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

  • USDOT to fund transit improvements across the country
    September 17, 2015
    The US Department of Transportation’s Federal Transit Administration (FTA) today announced that 21 organisations around the country will receive a share of US$19.5 million in grants to support comprehensive planning projects that improve access to public transit. The funds are made available through FTA’s Transit-Oriented Development (TOD) Planning Pilot Program for communities that are developing new or improved mass transit systems.
    Read More
  • Road toll system planned for Czech Republic
    February 7, 2014
    The Czech Transport Ministry wants to introduce a road toll collection system for all motorists, not just lorries, using the Czech motorways. A pilot scheme, run by the Czech Centre for Transport Research, has been taking place for the last 18 months, with a thousand vehicles currently testing the electronic dashboard units which would be used to calculate the amount of toll per kilometre. There are around 1,200 km of paid roads in the country, according to data from the Czech State Transport Infrast
    Read More
  • ACE makes recommendations to government on UK road funding
    January 25, 2018
    The UK Government must introduce dynamic road user charging in the UK over the long-term; with initial steps to be taken now and a suggested start date of 2030, according to a new report from ACE. Called ‘Funding roads for the future: Creating a more productive and sustainable road network in England’ it presented a series of recommendations on how to improve road network funding and how revenue from associated taxes can be sustained for future needs.
    Read More
  • Imtech receives significant traffic technology orders
    January 15, 2013
    European technical services provider Royal Imtech (Imtech) has been awarded a series of contracts worth US$57.5 million to upgrade the current traffic infrastructure in Stockholm, Moscow, Dublin and Copenhagen, as well as providing the technical infrastructure in a double-deck tunnel in Maastricht, Holland. The company will implement a Motorway Traffic Management (MTM) system on the E18 motorway in Sweden, an important road link in the northern part of Stockholm, featuring two tunnels and used by 50,000 veh
    Read More

Highlighted Content