Feb 9 β€’ 09:46 UTC πŸ‡¬πŸ‡· Greece To Vima

GEK TERNA awarded as contractor for two railway projects worth 1 billion in Romania

GEK TERNA has been appointed the official contractor for two large railway projects in Romania, totaling around 1 billion euros.

GEK TERNA has recently been awarded the contract for two railway projects with a total budget of approximately 1 billion euros by the National Railway Company of Romania (CFR). The projects cover the railway line from Craiova to Igiroasa, which spans a distance of 83 kilometers. This announcement marks a significant step for GEK TERNA as they expand their influence in the Romanian infrastructure sector.

The projects involve two specific sections: Lot 1, from Craiova to FiliaΘ™i, budgeted at 543.4 million euros, and Lot 2, from FiliaΘ™i to Igiroasa, with a budget of 449.2 million euros. GEK TERNA is leading the consortium with a stake of 69% for Lot 1 and 74% for Lot 2, while partnering with Alstom Romania for this endeavor. This collaboration indicates a robust commitment toward modernizing and enhancing Romania's railway infrastructure.

The undertaking not only highlights GEK TERNA's growing role in international projects but also emphasizes the importance of railway development in enhancing connectivity and economic growth within Romania. The expected outcomes of these investments will likely impact trade, tourism, and mobility across the region, underpinning the strategic importance of modern rail links in supporting economic development.

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