Serbia’s Energoprojekt Holding Signs $18.3 Mln Deal in Peru

One of the holding’s subsidiaries, Energoprojekt Niskogradnja Civil Engineering and Contracting Co., will reconstruct the water intake as part of the Chaviomochic irrigation project in the northwestern region La Libertad in Peru, the group said in a filing to the Belgrade bourse on Monday.

The completion period is 14 months, it added.

On Tuesday, Energoprojekt Holding stock gained 2.29% to 759 dinars ($11/7.9 euro) after climbing 2.77% the previous day.

The Chavimochic project is a scheme to construct a massive inter-valley canal system in northern coastal Peru that will save the region from chronic drought.

(1 euro=96.3994 dinars)