Ericsson Nikola Tesla signs 4 mln euro worth of new deals

The company signed a deal with Bosnia's telecommunications operator HT Mostar [SAJ:HTKMR] for works that would enable simpler and more agile management and maintenance of the company's solutions in fixed and mobile networks, Ericsson Nikola Tesla said in a filing to the Zagreb bourse.

Several contracts for digital transformation solutions were signed on the domestic market. As part of the multi-year program of cadastral surveys, a project of cadastral surveys on the island of Korcula was contracted with the State Geodetic Administration.

New contracts were also signed with the ministry of the interior, as well as in the field of digital transformation of public services, healthcare, the financial industry and the delivery of communication equipment for business systems.

The value of the individual contracts was not disclosed.

Shares of Ericsson Nikola Tesla traded 0.95% lower at 208 euro by 1242 local time on Thursday on the Zagreb bourse.

($ = 0.937 euro)