INFRASTRUCTURE
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Timisoara Authorities Want To Award EUR11M Contract For Infrastructure Upgrade
Timisoara local authorities want to organize an auction to award an infrastructure upgrade contract worth 51.5 million (EUR11.6 million), VAT excluded.
Bucharest-Ploiesti Highway Delayed Again
The penalties of 0.05% a day have not had any effect on the three out of four construction companies which have not completed works on A3 Bucharest-Ploiesti highway, with one single section...
Romania To Stop Infrastructure Development Program, Money Reserved For Contracted Projects
Romania will terminate the National Infrastructure Development Program (PNDI) because of financial constraints, so the earmarked budget will be reduced by 15.9 billion lei (EUR3.63 billion)...
One Km Of Highway Can Actually Cost As Little As EUR3.5M In Romania
The cheapest highway built in the past few years in Romania is Timisoara-Arad, where the cost per km is around EUR3.5 million, according to a ZF analysis based on information supplied by nat...
Transport Minister: Failure To Prioritize Infrastructure Investments Brings Poor Results Despite Spending
Transport and Infrastructure Minister Alexandru Nazare, appointed to this position almost two months ago, told Ziarul Financiar in an interview that the billions of euros spent on infrastruc...
Romania Pays EUR1.3B For 17 Highway Construction Sites
The Romanian government had until the beginning of February paid almost EUR1.3 billion for the 17 highway construction sites currently underway, reveals a ZF analysis based on information su...
Astaldi Won Contracts Worth EUR700 Million In Romania Last Year
Italian construction company Astaldi, which built the Basarab Overpass and the National Arena stadium in Bucharest, won contracts worth a total of EUR702 milion last year. The contracts were...
EBRD: Romania Made Little Progress In Involving Private Sector In Infrastructure Projects
Romania has made little progress in involving the private sector in public-private partnership (PPP) or concession projects targeting road infrastructure, the European Bank for Reconstructio...
How Work On The Ten Leading Highway Construction Sites Is Going
The ten leading highway construction sites in Romania advanced by an average 7% between November 1 2011 and February 1 2012, according to a ZF analysis based on data provided by roads author...