October 15 (SeeNews) - Bulgarian construction company Trace Group Hold [BUL:T57] said its subsidiary Trace PZP Nis signed two road maintenance and repairs contracts in Serbia at a total value of 334,100 euro ($381,800).
Works in the municipalities of Leskovac and Gadzin Han should be carried out in 60 days and 47 days, respectively, Trace Group Hold said on Wednesday in a bourse filing.
The Trace Group Hold subsidiaries Trace PZP Nis and Trace PZP Vranje serve 28 Serbian municipalities and around 2,800 kilometres of roads. They have a staff of 500.
Trace Group Hold was trading 0.16% lower at 6.15 levs on the Sofia stock exchange at 1241 CET on Thursday.
($=0.875 euro)