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Bulgaria s Ruse water utility signs 9.3 mln euro EU-backed deal with local tie-up License: Creative Commons CC0
SOFIA (Bulgaria), February 22 (SeeNews) - Bulgarian water utility company ViK Ruse said on Monday that it has signed an 18.2 million levs ($11.3 million/9.3 million euro) contract for the reconstruction of water supply infrastructure with a tie-up between four local companies.
The tie-up comprises Raicommerce Construction, Veyl Construction, Water Design and Stroyinvestconsult Sofia, ViK Ruse said in a notice to the public procurement agency.
Raicommerce Construction and Veyl Construction own 48.47% each, while Water Design and Stroyinvestconsult Sofia hold 1.53% each, according to registry agency data.
The contract was signed on February 19 following a tender which attracted nine valid bids.