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Croatia's Institut IGH signs 3.7 mln kuna (492,000 euro) deal in Georgia

Author Annie Tsoneva
Croatia's Institut IGH signs 3.7 mln kuna (492,000 euro) deal in Georgia Kritchanut/Shutterstock.com

ZAGREB (Croatia), January 19 (SeeNews) - Croatian civil engineering company Institut IGH [ZSE:IGH] said it has signed a contract worth 3.7 million kuna ($558,000/492,000 euro) with the road administration of Georgia.

Under the deal, IGH will provide services related to the preparation of design documentation, a bill of quantities and tender procedures for the rehabilitation of 22 road sections in Georgia with a total length of over 200 kilometres, the company said in a filing to the Zagreb bourse on Tuesday.

IGH shares traded traded at 114 kuna intraday on Wednesday, up 3.64%.

(1 euro = 7.523 kuna)

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