Skip to main content

Romania gets EU funding for road infrastructure projects

Romania will receive EU financing worth US$4.06bn for road infrastructure projects between 2014 and 2020, according to the Minister for Infrastructure Projects, Dan Sova., Several road projects are currently being developed including the Sibiu-Brasov, Brasov-Bacau and Sibiu-Pitesti motorways, a segment of the Bucharest ring road and the Craiova-Calafat national road. Romania's national road rehabilitation projects total 4,300 kilometres, 1,532 kilometres of which are being upgraded with financing fr
November 27, 2013 Read time: 1 min
Romania will receive EU financing worth US$4.06bn for road infrastructure projects between 2014 and 2020, according to the Minister for Infrastructure Projects, Dan Sova.,

Several road projects are currently being developed including the Sibiu-Brasov, Brasov-Bacau and Sibiu-Pitesti motorways, a segment of the Bucharest ring road and the Craiova-Calafat national road.

Romania's national road rehabilitation projects total 4,300 kilometres, 1,532 kilometres of which are being upgraded with financing from the European Fund for Regional Development, the 4270 European Investment Bank (EIB) and the state budget.

For more information on companies in this article

Related Content

  • Balfour Beatty consortium preferred bidder for Aberdeen road project
    June 13, 2014
    The Connect Roads consortium, comprising Balfour Beatty, Carillion and Galliford Try, has been selected as preferred bidder for the design, build, finance and operate (DBFO) contract to deliver the Aberdeen Western Peripheral Route/Balmedie-Tipperty project for Transport Scotland in partnership with Aberdeen City and Aberdeenshire Councils. Balfour Beatty will invest up to US$34 million, which represents a one third share of the sponsor’s investment requirement, with Carillion and Galliford Try also inv
  • Ohio Turnpike infrastructure project funds
    September 17, 2013
    The Ohio Turnpike and Infrastructure Commission (OTIC) has approved the US$930 million funding needed for ten projects in northern Ohio, each within twenty miles of the turnpike. The 241 mile-long, limited-access toll highway serves as a primary corridor to Chicago and Pittsburgh.
  • Funding approved for US Ohio River Bridges Project
    December 19, 2013
    US Transportation Secretary Anthony Foxx has announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for US$452 million to finance the Downtown Crossing section of the Louisville and Southern Indiana Ohio River Bridges Project. The cost of the Downtown Crossing, which Kentucky is funding, is around US$1.3 billion, and represents one half of the bi-state Ohio River Bridges project, which also includes the new East End Bridge, also spanning the Ohio River eight miles to the north
  • EU proposes minimum of 8 million EV charging points by 2020
    January 29, 2013
    The European Commission has unveiled measures to boost the deployment of alternative fuels, including electricity and hydrogen, in EU transport. Under the Clean Power for Transport package, the Commission proposes a minimum number of recharging points per country with common standards for interoperability throughout the EU. Even though alternative fuels, such as electricity and hydrogen are available in the market, there are several obstacles that prevent their wider deployment. According to the European Co