In July 2013, CNADNR cancelled the contract with Austrian constructor Alpine Bau for the construction of the ring road segment, signed in March 2012, as the builder went insolvent.
The deadline for the bids is February 26, and the works should be completed in three years.
The third segment of Brasov beltway was opened early December, while the deadline for the bids for the second segment is February 5, for works estimated at RON146.5 million, VAT included.
The project is financed from European and state funds. (EUR1=RON4.4979)