News

Financing of Belgrade Metro Project - UPDATE

March 2023 Belgrade metro will consist of two lines that should be developed in two stages in the period 2020 – 2025. The total value of the project is approximately EUR 4.4 billion. Government of Serbia intends to participate in the project, including its financing, and sovereign loans from France and China for this project and awarding it without a competitive public procurement are being put in place. French Alstom is supposed to develop machinery and trains for the line, whereas PowerChina is supposed to do the civil works. It seems that the government will not develop the project through…

Construction of Llogara Tunnel

The Albanian Government has announced in June 2020 the construction of Llogara Tunnel.

How to Choose the Right FIDIC Contract

The standard contracts constituted by FIDIC based on the organisation’s years of experience are frequently used in international projects, as they bring uniformity to technical, operational and legal matters.

Concession for the Construction of Vlora Airport

The Albanian Ministry of Infrastructure and Energy has opened tender procedures for the construction of Vlora Airport

BOYANOV & Co. Establishes Three New Professional Groups

BOYANOV & Co. has formed three new professional groups in Technology, Corporate Governance and Compliance, and Construction Law.

Approval of the Continuation of the Works on the Gjilan-Dheu i Bardhe Highway

The inter-ministerial body has approved the continuation of the works on the Gjilan-Dheu i Bardhe highway and has approved the procedures for securing funds for the Prishtina-Merdare highway. The Prishtina-Gjilan highway is an ongoing project initiated by the Government of Kosovo, where currently the works are being carried out in the first part and it must continue in the remaining planned segment up to the border point “Dheu i Bardhe”. Whereas, the project of extension of the highway Prishtina-Merdare, includes the last segment. This road crosses Kosovo from Vermica to Merdare, with a total…

Ploiesti – Brasov Motorway

The tender for the design and execution of the Comarnic ring road, part of Ploiesti – Brasov motorway, was launched, with a value of approximately EUR 68.3 million. The tender was launched on 25 August 2020.

Road Infrastructure Project Milot – Thumane – Rrogozhine - Fier

The Albanian Prime Minister announced on 3 June 2020 the development of a major infrastructure project that will directly connect through a dedicated highway in the north-western city of Milot with Fier (located in the southwest of the country). The construction costs of the project are expected to be approximately EUR 1.2 billion, whereas including VAT and expropriation costs, the overall value of the project is expected at around EUR 1.7 billion. The development formula will be through a PPP contract. The Albanian Government will guarantee up to 10% of the traffic (approximately EUR 121 million)…

Maric & Co Advises Shandong International

MARIC & Co Law Firm is pleased to announce its engagement in advising Shandong International and its Bosnian subsidiary SDHS-CSI BH d.o.o. Banja Luka in the Banja Luka - Prijedor - Novi Grad highway construction project.

COVID-19

The Uncertain Fate of the Intervention Measures in the Field of Construction Law

Authors: Kaja Baskovic, Miha Stravs In recent months, the Slovenian Parliament adopted several so-called intervention acts that imposed temporary measures in various areas, one of which is the construction legislation (e.g. regarding the position of accessory participants, the start of construction and the status of non-governmental organizations). More about these measures is available here. Some of these measures came into force with the Act Determining the Intervention Measures to Contain the COVID-19 Epidemic and Mitigate its Consequences for Citizens and the Economy (ZIUZEOP) and were supposed…

New COVID-19 Intervention Measures – An Important Step in Stimulating Construction Investments in Slovenia?

On 28 April 2020, the Slovenian Parliament adopted an amendment of certain parts of  the Act Determining the Intervention Measures to Contain the COVID-19 Epidemic and Mitigate its Consequences for Citizens and the Economy.The amendment, which came into force on 1 May 2020, includes some new measures in the field of Slovenian construction regulations

The COVID-19 Pandemic over FIDIC Agreements

The restrictive measures as well as the subsequent Military Ordinances adopted by the Romanian authorities so far, which imposed restrictions on the free movement of persons and/or products, limitation of certain economic activities, quarantine, self-isolation, lockdown of certain cities, as well as different protective measures for the employers and employees or tax measures, already affect the development of the projects within the construction sector.