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Bulgaria
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Fortenova sells agri unit to Podravka for 333 mln euro
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Bulgaria’s Trace Group Hold wins two road repair contracts worth total 7.3 mln euro

Dec 19, 2012, 4:45:10 PMArticle by Vera Borisova
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December 19 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said on Wednesday it won two road repair contracts in the country worth a combined 14.3 million levs ($9.6 million/7.3 million euro).

Bulgaria’s Trace Group Hold wins two road repair contracts worth total 7.3 mln euro

The country’s road infrastructure agency selected Trace Group Hold to carry out repairs on a 17.76-kilometre (km) road section in the region of Sofia and on a 5.1 km section in the region of Yambol, in southeastern Bulgaria, the holding company said in a bourse filing.

Construction works have to be completed within 114 days for the first section and within 120 days for the second one.

The financing is secured under the EU's operational programme Regional Development.

(1 euro=1.95583 Bulgarian levs)

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