The Municipality of Timisoara, Romania, has released an Expression of Interest (EOI) on September 5, 2025, seeking private partners for a new 300-bed hospital project to be delivered through a 20-year Public-Private Partnership (PPP) covering design, construction, financing, equipping, and maintenance. The IFC is supporting this project, and interested parties have until October 30, 2025, to submit their responses to the call for expressions of interest.
IFC would apply a two-phased transaction implementation approach. In Phase 1, IFC will carry out a due diligence analysis of the Project, an assessment of investors' interest, and the transaction structuring. In Phase 2, IFC will draft the tender documentation and support the Client in the implementation and conclusion of the tender process.
Country updates
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October 25, 2024
PMC contract awarded to supervise design and construction of Cluj-Napoca metro
Cluj-Napoca, Romania's second-largest city, has awarded SYSTRA a Project Management Consultancy (PMC) contract to supervise the design and construction of its first automatic metro line. The Design &...
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June 27, 2024
Romanian Ministry of Transport & Infrastructure breaks ground for US$2.9 million Metro Project
The Romanian Ministry of Transport & Infrastructure has launched a groundbreaking ceremony for the Construction of Cluj-Napoca metro Line 1.
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March 21, 2024
STRABAG continues to develop A3 motorway in Romania for US$ 92 million
The European Construction Technology Group has awarded a 15.7 km long section of the A3 motorway between Câmpia Turzii and Chețani for EUR 85 million (US$ 92 million) to consortium par...
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June 28, 2023
Operator sought for USD21.5 million Road improvement contracts in Romania
The administration of the Mehedinti County Council has launched a tender for current and periodic maintenance works and services in the winter - summer of the county roads in Romania.
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May 22, 2023
Targa Telematics closed acquisition of Viasat Group
Targa Telematics Spa has announced the closing of the acquisition of 100% share capital of Viasat Group Spa (Viasat Group). The transaction was completed after receiving approval from the Antitr...
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