Romania's public roads operator, CNADNR, has announced it plans to auction the contract for the 121.2km Craiova-Pitesti motorway, estimated to cost some RON 9bn (EUR 2bn approx.) including VAT, news agency Mediafax reported. The details of the project, including whether it would be a motorway or just a bigger road, have not been agreed yet. Bids will be accepted until May 8. The route would link Craiova, where the Ford motor company operates a plant, with the capital Bucharest and further with the Constanta port. The project was shortlisted by PM Victor Ponta earlier in January among the country's key investment projects along with the Bucuresti-Brasov motorway, the 3rd and 4th nuclear reactors at the Cernavoda nuke, the reversible hydropower plant Tarnita, the Siret-Baragan channel and the Braila-Macin bridge over the Danube. |
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