News
Romania Signs Five Road-Building Contracts

May 25, 2011 – Romania signed five contracts valued at 693 million
euros ($982 million) with construction companies to build motorways
financed mainly by the European Union, Transport Minister Anca Boagiu
said.

May 25, 2011 – Romania signed five contracts valued at 693 million euros ($982 million) with construction companies to build motorways financed mainly by the European Union, Transport Minister Anca Boagiu said.

The ministry awarded two contracts worth about 291 million euros to Austria’s Alpine Bau GmbH and Italy’s Impregilo SpA (IPG), while three groups led by Romanian companies Spedition UMB and Romstrade and Italy’s Tirrena Scavi SpA received the other agreements, according to an e-mailed statement today. | READ MORE