The Czech division of Eurovia has won a €126 million contract for a section of the D35 motorway.
The Czech road and motorway management company RSD sealed the deal Eurovia, part of the Vinci Group, for construction of 14.7km between Casy and Ostrov, in the Pardubice region.
Eurovia submitted a bid of nearly €126 million for the work that the government and the European Union had estimated in 2016 might cost around €194 million.
Other bids had been submitted by M-Silnice and Astaldi.
Eurovia recently announced that it had signed an agreement for the acquisition of TREV-2 Grupp, founded in 1961 and one of Estonia’s major construction and civil engineering groups. The deal is subject to competition authority approval.
Much of TREV-2 Grupp’s work is road upgrading in Estonia, including the Tallinn–Tartu motorway and Tallin ring road. The group operates several asphalt production sites and a number of quarries. It also has several multi-year contracts for maintenance and operation of local roads.