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The Romanian network infrastructure is lagging behind the rest of Europe: firstly, the system design of highway connections, now covering just over two hundred kilometers, and with completion expected to take place between 2020 and 2030; and secondly the antiquated road network, to be modernized.
These facts bring into focus the Romanian gap, compared to the other European countries, and they show the difficulties in considering the state of the Carpathians truly "integrated" with the rest of the EU. This last has thus invested extensive material resources in the restoration of infrastructure, fostering the Romanian government through the structural funds and the cohesion funds.
The biggest project is undoubtedly the completion of the highway that will connect the capital city to Brasov, for which the Ministry of Transport has already expropriated assets amounting to twenty-five hectars, and has paid the owners 5.65 million RON. The entire public works program also implies the creation of ring roads in approximately fifty cities across Romania, and the complete renovation of Bucharest railway station, the Gara de Nord. Western European companies are mainly operating on these works, particularly the Italian Astaldi. In the past, the frequent interruptions of funding by the Romanian government had caused, for example, the suspension of the Brasov-Bors highway completion, that involved the U.S. company Bechtel; at the moment the Romanian Government has secured the maximum commitment, promising to establish a "National Pact for Highrways in Romania”, with which the continuity of the flow of resources should be guaranteed.
The Italian construction companies that decide to join the Romanian market for the provision of infrastructure are going to get many undeniable benefits, in two aspects:
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The construction industry in Romania knows no crisis. The low labor costs, a very business-friendly tax laws and the presence of EU funding are all features designed to attract many companies operating in Western Europe, hit by the crisis that has undoubtedly involved even the public procurement system.
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The emphasis on infrastructure, now considered a top agenda of the Romanian government, which is therefore assured a thorough and continuous financial covering, even taking into account Romania’s growth as a tourist destination.
With proven experience and extensive knowledge of the Romanian framework, Finance & Consulting Group offers a broad advisory service, providing valuable suggestions for internationalization, for marketing and for quality certification; in particular , provides a real-time monitoring of calls for bids and tenders opened by the Romanian Public Administration.
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