BINA Istra [SEP] inception
BINA Istra
BINA Istra is a Croatian joint stock company founded in 1995 to facilitate construction and subsequent management of an Istrian Y motorway, consisting of the A8 motorway and the A9 motorway. On September 21, 1995, BINA Istra has been granted concession regarding management of the Istrian Y. The concession agreement is valid for 32 years, when the motorways shall be returned to the Republic of Croatia without any compensation.
The company currently manages or develops the following routes:
Current ownership structure of the company is as follows:
bad shape, drew criticism from Croatian newspapers.
Over 40 million vehicles have passed through the tunnel, with more than 2.7 million passing in 2007 alone. During the summer of 2008, on average 14,000 vehicles passed daily, prompting the highway concessioner BINA Istra to start preparation of construction of the second tunnel tube. , 27 years have passed since the opening of the first tunnel and the traffic has increased sixfold, however the second tube is not yet built. In June 2011, BINA Istra announced that design documents are being