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December 3, 2020

EUR 334 M for the modernisation of Coslariu-Sighisoara railway segment

CFR has awarded two contracts worth RON 1.43 bln (EUR 334 M) in total, VAT exclusive, for the modernisation of the railway infrastructure between Atel (Sibiu County) and Coslariu (Alba County), on 66.2 km, with the lots being awarded to Impresa, and respectively the Aktor-Arcada association, Mediafax reports. The segments to be restored are Atel-Micasasa and Micasasa-Coslariu, both belonging to the Coslariu-Sighisioara section of Pan-European Corridor IV. The financing source is secured from non-reimbursable European cohesion funds (85 pc) and a contribution of the state budget (15 pc).

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