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Bulgaria's Holding Roads Co Wins 72.6 Mln Euro in Road Maintenance Deals

Dec 16, 2009, 4:05:04 PMArticle by Georgi Stoyanov
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December 16 (SeeNews) - Bulgaria's government has awarded 142 million levs ($106 million/72.6 million euro) in contacts for winter maintenance and repair works of roads to local blue-chip infrastructure company Holding Roads.

Bulgaria's Holding Roads Co Wins 72.6 Mln Euro in Road Maintenance Deals

The seven contracts cover 4,705 km of roads in over 20 municipalities, including the capital Sofia and the city of Burgas, the company said in a statement on Tuesday.

Shares of Holding Roads (www.roads.bg), part of the benchmark SOFIX index of the Bulgarian bourse, closed 3.69% higher at 2.25 levs in a volume of 8,812 stocks on Wednesday.

(1 euro = 1.95583 levs)

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