Ascultă Radio România Actualitaţi Live

Road builders were fined forty million euros

The Romanian National Company of Motorways and National Roads requires that road builders be fined more than forty million euros for having delayed contractual obligations.

Road builders were fined forty million euros
Photo: Archive.

Articol de Răzvan Stancu, 16 Aprilie 2011, 10:08

According to the National News Agency Agerpres, the Romanian National Company of Motorways and National Roads requires that road builders pay a fine of more than forty million euros, an amount that accumulated between September, 2010 and March, 2011.

They were fined for having delayed contractual obligations.

The fine added up to the sum of money won by arbitration after road builders had fought against Secol Company over the rehabilitation contract for the National Road 65 and over three International Bank for Reconstruction and Development contracts of 2 141 million euros.

The French Colas Company, that had to build the Cernavodă-Medgidia motorway section with more than sixteen million euros, has to pay the highest fine for not having forwarded works schedule, for having delayed in obtaining permits and in designing new variants.

The FCC Construccion-Astaldi Company, the consortium that was named to design a a plan to avoid Constanţa, was fined over twelve million euros.

Likewise, there were other companies which were fined sums between13 000 and 50 000 euros for works of smaller dimensions.


Translated by: Cristina Anamaria Maricescu
MA Student, MTTLC, Bucharest University

Law decriminalising tax evasion below €1 million, if damages and penalties are paid, has been enacted
News in English 11 Mai 2024, 16:08

Law decriminalising tax evasion below €1 million, if damages and penalties are paid, has been enacted

President Klaus Iohannis promulgated on Friday the law that decriminalises tax evasion below one million euros, if the damage...

Law decriminalising tax evasion below €1 million, if damages and penalties are paid, has been enacted
15.000 lei, state support to increase birth rate
News in English 11 Mai 2024, 16:07

15.000 lei, state support to increase birth rate

The Ministry of Family has put a draft in the decision-making transparency, in which it wants to make changes to a Government...

15.000 lei, state support to increase birth rate
Klaus Iohannis, message for Romania's National Independence Day
News in English 10 Mai 2024, 17:01

Klaus Iohannis, message for Romania's National Independence Day

Romania is a respected member of NATO and the European Union, a status that provides us with security guarantees at the...

Klaus Iohannis, message for Romania's National Independence Day
Romanian Air Force to be equipped with high-performance missiles providing advanced air-to-air capabilities for F-16 aircraft
News in English 10 Mai 2024, 17:01

Romanian Air Force to be equipped with high-performance missiles providing advanced air-to-air capabilities for F-16 aircraft

The Romanian Air Force will be equipped with high-performance missiles that provide advanced air-to-air capabilities for F-16...

Romanian Air Force to be equipped with high-performance missiles providing advanced air-to-air capabilities for F-16 aircraft
UK Defence Secretary: 2024, a critical year for the war in Ukraine
News in English 09 Mai 2024, 02:21

UK Defence Secretary: 2024, a critical year for the war in Ukraine

2024 is a very important year in terms of the war in Ukraine, the Secretary of State for the Armed Forces at the UK Ministry...

UK Defence Secretary: 2024, a critical year for the war in Ukraine
Draft emergency ordinance amending the Law on the Arms and Ammunition Regime
News in English 09 Mai 2024, 02:20

Draft emergency ordinance amending the Law on the Arms and Ammunition Regime

The Ministry of Internal Affairs proposed yesterday a draft emergency ordinance to amend the Law on the Arms and Ammunition...

Draft emergency ordinance amending the Law on the Arms and Ammunition Regime
"Swift Response 24" NATO multinational exercise has started
News in English 07 Mai 2024, 19:41

"Swift Response 24" NATO multinational exercise has started

NATO multinational exercise "Swift Response 24" has started and is also taking place on Romanian territory. The...

"Swift Response 24" NATO multinational exercise has started
Romanian President Klaus Iohannis to be received at the White House by his American counterpart Joe Biden
News in English 07 Mai 2024, 19:40

Romanian President Klaus Iohannis to be received at the White House by his American counterpart Joe Biden

According to the White House press release, the two leaders will celebrate 20 years since Romania became a member of NATO,...

Romanian President Klaus Iohannis to be received at the White House by his American counterpart Joe Biden