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N. Macedonia's Granit lands 625 mln denars (10 mln euro) road repair deal

Author Mario Tanev
N. Macedonia's Granit lands 625 mln denars (10 mln euro) road repair deal Author: Flazingo Photos. License: Creative Commons, Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

SKOPJE (North Macedonia), October 11 (SeeNews) - North Macedonia-based construction company Granit [MSE:GRNT] said that it has signed a 624.9 million denars ($11.2 million/10.1 million euro) contract with the Public Enterprise for State Roads for the rehabilitation of the Kriva Palanka - Deve Bair road section.

Works under the deal must be completed within two years, the company said in a bourse filing on Thursday.

Skopje-based Granit was established in 1952 and privatised in 1996. Its main activities include construction and rehabilitation of roads. The company owns several concrete and asphalt plants and stone quarries. 

(1 euro = 61.74 denars)

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