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

  • FIA to campaign for the protection of vulnerable road users
    April 1, 2016
    The publication of the European Commission’s 2015 provisional road safety figures leaves no room for complacency, says the FIA, as they show an increase in fatalities compared to the previous year. Even in 2014, there was only a 0.6 per cent reduction and it had been the first year in a long time without a significant reduction. The announcement confirms stagnation for the second consecutive year, which brings the EU further away from the goal of halving road deaths by 2020. Jacob Bangsgaard, FIA Region
    Read More
  • US DOT announces funding for bus projects
    September 12, 2016
    The US Department of Transportation’s Federal Transit Administration (FTA) has selected 61 projects in 41 states, the Virgin Islands and Indian Country to receive a share of nearly US$211 million to replace, rehabilitate and purchase transit buses and related equipment and construct bus-related facilities. Among the projects selected to receive 2016 Bus Program funding are the Kentucky Transportation Cabinet, which will receive approximately US$5.8 million for the expansion and replacement of transit veh
    Read More
  • Visionstream secures Australian motorways project
    February 11, 2013
    Visionstream Australia (Visionstream) is to deliver the Intelligent Transport System (ITS) and communications infrastructure for the Westgate Freeway Managed Motorway Project under the National Smart Managed Motorways Program. The US$21.5 million contract includes design and construction of the ITS system and an operations and maintenance component for two years. Under the contract, Visionstream will be undertaking the design, supply, installation and integration of ITS devices including lane use signs, va
    Read More
  • Massachusetts DOT unveils five-year transportation plan
    January 14, 2014
    The Massachusetts Department of Transportation (MassDOT) has released the first draft of its five-year MassDOT Capital Investment Plan (CIP) for FY2014-FY2018. The US$12.4 billion program makes long-term investments and represents the first unified, multi-modal capital investment plan covering all MassDOT highway and municipal projects, regional airports, rail and transit, including the MBTA and Regional Transit Authorities. The proposal, which must be approved the state's Department of Transportation
    Read More

Highlighted Content