November 18 (SeeNews) - Croatian telecommunications equipment manufacturer Ericsson Nikola Tesla [ZSE:ERNT-R-A] said on Friday it signed an agreement with the interior ministry for the delivery of a border control system valued at 48 million kuna ($6.8 million/6.4 million euro).
Ericsson Nikola Tesla will work on the project in a consortium with Tehnomobil Securitas and Dat-Con, it said in a filing with the Zagreb bourse.
"The agreed solutions will enable our country to fulfil a part of the prerequisites necessary for joining the Schengen area, which will in the future enable our citizens to freely and easily travel without border controls within EU Member States", Croatia's interior minister, Vlaho Orepovic, is quoted as saying in the filing.
The border control system will be implemented in the Vukovar-Srijem and Split-Dalmatia counties, with work scheduled to start immediately. The system will be operational in January 2017.
The contracted works are financed through the Schengen Facility Fund.
Swedish telecommunications equipment giant Ericsson owns 49.07% of the Croatian company.
(1 euro=7.56547 Croatian kuna)