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Fortenova sells agri unit to Podravka for 333 mln euro
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Fortenova sells agri unit to Podravka for 333 mln euro
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Ericsson Nikola Tesla signs 11 mln euro worth of new deals

May 17, 2024, 1:10:42 PMArticle by Annie Tsoneva
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May 17 (SeeNews) - Croatian ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] has signed several contracts worth 11 million euro ($11.9 million) in total, related to expansion and upgrade of communication networks and the digital transformation, it said on Friday.

Ericsson Nikola Tesla signs 11 mln euro worth of new deals
Ericsson Nikola Tesla. Photo by Ericsson Nikola Tesla.

“New multi-year activities for Kosovo operator IPKO include the expansion and modernization of its radio 2G/4G/5G and core network,” Ericsson Nikola Tesla said in a filing to the Zagreb Stock Exchange.

A number of projects in the field of digital transformation of state administration, public services, security and healthcare as well as maintenance of communication infrastructure were also contracted, it added without elaborating.

Shares of Ericsson Nikola Tesla traded flat at 207 euro by 1144 local time on Friday on the Zagreb bourse.

($ = 0.922 euro)

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