New job for Energoprojekt in Russia worth EUR 13.6 million

Source: eKapija Thursday, 20.10.2016. 09:21
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(Photo: Anna Jurkovska/shutterstock.com)
Subsidiary of Energoprojekt Holding, EP Visokogradnja, and the general contractor, GasEnergoServis, have signed a subcontractor's agreement on performing finishing works and installations on the administrative facility of Gazprom Transgaz in Ukhta, Russia.

The value of the works, according to the agreement, amounts to EUR 13.6 million (VAT included), and the realization deadline is September 2017, as reported by Wisebroker.


Energoprojekt stated in it's half-year report that the plan was to sign agreements on jobs worth EUR 309 million in 2016. In the first six months, jobs worth EUR 165 million were agreed on.

The company's shares marked a growth of 25% in the current year, and the company's market value amounts to RSD 14.2 billion (around EUR 115 million) at the latest stock price of RSD 1.296.
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