Italian construction giant Astaldi has announced the signing of a €356 million contract for a more than 30 km stretch of the Sibiu-Pitesti motorway in Romania.
Sibiu-Pitesti motorway
The project is planned to take place over 60 months, including 12 months for design and 48 for construction, the company said in a statement.
Up to 85% of the contract is to be financed by the EU, with the remainder coming from Romania's state budget.
With this contract, Astaldi now has an order backlog in the country worth more than €1 billion.
The company is already engaged in the construction of the Braila Bridge, a suspension bridge over the River Danube, as well as the construction of 20 km of the Ogra-Campia Turzii motorway.
The Astaldi Group has been present for more than 25 years in Romania, where it has built more than 100 km of railways and undergrounds, 250 km of roads and motorways, and two international airports - Henri Coanda in Otopeni, Bucharest and Avram Iancu in Cluj-Napoca.
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