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Albania
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Koncar, Electromontaj partner for 188 mln euro HPP overhaul deal
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Croatia’s Koncar in 10 mln euro deal with Albanian OSHEE

Jun 28, 2024, 4:22:36 PMArticle by Annie Tsoneva
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June 28 (SeeNews) - Croatian company Koncar – Engineering, part of electrical engineering firm Koncar Elektroindustrija [ZSE:KOEI], said on Friday is has signed a contract with Albanian distribution system operator OSHEE for the reconstruction of 11 transformer stations 110/x kV for some 10 million euro ($10.7 million).

Croatia’s Koncar in 10 mln euro deal with Albanian OSHEE
Croatian Koncar – Engineering and Albanian distribution system operator OSHEE have signed a deal for reconstruction of 11 transformer stations 110/x kV. Source: Koncar – Engineering

The order is financed by German development bank KfW, Koncar – Engineering said in a note on Linkedin.

Koncar – Engineering has been actively involved in numerous projects for the development of the Albanian power grid over the past 40 years.

Koncar’s shares traded 0.78% higher at 260 euro intraday on Friday on the Zagreb bourse.

($ = 0.934 euro)

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