May 12 (SeeNews) - Italy's Astaldi said on Tuesday that it has signed a contract worth 356 million euro ($385 million) for the construction of more than 30 kilometres of the Sibiu-Pitesti motorway in Romania.
The planned duration of the works is 60 months, including 12 months for the design and 48 months for the actual construction, Astaldi said in a press release.
As much as 85% of the contract is financed by EU funds, and the remainder is covered by the state budget.
With this new contract, Astaldi’s order backlog in Romania is now worth more than 1 billion euro.
In Romania, Astaldi is currently engaged in the construction of the Braila Bridge, a suspension bridge over the Danube, and the construction of some 20 kilometres of the Ogra–Campia Turzii motorway.
The Astaldi Group has been present for more than 25 years in Romania, where it has built more than 100 km of railways and undergrounds, 250 km of roads and motorways, and two international airports - Henri Coanda in Otopeni, Bucharest and Avram Iancu in Cluj-Napoca.
($=0.9243 euro)