about us | newsletter | contact | archive | members area
We expect for 2015 a 20-30 per cent increase, while the first half has already seen a si»

Constructors chosen for Lugoj-Deva motorway

June 2013 - From the Print Edition

Three sections of the Lugoj-Deva motorway section will be built by two Italian companies, Salini and Secol, and Romanian firms including Tehnostrade and Spedition UMB, Teloxim Con and the local representative of Aldes (Spain). The projects have a total estimated value of about EUR 690 million, excluding VAT, according to wall-street.ro.
The second motorway section will be built by the Italian joint venture Salini-Secol, and the third by the joint venture involving Teloxim Con Consortium Ltd, Comsa SA, Aldes Construcciones SA and Arcadis Eurometudes, with the fourth due to be built by the Tehnostrade-Spedition UMB joint venture.
The three parts cover 71.9 kilometers and the execution works are expected to be finished in two years. The Lugoj-Deva motorway is part of the A1 motorway (Bucharest-Nadlac), which is part of the fourth Pan-European corridor.

There are 0 comments:

Validation Code

0 Comments  |  2813 Views
Daily Info
Garanti Bank finances Ramada Plaza Hotel in Craiova with 8.3 million Euro

Garanti Bank loaned 8.3 million Euro to Jiul SA, for the financing of Ramada Plaza Hotel in Craiova, the bank announced.

CFA: Macroeconomic confidence index up in October due to expectations component

The CFA Romania macroeconomic confidence index reached 69 points this October, up 4.1 points from the previous month, shows a release of CFA Romania. According to the release,...

Sintofarm gives up medicine manufacture to become real estate developer

The medicine producer Sintofarm (SINT) summoned its shareholders at the end of December to decide on selling equipment, trademarks and other shares and on taking over the name...

APIA: Hybrid, electric car sales surge 125 per cent from 2014

Sales of new electric and hybrid cars in Romania hit 411 units in the ten months, marking 125.8 percent surge from the same period in 2014, shows statistics released by the Ca...

Transport Urban Sinaia exceeds 1 million Euro turnover after eight months

The public tourism services operator Transport Urban Sinaia announced it exceeded the 1 million Euro milestone after eight months, 61 per cent growth in 2015 compared to the s...






More on News
President Iohannis received at the White House by US Vice-President, Joe Biden

Romania's President Klaus Iohannis said that the US Vice-President, Joe Biden, voiced his satisfaction over Romania's progress with its fight against corruption

Medical staff salaries have grown by 25 per cent as of 1 October

Medical staff salaries will increase by 25 per cent starting from 1 October, a rise that will benefit more than 200,000 employees in the health system, according to Mediafa...


Interview with Mr. Ernest Virgil Popovici, Senior Partner, Popovici Nitu Stoica & Asociatii

Romania to renounce Russian natural gas due to non-consumption

Due to the decrease of natural gas consumption, Romania is about to attain its independence from the natural gas imported from the Russian Federation

Elektrokontakt Romania to receive state aid for an 18 million Euro investment

EKR Elektrokontakt Romania, manufacturer of cabling solutions for the automotive industry and part of the German group Nexans, will receive state aid of nearly 40 million R...

Sonaca Aerospace Transilvania received 5.4 million Euro from Romanian authorities to invest in the aerospace sector

Sonaca Aerospace Transilvania, advised by Noerr law firm through the entire investment project, obtained from the Romanian authorities a grant in amount of 24.1 million RON...

Heidi Chocolat opens a new production line in Bucharest factory

Chocolate manufacturer Heidi Chocolat opened a new production division within its factory in Bucharest, a project that was started in 2014 and is due to be completed next y...