Euroaszfalt and Duna Aszfalt in group to build 30km of stalled M4

A consortium that includes Hungarian firms Euroaszfalt and Duna Aszfalt has won the tender to construct a 30km section of the M4 motorway between Ullo and Albertirsa. Nearly €169 million will be invested in the project, according to Hungarian media. Other bidders were Kozgep of Hungary and Itinera of Italy. The M4 project is to link the Hungarian capital Budapest with Romania’s western border city of Oradea. The route will travel in Hungary through Cegléd – Szolnok – Karcag – Püspökladány – Berettyóúj
Finance & Funding / March 11, 2017
A consortium that includes Hungarian firms Euroaszfalt and Duna Aszfalt has won the tender to construct a 30km section of the M4 motorway between Ullo and Albertirsa.

Nearly €169 million will be invested in the project, according to Hungarian media. Other bidders were 3454 Kozgep of Hungary and Itinera of Italy.

The M4 project is to link the Hungarian capital Budapest with Romania’s western border city of Oradea. The route will travel in Hungary through Cegléd – Szolnok – Karcag – Püspökladány – Berettyóújfalu – Nagykereki before reaching the Romanian border.

The M4 project had been stalled for the past two years after government pulled funding in April 2015 over suspected price fixing among contractors.
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