Romanian tie-up signs 158 mln euro motorway deal

The consortium must complete the 28.6 km segment, which will include seven bridges and eleven passageways, in two years, with six months allotted for the design stage and 18 months allowed for the execution stage, Pistol said in a social media post on Friday.

The contract will be co-financed through the EU's Transport programme, he added.

The tie-up won the tender for the motorway section last year, but the contract could only be signed after the resolution of all contestations by Romania’s National Council for Solving Complaints (CNSC).

Several contracts signed with other companies for the construction of this motorway section in the past were cancelled after the companies failed to carry out the works, the CNAIR head noted.

(1 euro=4.9707 lei)