SOFIA (Bulgaria), November 11 (SeeNews) – A consortium led by Bulgaria’s Trace Group Hold [BUL:T57] had signed a 9.77 million levs ($5.45 million/5 million euro) contract for road construction and repair works with Stara Zagora municipality, the company said on Friday.
The deadline for the completion of the works is set at 24 months, Trace Group Hold said in a bourse filing.
The other member of the tie-up is PSI, a company based in Stara Zagora, in southern Bulgaria.
Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.
(1 euro = 1.95583 levs)