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| Astaldi to build new motorway in Romania Italy's second largest builder Astaldi Group has been awarded the contract to build the Cernavoda-Medgidia motorway in Romania, worth EUR 119 million (Astaldi has a 50% stake and is the project leader). The contract involves the design and performance of all works related to the construction of a section of the new Bucharest-Constanta motorway measuring approximately 21 kilometres. Design activities and works are scheduled to commence by the end of the year for a duration of 15 months, including 3 months for the design phase. The project has been commissioned by Romania's National Motorways and National Roads Company and will be funded through cohesion funds (85%) and by the Romanian government (15%). The project will be performed by Astaldi as part of a joint venture with the German company, Max Bögl, which is already one of the Group's partners in numerous other projects carried out in this area. write your comments about the article :: © 2011 Construction News :: home page |