January 30 (SeeNews) - A consortium led by Bulgaria's Energoremont Holding [BUL:6EG] signed a 5 million levs ($2.7 million/2.6 million euro) contract with state-owned National Railway Infrastructure Company for the reconstruction of a railway section, Energoremont said on Monday.
The section between the villages of Straldja and Tserovski is part of the railway linking Bulgaria's second-biggest city of Plovdiv with the Black Sea port of Burgas, Energoremont Holding said in a bourse filing.
The consortium includes two other companies, Italy's Salcef and Sofia-based Transgeo, according to a notice posted on the website of Bulgaria's public procurement agency.
The project, financed under the EU's Operational Programme Transport 2014-2020, should be completed within two years, according to the tender notice.
Energoremont Holding [BUL:6EG] shares rose 10.63% to 3.54 levs as of 11:47 CET on Monday on the Sofia bourse.
(1 euro = 1.95583 levs)