Automagistral Pivden SRL (Ukraine) – Precon Transilvania SRL (Romania) has been recognized as the winner of one of three lots for the construction of the Arad-Oradea section of the highway with a project budget of EUR 600 million, the press service of Avtomagistral-Pivden reports.
The Ukrainian Embassy in Romania noted that the victory of the Ukrainian company in one of the largest infrastructure construction tenders is a significant event in terms of strengthening bilateral economic relations between Ukraine and Romania.
“The presence of the largest Ukrainian construction company in Romania will help strengthen the position of Ukrainian business in the EU market, develop joint projects and partnerships between Ukrainian and European companies, and exchange of experience. The EU market is traditionally represented by the world’s leading companies. The victory in the competition with the strongest rivals is evidence of the Romanian customer’s trust in the Ukrainian contractor,” the embassy said in a Facebook post.
In total, the four-lane Arad-Oradea highway will have a total length of 120.47 km and will provide a connection to the Romanian-Hungarian border. The lot won by an association of Ukrainian and Romanian companies includes a 47.07 km section, to which a connecting road to the Arad West industrial zone (2.9 km) is added. The project provides for 29 bridges with a total length of 2.5 km, six traffic interchanges, four sites for large vehicles, and two road repair stations (for highway maintenance).
“The victory of Avtomagistral-Pivden is evidence that our country is able to successfully enter the European market with high-tech services. Our company’s participation in one of the largest infrastructure projects in the EU will be important for dozens of other Ukrainian companies that supply materials and services,” the release says.
Avtomagistral-Pivden LLC has been on the market since 2004. It designs and builds highways, bridges, interchanges, airfield complexes, and hydraulic structures. The company’s owner is listed in Opendatabot as Oleksandr Boyko. According to the financial results for 2023, the company’s net profit amounted to UAH 624.9 million, and revenue was UAH 8.215 billion.
CONSTRUCTION, HIGHWAY, ROMANIA, TENDER, Автомагістраль-Південь
