FCC wins its third major rail contract this year in Romania
The National Rail Company of Romania (CFR) has awarded FCC Construcción, in a joint venture with ALPINE, FCC's Austrian subsidiary, AZVI and STRACO, a third contract valued at 365.8 million euros to renovate and enhance the railway running between Vintu des Jos and Simeria in Transylvania, Romania. The rail section, which is part of the IV Pan-European Corridor, is 43 km long and includes the enhancement and renovation of this rail infrastructure to guarantee a speed of 160 km/h.
85% of the Project will be financed with European Commission funds.
EU expansion generates increased investments in rail infrastructures.
With a total budget of 830 million euro for the three rail projects in Romania, FCC's presence in the country is greatly reinforced.
This new contract award is in addition to the 246 million euro contract awarded to the company last February for the renovation of a 28 km section of railway between Timisoara and Atel and the 29.6 km Atel-Micasasa section awarded in the month of May with a budget of 217.7 million euro. Both sections pertain to the Simeria-Brasov line.
In all, some 830 million euros will be spent to build more than 100 km of new railway in Transylvania, Romania. All three projects are part of the IV Pan European Corridor and the plans to expand the Trans-European Infrastructure Network from Nuremberg and Dresden to Prague, Bratislava and from Budapest to Bucharest and Constanta.
FCC Projects in Romania
FCC has had a constant presence in this country since 2004, where it participates in the development of the country's infrastructure. In recent years, FCC has renovated more than 150 km of national highways and 50 km of motorways and has undertaken singular projects such as the Basarab and Otopeni cable-stayed bridges in Bucharest. FCC is currently participating in the construction of a new underground line in Bucharest and the Constanta by-pass.