March 25 (SeeNews) - Bulgarian water utility company ViK Ruse said on Thursday that it has signed a 16.6 million levs ($10 million/8.5 million euro) contract with a local tie-up for the reconstruction of parts of the water supply and sewage network in the centre of Ruse.
The tie-up comprises local companies Patstroy-Varna, Severni Vodi and Domi 97, ViK Ruse said in a notice to the public procurement agency.
The contract was signed on March 22 following a tender which attracted five offers.
According to registry agency data, Patstroy-Varna owns 87% interest in the tie-up, Severni Vodi has 10%, while Domi 97 owns 3%.
The project benefits from EU financing under operational programme Environment 2014-2020.
(1 euro = 1.95583 levs)