Romanian Roads Authority Signs EUR27.4M Road Upgrading Contract
Romania’s national roads authority CNADNR on Monday signed a 161.03 million lei (about EUR27.4 million) contract with Romanian-Italian consortium CCCF Drumuri si Poduri Timisoara - Co.Ge.Fa - S.IM.CO to upgrade a 47-km section of the national road linking Beius to Oradea.
Works should be finished in two years and are guaranteed for two tears.
The project is financed with funds from the European Investment Bank (50%) and the state budget (50%).
Romanian CCCF specializes in road and railway infrastructure construction.
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