A joint venture led by Astaldi and Max Bogl has won a €100m contract from National Company of Motorways and National Roads for the Brasov–Oradea motorway in Romania.
The scope of the contract covers the design and construction of 18km of motorways, including viaducts, overpasses and flyover junctions.
Work will begin in May 2016 and will last for 16 months. The first four months will be devoted to design, and execution will take place in the following 12 months.
Both Astaldi and Max Bogl have a 48.5% stake in the joint venture, and the remaining 3% stake holder is Romanian designer Consitrans.
75% of the project will be financed by European funds and the remaining 25% will come from the State Budget.