Roundabout intersection construction in Michalovce will help solve long-standing accident rate issue at traffic junction

(Michalovce, 24th January, 2008) – Inžinierske stavby, a. s., a member of COLAS Group, has commenced the construction of intersection on I/50 road with the ceremonial tapping at the foundation stone at the presence of the Minister of Transport, Posts and Telecommunications of the Slovak Republic, Ľubomír Vážny. In the region, the intersection located south of the town centre and connecting this first class transit road with Lastomírska Street and third class road heading to Lastomír, has been long known as the traffic junction with a high accident rate. The Slovak Road Administration, the Investment Constructions and the Road Administration Košice are construction employers, Dopravoprojekt, a.s is a designer and Inžinierske stavby form Košice has won the tender and became a contractor.
 
On the basis of the present traffic state analysis at the intersection, its capacity may be increased by rehabilitation into a roundabout intersection together with the modification of the traffic organization. The new roundabout intersection will provide the necessary capacity till 2040 as minimum and will create favourable conditions for more continuous but first of all safer traffic at this place. The intersection capacity will be increased together with the safety of pedestrians and thanks to rehabilitation a new, interesting landmark. The construction financed by the state budget in the amount of SKK 33.8 million excluding VAT will be completed by Inžinierske stavby in November this year. The rehabilitation will be performed with the full traffic running which cannot be avoided. The Contractor, however, will minimize traffic limitations.        
 
The Inžinierske stavby, a. s. company, Košice was established in 1951. Currently it is the second largest building company in Slovakia and ranks among the most important contractors of the National Highway Company. Besides the construction of roads and bridges the company focuses also on the construction of sewerage systems and WWTPs, gas lines, waterworks, and other construction projects. In 2004 a French group, Colas, one of the world leaders in the area of road construction,  became a majority shareholder in the company.