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Bulgarian tie-up signs 9.4 mln euro road maintenance deal

Author Mario Tanev
Bulgarian tie-up signs 9.4 mln euro road maintenance deal Author: Bulgaria's road infrastructure agency. Licence: All rights reserved.

SOFIA (Bulgaria), December 9 (SeeNews) - Bulgaria's Road Infrastructure Agency said on Friday that it has signed an 18.4 million levs ($10.4 million/9.4 million euro) framework agreement for road maintenance with a tie-up comprising six local companies.

The agreement concerns some 732 kilometres of roads in the Lovech region, the government agency said in a notice.

The contract was signed on November 29, according to the notice.

The public procurement procedure for awarding the contract attracted three offers.

According to registry agency data, Viastroy owns the largest stake in the tie-up - 45%, followed by PST Group with 20%. PST Sofia, Patstroy-Lovech and Nobako Stroy control 10% each, while Patperfect-T owns 5%.

(1 euro = 1.95583 levs)

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