Romanian Public Road Authority Claims EUR40M In Penalties From Contractors
Tuesday, April 19, 2011
Romania's public road authority CNADNR claimed penalties of about EUR40 million, between September 2010 and March 2011, from nine domestic and foreign companies, including Colas, FCC Construccion and Astaldi, for various violations.Colas (France), which was contracted to build the Cernavoda-Medgidia highway segment, was ordered to pay EUR16.08 million as penalties for failing to expropriate land and delays in designing an alternative route and obtaining construction authorization, ...