06.10.2014

US Bechtel, which built part of the Transylvania highway in Romania and Turkey’s Enka, its main subcontractor, ended last year with more than EUR110 million net profit together in this country, more

05.30.2013

Romania will use state budget funds to pay damages to U.S. constructor Bechtel upon termination of the contract to build the Transylvania Highway, Prime Minister Victor Ponta said Thursday. more

05.30.2013

Romania has terminated the contract with U.S. constructor Bechtel to build the Transylvania Highway, according to Minister-delegate for Infrastructure Projects Dan Sova. more

05.27.2013

Romania will terminate in upcoming days the contract with U.S. constructor Bechtel to build the Transylvania Highway and the Government Control Body will check the unfolding of the contract from its more

05.23.2013

Romania will terminate Monday the contract with U.S. constructor Bechtel to build the Transylvania Highway and will disclose the sum the country still owes to the company, Minister-delegate for more

08.28.2012

Romania’s road authority CNADNR continues to make past due payments into the accounts of Bechtel, even though construction works on the only highway section Bechtel is building, Suplacu de more

11.04.2011

The 65 km-long Suplacu de Barcau-Bors section of the Transylvania Highway might be open for traffic in November next year, but the project's final acceptance is scheduled for August 30, 2013, more

09.28.2011

Romania's Government has approved the new contract with U.S. company Bechtel for the construction of the Transylvania Highway, which reduces the cost of the project to EUR6.9 million per km and allows more

09.02.2011

Romanian Prime Minister Emil Boc said Friday the new contract with U.S. constructor Bechtel will be discussed by the Government in September and the Gilau-Nadasel section of the Transylvania Highway more

08.05.2011

US Bechtel, which in 2003 signed a contract for the construction of Transylvania Highway, between Bors and Brasov, was the largest beneficiary of funds from the Romanian road administration company more

08.04.2011

Romania's Government is considering building some sections of the Transylvania Highway through public-private partnership, because the state does not have unlimited funds for infrastructure projects, more

08.03.2011

Romania will terminate its contract with constructor Bechtel for 300 km of the Transylvania Highway on which work has not yet started, sources in the Ministry of Transport told online newspaper more

07.28.2011

The price of the Brasov-Bors highway section has been reduced from EUR20 million per km to less than half, following negotiations between Romanian authorities and constructor Bechtel, which will more

07.19.2011

Romania’s Ministry of Transport will fund the 254-kilometer long Targu Mures-Bors section of the Transylvania Highway but is seeking financing solutions for the Targu Mures-Brasov section, a more

07.03.2011

Boc said Saturday in the northwestern city of Cluj-Napoca, where he attended the opening of a bypass road to traffic, that road works in Romania cannot be done at “any price” since the Government more

06.20.2011

Over 50 local companies that subcontracted works for U.S. Bechtel, which is building Romania’s Transylvania Highway, have called on Cluj prefect Florin Stamatian for help to recover debts of more

06.07.2011

Romanian roads authority CNADNR asked U.S. company Bechtel, which constructs the Brasov-Bors highway, to reduce work costs by about 35% and revise the construction schedule, as the 2013 deadline more

05.01.2011

Romania's Transport Ministry and public road authority CNADNR have begun negotiations with Bechtel on a new calendar for the construction of the Transylvania Highway, with new deadlines past the more