Works on the 10.45-kilometer beltway should be completed in two years and are guaranteed for two years, CNADNR said in a press release Monday.
The project is financed with funds from the European Regional Development Fund (69.25 %) and from the state budget (30.75 %).
Grupo Empresarial Magenta operates in the construction field. It opened a subsidiary in Bucharest last year.
Assignia Infraestructuras is headquartered in Spain and specializes in infrastructure and renewable energy.
Transmir, based in Vaslui county, was set up in 1998 and specializes in road and highway construction. (EUR1=RON4.3448)