February 22 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said on Thursday its Serbian unit, Trace PZP Nis, has signed a 19.7 million levs ($12.4 million/10.0 million euro) road maintenance deal.
The deal envisages the maintenance of 482 kilometres of primary and secondary roads in Serbia, Trace Group Hold said in a bourse filing.
The three-year contract will enter into force on April 1.
On Wednesday, Trace Group Hold said its other Serbian subsidiary, Trace PZP Vranje, has signed a 26.7 million levs deal for maintenance of 583 kilometres of primary and secondary roads in Serbia.
(1 euro = 1.95583 levs)