May 22 (SeeNews) - Croatian company Koncar – Engineering, a subsidiary of electrical equipment manufacturer Koncar Elektroindustrija [ZSE:KOEI], said on Wednesday it has signed a deal worth 12 million euro ($13 million) for an engineering project with Swedish distribution system operator Vattenfall.
The project is for the reconstruction of the 130 kV transformer station PT60 Flarken, according to the turnkey principle, which is located in the north of Sweden, Koncar – Engineering said in a note on Linkedin.
Koncar Elektroindustrija’s shares traded 0.78% higher on Wednesday afternoon on the Zagreb bourse.
($ = 0.923 euro)