April 3 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said it has signed a 10.2 million levs ($6.4 million/5.2 million euro) deal for the upgrade of a road section connecting two main boulevards in the capital Sofia.
The contract was signed on March 30, Trace Group Hold said in a bourse filing late on Monday.
Works under the contract must be completed within 167 days.
The project is financed by the state budget.
Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.
Trace Group Hold shares last traded on March 29, when they closed flat at 4.80 levs. The Bulgarian Stock Exchange did not operate on Friday, March 30 and Monday, April 2.
(1 euro=1.95583 levs)