Koncar to deliver submarine cables for 26.3 mln euro to HEP-ODS

“This procurement of submarine cables establishes the necessary infrastructure to accommodate larger amounts of energy from renewable sources, enhancing the reliability and security of the supply for 22 Adriatic islands,” Koncar said in a filing to the Zagreb bourse.

Koncar’s shares traded 0.78% lower at 254 euro on Friday afternoon on the Zagreb bourse.

($ = 0.923 euro)