Romania has received five bids from contractors interested in building the 121km Pitesti-Craiova motorway, Ziarul Financiar daily reported, quoting the country’s public road company CNADNR. The cost of the project is estimated at around EUR 1.7bn, including the maintenance for the 30 years of concession.
Among the bidders are the largest local construction companies, China’s CCCC, other constructions companies acting on the local market such as Austria's Strabag, France's Vinci and Greece's Aktor and also Turkish group Dogus. Dogus already runs business in Romania through the Garanti financial group but is not involved yet in construction.
The five bidders are i. Obrascon Huarte Lain SA (Spain) and Ohl Zs SA (Spain); ii. China Communications Construction Company ltd, Dogus Insaat Ve Ticaret SA (Turkey ) and Egis Projects (France); iii.SC Spedition Umb SRL (Romania), SC Tehnostrade SRL (Romania) and SC Vectra Service SRL (Romania); iv. Strabag Ag (Austria), Strabag Se (Austria), Vinci SA (France), Vinci Construction Grands Projets (France), Vinci Construction Terrassament (France), Aktor Concessions SA (Greece) and Aktor SA (Greece); v. Impregilo spa (Italy) and Salini spa (Italy).
The largest bank in Moldova, Moldova Agroind Bank (main), announced it is postponing its plan to list on the Bucharest Stock Exchange (BVB) because certain provisions in Moldovan legislation make the ... more
Banca Transilvania, the leading financial group in Romania by assets, has reportedly reached the stage of agreeing technical and legal details for the takeover of BRD Pensii division from BRD-SocGen, ... more
Romania’s largest financial group by assets, Banca Transilvania (BVB: TLV), announced that it had signed a contract ... more