Romanian Cernavoda-Medgidia Hwy Segment To Cost Up To EUR170M

Completing the Romanian Cernavoda-Medgidia highway segment will cost between 500 and 700 million lei (EUR120-170 million), without VAT, according to public road authority CNADNR's new tender announcement, published after terminating the contract with French constructor Colas.The contract, for the design and construction of almost 20 km of highway, will run for one year, plus a two-year warranty. The tender procedure will begin on May 30. Financing will be provided by the ...

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