Webuild and its consortium partner Salcef have bagged a €291m contract to improve and broaden Lot 3, a section of the Caransebes-Timişoara-Arad railway line in Romania.
This project is aimed at enhancing connectivity between Bucharest and the western part of the country as well as the rest of Europe.
Go deeper with GlobalData
Lot 3 is a part of a project to extend the Rhine-Danube Corridor of the Trans-European Transport Network (TEN-T).
Promoting sustainable mobility, TEN-T is an initiative of the European Union that gives preference to rail over road in the movement of goods and people.
Webuild holds 72.1% stake in the consortium, while Salcef has 27.9% interest.
See Also:
The project is anticipated to create 600 direct and indirect jobs.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataCompania Naţională de Căi Ferate CFR, the national railway company of Romania, has awarded this contract on behalf of the Ministry of Transport and Infrastructure.
This contract involves design and construction of approximately 14km of a railway between East Timişoara and Ronat in western Romania.
Without interrupting the rail service, the contract will transform the single-track line to a double-track one.
The section that crosses an urban area of Timişoara will see construction of three stations, five bridges and four overpasses.
The entire Caransebes-Timişoara-Arad railway line project is being funded by Operational Programme for Large Infrastructure (POIM) to boost traffic speed and capacity between Bucharest and Timişoara.
Passenger trains will be able to operate on this railway line at speeds of up to 160km per hour, and cargo trains by up to 120km per hour.
In Romania, Webuild is also involved in the construction of Lots 3 and 5 of the Sibiu-Pitesti highway as well as in the upgrade of 120km of railway line between Frontieră, Curtici and Simeria.
—————————————————————————————————————–
Image: Without interrupting the rail service, the contract will transform the single-track line to a double-track one. Credit: Martin Winkler from Pixabay.
