Most Sofia bourse indices fall, Fibank paces blue-chip losers
UPDATE 1 - Bulgarian regulator okays 6.5% hike in Dec natgas price
Zarneni Hrani Bulgaria boosts 9-mo cons net profit, revenue falls
Fitch reaffirms Euroins Insurance Group at B+, outlook stable
Croatia's competition watchdog opens probe into Cakovecki Mlinovi, Tvornica Stocne Hrane
Nov 27, 2017 17:22 EEST
November 27 (SeeNews) - Zeljeznice Republike Srpske [BANJ:ZERS-R-A], the railway operator of Bosnia's Serb Republic, has signed a deal with China Shandong International Economic & Technical Cooperation Group for reconstruction of the Banja Luka-Novi Grad railway line, the entity's road operatort Autoputevi RS said on Monday.
The railway line runs from the capital of the Serb Republic to the border with Croatia located in the Novi Grad municipality.
The deal was signed on the sidelines of the summit of the heads of the government of China and 16 central and eastern European (CEE) countries, or the 16+1 Summit, held in Budapest, Hungary, JP Autoputevi RS said in a statement.
According to local media reports, the estimated cost of the deal stands at 241 million euro ($288 million).
The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other is the Federation.
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options