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N. Macedonia
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Fortenova sells agri unit to Podravka for 333 mln euro
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N. Macedonia's ESM in 45.5 mln euro deal with Markovski Company

Feb 19, 2024, 11:34:29 AMArticle by Dragana Petrushevska
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February 19 (SeeNews) - North Macedonia's power utility Elektrani na Severna Makedonija (ESM) said it signed a contract worth 2.8 billion denars ($49 million/45.5 million euro), VAT included, with local diversified company Markovski Company for excavation of coal and tailings at the Brod-Gnotino mine of the REK Bitola thermal power plant.

N. Macedonia's ESM in 45.5 mln euro deal with Markovski Company
License: Creative Commons CC0

Under the terms of the deal, the assignment is expected to be completed by August 13, 2025, ESM said in a notice published on the country's public procurement portal on Friday.

The companies signed the agreement on February 13.

REK Bitola accounts for over 72% of North Macedonia's total energy production.

(1 euro = 61.59 denars)

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