You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

N. Macedonia's Granit signs 354 mln denars (5.8 mln euro) road repair deal

Author Mario Tanev
N. Macedonia's Granit signs 354 mln denars (5.8 mln euro) road repair deal Author: Flazingo Photos. License: Creative Commons, Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

SKOPJE (North Macedonia), July 22 (SeeNews) - North Macedonia-based construction company Granit [MSE:GRNT] said that it has signed a 353.7 million denars ($6.5 million/5.8 million euro) contract with the Public Enterprise for State Roads for completing the construction of the Miladinovci - Sveti Nikole - Stip road section.

Works under the deal must be completed within 28 months, the company said in a bourse filing last week.

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 = 61.35 denars)

Compare