Romania's public roads authority CNADNR auctioned the construction of four motorway routes and will pay RON 3.35bn (EUR 812mn) plus 24% VAT to the winning bidders for 184km of roads, the company reported. The bidders can appeal the tender results in ten days. All routes are part of the Pan-European Corridor IV Dresden-Istanbul. The average price per km stands at EUR 4.41mn plus 24% VAT.
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Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more