Romania's public roads operator, CNADNR, has received 50 bids from domestic and foreign companies and consortiums for building three stretches (sections two, three and four) of the Lugoj-Deva motorway, Mediafax news agency reported. The three sections have a combined length of 71.9 km. Designs must be completed within six months and construction works are to be finished in approximately two years. According to CNADNR estimates, construction costs per section will slightly exceed RON 1bn (EUR 223mn, VAT excluded). In April 2011, the construction of the first section of the motorway was awarded to the Tirrena Scavi-Societa Italiana per Condotte d'Acqua- Cossi Construzioni consortium, which has asked RON 681mn. The Lugoj-Deva motorway is part of Pan-European Transport Corridor IV. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more