Astaldi expects to close €1.7bn Russian motorway build deal

Italian civil engineering group Astaldi is expecting to obtain a €1.7 billion contract from Russia that would see them build a 140km stretch of the Moscow-St Petersburg motorway. Astaldi chairman Paolo Astaldi said that the deal for lots seven and eight of the motorway is “probable”. Astaldi is in a consortium with Turkish partner Ictas, with which it has already banked deals in Russia. The contract will be awarded by the motorway concessionaires, VTB and Vinci.
Road Structures / May 13, 2014
Italian civil engineering group 1324 Astaldi is expecting to obtain a €1.7 billion contract from Russia that would see them build a 140km stretch of the Moscow-St Petersburg motorway.

Astaldi chairman Paolo Astaldi said that the deal for lots seven and eight of the motorway is “probable”. Astaldi is in a consortium with Turkish partner Ictas, with which it has already banked deals in Russia. The contract will be awarded by the motorway concessionaires, 3012 VTB and 5177 Vinci.
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