Strabag awarded two EUR 106 million road construction contracts in Romania

Newsroom 01/02/2011 | 16:18

Construction company Strabag has signed the contracts to rehabilitate and upgrade national roads DN14 and DN15A in Romania. The combined value of both contracts totals around EUR 106 million.

The planning and construction works comprise the widening and improvement of the existing road network, the rehabilitation of bridges, and the installation of safety facilities. The works will take place on DN14 between Sibiu and Sighisoara and on DN15A between Targu Mures and Saratel. Altogether, Strabag will rehabilitate 150 km of national road. Construction will begin in April 2011 and is scheduled for completion in March 2013.

“Romania’s transportation infrastructures are in the middle of an upswing thanks to state investments. Just last summer, we were awarded the contract to rehabilitate DN67B and in autumn, we won the highway project Deva Orastie,” said Dr. Hans Peter Haselsteiner, CEO of Strabag SE (pictured).

The projects DN14 and DN15A are part of the sixth rehabilitation program of national roads in Romania and are financed by funds from the European Investment Bank and from the national budget.

 

Strabag is one of Europe’s largest construction groups. With some 75,500 employees, Strabag generated a construction output volume of EUR 13.0 billion in the 2009 financial year.

 

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