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Old November 9th, 2011, 06:59 AM   #11
Le Clerk
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Join Date: Oct 2007
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Quote:
Romanian railways company to revamp Vintu de Jos-Simeria railway section with EUR 317 mln
NOVEMBER 8, 2011 AT 3:53 PM

Romanian state-owned railways company CFR SA has awarded the contract for construction works and installations on Vintu de Jos – Simeria section in Romania to an association made of companies Swietelsky – Strabag – Alstom – Arcada – Euro Construct – Transferoviar Group. The value of the contract amounts to EUR 317 million, without VAT, and the funding sources are the European Commission, with 85 percent, and the Romanian Government with 15 percent. The construction works have to be finalized in 30 months.
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