January 9 (SeeNews) - The water utility company serving the Bulgarian capital Sofia, Sofiyska Voda, said on Wednesday that it has signed a 5.1 million levs ($3 million/2.6 million euro) deal with local Raicommerce Construction, which envisages the construction of new water supply infrastructure and replacing existing one.
The deal was signed on December 20, Sofiyska Voda said in a notice.
Two companies submitted offers in the public procurement procedure for awarding the contract.
Sofiyska Voda was established in October 2000 under a 25-year concession contract for the operation and maintenance of Sofia's water supply and sewerage system. France's Veolia Water owns 77.1% of the company's capital, while the Sofia municipality holds a stake of 22.9%, according to data from Sofiyska Voda's website.
(1 euro = 1.95583 levs)