Bechtel Lowers Price For Transylvania Hwy, After "Tough" Negotiations

The price of the Brasov-Bors highway section has been reduced from EUR20 million per km to less than half, following negotiations between Romanian authorities and constructor Bechtel, which will resume work this fall, after the state will pay part of its debts, according to ProTV.The TV station cites sources in the Transport Ministry, who said "tough negotiations" have resulted in Bechtel renouncing some of its demands, in exchange for the payment of a part of the state's debts. The new deal ...

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