INFRASTRUCTURE
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Romanian Development Ministry Awards EUR325M Contracts For Road Upgrade In Six Counties
Romania's Regional Development and Tourism Ministry has awarded three new contracts for road modernization in the counties Hunedoara, Timis, Arad, Bihor, Tulcea and Galati, worth a total 1.4...
Umbrarescu Gets One Tenth Of Development Ministry Funds For County And Local Roads
Spedition UMB and Tehnostrade, two construction companies controlled by Dorinel Umbrarescu, a low-profile entrepreneur, have so far won one tenth of the EUR2.6 billion that the Ministry of R...
Development Ministry Awards EUR128M Contract For Road Rehabilitation In E Romania
Romania's Regional Development Ministry has awarded a contract worth 540.8 million lei (EUR128 million), net of VAT, for the rehabilitation of roads in counties Iasi and Neamt, to the partne...
Romania Awards RON17M Contract For Road Consolidation In Brasov County
Romania's public road authority CNADNR has awarded two contracts, worth a total 17.1 million lei (EUR4 million), to companies Conforest and Consal, for the consolidation of a 24 km-stretch o...
IFC Might Issue Leu-Denominated Bonds In Romania
IFC, the World Bank’s investment arm, is likely to issue leu-denominated bonds on the Romanian market, should there be any infrastructure projects needing significant funding. Such a move wo...
Transport Infrastructure Projects Received No EU Funds In May
Romania did not make any EU funds payments in May for the Transport operational program, which aims to develop local infrastructure. Between 2007 and 2013, Romania has EUR4.5 billion in Euro...
Generali Targets Infrastructure Projects Developed With EU Money
Generali, one of the top ten companies on the insurance market, is planning to boost its policy sales by insuring works on infrastructure projects financed with European funds, which are see...
No Proper Highways In Sight For 2011
The year 2011 has so far been “rich” in terms of Romania’s road infrastructure, but only as far as tenders organized in the past few months are concerned. The national motorways and roads co...
Erste Plans EUR600M Funding Of Romanian Infrastructure Works
Erste Group, owner of Romanian bank BCR, issued financing worth EUR300 million for infrastructure projects so far in Romania, and it expects to double this value within the next year and a h...