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Croatia’s Institut IGH gets 395,220 euro deal

Dec 7, 2023, 2:44:25 PMArticle by Annie Tsoneva
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December 7 (SeeNews) - Croatian civil engineering company Institut IGH [ZSE:IGH] said that it has signed a 395,220 euro ($425,400) contract with local state motorway management company Hrvatske Autoceste (HAC).

Croatia’s Institut IGH gets 395,220 euro deal
Croatia opened a 24 million euro worth road bypass of Turanj on July 13, 2023. Source: Croatia's transport ministry

Under the deal, Institut IGH will prepare project project documentation for reconstruction of five motorways at zones for automated toll payment, Institut IGH said in a filing to the Zagreb bourse on Wednesday.

Institut IGH's shares last traded on Tuesday on the Zagreb bourse, ending 7.78% higher at 9.70 euro.

($ = 0.929 euro)

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