The contract's value excludes value-added tax (VAT).
Under the contract, Hidroconstructia will upgrade the main sewerage collectors in the northeastern city of Iasi, the notice published in the Tenders Electronic Daily (TED) indicated.
The project's value was initially estimated at 52 million lei, excluding VAT.
The project is financed by the European Union under the sectoral operational programme Environment.
(1 euro = 4.5466 Romanian lei)