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This year, NDS received more than 150 million euros from EU funds for infrastructure development

by AI | 27.Dec 2024 | Europe in brief AI

The year 2024 was a breakthrough for the National Highway Company. It simultaneously drew funds from the ending program period while also successfully starting to draw from the new euro funds.

Construction work on the D1 Hubová - Ivachnová project. PHOTO TASR - Daniel Stehlík

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Bratislava – The National Motorway Company (NDS) has obtained over 150 million euros from EU funds for the development of road infrastructure this year. NDS increased the use of European resources by seven percent year-on-year. Most of the funding went to the construction of D1 Hubová – Ivachnová. NDS reported this on Monday.

“The year 2024 was a breakthrough for the National Motorway Company. It simultaneously utilized resources from the expiring program period and successfully initiated the use of new EU funds. In total, it obtained European resources of 150.2 million euros in 2024 for the improvement of the motorway network,” the motorway officials explained.

Of the total volume of European funds, almost two-thirds still fall within the original program period, reminded NDS. From the old EU funds, the motorway company obtained a total of 95.7 million euros, most of which went to finance the construction of D1 Hubová – Ivachnová. EU funds also supported the construction of the D1 Lietavská Lúčka – Dubná Skala section and financed the project documentation for the D1 Turany – Hubová section.

NDS also managed to start using new EU funds. From the Operational Program Slovakia, the motorway company received 30 million euros. The money was used for the construction of the Košice bypass. It managed to obtain nearly 24 million euros for the second section R2 Košice, Šaca – Košické Oľšany, and the EU contributed 6.6 million euros this year for the R3 Tvrdošín – Nižná section.

“One of the most significant successes of the National Motorway Company in using European resources was its involvement in the Connecting Europe Facility (the so-called CEF). From the facility, it managed to obtain almost 25 million euros this year for the R4 Prešov – northern bypass, II. stage. For the coming years, the motorway company aims to gradually increase the use of EU funds,” concluded NDS. (December 23)

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