Trace Group awarded rail contract in Macedonia

macedoniaA consortium made up of Bulgarian companies Trace Group Hold, Vodstroy 98 and Ponsstroyengineering, and Macedonian company Fabrika Karpos received from Macedonia’s Finance Ministry a contract for the reconstruction of the Bitola-Kremenica railway line. The value of the deal is 22.8 million euros. The 18-month contract will involve the reconstruction of a 17 km single-track non-electrified line, part of pan-European transport Corridor X.


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