October 21 (SeeNews) - Bulgaria's state-owned National Railway Infrastructure Company (NRIC) said on Monday that it has signed a 9.8 million levs ($5.6 million/5.0 million euro) contract with Slovenia's Iskra for the upgrade of railroad dispatching centres.
The contract was signed on September 18, NRIC said in a notice.
Ljubljana-based Iskra will be responsible for the project design, the supply of spare parts and equipment, as well as construction works on the Centralized Traffic Control (CTC) system in 16 train stations located on the railroad between Sofia and Karlovo, in central Bulgaria.
NRIC received two offers in the public procurement procedure for awarding the contract. Bids were ranked mainly based on price, which carried 60% weight in the total score.
Slovenia's Iskra provides intelligent industrial solutions and cutting-edge electrotechnical products. Iskra helps companies to improve existing applications and introduce new technologies in strategic business areas, according to information published on the company's website.
(1 euro = 1.95583 levs)