Drumuri Nationale din Romania. The deal is the latest in a series of orders STRABAG has won in Romania. The company generated over 60 % of its output volume in transportation infrastructures in Romania during 2010. Besides the A1, the firm is also working on national roads DN 14 and 15a, DN 19 and DN 67B with an order value of some €450 million.
The deal is the follow-up lot to the highway section STRABAG is building between Deva and Orãºtie. This earlier package was awarded in November 2010. The highway running from Orãºtie and Sibiu forms part of the Pan-European Corridor 4 from the Romanian-Hungarian border at Nãdlac and running through capital Bucharest to Constanta on the Black Sea.
The order is being financed 85 % by European funds (European Funds POS-T) and by funds from the Romanian national budget. The client for the work is the Compania Nationala de Autostrazi si Drumuri Nationale din Romania. The deal is the latest in a series of orders STRABAG has won in Romania. The company generated over 60 % of its output volume in transportation infrastructures in Romania during 2010. Besides the A1, the firm is also working on national roads DN 14 and 15a, DN 19 and DN 67B with an order value of some €450 million.
