June 13 (SeeNews) - Bulgarian civil engineering company Trace Group Hold [BUL:T57] said that its unit Trace Serbia has signed a 3.9 million levs ($2.2 million/2.0 million euro) for the rehabilitation of a 6.5-km road section in Serbia.
The contract was signed on June 5 and works must be completed within 11 months, Trace Group Hold said in a bourse filing.
Serbia will finance the contract with funds from the International Bank for Reconstruction and Development.
Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.
(1 euro = 1.95583 levs)