Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Thu February 22 2018

Related Information
Related Information
Related Information
Related Information

News » International » Astaldi and FCC win €600m Romanian rail contract » published 4 May 2017

Astaldi and FCC win €600m Romanian rail contract

A joint venture of FCC and Astaldi has won a third contract for rehabilitation work on the Frontieră-Curtici-Simeria railway line in Romania.

The new €600m (£507m) contract is next to two others recently won by the same team, allowing major operational synergies and economies of scale. FCC is leader of the JV and Spain’s Convensa also has a 1% stake.

The latest contract involves the rehabilitation of about 40km in the section between Gurasada and Simeria, with the building of 17 bridges, electrification, the installation of a new signalling and telecommunications system, the renovation of eight railway stations and some minor works. The planned duration of the works is three years. The split between the JV partners is 49.5% FCC, 49.5% Astaldi and 1% Convensa.

The contract is expected to be signed in June.



Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 4 May 2017 (last updated on 4 May 2017).

More News Channels