CNADNR signed 5 contracts worth 693 million euro for highways 

Vineri, 20 mai 2011, 17:00 English | Top News

The National Company for Hightways and National Roads, CNADNR, signed on Friday the first five contracts from the new highway lots on Corridor IV Pan-European. Among the winning companies are Romstrade group, Spedition UMB and Tehnostrade, Strabag and Astaldi. All lots are located in the West part of the country. 

Transports minister Anca Boagiu said that to those 693 million euro, the ministry also have 268 million euro for contracts signed or on the process of being signed for national roads, beltways from EU funds and 79 million euro from the European Investments Bank. All contracts rule that the projects needs to be delivered in 22 months and each lot has a four year warantee.