The concession Contract was signed for the project 'STUDY - CONSTRUCTION - FINANCING - OPERATION - MAINTENANCE AND EXPLOITATION OF THE COMARNIC BRASOV HIGHWAY' between the Romanian State, and the Concession Societe Anonyme CARPATHIANS HIGHWAY SOCIETE ANONYME which is the concessioner of the aforementioned project as well as the shareholders of this company, i.e. ELLAKTOR and VINCI. ELLAKTOR participates in the above concession through AKTOR CONCESSIONS SA (50%) and as regards the construction through AKTOR SA (50%).
This construct provides for a transitional period of four months to fulfill certain conditions related to the financing of the Project The construction period will last four years, the duration of the concession is 30 years and the total investment of the Project amounts to EUR 2 billion. The length of the Highway is 58 km.