EC approves non-repayable funding from European funds for 'Construction of Timisoara - Lugoj motorway' project

The European Commission has approved the non-repayable funding from the Cohesion Fund of the European Union for the 'Construction of Timisoara - Lugoj motorway and Timisoara bypass to motorway standard' project (western Romania), reads a Ministry of Transport and Infrastructure's release.The total eligible value of the funding request is 248.147 million euros, of which co-financing from the European Union, through non-repayable contribution from the ...

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