Bulgarian Trace Group Gets Jobs of Reconstruction of Nis-Dimitrovgrad Railway Worth EUR 170 Million

The Bulgarian construction company Trace Group Hold announced on the Sofia Stock Exchange that, on October 12, it had signed the agreement on the reconstruction and modernization of the Nis-Dimitrovgrad railway, section Prosek (Sicevo)-Dimitrovgrad.

The value of the agreement is EUR 169.68 million, and the deadline period for the completion of the works is 1,276 days, that is, 3.5 years.

The job has been commissioned by the Serbian Railways Infrastructure and the European Investment Bank (EIB) is the financier.

The job will be done by the consortium of the Bulgarian companies Trace Group and Start Engineering and the Italian company Armatori Ferroviari, as reported on the Danas daily website.

TRACE GROUP HOLD PLC OGRANAK BEOGRAD

Infrastruktura Železnice Srbije Beograd

Evropska investiciona banka EIB

Trace Group Hold

Trace Group

Serbian Railways Infrastructure

European Investment Bank

EIB

Start Engineering

Armatori Ferroviari

modernization of Niš Dimitrovgrad railway

Niš Dimitrovgrad railway

Prosek Dimitrovgrad railway section