Astaldi won four contracts in partnership with other companies, so that its share upon completion thereof should be about EUR272 million, according to ZF’s calculations based on Astaldi’s participation in each project.
Astaldi collected more than EUR269 million from the national company in charge of Romania’s national roads and highways (CNADNR) for various highway and national road projects it is working on either alone or together with other companies, according to the information provided by the institution subordinated to the Transport Ministry. About EUR95 million of this amount was collected by Astaldi directly, while the remaining EUR174 million was collected by the Italian company along with partners for highway projects, such as the Spanish-held FCC Construccion or Germany’s Max Boegl.
Italian companies are among the main builders on the local market, gaining some of the most important infrastructure works every year. The first signal of a good working relationship with the Italian companies, and especially Astaldi, came from President Traian Basescu, who was Bucharest’s mayor ten years ago.
Astaldi and FCC Construccion built the Basarab Overpass, one of the most important urban infrastructure projects of the last few years, which cost about EUR240 million.
Astaldi also worked with Max Boegl on the National Arena Stadium in Bucharest, which cost some EUR200 million. The two projects were inaugurated last year.
In 2011, Astaldi decided to take on more types of infrastructure projects, besides roads. The company won a railway contract for the first time, and will work on rehabilitating the 41 kilometer long Curtici- Arad Border section in western Romania. The contract was won together with Alston Transport (France), Switelsky (Austria), Euro Construct Trading 98 (Dan Besciu and Sorin Vulpescu) and Dafora (Gheorghe Calbureanu) The contract is worth EUR254 million, of which Astaldi should collect some EUR48 million.
Astaldi also won the contract to build the Bucharest subway line five worth EUR215 million, where it works together with FCC Construccion (Spain), Delta ACM (controlled by Florea Diaconu) and AB Construct (Georgeta Blaj).
The projects won last year also include the Cernavoda-Medgidia (southern Romania) highway construction contract together with Germany’s Max Boegl, which it got last fall, after the Transport Ministry had terminated the contract with French-held Colas for the same highway.
(English version by Loredana Fratila-Cristescu)