Ferrovial and Budimex land 100 million euro contract for two roads in Poland


The roads are part of the A-2 highway, one of Poland"s main arteries, which links Warsaw with Berlin, Minsk (Belarus) and Moscow Ferrovial and Budimex, its Polish construction subsidiary, have been awarded the contracts to build two stretches of road in Poland for a total of 102 million euros. The two road sections, which are contiguous, form part of the A-2 highway, Poland"s main east-west artery, which links Warsaw with Berlin, Minsk (Belarus) and Moscow. The 15.9 km-long Dabie-Wartkowice section, budgeted at 45 million euros, will have two lanes in each direction, 8 overpasses, 3 underpasses or viaducts, 2 rest areas and a range of environmental protection and integration measures. The construction period is 15 months. The 24 km-long Wartkowice-Emilia section, budgeted at 57 million euros, will include 21 overpasses and 8 underpasses or viaducts. It will also be completed in 15 months. A backlog of over 450 million euros Ferrovial has been operating in Poland since 2000, when it acquired control of Budimex, Poland"s largest construction group in terms of revenues and market capitalisation. Budimex has a backlog of over 450 million euros. Its principal projects include the S1 Bjelsko Biala Skoczow-Cleszyn highway, a hotel for Hilton International, and the expansion of the new terminal at Warsaw Airport (worth a total of 200 million dollars, in a joint venture with Ferrovial). Budimex is bidding with Cintra, Ferrovial"s toll road subsidiary, to operate the A4 toll road between Wroclaw and Katowice, in Poland.


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