Serbia gets 25 bids for building of 13.5-km long corridor X motorway section.

By bne IntelliNews January 18, 2012
Serbia has received 25 bids from companies and consortia coming from 13 countries in a tender for the construction of the Grdelica-Vladicin Han motorway section, which lies on EU-defined corridor X, the country's motorways operator, Koridori Srbije, said on its website. Koridori Srbije did not name the companies but said they come from Italy, the Czech Republic, Bulgaria, Germany, Croatia, Spain, Slovenia and Austria, among others. The company opened the technical part of the bids on January 16 and will take some time to evaluate it before opening the financial components of the offers. Koridori Srbije said the job will be awarded to the bidder, who has offered the lowest price. The company's technical director Goran Petrovic told news agency Tanjug that the opening of the financial parts of the bids will take place at the end of February or the beginning of March. A deal could be signed at the end of April with works starting already at the end of May, Petrovic said. The Grdelica-Vladicin Han section is divided into two subsections, Grdelica-Caricina Dolina and Caricina Dolina-Vladicin Han than will be each built into two lots, Koridori Srbije has said. Lot 1 stretches over six kilometers and Lot 2 over 4.57 km as each of them should be built within 720 days. Lot 3 includes a 1.1-km long tunnel and Lot 4 a tunnel of 1.8 km as each of them is to be constructed within 900 days. The construction will be financed by a European Investment Bank loan. The Grdelica-Vladicin Han section lies in southern Serbia close to the border with Macedonia. The section is part of the Grabovica-Lesovoje motorway that is marked E-75. Corridor X runs from Austria to Greece via Slovenia, Croatia, Serbia and Macedonia. It comprises a 2,528 km long rail corridor and a 2,300 km long road corridor.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss